Tuesday, January 12, 2010

Aircraft leases

Aircraft leases: are a number of types of leases used by airlines and other aircraft operators. Airlines lease aircraft from other airlines or leasing companies for two main reasons; to operate aircraft without the financial burden of buying them, and to provide temporary increase in capacity. The industry has two main leasing types, wet leasing which is normally used for short term leasing and dry leasing which is more normal for the longer term leases. The industry also uses combinations of wet and dries when for example the aircraft is wet-leased to establish new services then as the airlines flight or cabin crews become trained them can be switched to a dry lease.
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