2 ms·
Most aircraft of that size are leased new - and then re-leased or sold to budget carriers.[1] New models come out and the airline may want to switch/upgrade, a
by Alupis 9y ago
Most aircraft of that size are leased new - and then re-leased or sold to budget carriers.[1]
New models come out and the airline may want to switch/upgrade, and it's a lot of capital tied up in one aircraft if they were to purchase them outright.
[1] https://aviation.stackexchange.com/a/2374/2294 https://aviation.stackexchange.com/a/2374/2294
- joezydeco 9y agoThis Quora answer is a good resource too: https://www.quora.com/How-does-the-airplane-leasing-business-work-Why-do-airlines-buy-the-planes-then-sell-them-to-a-leasing-company-and-then-lease-it-back https://www.quora.com/How-does-the-airplane-leasing-business... The TLDR is that leasing allows the airline a lot more flexibility in acquiring aircraft (and returning them if demand changes). It's cheaper to break the lease than try to sell a used aircraft on the open market. In the case of A380, it's probably keeping a few airlines out of bankruptcy.