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- W589517811 abstract "The introduction of competition in the European railway industry has led to an increase in train leasing. The differences between financial and operating leases are outlined. Providers of operating leases tend to be specialised companies. There are four types of lessors: rolling stock leasing companies (Roscos), freight wagon owners, equipment manufacturers, and companies that have gained their experience in other markets such as the USA. The reasons for contracting operating leases include the development of time-limited franchises and situations where demand is hard to estimate. Private wagon providers control approximately 40% of the European wagon fleet and control the higher-value assets such as tank wagons for chemical and petroleum products. The competition between traditional carriers and lessors is considered." @default.
- W589517811 created "2016-06-24" @default.
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- W589517811 date "2003-05-01" @default.
- W589517811 modified "2023-09-28" @default.
- W589517811 title "EQUIPMENT LEASING EXPANDS IN EUROPE" @default.
- W589517811 hasPublicationYear "2003" @default.
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