In message , at 15:18:38 on
Tue, 13 Oct 2009, Recliner remarked:
Yes, Ryanair buys huge batches of identical planes from Boeing (but
always with the threat of defecting to Airbus, as easyJet did), for
knock-down prices. O'Leary proudly shows off about ordering them during
recessions, when he can get the best deal. They are then kept for a
relatively short time, before being sold on, with little or no
depreciation (as Ryanair buys them for less than the second-hand price).

That's the same model as all the big car rental companies!
--
Roland Perry