Yeah, and these things cost a ton of money - around 200 million $ for your average Airbus A320. If you now ask yourself, hey how are airlines making money, the answer is: they aren't, the money all comes from frequent flyer programs [1] - it's gotten so ridiculous that the value of many airlines has shrunk to less than their FFP programs are worth and they are loss leaders [2]!
Barely any airline actually has physical or real estate assets any more in their own name. It's all leased, rented or otherwise not on their books anymore, which was contributing to how badly airlines were losing money during COVID.
