Makes sense. One of TWA=B9s failings was that their credit rating was so poor, their =8Ccost of funds=B9 or =8Cborrowing costs=B9 were so high that they could never compete. AA had/(has?) a much better rating and a lower cost of funds that it=B9s cheaper to buy out the leases. Matthew On 6/18/02 3:31 PM, "Douglas Schnell" <dks28@cornell.edu> wrote: > Word from a reliable source is that AA is purchasing the MD-83s TWA used > to lease (I'm guessing from ILFC). Anybody heard anything along these > lines? >=20