Latest Breaking News On - ஏரிஸ் வளங்கள் லிமிடெட் - Page 2 : comparemela.com

Both the big players, Qantas Airways Limited (ASX: QAN) and Virgin Australia, wet lease planes from Alliance. “Wet leases are agreements between 2 airlines, where the lessor agrees to provide an aircraft, crew, maintenance and insurance to the lessee in return for payment on the number of hours the aircraft is operated, irrespective of how many passengers are on the plane or the price they paid for their seat,” said Montgomery.  “Wet leases offer the lessee everything needed to begin flights on an almost immediate basis.” The company cleverly took advantage of the depressed aviation market last year, buying up 30 Embraer E190 planes for just $197 million.

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