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

Safety Culture Survey: A Safety culture survey is a tool used to assess the safety culture of an organization. It is a questionnaire that is designed to measure the attitudes, beliefs, perceptions, and values of employees towards safety in the workplace. The surv ... Read More >>
Lift Coefficient: Lift coefficient is a dimensionless number that relates the lift generated by an airfoil to the dynamic pressure of the fluid flow around the airfoil. It is a measure of the efficiency of an airfoil in generating lift. The lift coefficient ... Read More >>
Cracking: Cracking is a process in which complex hydrocarbon molecules are broken down into simpler molecules by the application of heat and pressure. In aviation, cracking is used to produce aviation fuels such as gasoline, kerosene, and diesel fuel ... Read More >>

Lessee

Your Previous Searches

Random Picks

Top News

Nico Harrison could really use a Mavericks win in the play-in tournament...

Stocks tumble after Fed Chair Powell warns of higher inflation from tariffs...

United Airlines flight sees engine fire after takeoff due to apparent rabbit str...

WATCH: How a 'book brigade' of 300 residents moved 9,100 books to a new storefro...

What smart people are saying about Meta's argument that it's not a social media ...