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Definition: Rentals of transportation equipment with crew

Balance of Payments, IMF

This category covers rentals (or operational leases), which are made by residents to non-residents and vice versa, of vessels, aircraft, freight cars, or other commercial vehicles with crews for limited periods (such as single voyage) for the carriage of freight and/or passengers. Also included are towing and services related to the transportation of oil platform, floating cranes, and dredges.
Source:
International Monetary Fund (IMF), "Balance of Payments Manual" (BOP), Fifth Edition, Washington D.C., 1993
Created:
2005-02-02
Updated:
2019-05-10

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