JetRed Airlines wants a new plane that is manufactured by the Boeing Corporation.A local bank agrees to purchase the plane from Boeing,and lease the aircraft to JetRed.The plane is delivered directly to JetRed.Who is the lessor in this arrangement?

Question

Quizplus · Accepted Answer

The bank is the lessor in this arrangement as they are purchasing the plane from Boeing and leasing it to JetRed. Boeing is the manufacturer of the plane and JetRed is the lessee, who will be using the aircraft.

JetRed Airlines Wants a New Plane That Is Manufactured by the Boeing