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by godzillabrennus 2291 days ago
None but they can sell them to another group of PE and recoup the Capital their investors are probably clamoring to reclaim in light of the industries issues.

Their LP’s would probably take a hit to unlock the cash and get into something more likely to rebound faster.

2 comments

Norwegian and it's subsidiaries currently operate a fleet consisting mostly of 737-800, which were being upgraded to 737 MAX 8, with 3 delivered so far. Some subsidiaries have a few 787's, and they did have 30 A321LR on order.

The 787's and the A321LRs are good planes that they could sell, but the 737-800 is an obsolete plane which has a very hard time operating with a profit when competing against the new crop of fuel-efficient narrow bodies. You can't really sell them to anyone for any reasonable amount in the current market. MAX 8's are also hard to get rid off, but for a different reason.

737-800s will go to the boneyard.
Selling won't work. If suddenly "many" airlines start selling, the demand won't be that high, and 1) the prices will plummet and 2) there won't be enough buyers so some airlines will be severely damaged (anyway)(better fewer than all I guess).