Good morning Chef747,
Leasing is simply another form of financing. When you decide to purchase an aircraft you have many different options to finance the purchase. There is no such thing as a free lunch - whichever method you choose you have to pay for the capital cost of the aircraft - just the method and timing of paying for it is different.
Credit Rating agencies treat leasing as a form of debt and they effectively require capital allocation in order for Qantas to maintain its credit rating.
Aside from the cost of the aircraft itself, what about all the ancillary costs? spares? training? maintenance? etc? Or do you propose outsourcing all of that as well? Now that would make the Qantas engineers happy!!
Good morning Chef747,Leasing is simply another form of...
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