Macao’s Potential to Participate in Aircraft Financial Leasing Between China and Portuguese-Speaking Countries

Abstract

This research focuses on examining the feasibility of aircraft financial leasing transactions between Macao and Portuguese-speaking countries, taking into account Macao’s growing finance sector. The objective of the study is to enhance Macao’s position as a Sino-Portuguese platform, with a particular emphasis on its role in Sino-Portuguese routes. Interviews were conducted with ten strategically chosen individuals representing key perspectives, and content analysis was performed. Based on the interview results and the analysis of resources in terms of Value, Rarity, Inimitability, and Organization (VRIO) within Macao’s context, two strategic plans were proposed. The study identifies promising prospects for the development of the aircraft financial leasing sector in Macao, leveraging key trends and the unique combination of VRIO resources and distinctive competencies available in Macao. The proposed strategic plans and their potential implementation are discussed. This study is among the first to apply resource-based theory to the aircraft financial leasing sector while integrating the VRIO framework to identify Macao’s competitive advantages in this area. Additionally, the research contributes to scholarly knowledge of the strategic visioning process. Furthermore, aircraft financial leasing has positive impacts on the tourism and hospitality industry in Macao.