How can brokers lease for so cheap?

pseudoswede · **on:** October 29, 2007, 04:28:06 am

Two brokers are offering planes for lease for less than 5% of the aircraft's value (assuming brand new). Are they immune to the 5% rule?

Just curious.

dktc · **Reply #1 on:** October 29, 2007, 04:41:48 am

The PFL script (which stands for Planes For Lease) allows them to get to about 2% (1/60) of the planes' values. This script is only used for ordering new planes for lease, which has to remain listed for at list 3 months. The limit was implemented before the current limit of 5% was introduced. However, the brokers would also be limited to the normal limits when re-listing their planes.

Air Elbonia · **Reply #2 on:** October 29, 2007, 05:05:10 am

Quote from: "pseudoswede"

Two brokers are offering planes for lease for less than 5% of the aircraft's value (assuming brand new). Are they immune to the 5% rule?

Just curious.

Me and stephen are currently debating how to revise present leasing rules appropriately. Having looked at all the data the present rules are sufficient for this age, however will not stand up to the test of time. PFL was grandfathered in (and forgotten about, mostly) for the recent updates.