Airline Mogul => General Chat => Topic started by: Armygrognard on October 20, 2007, 10:50:15 am
Title: Leasing Prices
Post by: Armygrognard on October 20, 2007, 10:50:15 am
First of all, nothing I am talking about is illegal. It is capitalism at it's best.
For those of you leasing these aircraft at outrageous prices: What are you thinking??? Are you even making a profit? 1.5 million for a DC3???
For those of you leasing them out for those outrageous sums: More power to you for as long as the market will bear it. I can't believe people are that desperate to pay that much.
Y'all are CRAZY!!!!!!!!!!!!!!!!!!!!! :roll: :roll: :roll:
Title: Re: Leasing Prices
Post by: Jps on October 20, 2007, 12:22:03 pm
Quote from: "Armygrognard"
First of all, nothing I am talking about is illegal. It is capitalism at it's best.
For those of you leasing these aircraft at outrageous prices: What are you thinking??? Are you even making a profit? 1.5 million for a DC3???
For those of you leasing them out for those outrageous sums: More power to you for as long as the market will bear it. I can't believe people are that desperate to pay that much.
Y'all are CRAZY!!!!!!!!!!!!!!!!!!!!! :roll: :roll: :roll:
:D . 1.5m for a DC-3 still earning profit.. i can get 200.000 an hour with one DC-3.. it's possible
Title: Leasing Prices
Post by: Travel Norway Airlines on October 20, 2007, 12:32:46 pm
The leasing rate. Is the price per AM-Month our for total for the whole leasing period?
Title: Leasing Prices
Post by: Jps on October 20, 2007, 12:42:50 pm
No..
200.000 (a day game time) X 24 days game time = 4.8m -1.5m = 3.3m profit
Title: Leasing Prices
Post by: Travel Norway Airlines on October 20, 2007, 12:43:35 pm
Quote from: "Travel Norway Airlines"
The leasing rate. Is the price per AM-Month our for total for the whole leasing period?
Dont forget my question :D
Title: Leasing Prices
Post by: Pacific on October 20, 2007, 12:44:14 pm
Lease rates are per month.
Title: Leasing Prices
Post by: Travel Norway Airlines on October 20, 2007, 12:49:50 pm
Ok..Thank you so much.
Title: Leasing Prices
Post by: Air Tycho on October 20, 2007, 01:04:12 pm
I agree: current leasing prices are on the high side. Over time, they'll probably decrease if more planes are put on the leasing market.
Title: Leasing Prices
Post by: CornField on October 20, 2007, 02:20:48 pm
When I lease out my aircraft, my prices are set by a schedule. I want my aircraft paid back after X number of game months.
If an aircraft costs more I need to charge more to achieve that schedule. But that being said, I usually have no aircraft sitting on the lease market. They are leased out very quickly.....
Title: Leasing Prices
Post by: Armygrognard on October 20, 2007, 04:59:05 pm
Whatever the market will bear. I have a lower tolerance on prices and it it exceeds that, I'll just buy. Show me a lease in what I consider the sweet spot and I will jump on it. (Thanks Hampo!)
Title: Leasing Prices
Post by: ALFC on October 20, 2007, 05:04:30 pm
the lease offers will be improved once its possible to automatically return leased planes back to the lease offers, sicne then it will be viable and not just click competition for people with money to offer leases on mass planes, hence increasing availability
Title: Leasing Prices
Post by: LOT 737-300 on October 20, 2007, 06:45:07 pm
With where my airline is based, I can't really lease a plane at this stage since it would leave me with very little cash, unless those planes were being leased at less than 150K per month. So I buy all my planes. So far, it's working for me, even though it is at a slower pace than those based out of the FRAs and JFKs of the world.
Title: Leasing Prices
Post by: Norfolk International Air on October 21, 2007, 02:43:30 am
If mugs want to pay the price....................................
:lol:
Title: Leasing Prices
Post by: Max2147 on October 21, 2007, 03:06:54 am
The market is already settling down. Lease rates for Aircruisers and DC-3's are starting to become reasonable. All the airlines who were willing to take those stupidly high rates must have gone broke. :lol:
Title: Leasing Prices
Post by: Armygrognard on October 21, 2007, 10:54:51 am
Quote from: "Max2147"
The market is already settling down. Lease rates for Aircruisers and DC-3's are starting to become reasonable. All the airlines who were willing to take those stupidly high rates must have gone broke. :lol:
:D
Ah, capitalism! I have 7 DC-3's from HAMPO at EUR 500,000 a month. That's about as much as I'm willing to pay at this stage. Sad part is, I'd gotten some 737-300ERs for that amount, last age.
Title: Leasing Prices
Post by: Air Tycho on October 21, 2007, 11:11:13 am
500.000 for 737-300's? That's really cheap!
And is HAMPO really offering DC-3's for 500.000 right now? I haven't seen prices dip under the 1 mil mark!
Title: Leasing Prices
Post by: Daemonfly on October 21, 2007, 11:16:35 am
Yeah, all these people leasing out a plane at half it's cost aren't gonna get any business from me. Why should I lease a plane that would cost me it's full price after only 2 months? I'll just buy a new one.
Title: Leasing Prices
Post by: Armygrognard on October 21, 2007, 01:21:40 pm
Quote from: "Air Tycho"
500.000 for 737-300's? That's really cheap!
And is HAMPO really offering DC-3's for 500.000 right now? I haven't seen prices dip under the 1 mil mark!
