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Wet Lease vs Dry Lease

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Wet Lease vs Dry Lease

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Old 4th Jul 2001, 09:47
  #1 (permalink)  
SevenFiftySeven
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Question Wet Lease vs Dry Lease

Hi Guys,
I wonder if you can help me with a question that is probably so stupid that I'm almost embarassed to ask it....

What are the differences between wet leasing and dry leasing? I was reading about xx airline wet leasing xx aircraft and was just wondering.
Thanks.
 
Old 4th Jul 2001, 10:49
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Transition Layer
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For once I can answer a question in Tech Log!!! Maybe those Airline Management subjects are worthwhile afterall...NOT!

Wet Lease involves leasing of the aircraft including tech crew, cabin crew and depending on the circumstances may also include support staff such as engineering. This is usually done where an airline is leasing a type that is not presently operating in the fleet, or cannot provide the crew to fly it.

Dry Lease is simply the leasing of the aircraft, with no associated crew or support. This is often done to make up a short term capacity problem and usually involves leasing an aircraft type already operating for the airline.

Believe it or not, there is also Damp Leases which is basically somewhere in the middle. It will include either tech crew or cabin crew in addition to the aircraft.

Hope this helps you out!

Cheers,
TL

------------------
"Tears, crying, wish you'd never learnt to fly. Should have taken that job at the Council."
 
Old 4th Jul 2001, 19:50
  #3 (permalink)  
SevenFiftySeven
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Smile

Thanks Transition,
It was something that I thought I should know, but didn't.
 
Old 5th Jul 2001, 20:12
  #4 (permalink)  
Stratocaster
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You can also find the term ACMI refering to wet leases. It simply means:
- Aircraft
- Crew
- Maintenance
- Insurance
and that's just what the lessor is leasing to the lessee...
 

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