Hi, Just wondering what happens if I lease an aircraft from another company - and that company folds ???
Thanks in advance,
Saad
Hi, Just wondering what happens if I lease an aircraft from another company - and that company folds ???
Thanks in advance,
Saad
if I remember correctly, AS holding takes over the a/c (as it would either way) and the lease continues
That’s correct. If the lessor goes bankrupt, AS takes over. So nothing changes for you.