The perils of leasing jet fighters
KINIBIZ Leasing commercial airlines, yes, but fighter jets? Tiger scratches his head in puzzlement. Commercial aircraft are much safer for one. What happens when a fighter crashes? What happens when there is war? Will anyone even insure it? How does a lease operate without insurance? The mind boggles!
Tiger looks up at the sky in annoyance, and growls in frustration. He doesn’t understand what the deal is with those loud birds in the air, screeching their death knells and belching their black smoke.
What’s more, Tiger heard, from the rumbles in the jungle, that the Malaysian government is looking to get more of them! But this is where Tiger smells something fishy (not the delectable kind, however much Tiger wished it was).
Here’s the fish: Malaysia’s plan on having more of these death traps flying in the air is to lease them from their manufacturers, and this immediately caused Tiger to perk up his ears in surprise. From what Tiger knows, leasing fighter jets is a rare occurrence in the international defence circuit, and it raises many questions about the state of Malaysia’s economy.
For the complete article go to KiniBiz .
This article was written by Xavier Kong.


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