Reasons Why Air Carriers and Airlines Lease Aircraft Rather than Purchase It.
Frequent travelers, business corporations, operators and airlines prefer leasing airplanes to acquirin
g them as a result of a number of reasons. These reasons border on the need to meet some specific business goals.
Highlighted below are the key reasons why air carriers and airlines lease aircraft;
1. Financial Burden of Operating and Maintaining Aircraft
It is common knowledge that purchasing aircraft requires a heavy capital. Over 50% of aircraft in the market today are Leased. Leasing aircraft will save cost tremendously rather than purchasing them. For instance, in a large commercial airline, the overall investment capital for aircraft is about $100 million per plane. And if a fleet of 5 airplanes is leased, instead of purchased, the cost is still $100 million.
Furthermore, the cost of maintaining aircraft even makes the option of leasing it a lot more economical. When airlines lease aircraft, they can maintain a fuel-efficient fleet of the latest designs of aircraft. This, therefore, gives them higher chances of survival, wiser economic decisions and enhanced management of traffic fluctuations.
2. Peak Session Demand
Air Carriers — after acquiring aircraft — can realize there is a need to have more airplanes in service as a result of spike in demand during holidays. Additional aircraft can be leased for this purpose; an arrangement can also be made for the aircraft to be returned as soon as there is fall in demand.
3. Focus on Growth
Leasing planes — in lieu of purchasing them — aids the growth of airlines. This is because it prevents economic uncertainty and offers flexibility.
4. No Waiting Time
Leasing aircraft provides an instant access to airplanes all year round.
Types of Aircraft Leasing
Safety and legal agencies ensure that planes are properly maintained. The leasing period for aircraft usually varies from 3 –15 years. Nowadays, fifty percent of passenger planes operational are leased by airlines from aircraft leasing companies.
Such airplanes are leased under the following types of arrangement;
Dry Lease: In this arrangement, the leaser provides a plane without any insurance, round staff, crew, maintenance, supporting equipment, and so on. All these services are the responsibility of the airline.
Wet Lease: In this case, the leasing company offers aircraft with a full crew, insurance and maintenance. This can be likened to a charter plane, but with a difference — the airline’s logo is on it.
Damp Lease: Although this arrangement is similar to a wet lease, what makes it distinct is the fact that the leaser doesn’t offer cabin crew services.
Sale and Lease Back: An airline that purchases an airplane, offers it for sale to a leasing company at the current rate in the market. Then, they lease the same aircraft back immediately. Typically, airlines buy hundreds of aircraft in large quantities and lease them back. As the airplanes are acquired by a leaser, such airlines can save on the depreciation.
Jet Supersonic Air — Your Best Choice for Aircraft Leasing
At Jet Supersonic Air, our team of leading experts around the world is readily available to provide you with unique leasing services through our efficiency, expertise and knowledge.
Why Jet Supersonic Air for Aircraft Leasing Solutions?
No membership fees.
No minimum deposit.
No restrictions on fund withdrawals.
No blackout dates.
Access to the best aircraft & services.
Unparalled tailored package solutions.
In addition to these, Jet Supersoni Air in Partnership or Collaboration with Regio Lease VP Anas BOUHAMIDI provide the financing from funding and banking partners to lease aircraft they also offer technical, maintenance and crewing support for operating and managing aircraft as a full service solution package.
Sarra Assiani the Managing Director of Jet Supersonic Air cites :
We offer industry leadership, capital strength, and time on your side with our aircraft leasing solutions.
Anas Bounahmidi, VP Business Development of Regio Lease cites:
We aim to create added value to our customer and design tailored solutions for their specific needs. Aviation market offers all those solutions that investors are looking for and we intend to maintain this value throughout the time.
Contact Jet Supersonic Air for access to some of the most innovative aircraft leasing solutions. Built on safety, efficiency, and transparency, above all else service experience.
More information about the company can be found at : www.jetsupersonicair.com
For inquiries : firstname.lastname@example.org
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