Aircraft Ownership
Aircraft ownership refers to the legal possession and control of an aircraft. It involves the responsibility of maintaining the airworthiness of the aircraft, complying with regulatory requirements, and ensuring the safety of the aircraft and its occupants. Aircraft ownership can take various forms, including individual ownership, joint ownership, corporate ownership, and fractional ownership. The decision to own an aircraft involves various factors such as the frequency of use, the cost of ownership, and the availability of maintenance and support services. Aircraft owners may also choose to lease their aircraft to other operators to generate revenue.
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News Source: USA Today on 2024-11-20
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News Source: USA Today on 2024-11-20
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News Source: CBS News on 2024-11-19
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