Opentopia Directory Encyclopedia Tools

Commercial Aircraft Sales and Leasing

Encyclopedia : C : CO : COM : Commercial Aircraft Sales and Leasing


Commercial Sales and Leasing (CASL) is a common phrase used to describe organizations which typically market used commercial airliners and related equipment governments and other various customers from manufacturers such as Boeing and Airbus as a primary function. CASL companies are often referred as aircraft lessors.

Small startup airlines which are usually not in a financial position to afford brand-new factory-direct aircraft, or established carriers who prefer to maintain flexibility by leasing rather than owning their aircraft, will typically work with a CASL company to locate and procure used aircraft for lease or finance. The aircraft may be provided to the airline on the basis of an operating lease or a finance lease.

A number of commercial banks, hedge funds and financial institutions are active in the aircraft leasing business: the two largest and best-known CASL companies are GECAS and ILFC. Their indendent revenues rank into the billions of dollars. Smaller companies active in the field include Aircastle and Singapore Aircraft Leasing Enterprise (SALE).

List of CASL companies

External links

 


From Wikipedia, the Free Encyclopedia. Original article here. Support Wikipedia by contributing or donating.
All text is available under the terms of the GNU Free Documentation License See Wikipedia Copyrights for details.

Search Titles
0123456789
ABCDEFGHIJ
KLMNOPQRST
UVWXYZ?

E-mail this article to:

Personal Message: