What has changed is that Leases are now on the balance sheet as debt(ftom 30/6/19) compounding the strategy of having off balance sheet debt where leases used to sit. This amplifies debt to equity ratios.Strong companies have kept Assets on the books. Time will tell.
Yes, the correct categorisation of lease obligation has changed. Stronger companies with clear foresight were well prepared. Perhaps, simply selling off what left of assets is strategy, albeit short term.
Using surplus cash flow to fund asset purchases, like a fleet is simply beyond Fort Fumble. Short term strategy far more profitable for the insiders with lots of share options.