Lease to subsidiary

Is it possible to lease a aircraft to own subsidiary at rates lower than book value?

No - only for book value

Is it possible to lease a aircraft to own subsidiary at rates lower than book value?

Why lease? Just transfer aircraft if the subsidiary is not stock listed

Why lease? Just transfer aircraft if the subsidiary is not stock listed

The sub is listed. Just wanted it to grow faster by providing a/c at cheaper rates.

Why lease? Just transfer aircraft if the subsidiary is not stock listed

 A have a couple of aircraft that I transfered from a subsidiary to the holding company and then leased them back. That way the holding company accumulates enough revenue to  start another subsidary.