Lease Rates
Lease rates refer to the cost of leasing an aircraft for a specific period of time. These rates are determined by various factors such as the type of aircraft, its age, condition, and market demand. Lease rates can be calculated on a monthly or yearly basis and are typically negotiated between the lessor (the owner of the aircraft) and the lessee (the party leasing the aircraft). Lease rates can also vary depending on the type of lease agreement, such as a dry lease (where the lessee provides their own crew, maintenance, and insurance) or a wet lease (where the lessor provides these services). Lease rates are an important consideration for airlines and other operators who may choose to lease aircraft instead of purchasing them outright.
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