What Happened
Understanding The Complex World Of Aircraft Rentals
Aircraft leasing has become a dominant force in the aviation industry, with around 58% of the global commercial fleet now leased, according to IATA figures cited by Aerospace Global News. The industry offers various types of leases, including dry, wet, and damp leases, each with its own set of characteristics and benefits. This trend may be driven by the need for airlines to manage their fleets more efficiently and reduce financial risks. The article explains the differences between these lease types and explores the reasons behind the growth of aircraft leasing, as reported by MiGFlug.