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Airlines Who Own Their Fleet  
User currently offlineIslandboy From Bahamas, joined Dec 2003, 165 posts, RR: 0
Posted (8 years 11 months 2 weeks 1 day 21 hours ago) and read 3464 times:

As stated above...Do any airline actually own their fleet ouright and arent leasing planes from anyone? Big or Small operators.


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18 replies: All unread, jump to last
 
User currently offlineNWAFA From United States of America, joined Dec 2003, 1893 posts, RR: 16
Reply 1, posted (8 years 11 months 2 weeks 1 day 20 hours ago) and read 3419 times:

Prior to NWA going private in the late 1980's they owned their fleet - Thanks to our own Checci and Wilson they leveraged that!

I think Southwest does.



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User currently offlineACYWG From Canada, joined Feb 2005, 265 posts, RR: 0
Reply 2, posted (8 years 11 months 2 weeks 1 day 20 hours ago) and read 3398 times:

I believe WestJet does as well. Makes it easy if they've got a cash crunch. Sell off a plane or two and walk away with a hefty wad of cash,

User currently offlineIBERIA747 From Spain, joined Aug 2003, 1831 posts, RR: 58
Reply 3, posted (8 years 11 months 2 weeks 1 day 20 hours ago) and read 3361 times:

Iberia owned all their fleet before being privatized.

Currently I think they own less than 50% of it.



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User currently offlineDfwRevolution From United States of America, joined Jan 2010, 962 posts, RR: 51
Reply 4, posted (8 years 11 months 2 weeks 1 day 20 hours ago) and read 3340 times:

>> I think Southwest does.

WN owns virtually all of their fleet. I think only a few of their aircraft are leased or aquired through creditors.


User currently offlineHawk44 From United States of America, joined Jan 2005, 759 posts, RR: 3
Reply 5, posted (8 years 11 months 2 weeks 1 day 20 hours ago) and read 3329 times:

Does B6 own their fleet? I know they leased a few planes but I thought I saw something about them owning the majority of them.

Hawk44



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User currently offlineRobsawatsky From Canada, joined Dec 2003, 597 posts, RR: 0
Reply 6, posted (8 years 11 months 2 weeks 1 day 15 hours ago) and read 3108 times:

Quoting ACYWG (Reply 2):
I believe WestJet does as well

Most, but not all. Their plans were and are for at least 10 of the 737-700 acquisitions to be leases in 2004-6. All of their 737-800's are/will be leases. Their last (2nd) quarter report states leased aircraft as:

13 x 737-700
5 x 737-800
5 x 737-200

That was out of a total of 60 aircraft at quarter end. The 200's were already arranged to be gone at quarter end but the agreements hadn't been finalized, so they still show up above.


User currently offlineAerorobnz From Rwanda, joined Feb 2001, 7166 posts, RR: 13
Reply 7, posted (8 years 11 months 2 weeks 1 day 13 hours ago) and read 3015 times:

As far as the big guns go, what about SQ? Their ownership must be pretty high...

User currently offlineArtsyman From United States of America, joined Feb 2001, 4745 posts, RR: 34
Reply 8, posted (8 years 11 months 2 weeks 1 day 13 hours ago) and read 2992 times:

Does B6 own their fleet? I know they leased a few planes but I thought I saw something about them owning the majority of them.
****

There is no way that Jetbrutal own their fleet. First of all they are in the very early stages of their leases and enjoying the slightly easier payment schedules, but they in no way own their fleet... not even close.

Just look at their profits, and then look at the cost of the A320 and how fast they add them and there is your answer.


User currently offlineBCAL From United Kingdom, joined Jun 2004, 3384 posts, RR: 16
Reply 9, posted (8 years 11 months 2 weeks 1 day 13 hours ago) and read 2945 times:

Does BA own the majority of their own fleet? I recall reading somewhere that apart from a handful of leased aircraft, they own the rest of the fleet.

  

Apologies. According to the BA accounts to 31 March 2005, the "owned" fleet has a book cost of £286m, finance leased fleet £141m and HP aircraft £168m.

[Edited 2005-08-20 10:14:27]


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User currently offlineJush From Germany, joined Apr 2005, 1636 posts, RR: 3
Reply 10, posted (8 years 11 months 2 weeks 1 day 13 hours ago) and read 2934 times:

What about LH? And Emirates? I reckon they own everything


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User currently offlineLeelaw From , joined Dec 1969, posts, RR:
Reply 11, posted (8 years 11 months 2 weeks 1 day 13 hours ago) and read 2928 times:

Quoting Jush (Reply 10):
What about LH? And Emirates? I reckon they own everything

Actually, EK is a major Lessee of aircraft.


User currently offlineSHUPirate1 From United States of America, joined Sep 2003, 3670 posts, RR: 17
Reply 12, posted (8 years 11 months 2 weeks 1 day 12 hours ago) and read 2922 times:

From their 2004 annual report, WN leases 84 737-300's, 9 737-500's, and 2 737-700's, and the rest of their fleet is owned, and owned the other 322 aircraft.

From their 2004 annual report, B6 leased 25 of their 69 planes, owning the other 44.

[Edited 2005-08-20 10:07:02]


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User currently offlineJohnnybgoode From Germany, joined Jan 2001, 2187 posts, RR: 6
Reply 13, posted (8 years 11 months 2 weeks 1 day 12 hours ago) and read 2891 times:

Quoting Jush (Reply 10):
What about LH?

LH only has a few aircraft on finance lease. those are two A321s, 16 CRJs (could include EW, not sure) and 5 ATRs (at its regional subsidiaries). the information i took from the current annual report. it also seems that the last two 742s were on Finance lease as well.

rgds
daniel



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User currently offlineBobnwa From United States of America, joined Dec 2000, 6449 posts, RR: 9
Reply 14, posted (8 years 11 months 2 weeks 1 day 5 hours ago) and read 2715 times:

Airlines "own" very few of their newer aircraft if you mean 100% cash paid to the manufacturer without financing from the banking industry. They are almost all financed. Just like most new cars!

User currently offlineSteve7E7 From United Kingdom, joined May 2004, 476 posts, RR: 51
Reply 15, posted (8 years 11 months 2 weeks 1 day 4 hours ago) and read 2606 times:

You can add Jet2 to the list. All their aircraft are owned by their parent company Dart Group.

User currently offlineMatt24wigan From , joined Dec 1969, posts, RR:
Reply 16, posted (8 years 11 months 1 week 6 days 1 hour ago) and read 2274 times:

SQ own there fleet, what will the 777-300's on order be used for?

User currently offlineTR763 From Brazil, joined Mar 2001, 775 posts, RR: 15
Reply 17, posted (8 years 11 months 1 week 6 days ago) and read 2208 times:

VASP used to own their 732's and all the A300's. You can check that since they stopped operations, their planes are stopped in some airports of Brazil:
View Large View Medium
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Photo © Fabio Laranjeira - Contato Radar
View Large View Medium
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Photo © Marcio Gomes Rebello Ferreira



TR763



Transbrasil
User currently offlineDanimarroquin From Colombia, joined Jan 2005, 449 posts, RR: 0
Reply 18, posted (8 years 11 months 1 week 5 days 17 hours ago) and read 2057 times:

What about insurances ? Will they be more cheaper ?

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