The editorial here regarding the Embraer E190 creating a possible headache for NAC following the Virgin Australia news yesterday with a glut on the market has resonated with many lessors and bankers. So for those who say “there is no problem” here follows a wake-up call: As of four weeks ago, 60-80 E190s were readily available with close to 50 parked. Jetscape had an agreement in place to purchase six of the Virgin Australia E190s at “very favorable rates” but, after two deliveries, the other four had to be deferred as the lessor could not find homes for them. Taking

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