The two exchange options available for aircraft are the exchange plus repair model and the flat rate exchange model. In the exchange plus repair model, if components or aviation parts become faulty, operators can exchange the defective part for a refurbished/serviceable one from the aircraft parts manufacturer, a designated maintenance facility, or a third-party supplier. The flat rate exchange model manages aircraft parts and components. Here is a fixed flat rate for exchanging faulty aviation parts with serviceable ones.