Leased, not rented.
Either way you'd be asking the FAA for a new number wouldn't you?
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A local perspective from 'down under' on the phraseology change. We have been using 'Line Up' for as long as I can remember, for the 'Position and Hold' scenario. Now they have also added 'and wait' to the end as standard here as well. You would sometimes hear them use it for international aircraft,...