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Uzbekistan airlines to buy aircraft on lease

Business Materials 24 June 2019 18:35 (UTC +04:00)

Baku, Azerbaijan, June 24

By Fakhri Vakilov- Trend:

The national air carrier Uzbekistan Airways will change the strategy for acquiring aircrafts, Trend reports via Uzbek media.

“Our policy towards acquiring aircraft has changed. We will no longer buy them, we will use leasing instead. Practice and global experience has shown that leasing is much more profitable and more efficient. We are going add airplanes like Bombardier or Embraer, which will transport from 70 to 90 people, to local lines,” first deputy transport minister of Uzbekistan Ilkhom Makhkamov said during a press conference in Tashkent.

He noted that such small aircraft have higher transportation efficiency and lower cost. As a result, large vessels will be used only in international routes and at long distances.

“We are working to replace the park. However, it is important to understand that we also need to change the management in the aviation industry. For example, such reforms were carried out in Kazakhstan 15 years ago. They are already far ahead in managing the aviation structure,” he said.

According to the Ministry of Transport, the national airlines will purchase two planes each year, bringing the total fleet of aircraft to 38 by 2025.

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