OPERATING LEASE AS A SPECIFIC FORM OF AIRLINES OUTSOURCING

Kód výsledku v IS VaVaI

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Výsledek na webu

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DOI - Digital Object Identifier

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Jazyk výsledku

angličtina

Název v původním jazyce

OPERATING LEASE AS A SPECIFIC FORM OF AIRLINES OUTSOURCING

Popis výsledku v původním jazyce

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&apos;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.

Název v anglickém jazyce

OPERATING LEASE AS A SPECIFIC FORM OF AIRLINES OUTSOURCING

Popis výsledku anglicky

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&apos;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.

Druh

D - Stať ve sborníku

CEP obor

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OECD FORD obor

50703 - Transport planning and social aspects of transport (transport engineering to be 2.1)

Projekt

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Návaznosti

I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Rok uplatnění

2018

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název statě ve sborníku

Business Logistics in Modern Management

ISBN

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ISSN

1849-5931

e-ISSN

neuvedeno

Počet stran výsledku

15

Strana od-do

641-655

Název nakladatele

Ekonomski fakultet u Osijeku

Místo vydání

Osijek

Místo konání akce

Osijek

Datum konání akce

11. 10. 2018

Typ akce podle státní příslušnosti

EUR - Evropská akce

Kód UT WoS článku

000450423400038