PPRuNe Forums - View Single Post - Ryanair-10
Thread: Ryanair-10
View Single Post
Old 29th Sep 2017, 12:21
  #362 (permalink)  
racedo
 
Join Date: Nov 2008
Location: Exit stage right.
Posts: 290
Likes: 0
Received 2 Likes on 2 Posts
Originally Posted by KelvinD
The report mentions Ryanair actually own, outright, 44 of their aircraft, while the remainder are effectively mortgaged to Ex-Im bank and others. 33 aircraft are leased on 7 year leases etc etc. 195 pages that can be bloody tedious in places but interesting in others.
Exim provide very low cost loans to anybody buying from US, no different from what UK Govt or others provide in way of Export Finance.

As for leasing................ not unsurprisingly Sale and Leaseback is a very efficient way to look after your own cash. Means someone else funds it at a low interest rate while you use the cash.

Few UK retailers own their own stores................ they buy the land and build it they sales and lease back the stores.
racedo is offline