Sat, Jul 12, 2003
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.
Also: AirVenture Update, Barnstorming Opines On Media Aero-Reporting, NTSB Update, ERAU Scholarships, Doolittle Raiders, Tecnam P2010 The loss of Germanwings Flight 9525 due to wha>[...]
"Rover challenge puts students in the driver's seat of real-world engineering. Students perform research with computer-aided designs, select and fabricate components using mechanic>[...]
Comet A ball of rock and ice, often referred to as a “dirty snowball.” Typically a few kilometers in diameter, comets orbit the Sun in paths that either allow them to p>[...]
Aero Linx: New Jersey Aviation Association NJAA was formed in 2000 to promote, protect and preserve the state's multi billion dollar general aviation industry. Its membership inclu>[...]
NASA Goddard Releases Open Source Application Suite The Innovative Technology Partnerships Office at NASA's Goddard Space Flight Center in Greenbelt, Maryland, announced the releas>[...]