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Published at Saturday, March 23rd, 2019 - 12:18:50 PM. Type of airline. By Amalasand Horn.

Airline financing is quite complex since airlines are highly leveraged operations. Not only must they purchase (or lease) new airliner bodies and engines regularly they must make major long-term fleet decisions with the goal of meeting the demands of their markets while producing a fleet that is relatively economical to operate and maintain; comparably Southwest Airlines and their reliance on a single airplane type (the Boeing 737 and derivatives) with the now defunct Eastern Air Lines which operated 17 different aircraft types each with varying pilot engine maintenance and support needs.

In the context of climate change and peak oil there is a debate about possible taxation of air travel and the inclusion of aviation in an emissions trading scheme with a view to ensuring that the total external costs of aviation are taken into account.



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