Dont worry Sabre, he has no idea.He talks down oil, gas and gold...

Dont worry Sabre, he has no idea.

He talks down oil, gas and gold on the oil, gas and gold threads yet is a holder of CVI. Go figure ? Either way your in his favourites.

Sabre, at the wrong end of the cycle to be buying planes yes. This cycle has happened many times and most airlines are trying to break it by beefing up revenue and yield parameters during lean periods.

Even Emirates has cut low yield routes.

By the time both QAN & VBA take ownership the world should be in the next bull market.

One thing is for sure 2nd hand aircraft sales have slumped from airlines but have been snaped up by rich individuals who do not appreciate being put on waiting lists by the big 2. Custom aircraft refurbishmnet is big business in Eastern Europe.