Lease Payments


Lease payments refer to the periodic payments made by a lessee to a lessor for the use of an aircraft. These payments are typically made monthly and are based on the terms of the lease agreement, which may include factors such as the length of the lease, the type of aircraft, and the condition of the aircraft. Lease payments may include a base rent amount as well as additional fees for maintenance, insurance, and other expenses. In some cases, lease payments may also include a portion of the aircraft's residual value at the end of the lease term.


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