Lease

Lease refers to the contractual agreement between the owner of an aircraft (lessor) and the user of the aircraft (lessee) for a specified period of time. The lessee pays the lessor for the use of the aircraft, and the lessor retains ownership of the aircraft. The terms of the lease agreement include the duration of the lease, the payment terms, the permitted use of the aircraft, and the maintenance responsibilities of the lessor and lessee. Leasing an aircraft can be a cost-effective alternative to purchasing an aircraft, especially for short-term or seasonal needs. It also allows the lessee to avoid the costs and responsibilities of aircraft ownership, such as maintenance, insurance, and storage.

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Airspeed: Airspeed is the speed of an aircraft relative to the air around it. It is measured using an airspeed indicator and is typically expressed in knots. There are several different types of airspeed, including indicated airspeed (IAS), calibrate ... Read More >>
Regional Airline: A regional airline is a carrier that operates smaller aircraft on shorter routes, usually feeding larger airlines' hubs. Regional airlines are often contracted by major airlines to operate flights on their behalf under a code-sharing agreem ... Read More >>
Maintenance Work: Maintenance work in aviation refers to the regular inspections, repairs, and servicing of aircraft, engines, and components to ensure their safe and efficient operation. This includes scheduled maintenance tasks such as oil changes, tire re ... Read More >>

Lease

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