With such good banking contacts, you really should apply as new Financial Director
For who? A company that has no funds?
If SQ asked me that I would do it for free!
I'm no B.air basher, but anyone knows that there are a few strategy problems with B.air.
NO ! I've just read the article again and again and again, and I really don't find your "a reason".
They are not stupid enough to say that publicly. The big answer there is :
Why the hell were the pilots the first to be informed? Because they are the first one who should have known about it
Yesterday, Oman Air has ordered six 787 Dreamliners. All six planes will be leased from Alafco
Well, because that is a wise investment. Is leasing 30 Avro's a wise investment? I hardly think so. If those were all A318/A319's it would be another story. The leased A330 for example, are a wise investment.
Plus, Oman Air is also a bad example, they have the oil behind it, the company is 80% owned by the State, they don't need to save every penny like B.Air.
Companies like Alafco, ILFC, Boullion make all parties involved a winner: manufacturer, airline, themselves.
At the same time, they rip them off millions an millions of dollars. Otherwise Steven F. Udvar-Hazy who started with nothing wouldn't have been on the list of richest people on earth.
And I understand your "different-from-car-lease" approach: A plane is built for 30 years. A car can't be leased for more than 5 years.
Plane-leasing is alot more interesting than car-leasing.
You know why I'm scared about leasing? Because the day you have more expenses than accumulated profits and no money, you are done. There ain't no chapter 11 if you see what I mean.