this post was submitted on 03 Jul 2024
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Were they gifted this plane making the flight or am I just not understanding where price of the plane itself is being paid. Is that the depreciation bit?
Depreciation and Leasing, yes
Most "modern" airlines don’t even own the airplanes themselves, but lease them. Even if not, calculating cost for vehicles you use over longer time as a business is most often done with a deprecation factor. Here both are combined as "Lease & Deprecation"