Let’s explore why it’s a significant choice:

1. Operational Flexibility: Leasing allows carriers to adapt swiftly to changing market demands. They can adjust their fleet size, route networks, and aircraft types without the long-term commitment of owning planes. This flexibility is crucial in today’s aviation industry. 

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3. Cost Savings and Capital Freedom: Leasing reduces the upfront capital required for purchasing aircraft. Instead of a large lump sum, airlines pay monthly lease fees, which can be more manageable. This frees up capital for other essential investments and operational needs. 

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6. Risk Mitigation: Aircraft leasing helps mitigate risks associated with aircraft ownership. Maintenance costs, technological obsolescence, and residual value risks are borne by the lessor rather than the lessee. This risk-sharing arrangement provides financial stability and predictability.

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8. Profitability Enhancement: By leasing, airlines can focus on their core business—operating flights—while leaving the complexities of aircraft ownership to specialize lessors. This streamlined approach often leads to improved profitability.

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10. Global Industry Trend: Over 40% of the global fleet consists of leased aircraft. The popularity of leasing has grown due to factors like emerging markets, low-cost carrier models, and increased investor liquidity. Leasing has become a norm, allowing carriers to thrive in a competitive business climate.