Northwest sells off nine A319's

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Northwest Airlines said it is selling nine of its 65 A319s as part of an effort to right-size its fleet. The carrier said the deals were negotiated during its Chapter 11 restructuring and now are nearing closing. Buyers and purchase prices were not disclosed. NWA's A319s are configured with 16 business-class and 108 economy seats. It also has 73 148-seat A320s. At least some of the aircraft being sold had not been in use for some time, sitting idle and unpainted in the airline's Minneapolis hangar.

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15 years 2 months

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Northwest Airlines said it is selling nine of its 65 A319s...

...At least some of the aircraft being sold had not been in use for some time, sitting idle and unpainted in the airline's Minneapolis hangar.

I must confess that I do not know the in's and out's of the benefits of selling an aircraft or leasing it, but surley it would be better to lease them out to other airlines in order make some continual revenue from them throughout their operating period, rather than selling them off and getting just one lump sum for them. If they then agreed a purchase price from the airline after the lease period is over, then that would be better as it generates more money...or am I barking up the wrong tree?:confused::o