New USAF Tankers: Buy Or Lease | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

** Airborne 09.29.14 ** HD iPad-Friendly -- Airborne 09.29.14**
** Airborne 09.26.14 ** HD iPad-Friendly -- Airborne 09.26.14 **
** Airborne 09.24.14 ** HD iPad-Friendly -- Airborne 09.24.14 **

Sat, Jul 12, 2003

New USAF Tankers: Buy Or Lease

Air Force Makes Recommendation To Congress

It's a classic decision that almost all of us face, whether shopping for a car, a truck or an airplane. Should I buy or lease? In discussions on whether to purchase or lease about 100 specially-fitted Boeing 767, the Air Force lands on the side of making a purchase. It is, according to a USAF report to Congress, worth the extra $100 million, because the purchased aircraft can be delivered faster.

Fast Is Good

Faster is just what the Air Force says it needs in replacing its fleet of 544 KC-135 tankers, the bulk of an aging tanker fleet that the brass says is almost too old to safely service. The price difference may sound like a lot of money (well, it is to us mere mortals), but overall, it's a relative drop in the bucket. The Pentagon estimates buying the 100 tankers would cost $17.2 billion, while leasing them would cost $17.1 billion. The difference is less than one percent.

But, of course, that's just one cost model. Other assumptions indicate cost of leasing the planes higher than purchasing them outright. The difference could be almost $2 billion. Now, we're talking serious money.

The Air Force recommendation calls for delivery of the first specially-modified 767 in 2009, with the last of the 100 aircraft to be in USAF inventory by 2016.

FMI: www.af.mil

Advertisement

More News

AeroSports Update: 38th World Military Parachuting Championship

Countries From Around The World Participated In The 38th World Military Parachuting Championship Competition In Indonesia The competition is part of a program administered through >[...]

ANN's Daily Aero-Linx (10.01.14)

NBAA/CAN Soiree One of the much-anticipated events of the NBAA conference, being held this year in Orlando.>[...]

ANN's Daily Aero-Term (10.01.14): Fixed Slot

A fixed, nozzle shaped opening near the leading edge of a wing that ducts air onto the top surface of the wing.>[...]

Aero-News: Quote Of The Day (10.01.14)

“SNC is offering access to crewed or uncrewed space missions." Source: John Roth, vice president of business development for SNC’s Space Systems.>[...]

ANN FAQ: Feel The Propwash!

Get Aero-News Delivered To Your E-Mail We know you, like many of our readers, make it a point to check out the latest news and information daily on Aero-News... but did you know th>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2014 Web Development & Design by Pauli Systems, LC