eli5. What’s the difference between a lease and a charter?

Question

eli5. What’s the difference between a lease and a charter?

In: Other

Answer 1

chartering generally comes with the idea that the company youre chartering something from is going to be the thing operating it. a football team may charter a plane, but it is going to be a company pilot thats actually going to fly it, leasing doesnt carry that same kind of accepted definition