In April 2014, International Lease Finance Corporation (ILFC) announced a deal to purchase eight Airbus A330-200 and

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In April 2014, International Lease Finance Corporation (ILFC) announced a deal to purchase eight Airbus A330-200 and A350-900 passenger aircraft. ILFC then signed a long-term lease contract on the planes with Azul Linhas Aéreas Brasileiras to be used for flights from Brazil to the United States.

Why wouldn't Azul Linhas Aéreas Brasileiras purchase the planes if they were obviously needed for the company's operations?

Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...
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Corporate Finance

ISBN: 978-0077861759

11th edition

Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe, Bradford Jordan

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