14 CFR 218.2 – Applicability
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This part applies to foreign air carriers and other persons not citizens of the United States which, as lessors or lessees, enter into agreements providing for the lease of aircraft with crew to a foreign air carrier for use in foreign air transportation. For purposes of 49 U.S.C. § 41301, the person who has operational control and safety responsibility is deemed to be the carrier, and is required to have appropriate operating authority.
Terms Used In 14 CFR 218.2
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC