Maintenance and pilot training for the aircraft

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An airline company that has primarily been leasing aircraft from aircraft manufacturers is planning to shift to an owner-operator model, i.e., buy aircraft (instead of leasing them) and operate the purchased aircraft. What type of change is this? 

Assume: Owning aircraft holds the potential to increase the profits of the company by 10% and also enable it to open new routes. The transition to an owning model for aircraft just requires the company to sign a different contract agreement with the aircraft manufacturer. Maintenance and pilot training for the aircraft remain the same.

Reference no: EM133181773

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