Jet Set Bargain

Your client is a private company in the United States that leases a jet with a current lease contract expiring soon. The client wants to renew the lease but is seeking ways to reduce the current lease amount, which is 1 million dollars per year. You need to advise how the company can lower their leasing cost.

Identify and recommend viable options to reduce the client’s jet lease cost while considering the client’s usage and contract factors.