Sponsor Message:
Civil Aviation Forum
My Starred Topics | Profile | New Topic | Forum Index | Help | Search 
New Aircraft: Financed Or Leased?  
User currently offlineGnomon From , joined Dec 1969, posts, RR:
Posted (14 years 5 months 1 week 4 days 1 hour ago) and read 992 times:

This is gonna be an interesting question; I hope someone knows the answer.

In perusing several online commercial aircraft censuses, and cross-checking several registrations with the FAA's N-number database, I find that many Boeing aircraft are technically "owned" by WTCI, (actually Wilmington Trust Co., Inc.), which I believe is a bank. Is WTCI the bank Boeing uses for operators to finance new aircraft, or is it a lessor like ILFC, Guiness-Peat, etc.?

What my question boils down to is: Are aircraft owned by WTCI aircraft on which the operator is making payments, or are they leased?

5 replies: All unread, jump to last
 
User currently offlineGnomon From , joined Dec 1969, posts, RR:
Reply 1, posted (14 years 5 months 1 week 3 days 20 hours ago) and read 953 times:

No takers yet? I have an addendum. How are new aircraft financed?
Many thanks for any info anyone can provide.


User currently offlineWorldTraveller From Germany, joined Jun 1999, 624 posts, RR: 5
Reply 2, posted (14 years 5 months 1 week 3 days 13 hours ago) and read 943 times:

Most aircrafts are leased, but that depends on the airline. I've heard that AA has 80% leased aircrafts.
Does anybody have other numbers?

Regards


User currently offlineAcvitale From United States of America, joined Aug 2001, 922 posts, RR: 10
Reply 3, posted (14 years 5 months 1 week 3 days 9 hours ago) and read 933 times:

Wilmington Trust Bank as a registered owner could be either owned and financed thru the bank or leased and the aircraft financed thru the bank. Hence it is difficult to determine based on that factor. Another note is that Guiness Peat Leasing is no longer in existance as an independent entity to my recollection. I believe they got bought out.

Companies like GECAS or ILFC can finance an aircraft from assets or they may choose to use lines of credit and finance from a bank or investor fund (ie Polaris Aircraft Leasing now part of GECAS).

I know this does not provide the definative answer you were looking for but, It is the way this crazy business works.


User currently offlineTexairport From , joined Dec 1969, posts, RR:
Reply 4, posted (14 years 5 months 1 week 3 days 9 hours ago) and read 931 times:

Acvitale is right, Wilmington Trust Co is simply a trust acting on behalf of banks, leasing companies, etc. They act as trustee for many items, not just aircraft.

User currently offlineSammyk From United States of America, joined Oct 1999, 1690 posts, RR: 0
Reply 5, posted (14 years 5 months 1 week 3 days 9 hours ago) and read 928 times:
Support Airliners.net - become a First Class Member!

Wasn't Guinness-Peat Aviation (GPA) taken over by GECAS?

Sammy


Top Of Page
Forum Index

This topic is archived and can not be replied to any more.

Printer friendly format

Similar topics:More similar topics...
YYZ's New Aircraft Themed Restaurant posted Fri Jan 4 2002 18:47:59 by Canadi>nBoy
TG To Get New Aircraft posted Sat Dec 15 2001 01:46:35 by TG992
Nigeria Airways To Buy New Aircraft posted Tue Dec 4 2001 20:40:59 by Hani
How Does A New Aircraft Get To Its New Home? posted Mon Nov 26 2001 16:58:38 by VS744
New Aircraft Type posted Mon Nov 19 2001 02:00:34 by Ezra
Origin Pacific's New Aircraft posted Sat Nov 10 2001 07:56:14 by Freedomair737
World Airways New Aircraft posted Fri Nov 9 2001 02:45:02 by Propilotjw
Will QF Put PTV's In New Aircraft? posted Sun Oct 28 2001 11:02:09 by Flyinghighboy
Cost Of New Aircraft posted Sun Oct 7 2001 22:23:03 by Lubcha132
Lineas Aereas Azteca Order New Aircraft. posted Sat Sep 22 2001 02:41:12 by RJ_Delta