Aircraft leasing co to start its own air line?

[Otispunkmeyer]

http://www.telegraph.co.uk/travel/news/leasing-com...

So the Irish firm Amedeo has 8 A380's and 20 more on order yet has no one in the queue to actually lease them (when the leases are up). So their plan is to become a new air line and it sounds like Economy seating only (700 odd seats!).

I can imagine it being proper no frills with food available if you want it, at extra cost and bring your own iPad if you want some entertainment better than a credit card operated air-phone in the seat back.

I presume they have done their sums, but equally, I can't see this working for some reason.

[Simpo Two]

It's an interesting idea. 'If you find yourself surrounded by aeroplanes - start an airline...'

[IforB]

It's a response to a situation, that's for sure! This could be very interesting to watch as it is very much a non-traditional way of doing things, they really could do extremely well here.

It could be a massive failure if they do it badly, but if they get the basics right...

[Eric Mc]

Has this been done before?

[alangla]

Were there not rumours that Hi-Fly were meant to be taking some of the redundant Singapore Airlines A380s? They currently operate a mix of mainly pretty old A330/340s, largely for spot hire as far as I can tell. The A380 would probably be a reasonable fit with what they currently use. I can't see an airline like Titan wanting them for their fleet, though I read somewhere that they were chasing Air Berlin A330s.

[Simpo Two]

It would make an interesting episode of Dragons' Den, that's for sure

[tribalsurfer]

Eric Mc said:

Has this been done before?

Not quite the same but United Airlines originally started out as an airline owned by Boeing.

[Dan_1981]

How do they get slots at airports?

I was under the impressions that they were effectively 'full' at all the mjor hubs?