Ktachiya From Japan, joined Sep 2004, 1732 posts, RR: 2 Posted (8 years 2 months 2 weeks 2 days 17 hours ago) and read 1174 times:
I have found this strange with some of their aircrafts. For instance, JA8087 (747-400) was bought by JAL, immediately went to NIA aircraft leasing and was leased to JL, and then last month, records indicate the JL rebought the aircraft. This didn't happen only with this aircraft. For instance, JA813J and JA812J first were leased from an American company so had a N registration number and was bought by JL recently. Is there a strategy into doing this?
I also find it odd that JL owns a lot of the older aircrafts (747-200, 747-300) while a majority of their fleet of 747-400 are leased. Does anybody have anymore information on this?
PlaneSmart From New Zealand, joined Dec 2004, 739 posts, RR: 0 Reply 1, posted (8 years 2 months 2 weeks 2 days 10 hours ago) and read 1136 times:
For an airline that has the $'s, buy v lease is driven by 2 things - tax and balance sheet.
Because tax rates and rules, and company financial performance are not static, company's tend to switch. There are tricks of the trade. For example, some airlines will change aircraft ownership just before and immediately after major maintenance. Some airlines will switch country of registration.
And remember, the aircraft can be owned, but at any one time, the engines can be owned, leased, rented or on loan, or any combination of these on the same aircraft.