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Old 31st Mar 2024, 20:23
  #1887 (permalink)  
1889LS
 
Join Date: Jul 2023
Location: Sheffield
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Originally Posted by Vokes55
Leased, owned, chartered, the result is the same - new aircraft are expensive.
Nonsense.

You can rent a house, you can pay a mortgage, or you buy with cash.

Renting a house is costly, you lose money and have nothing to show for it at the end of your tenancy.

Paying a mortgage is also costly at the beginning, but once it’s paid off then you have an asset that’s all yours and have all the benefits of it.

Buying outright is the optimal, you have the asset to do as you like with, and none of the ongoing overheads.

Jet2 are using a mixture of the last two options for their purchases, just like they always have done.
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