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Old 19th Jan 2009, 15:23
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411A
 
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Then real reason for airlines to obtain new aircraft for their fleets is tax depreciation.
Most new aircraft are depreciated in (generally) fifteen years, some faster, under acccelerated depreciation rules.
Leasing is another option, with many beneficial tax options.

For a large airline to retain old fuel-inefficient aircraft is generally poor economic planning.
Usually...there are a few exceptions.
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