Analysis of financial implications due to the absence of indigenous aircraft leasing enterprise in Turkey

Purpose-To determine the volume of outflows of foreign exchange due to aircraft leases of the Turkish airline companies and to examine the necessity of an indigenous company to prevent this outflow.Methodology-Collecting data on current aircraft fleets of operating Turkish airline companies, classifying those airplanes by Type/ Model/Determination of lease rates of the similar aircraft from aircraft lease finance market sources (Data Collection).Verification of data on lease rates on a selected mathematical model.Findings-Estimation of annual volume of economics and outflows of foreign exchange due to aircraft leases of Turkish airline companies.Conclusion-indigenous aircraft leasing enterprise in Turkey would avoid the flow of finance annually of around $ 2,555,272,000 to out of country economies and would be one of major Lessor's in the top ten ranking which would provide lease services in the region and obtain additional income to Turkish Economy.