Cost of vehicle ownership

The cost of ownership of the vehicle 2021-06-20 10:43:44 The cost of ownership of the vehicle can be roughly divided into two parts, that is, the additional cost of the vehicle and its depreciation and interest. Airplane is a high-tech, high-capital-intensive product, and its price is very expensive. Moreover, with the continuous advancement of science and technology, the aircraft's on-board electronic equipment has become more and more advanced, and the technology and materials for manufacturing aircraft are also continuously improved. A large number of high-tech composite materials (mainly carbon fiber honeycomb composite materials) are used in aircraft. The various parts of the body have made the technological content of the aircraft higher and higher, and the price of the aircraft has continued to rise. For example, in 1985, the price of a B737-200 aircraft was 15 million U.S. dollars, and by 2008, the price of a B737-600 aircraft was close to 60 million U.S. dollars. Generally, the design life of an aircraft is 20 to 30 years, so if an airline chooses to purchase an aircraft, the annual depreciation of an aircraft will reach about 5 million U.S. dollars, which is a huge expense for the airline. However, the service life or depreciation period of aircraft is generally 10 years or more. Aircraft older than 10 years will put certain pressure on airlines in terms of maintenance costs and safety factors. This type of aircraft has been called ' Old plane'. Large airlines tend to use young airplanes, and small airlines that are unable to purchase new airplanes dispose of these old airplanes in various ways, such as renting and selling. Even so, it may be more ideal for an airline to lease an aircraft than to purchase an aircraft. It can not only use very little initial capital to obtain a younger aircraft, reduce annual interest expenses, but also facilitate the adjustment of strategic planning, and is not subject to huge sinking. Cost constraints. , It can be seen that the ratio of aircraft purchased and leased by European and American airlines is almost 50:0, of which the general term of financial lease is 10 years or more, which is basically close to the service life or depreciation term of the aircraft; operating lease lease term Generally in 3~7 years, the lease period of Chinese airlines operating leased aircraft is mostly around 8 years (referring to new aircraft). No matter how the aircraft is purchased or leased, or the method of financing, all have a very important impact on the cost of airline vehicles. Generally, air transportation companies must reasonably choose to purchase aircraft or lease aircraft based on their own financial capabilities, whether it is a financial lease or an operating lease, and use loans or financing to raise funds in order to reduce the aircraft’s depreciation and interest costs.