this post was submitted on 03 Jul 2024
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How airplanes make money (files.catbox.moe)
submitted 3 months ago by [email protected] to c/[email protected]
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[–] [email protected] 2 points 3 months ago (2 children)

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?

[–] [email protected] 3 points 3 months ago

Depreciation and Leasing, yes

[–] [email protected] 1 points 2 months ago

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"