The leasing contract usually runs 15 to 20 years.

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While bmi regional is losing staffed contract leasing which it carries out for the mainstream part of BMI when it ceases flying between Heathrow and both Edinburgh and Aberdeen, the smaller airline is not bidding for the slots being freed up by regulators for links between the London hub and the east Scottish airports.

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Here a dentist, doctor or small-business owner signs an employment contract with a foreign (usually Irish) employee-leasing company, which then leases his services to a U.S. leasing company, which in turn leases his services back to his business or practice.

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