Leasing cost after termination.

Hi all,

Hope you guys can point me in the right direction.

I leased an Embraer 195 AR but have recently terminated the contract. I’ve noticed suddenly on my flights that the leasing / depreciation costs have shot through the roof virtually rendering flying any route pointless.

I have done the same with another E95 and the leasing /depreciation has dropped to nothing.

Bit confused??

Thanks for any help.

If you need more info, please ask. :)

well, that’s strange. I cancelled the remaining schedule (not flights, just the schedule) and the leasing / depreciation went to $0 :wacko:

Only the direct costs are important, as they are incurred at the time of departure. Indirect costs are paid out weekly. What does your financial schedule say? The return of the lease deposit should be green, and in the credit column.

leased or credit aircraft you must pay on end of week

if one plane is grounded, then rest must cover his part of not working

grounded aircraft is the most expensive