Aircraft Acquisition MCQs December 4, 2025August 26, 2024 by u930973931_answers 20 min Score: 0 Attempted: 0/20 Subscribe 1. What is the primary consideration when acquiring a new aircraft for a commercial airline? (A) Aircraft color (B) Fuel efficiency (C) Aircraft design (D) Passenger comfort 2. Which of the following factors is crucial when evaluating aircraft performance? (A) Aircraft model number (B) Cargo capacity (C) Interior layout (D) Engine type 3. What is a common method for financing aircraft acquisitions? (A) Equity financing (B) Debt financing (C) All of the above (D) Leasing 4. What is the term for the financial arrangement where an airline pays for the aircraft over time while using it? (A) Loan (B) Purchase (C) Lease (D) Sale and leaseback 5. Which factor impacts the operating cost of an aircraft? (A) Aircraft color (B) Aircraft brand (C) Aircraft age (D) Aircraft paint design 6. What is the purpose of a “due diligence” process in aircraft acquisition? (A) To assess the aircraft’s market value (B) To negotiate purchase price (C) To ensure that the aircraft is in compliance with regulations and in good condition (D) To arrange financing 7. When considering aircraft acquisition, what does “airworthiness” refer to? (A) The aircraft’s compliance with safety standards and regulations (B) The aircraft’s ability to fly in all weather conditions (C) The aircraft’s interior comfort (D) The aircraft’s fuel efficiency 8. What type of aircraft is typically used for short-haul flights? (A) Wide-body aircraft (B) Regional jet (C) Cargo aircraft (D) Business jet 9. What is the term for purchasing an aircraft from a previous owner and then leasing it back to them? (A) Sale and leaseback (B) Operating lease (C) Finance lease (D) Wet lease 10. What does “wet lease” refer to in aircraft leasing? (A) A lease where only the aircraft is provided without any additional services (B) A lease where the lessee operates the aircraft with their own crew (C) A lease where the lessor provides the aircraft along with crew, maintenance, and insurance (D) A lease that includes only the aircraft and maintenance 11. What is the primary advantage of purchasing a new aircraft over a used one? (A) Lower purchase price (B) Immediate delivery (C) More predictable maintenance costs and modern technology (D) More flexible financing options 12. Which regulatory body is responsible for aircraft certification in the United States? (A) EASA (B) ICAO (C) FAA (D) IATA 13. What is “operational flexibility” in the context of aircraft acquisition? (A) The ability to operate the aircraft in different weather conditions (B) The ease of maintaining the aircraft (C) The ability to use the aircraft for various types of missions and routes (D) The aircraft’s interior customization options 14. What is “acquisition cost” in aircraft procurement? (A) The cost of training pilots to operate the aircraft (B) The cost of maintaining the aircraft over its lifetime (C) The total cost of acquiring the aircraft, including purchase price, taxes, and fees (D) The cost of upgrading the aircraft’s interior 15. Which factor should be considered when assessing the financial viability of acquiring an aircraft? (A) The color of the aircraft (B) The aircraft’s resale value (C) The aircraft’s manufacturer (D) The aircraft’s cabin configuration 16. What is “aircraft utilization” in the context of acquisition? (A) The range of the aircraft (B) The frequency with which the aircraft is flown (C) The aircraft’s seating capacity (D) The aircraft’s maintenance requirements 17. What is a “performance guarantee” in aircraft acquisition? (A) A guarantee of the aircraft’s availability for lease (B) A guarantee of the aircraft’s resale value (C) A guarantee that the aircraft will meet certain performance specifications (D) A guarantee of the aircraft’s paint quality 18. What does “end-of-lease” condition refer to? (A) The condition of the aircraft at the beginning of the lease (B) The state of the aircraft when the lease term ends, including maintenance and modifications (C) The aircraft’s market value (D) The aircraft’s fuel efficiency 19. What is a “buyback agreement” in aircraft acquisition? (A) An agreement to lease the aircraft from the manufacturer (B) An agreement where the seller agrees to repurchase the aircraft after a certain period (C) An agreement to sell the aircraft at a future date (D) An agreement to provide maintenance services 20. What is the role of an aircraft broker in the acquisition process? (A) To finance the aircraft purchase (B) To provide maintenance services (C) To train pilots (D) To facilitate the buying and selling of aircraft