Small Jet Lease Wanted in Jersey

[PROAIR Aviation]

Hi,
We are after a lease, pref an ACMI on a small jet (Mustang/CJ1 or similar) to have the aircraft based in Jersey (Channel Islands, UK) for a minimum of 12 months. Minimum guaranteed hours of 200 hours, and PROAIR would do the full private operations. Please could you send me details, costs and terms if you have anything?
Many thanks

[CaptainProp]

Problem is that lease terms are too low these days for it to make any sense to the aircraft owner. The owner is taking the hit on aircraft depreciation while not having access to use it. Citation size aircraft are taking 6-12% hits per year and just to cover that you would need to lease your aircraft out for 6-12 years, per year leased.... Makes sense?

There is a big demand for dry / wet lease aircraft out there but very few aircraft owners willing to consider a lease. If anything, they want to sell, but not at current market levels. Thing is though, it's not going to get better, ever.

Good luck!

CP

[Phil Brockwell]

IMHO there are hardly any aircraft not flown in by the owners. Therefore the scarcity of completely unencumbered aircraft should push the price up. The reality is that most aircraft are "controlled" by operators who make money from operating an owners aircraft - the last thing they would want to do is lose their income stream, so they do not put this sort of work to the owners. If you could get the ear of an owner who has an aircraft with an operator, then a corporate lease with guaranteed income may well be attractive if the rate is competitive to the amount of income that they get from charter - assuming they don't want to fly in their aircraft - but this could probably be accomodated in a contract with only 200 hrs.

PB

[CaptainProp]

Got a point PB but if / when prices go up, the lessee is better off shopping around for a dirt cheap charter deal for block hours in the current market, with no risk of unexpected maintenance bills or training costs when crew leaves etc. This will keep dry lease rates low and unatractive to aircraft owners.

Charters in the current climate will never benefit owners. For operators anything goes as long as the aircraft is flying and they can keep charging management fees and make some money out of charters.

[Phil Brockwell]

"Charters in the current climate will never benefit owners"

Hmmmmm - we're back to that old statement of fact that I have never seen substantiated. Agreed on super-mids and heavy jets, but its a different story with light jets. (I could prove it, but you don't have the necessary security clearance).

Phil