What is the airlines' standard order method for acquiring new Airbus or Boeing aircraft?

The standard method for airlines to acquire new Airbus or Boeing aircraft is through Aircraft Purchase Agreements. This type of agreement typically involves a direct purchase where the airline commits to buy a certain number of aircraft at a negotiated price. This is a common practice in the aviation industry, as it allows airlines to secure new airplanes that fit their specific operational needs, including configurations, delivery timelines, and financing options.

Aircraft Purchase Agreements often outline key details such as delivery schedules, payment terms, warranties, and responsibilities regarding maintenance and support. By entering into these agreements, airlines can effectively plan for their fleet expansion or replacement, ensuring that they have the right capacity and technology to meet market demands.

This approach contrasts with other options like leasing agreements, which involve renting aircraft rather than ownership, and are often used for flexibility in capacity management. Bid proposals and government contracts are also less common in direct acquisitions of commercial aircraft, as they may involve different procurement processes primarily associated with government entities or specific circumstances.