Definition: Rentals of transportation equipment with crew

Category: 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. http://ec.europa.eu/eurostat/ramon/statmanuals/files/BoP_Manual_Fifth_Edition_EN.pdf