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June 19, 2024
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Leasing of aircraft has taken a jump. Yet airlines prefer to buy them outright too. Richard Schuurman looks at the trends.

Over the half a century of airliner leasing it has been a booming business. “In 1970 a half of one percent of the world’s fleet was leased. In 2017 this has grown to 39 percent and in 2018 to 41 percent”, says Boeing’s vice-president marketing commercial airplanes Randy Tinseth. “However, there are some regional differences. In the US 24 percent of all single-aisle aircraft is leased compared to 76 percent in Russia or even 80 percent in India. It reflects the financial situation of the airlines”.

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Richard Schuurman
Active as a journalist since 1987, with a background in newspapers, magazines, and a regional news station, Richard has been covering commercial aviation on a freelance basis since late 2016. Richard is contributing to AirInsight since December 2018. He also writes for Airliner World, Aviation News, Piloot & Vliegtuig, and Luchtvaartnieuws Magazine. Twitter: @rschuur_aero.