Ownership
Ownership in aviation refers to the legal right of an individual or an organization to possess, use, and dispose of an aircraft. It involves the legal and financial responsibility for the aircraft, including its maintenance, insurance, and operation. Ownership can be either sole or shared, and can be held by individuals, corporations, partnerships, or governments. The ownership of an aircraft can also affect its registration, taxation, and liability. In some cases, ownership can be transferred through a sale, lease, or other agreement.
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