Lessor


In aviation, a lessor is a company or individual who owns an aircraft and leases it to an airline or other operator. The lessor is responsible for the maintenance and insurance of the aircraft, while the lessee is responsible for the operation of the aircraft, including crewing, fuel, and other operating expenses. Leasing an aircraft can be an attractive option for airlines, as it allows them to acquire aircraft without the large capital outlay required for purchasing them outright. Additionally, leasing can provide flexibility in fleet management, allowing airlines to adjust their capacity to meet changing demand. Lessor agreements can be structured in a variety of ways, including dry leases, wet leases, and ACMI leases.


Your Previous Searches
Random Picks

  • Registration Number: A unique combination of letters and numbers assigned to an aircraft by the national aviation authority of the country in which it is registered. The registration number is displayed prominently on the aircraft and is used for identification ... Read More >>
  • Vapor Detection: Vapor detection is the process of identifying and measuring the concentration of gases or vapors in the air. In aviation, vapor detection is used to detect and identify hazardous gases or vapors that may be present in the cabin or fuel tank ... Read More >>
  • Baggage Charges: Baggage charges refer to the fees that airlines charge passengers for carrying their luggage on a flight. These charges can vary depending on the airline, the weight and size of the luggage, and the destination. Baggage charges are a signif ... Read More >>
Top News

Affordable travel is to blame for Europe’s overtourism problem, spoiling its m...

Mass tourism isn't a new phenomenon, but it’s reached a tipping point in Europe where locals are increasingly bearing the brunt of it....

News Source: Fortune on 2024-07-20

7/19: CBS Evening News...

Historic IT outage causes travel chaos, leaves airlines reeling; 10 years on, unique Nashville friendship built around a weekly high five endures...

News Source: CBS News on 2024-07-20

American Airlines has a contract deal with flight attendants, and President Bide...

American Airlines and the union representing its flight attendants have a deal on a new contract...

News Source: ABC News on 2024-07-19

Historic IT outage causes travel chaos, leaves airlines reeling...

A software meltdown caused one of the largest tech outages in modern history, grounding thousands of flights worldwide Friday, stranding travelers and leaving airlines scrambling for answers. Kris Van...

News Source: CBS News on 2024-07-19

Day of chaos: How CrowdStrike outage disrupted 911 dispatches, hospitals, flight...

As the day unfolded hour by hour, tech issues disrupted everything from travel to emergency services and medical appointments for Americans....

News Source: USA Today on 2024-07-19