Lessee


In aviation, a lessee is an individual or organization that leases an aircraft from the owner or lessor. The lessee is responsible for paying the lease payments, as well as any associated costs such as insurance, maintenance, and repairs. The lease agreement typically outlines the terms and conditions of the lease, including the duration of the lease, the payment schedule, and any restrictions on the use of the aircraft. The lessee may also have the option to purchase the aircraft at the end of the lease term, depending on the terms of the agreement.


Your Previous Searches
Random Picks

  • Rules: Rules in aviation refer to the set of regulations and guidelines that govern the operation of aircraft, airports, and airspace. These rules are established by national and international aviation authorities to ensure safety and efficiency i ... Read More >>
  • Shock-absorbing Strut: A shock-absorbing strut is a component of an aircraft's landing gear system that is designed to absorb the impact of landing and taxiing on rough or uneven surfaces. It consists of a piston and cylinder assembly filled with hydraulic fluid, ... Read More >>
  • Triplane: A triplane is a fixed-wing aircraft that features three sets of wings stacked vertically above each other. The triplane configuration provides increased lift and improved maneuverability, making it a popular choice for military aircraft dur ... Read More >>
Top News

Four quarterbacks Georgia could target in transfer portal...

After Georgia Bulldogs quarterback Carson Beck's injury in the SEC championship, Georgia fans experienced a Georgia offense without Beck. Gunner Stockton performed admirably in his absence. The Bulldo...

News Source: USA Today on 2024-12-11

I've flown on the Airbus jet Alaska will fly to Tokyo. It was a comfortable ride...

Airfare to Japan has decreased since 2023, and Alaska's new route will boost competition and likely further lower ticket prices to Tokyo....

News Source: Business Insider on 2024-12-10

Notre Dame’s Marcus Freeman is a finalist for a national coaching award...

You had to see this coming, with Notre Dame football reeling off 10-straight wins and making the College Football Playoff, head coach Marcus Freeman was bound to get some national recognition. Followi...

News Source: USA Today on 2024-12-10

A Southwest jet and a small plane wound up on the same runway after being cleare...

A Southwest Airlines jet and a small plane wound up on the same runway in California in October after an air traffic controller cleared both planes to land on the same runway...

News Source: ABC News on 2024-12-10

Truck drivers in Mexico block major highways to protest the government's failure...

Truck drivers have blocked some major highways in central Mexico to protest the fact the government hasn't paid them for work they did on a tourist train line...

News Source: ABC News on 2024-12-10