Leasing Income Changed

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Cat
Chief Pilot
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Leasing Income Changed

Post by Cat » Sun Apr 25, 2021 2:05 am

Curious for the reason one of our CRJ-700's leasing out at $210,000 only paid us $60,000 today.

N105FH leased out on 3/27 for $210,000 a week
paid 210 on 4/3
paid 210 on 4/10
paid 210 on 4/17
paid 60 on 4/24

What the heck?
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rwoodbc60
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Re: Leasing Income Changed

Post by rwoodbc60 » Sun Apr 25, 2021 10:54 am

On the above lease, I may have figured it out about the $60000. The lease period was for 30 days - Mar 27 to Apr 25 inclusive. So that left 2 days remaining - Apr 24 and 25th - so the lease pay of $30000 per day.
So the lease should expire on Apr 26 at 08:00.
Am I correct, Joe? And what will transpire at that time period, Joe?

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joefremont
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Re: Leasing Income Changed

Post by joefremont » Sun Apr 25, 2021 5:42 pm

rwoodbc60 wrote:
Sun Apr 25, 2021 10:54 am
On the above lease, I may have figured it out about the $60000. The lease period was for 30 days - Mar 27 to Apr 25 inclusive. So that left 2 days remaining - Apr 24 and 25th - so the lease pay of $30000 per day.
So the lease should expire on Apr 26 at 08:00.
Am I correct, Joe? And what will transpire at that time period, Joe?
Yes I think you have it correct.
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rwoodbc60
Ticket Agent
Posts: 8
Joined: Tue Mar 12, 2019 11:47 pm

Re: Leasing Income Changed

Post by rwoodbc60 » Mon Apr 26, 2021 4:49 pm

FYI, everything did happen as I thought it would. The leasing company did receive the aircraft at the correct time to re-lease it. Thanks for the response, Joe.

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