4 ms·
Depends on the airline. Most Middle Eastern airlines, for example, own the aircrafts they operate though a small number were indeed leased. A brand new A380 li
by Laforet 9y ago
Depends on the airline. Most Middle Eastern airlines, for example, own the aircrafts they operate though a small number were indeed leased.
A brand new A380 lists for $300 million dollars so not all airlines have the cash to pay for them upfront, enter leasing companies who put down the capital and rent the planes out to interested airlines. Normally when the lease expires it is off to another renter at a marked.down price, however in case of the 380 this may be a bit difficult since only a few airlines have enough volume out of hubs to fill the plane, and chances are they already have more aircrafts than necessary.
- joezydeco 9y agoSo that makes me even more curious about the fate of airlines like Emirates. The gulf states have been pouring money into these airlines and (allegedly) price-dumping seats to try and push others out of the routes. Delta has been very vocal about this: https://www.usatoday.com/story/travel/flights/todayinthesky/2015/10/29/delta-dumps-dubai-blames-subsidized-capacity-gulf-rivals/74794584/ https://www.usatoday.com/story/travel/flights/todayinthesky/... What's the endgame besides making Dubai into some kind of massive hub and spoke while sitting on a pile of A380s that nobody else wants? It seems like a financial black hole at this point as long as oil prices stay where they are.