Sunday, June 9, 2019
Current article related to international aviation management Course
Current related to international aviation management Course - Article ExampleEasyJet reports having difficulty selling used aircraft, specifically its A319 narrowbodies but as a result of low offerings, was forced to take the used aircraft off the market (Wall, 2012). The problem is attributed to financing according to an official attached to the aviation industry. It has get down increasingly difficult to obtain finacing for used aircraft that is more than a few years old (Wall, 2012).The high cost of fuel has also contributed to the deficiency of refer in used aircraft. This is particularly true with respect to high-fuel-burn aircraft even in cases where the used aircraft is virtually new. It is therefore hardly surprising that Boeing 737-600s previously used by Malex Hungarian Airlines are currently being phased out as opposed to being leased or sold. The financial struggles of leasing companies are also contributing to the lack of interest in used aircraft. For example, Intern ational Lease Finance Corp. has experienced insolvency problems with some of the leased aircraft. In addition, leasing companies are facing competition from the higher count of production of Airbus and Boeing aircraft. Thus in the final analysis, the demands created by overbookings are easier to satisfy by new aircraft than by used aircraft.Wall, R. Aircraft Makes, Lessors Split on Market Outlook. air Week & Space Technology. March 5, 2012. http//www.aviationweek.com/Article.aspx?id=/article-xml/AW_03_05_2012_p24-431328.xml (Retrieved April 21,
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