Is the aircraft leasing industry on the way to a perfect storm? Finding answers through a literature review and a discussion of challenges

Wandelt, Sebastian; Sun, Xiaoqian; Zhang, Anming

doi:10.1016/j.jairtraman.2023.102426

Cited by 10 publications

(4 citation statements)

References 40 publications

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“…The capital cost of factory-produced micro-reactors would be substantially lower thus reducing these risks which would be largely transferred to the investment in the factory. The MORR approach could be deployed through leasing of micro-power units to electricity generators which would provide a stable income stream for the factory and a low threshold to access generating capacity, in a similar manner to that used in the aerospace industry [ 38 , 39 ]. The lower capital costs and immediate availability of micro-power units would make them financially more competitive with wind and solar energy while maintaining the advantage of providing power continuously regardless of weather conditions.…”

Section: Economic Socio-political and Technical Implicationsmentioning

confidence: 99%

The commoditization of civil nuclear power

Patterson,

Taylor

2024

R. Soc. Open Sci.

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The commoditization of nuclear power through the factory production of sealed micro-power units within a digitally enabled holistic assurance framework is described. This would revolutionize nuclear power-plant design, construction, operation and decommissioning through a paradigm shift to manufacture–operate–remove–recycle (MORR). The potential impact of recent research on an integrated nuclear digital environment for large bespoke nuclear power plants and the design, build and operation of fusion power plants using such a digital environment is explored. These strands are interwoven to discuss the technical, economic and socio-political implications of MORR in the context of micro-reactors and to consider the potential evolution of safeguarding issues based on a digital assurance framework that leads to type approvals. Commoditization of nuclear power would lower costs in line with offshore wind and the output from a single production line in a factory could replace a third of current fossil fuel-based electricity generation in the UK over a 15-year period, making a significant contribution to achieving zero greenhouse gas emissions. The challenges associated with the changes in culture, both in the nuclear industry and in society, as well as the technology gaps, that need to be addressed in realizing this paradigm shift are identified and discussed.

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Section: Economic Socio-political and Technical Implicationsmentioning

confidence: 99%

The commoditization of civil nuclear power

Patterson,

Taylor

2024

R. Soc. Open Sci.

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“…According to Wandelt et al (2023), many different types of leasing contracts have the possibility of being broken, which can result in legal problems and court actions.…”

Section: State Intervention In Leasing Agreements: Ensuring Legal Cla...mentioning

confidence: 99%

“…Contracts for leasing, just like any other kind of contract, have the potential to be broken. According to Wandelt et al (2023), legal disagreements and even court proceedings are possible outcomes that can arise when one party to an agreement fails to complete its commitments by the terms of the agreement.…”

Section: State Intervention In Leasing Agreements: Ensuring Legal Cla...mentioning

confidence: 99%

“…Leasing is typically used in the United States and several other developed countries for the acquisition of agricultural land (Wandelt et al, 2023), minerals and timber rights, office buildings (Titman & Twite, 2013), shopping centres, industrial and commercial equipment such as ships (Wu & Lin, 2015), aeroplanes (Wandelt et al, 2023), agricultural machinery and computers, residential properties such as freestanding houses and apartments, automobiles and other motorcycles vehicles, and furniture, and Although . Unlocking Opportunities: Tourism Ship Financing Through Leasing Agreements for Micro, Small, and Medium Businesses in Indonesia there is a lack of complete statistics on leasing, there is a very high frequency of leasing being employed, both in the United States and in other developed countries (Merrill, 2021).…”

Section: Introductionmentioning

confidence: 99%

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Unlocking Opportunities: Tourism Ship Financing Through Leasing Agreements for Micro, Small, and Medium Businesses in Indonesia

Badriyah,

Suharto,

Saraswati

et al. 2023

J. of Law and Sust. Develop.

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Objective: This research explores the prospects of leasing agreements as a financing solution for tourist boats for MSMEs, considering the vast potential of marine tourism in Indonesia. Despite the potential benefits of leasing agreements, no specific regulations govern them, resulting in deviations from leasing principles and limited understanding among stakeholders. Methods: The study adopts the triangle legal pluralism approach and focuses on the Special Capital District of Jakarta and Labuan Bajo as significant marine and tourism industry hubs. Primary data collection includes interviews, observations, and secondary data from legal documents and literature. The analysis employs deductive and inductive logic and triangulation for validation. Result: According to this study, leasing agreements can help Indonesian tourism MSMEs finance tourist boats. Indonesia's maritime tourist business has great potential due to its archipelago and natural resources. However, MSMEs need help to acquire capital to ensure tourist boat growth, impacting tourism services and experiences. The following suggestions aim to unlock potential and promote sustainable tourism growth: Include Rental Contract Laws: Due to the industry's lack of rules, leasing agreements vary and cause disputes. Implementing lease agreement guidelines will provide legal certainty, protect lessors and lessees, and ensure fair and transparent business practices; Because many need help understanding, outreach, and education must increase. Leasing Agreements must broaden and organize outreach to educate MSMEs, business actors, and the public about leasing's benefits and processes. Suggestions: Ultimately, this research aims to provide valuable insights for policymakers, businesses, and academics to promote tourism ship financing through leasing agreements to grow the Indonesian tourism industry.

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