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Author Topic: Used aircraft lease cancellations  (Read 606 times)

Offline Atlantische Zeiler

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Used aircraft lease cancellations
« on: March 21, 2013, 10:03:04 PM »
Does anyone know if I can cancel a lease on a used aircraft?

Thanks

Offline Andre

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Re: Used aircraft lease cancellations
« Reply #1 on: March 21, 2013, 10:04:42 PM »

Offline Atlantische Zeiler

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Re: Used aircraft lease cancellations
« Reply #2 on: March 21, 2013, 10:17:04 PM »
Thank you very much!

Offline Atlantische Zeiler

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Re: Used aircraft lease cancellations
« Reply #3 on: March 21, 2013, 10:27:35 PM »
How long does it take until I can cancel a 14 yr lease?

Offline alexgv1

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Re: Used aircraft lease cancellations
« Reply #4 on: March 21, 2013, 10:29:17 PM »
How long does it take until I can cancel a 14 yr lease?

10% of lease term I think so 1.4 years.
CEO of South Where Airlines (SWA|WH)

Offline Atlantische Zeiler

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Re: Used aircraft lease cancellations
« Reply #5 on: March 22, 2013, 01:01:05 AM »
10% of lease term I think so 1.4 years.

That is rather unfortunate... but thanks

Offline Troxartas86

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Re: Used aircraft lease cancellations
« Reply #6 on: March 29, 2013, 03:44:22 AM »
Keep in mind you also have to pay off 50% of the total leasing cost at once to cancel a lease. So on a 14 year lease you will probably be paying millions, possibly even more than the aircraft was worth.

 

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