Aircraft Leasing

Aircraft leasing is a practice where airlines rent airplanes instead of buying them outright. This allows airlines to operate flight services without the high upfront costs of purchasing aircraft. Leasing can be short-term or long-term, giving airlines flexibility to adjust their fleet according to demand. There are two main types of leases: operating leases, which typically cover a portion of the aircraft's useful life, and finance leases, where the airline effectively borrows the aircraft and may purchase it later. Leasing helps airlines manage financial risks and maximize their operational efficiency.