this post was submitted on 03 Jul 2024
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How airplanes make money (files.catbox.moe)
submitted 4 months ago by Blaze@reddthat.com to c/dataisbeautiful@mander.xyz
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[–] nymwit@lemm.ee 3 points 4 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?

[–] ThrowawayPermanente@sh.itjust.works 4 points 4 months ago

Depreciation and Leasing, yes

[–] Quik@infosec.pub 1 points 3 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"