OPERATING LEASE AS A SPECIFIC FORM OF AIRLINES OUTSOURCING
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216275%3A25510%2F18%3A39914006" target="_blank" >RIV/00216275:25510/18:39914006 - isvavai.cz</a>
Result on the web
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DOI - Digital Object Identifier
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Alternative languages
Result language
angličtina
Original language name
OPERATING LEASE AS A SPECIFIC FORM OF AIRLINES OUTSOURCING
Original language description
Fleet is an essential element of the business model of airlines. The amount of aircraft operated, the way they are purchased and their use in service has a significant impact on the economy of the airline. This article focuses on the way of aircraft acquisition - operating lease. During the lease term or after termination, the aircraft is not owned by the airline, but the aircraft is rented. It is a specific form of outsourcing and the routine practice of airlines around the world. The article describes all the reasons, procedures and requirements of operating leases. It analyses the integration and reporting of operating lease costs in the carrier's cost structure. The main benefit of this research is the analysis of the development of the fleet ownership structure of the four largest low-cost airlines in Europe. The study focuses on leased fleet trends with respect to the total number of aircraft in the fleet age context. Each of the controlled airlines has its own specifics. In general, the total number of aircraft in the fleet is still increasing. However, the number of leased aircraft does not have this trend, and during the development we have seen the phases when the number of leased aircraft declined. The average age of aircraft in these companies was 5.4 years at the end of fiscal year 2017.
Czech name
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Czech description
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Classification
Type
D - Article in proceedings
CEP classification
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OECD FORD branch
50703 - Transport planning and social aspects of transport (transport engineering to be 2.1)
Result continuities
Project
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Continuities
I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace
Others
Publication year
2018
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Article name in the collection
Business Logistics in Modern Management
ISBN
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ISSN
1849-5931
e-ISSN
neuvedeno
Number of pages
15
Pages from-to
641-655
Publisher name
Ekonomski fakultet u Osijeku
Place of publication
Osijek
Event location
Osijek
Event date
Oct 11, 2018
Type of event by nationality
EUR - Evropská akce
UT code for WoS article
000450423400038