In the last age, 1-1.5 million was the norm, but every now and then...
As for now, I don't know if he has anymore. I saw them and grabbed them. I don't see much point in paying more than that. 8)
Title: Leasing Prices
Post by: CornField on October 21, 2007, 01:43:39 pm
500k is what I have my DC-3's at. They don't stay on the market long at that price. I had about 75 MD-87's at 1 mil last round and they stayed pretty much leased out.
Title: Leasing Prices
Post by: Hampo on October 21, 2007, 02:07:02 pm
it's my duty as an official broker to offer cheap aircraft :shock: :D
Title: Leasing Prices
Post by: Air Tycho on October 21, 2007, 02:09:46 pm
Go HAMPO! Any chance you'll be offering some cheap Martin 202's or Avro Tudor's soon? :D
Title: Leasing Prices
Post by: Jps on October 21, 2007, 02:10:18 pm
I see dktc's prices at 800.000 :shock:
Title: Leasing Prices
Post by: dktc on October 21, 2007, 02:13:01 pm
Quote from: "Jps"
I see dktc's prices at 800.000 :shock:
Still roughly 25~30% below market price, and your rate is half the cost of the planes :wink:
Title: Leasing Prices
Post by: Jps on October 21, 2007, 02:14:21 pm
Quote from: "dktc"
Quote from: "Jps"
I see dktc's prices at 800.000 :shock:
Still roughly 25~30% below market price, and your rate is half the cost of the planes :wink:
:lol: ..that's for open market.. i only offer the 500.000-1.000.000 to my customers..
Title: Leasing Prices
Post by: stimpy on October 21, 2007, 04:18:55 pm
and what's the point of leasing a plane for 3 months :?
a lease should have a minimum commitment of 1 year and a fine for breaking it
Title: Leasing Prices
Post by: fatcow123 on October 21, 2007, 04:44:47 pm
1.5M for a DC-3 is ok i think. If the leasing in companies are having large profit, why dont leasing out companies make that profit by putting planes on routes?
Title: Leasing Prices
Post by: Jps on October 21, 2007, 04:46:14 pm
Quote from: "fatcow123"
1.5M for a DC-3 is ok i think. If the leasing in companies are having large profit, why dont leasing out companies make that profit by putting planes on routes?
because they are too lazy to manage the routes every day changing the prices to fit competition.
Title: Leasing Prices
Post by: CornField on October 21, 2007, 04:54:56 pm
Quote from: "Jps"
Quote from: "fatcow123"
1.5M for a DC-3 is ok i think. If the leasing in companies are having large profit, why dont leasing out companies make that profit by putting planes on routes?
because they are too lazy to manage the routes every day changing the prices to fit competition.
I made approximately 300mil euro a month last round leasing. So about than 12.5 mil a day DOP without having to reset my nearly 500 routes over and over again. NA was full of people who had nothing to do other than sit in front of their computers and reset routes all day,
Lazy had nothing to do with it. 12 mil a day in DOP that competition can't stop. Yeah, sure that's lazy. Any wonder why some of us were still climbing the rankings at the end of last round. I stopped ordering aircraft the entire last year, wasted a bunch of cash on terminals, overpaid for 50 or so aircraft to have some of the out of production ones and still had roughly 3/4's of my 50 billion plus value in cash.
Title: Leasing Prices
Post by: dktc on October 21, 2007, 05:06:11 pm
And some of us actually have the obligation to lease out planes :roll:
Title: Leasing Prices
Post by: LOT 737-300 on October 21, 2007, 05:38:48 pm
Quote from: "stimpy"
and what's the point of leasing a plane for 3 months :?
a lease should have a minimum commitment of 1 year and a fine for breaking it
For me, it fits 2 things, 1) to evaluate how well a certain plane does, and 2) to help have a plane to fill in for routes while waiting for new ones to get delievered (if the rates are decent for me). There are also pretty short leases on planes in reality too. I did read about a fine for returning a plane early being put into the game in future rounds.
Title: Leasing Prices
Post by: AirTilly on October 22, 2007, 09:51:53 pm
Rather than post a new topic, thought I would jump in on this one.
Notice on leases they have silly things like 999 months. Is their a penalty for returning early, i.e. like a %age of the remaining lease. Can't seem to work it out for myself from the manual :)
Title: Leasing Prices
Post by: LOT 737-300 on October 22, 2007, 11:00:45 pm
Quote from: "AirTilly"
Rather than post a new topic, thought I would jump in on this one.
Notice on leases they have silly things like 999 months. Is their a penalty for returning early, i.e. like a %age of the remaining lease. Can't seem to work it out for myself from the manual :)
From what I read, no, but I did read on the forum that it might be in future rounds though.
Title: Leasing Prices
Post by: CornField on October 22, 2007, 11:09:01 pm
Quote from: "AirTilly"
Rather than post a new topic, thought I would jump in on this one.
Notice on leases they have silly things like 999 months. Is their a penalty for returning early, i.e. like a %age of the remaining lease. Can't seem to work it out for myself from the manual :)
No there is no penalty for early returns.
You put 999 months in to represent an open-ended lease, where the lessee can keep the plane as long as they want to, without having a set contract period. The programmers made a lease change in the last round, so as a lessor you now have to enter an amount of months, where you didn't need to before. Look at my leases, they all have 120 months. Which would be the entire round.