I thought they had sorted the problems with the cabs and were just waiting for driver training to start.Tbh I could see the lease not being renewed even if there wasn't the financial straightjacket in place. It had got well past the good money after bad point, and clearly wasn't any closer to a resolution with the drivers.
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I think not renewing the lease makes sense, but I don’t think that means the 769s are destined for scrap now. They may be needed in the future, and if the owner sends them for scrap now there is no chance of recovering the conversion costs.
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