Leasing
Leasing is a process of obtaining an aircraft for a certain period of time from a lessor (owner) by a lessee (airline). The lessee pays a fixed amount of money to the lessor for the use of the aircraft. Leasing is a popular option for airlines to expand their fleet without having to purchase new aircraft. There are two main types of leasing: operating lease and finance lease. In an operating lease, the lessor retains ownership of the aircraft and the lessee pays for its use. In a finance lease, the lessee has the option to purchase the aircraft at the end of the lease term. Leasing provides flexibility to airlines as they can choose the type of aircraft and the lease term according to their needs.
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