Not the greatest news = comments from Boeing
December 06, 2:03pm
Banks pulling away from financing aircraft
Airlines face having to make greater use of the bond markets to pay for planes because European banks are pulling back from commercial aircraft financing, Boeing warned on Tuesday.
http://www.ft.com/cms/s/097a515c-2003-11e1-8462-00144feabdc0.html
By: garryrussell - 7th December 2011 at 10:06
Airlines, even in the old days, had to take out finance to pay for the aircraft
It’s this finance that the banks are talking about, not leasing as such Similar to hire pruchase on a car but they usually call it lease purchase on aircraft.
Wrap it up whichever way but it’s always the banks that initially finance the aircraft
By: cockerhoop - 7th December 2011 at 08:20
at what date in time did we move away from the Ailines actually buying their aircraft, as opposed to leasing them? 1975 maybe?
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December 6, 2011 at 11:43 pm