Chapter 643 Leasing Business

"So you bought three more planes?"

Countess Bute looked at Barron in surprise and asked.

"Actually, there are five..."

Seeing the puzzled expression on the other side, Barron said calmly:

"What can be delivered within a few months is three, two Gulfstream G550s and one Boeing 737-900ER..."

Yes, because the price is indeed very suitable, and Barron doesn't care about "such a small amount" of money now, so he directly ordered five aircraft.

As he said, there are three existing orders, including two Gulfstream G550s. One will be turned into a simple "sky apartment" for Barron, while the other will be used as a passenger plane for his travels. personnel ride.

As for the other Boeing 737-900ER, this is the latest model of the Boeing 737 series. It was just delivered for the first time in 2005. This aircraft has not yet undergone interior decoration and will be directly transformed into a cargo aircraft. And for Barron’s After modification, the fleet can be driven directly into this aircraft, and it can also load a lot of luggage and cargo.

Relatively speaking, the Gulfstream G550 has the best airworthiness. Its take-off and landing conditions only require a 1,800-meter runway, and even some level 3 airports can meet this condition.

The conditions required for the Boeing 737-900ER are slightly higher. The take-off and landing runway distance needs to be at least 2,600 meters, and an airport above 4C is required to take off and land - but generally speaking, the cities that Barron will go to, at least There should also be a 4C airport, or a 4C airport within 3 hours of driving by car...

This is already more convenient than the Devonshire, a large aircraft like the Boeing 747-400ER - after all, the runway length required by the Boeing 747-400ER must be at least 3,000 meters, and the width and width of the runway are very important. There are strict requirements on thickness, because Devonshire has undergone internal modifications and requires higher conditions than ordinary 747-400ER passenger aircraft. It basically requires the highest level 4E airport to meet its take-off and landing requirements.

In the current China, only airports in first-tier cities such as Shanghai and Yanjing can meet the requirements for the Devonshire to take off and land... This greatly limits the use of this aircraft, just like before. Whether he goes to China or North America, when taking the Devonshire, he needs to land at Airport 4E first, and then take a fleet or change aircraft models before going to other places.

Of course, in terms of comfort on long-distance flights, the Devonshire is unmatched by other medium-sized aircraft.

The other two of the five planes Barron said he ordered...

In fact, it is a reservation. Both aircraft are Gulfstream's G650, which can reach a speed of almost Mach 1 (one time the speed of sound) and is claimed to be the fastest business aircraft in the world.

However, this aircraft is still under development and is not expected to begin test flights until the second half of next year.

As for delivery...it won't be until 2012 anyway.

However, as the first person to order this aircraft, and must have ordered two of them... Gulfstream gave Barron a relatively large discount.

After all, this aircraft has not yet been completed and has not started test flights. If you order it now, the other party will be Barron, a super-rich among the super-rich. He has an unparalleled reputation in the world. Gulfstream's huge discount will not amount to much. With some "advertising fee" meaning.

Anyway, Barron knows that this aircraft was very popular in his previous life. There are countless well-known wealthy people who have purchased this "world's fastest business jet".

Therefore, he doesn't mind ordering them in advance. Anyway, I'm afraid that his two G550s will have to "retreat to the second line" by then.

And now it’s not just Barron, including his wife Bonnie and Ivanta, Tamaran and Beatrice, who often require private jets to travel long distances.

Just like the Gulfstream G450 he first purchased, it is almost always used by Fan Bingbing - she now often needs to travel back and forth between China and North America.

In addition, some of Barron's industry leaders often need business jets to facilitate business trips - after all, time and efficiency mean money. Before this, these people needed to charter flights or rent business jets. After Barron owns more private jets, of course some of them can be convenient for these people to use.

Barron even thought about whether he could directly buy an aircraft leasing company and help himself manage these private jets...

It seems that there is a large aircraft leasing company under the American International Group.

"Yes, Your Highness the Duke, the aircraft leasing business of American International Group is called International Lease Finance Company. It currently owns or manages more than 1,000 aircraft and has orders for more than 200 aircraft, with a value of approximately US$5.5 billion. It is The world’s second largest aircraft leasing company…”

The next day, Zhang Junning had already handed over the information of International Leasing Finance Company, an aircraft leasing company under American International, to Barron.

In fact, according to the data, due to the huge losses suffered in the subprime mortgage crisis and the fact that the aircraft leasing business is not the main business of American International Group, AIG has always hoped to sell this business in order to obtain In addition to part of the funds, we will return to our "old business" - the insurance industry as soon as possible.

After all, the liquidity and credit status brought by the sale of International Lease Finance will enable AIG to focus more on its core business.

It is worth mentioning that China is the largest single market for International Lease Finance. Currently, the company has a total of 180 aircraft in China, accounting for 35% of the market share in China.

At present, China's domestic aircraft leasing is mainly monopolized by foreign capital. The reason is that according to regulations, the purchase of aircraft by domestic airlines in China will mainly be purchased by the state, and most of its domestic leasing companies do not have the right to purchase freely.

Therefore, when these aircraft leasing companies purchase aircraft overseas, they are mostly served by overseas aircraft leasing companies.

The reason why Barron is interested in aircraft leasing companies is not just because he needs such companies to manage many of his future private aircraft - if that's the case, there is no need to pay attention to the "giant" with a market value of US$5.5 billion like International Lease Finance, and just find a small aircraft leasing company to buy it.

It is mainly because Barron knows that the aircraft leasing business still has great development potential in the future, especially in the Asian market including China, where its business growth rate is very impressive.

It just so happens that the International Leasing Finance Company occupies a considerable share in the Asian market, including Huaxia.

And another point is that the aircraft leasing business is also an important part of Barron's layout in the future...

Anyway, his Friendship Insurance Group is now negotiating with AIG on the acquisition of AIA. If the International Leasing Finance Company is included in the package acquisition, it may be possible to get a good price...

Thinking of this, Barron ordered Zhang Junning:

"Send the information of the International Leasing Finance Company to Finn Hudson..."

The Global Industrial Investment Fund (GII Fund) will soon receive a $10 billion investment from the Middle Eastern tycoons. It is more appropriate to use this fund to acquire the International Leasing Finance Company.

"Yes, Your Highness."