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What Is The Difference Between Lease And Wet-Lease  
User currently offlinePtica2000 From Slovenia, joined Nov 2000, 142 posts, RR: 0
Posted (11 years 7 months 2 weeks 4 days 12 hours ago) and read 14419 times:

Can somebody explain me the difference between lease and wet-lease. I often spot those two expressions in air magazines but I don't know what is the difference.

Nejc

13 replies: All unread, jump to last
 
User currently offlineSk945 From Sweden, joined May 2002, 432 posts, RR: 0
Reply 1, posted (11 years 7 months 2 weeks 4 days 12 hours ago) and read 14367 times:

Short version:
Lease: The airline use the plane in same way as if its were there own. Own staff etc. The owner would be the leasingcompany. The best way to use if you can't put up with the cash.
Wetlease: You hire a plane with crew from a other airline, but its used in in own airlines network. Often used when the own capacity aint enough.
I guess someone else could give you a more complete answere to this one.


User currently offlineEstablished02 From Belgium, joined Jan 2002, 536 posts, RR: 2
Reply 2, posted (11 years 7 months 2 weeks 4 days 12 hours ago) and read 14376 times:

Hallo Nejc,

> Can somebody explain me the difference between lease and wet-lease.

I'm not a pro, but I'll give it a try.  Big grin

Wet-lease: the leasing of an airplane including the pilots (possibly with cabin crew?)

Dry-lease: the leasing of an airplane only (no pilots and no cabin crew)


I guess there may be much more to tell about the various forms of leasing.


Regards,

Established02


User currently offlineB747-437B From , joined Dec 1969, posts, RR:
Reply 3, posted (11 years 7 months 2 weeks 4 days 11 hours ago) and read 14346 times:

Wet lease comes with a coupon for free hand wash on return. Big grin

User currently offlineThomas_Jaeger From Switzerland, joined Apr 2002, 2358 posts, RR: 28
Reply 4, posted (11 years 7 months 2 weeks 4 days 11 hours ago) and read 14324 times:

wet-lease is also called ACMI lease. ACMI means "Aircraft, Crew (cockpit creww only or cockpit and cabin crew), Maintenance, Insurance".


Swiss aviation news junkie living all over the place
User currently offlineNz767 From New Zealand, joined Nov 2001, 1620 posts, RR: 1
Reply 5, posted (11 years 7 months 2 weeks 4 days 10 hours ago) and read 14279 times:

Not necessarily Thomas.
An airline can wet-lease an aircraft and perform it's own maintenance on that aircraft as well as have it covered by it's own insurance.


User currently offlineRichardw From United Kingdom, joined May 2001, 3744 posts, RR: 0
Reply 6, posted (11 years 7 months 2 weeks 4 days 10 hours ago) and read 14249 times:

Completely wrong. Its whether or not the proposed flight is over Land or Sea.

User currently offlineBrons2 From United States of America, joined Sep 2001, 2991 posts, RR: 5
Reply 7, posted (11 years 7 months 2 weeks 4 days 10 hours ago) and read 14221 times:

wet leases include fuel and beverage service  Big grin


Firings, if well done, are good for employee morale.
User currently offline9V-SVA From Singapore, joined Aug 2001, 1860 posts, RR: 8
Reply 8, posted (11 years 7 months 2 weeks 4 days 6 hours ago) and read 14155 times:

Dry Lease: The airline leases an aircraft ONLY for a longer period of time than wet-leasing, perhaps for about 2-3 years. The airline uses its own crew, its own maintainance and its own insurance.

Wet Lease: The airline leases an aircraft and its crew for a few months or days, with the lessor providing crew, maintainance and insurance. An example is the Haj flights operated by Garuda Indonesia. You can see Garuda 767s, A340s, 747-300s and many others during the Haj months, all in hybrid livery.

9V-SVA



9V-SVA | B772ER
User currently offlineNz767 From New Zealand, joined Nov 2001, 1620 posts, RR: 1
Reply 9, posted (11 years 7 months 2 weeks 4 days 5 hours ago) and read 14095 times:

An example of a wet-lease that is NOT ACMI:

In the past, Air New Zealand and Freedom Air have leased Britannia B767s and 757s.
Aircraft operated by Britannia crew, BUT maintained by Air New Zealand.  Insane


User currently offlinePtica2000 From Slovenia, joined Nov 2000, 142 posts, RR: 0
Reply 10, posted (11 years 7 months 2 weeks 3 days 18 hours ago) and read 13989 times:

Ok, thank you all. Now I understand the difference.

Regards,
Nejc


User currently offlineGARUDAROD From United States of America, joined Apr 2000, 1503 posts, RR: 1
Reply 11, posted (11 years 7 months 2 weeks 3 days 17 hours ago) and read 13934 times:



ACMI leases usually apply to a charter for a particular aircraft. Either
for a one flight or a series of short term flights.
I have a question,
What is the difference between a wet lease and a "damp" lease?
I have seen that term a few times as well.



Cargo doesn't whine, moan, or complain
User currently offlineSAS23 From , joined Dec 1969, posts, RR:
Reply 12, posted (11 years 7 months 2 weeks 3 days 15 hours ago) and read 13922 times:

A damp lease would be the scenario described by Nz767.

User currently offlineEx_SQer From United States of America, joined Apr 2002, 1435 posts, RR: 5
Reply 13, posted (11 years 7 months 2 weeks 3 days 11 hours ago) and read 13901 times:

By the way, with the large lessors (ILFC, GECAS, etc) there is also "operating lease", "finance lease" and "managed lease"...

Operating lease = the airline leases the aircraft for a fixed time, and then returns the aircraft or extends the lease. Airline typically takes care of "ACMI".

Finance lease = the airline leases the aircraft and typically pays higher leasing charge for it, but the aircraft will belong to them at the end of the lease. Similar to hire purchase. Again, airline typically takes care of ACMI.

Managed lease = the lessor takes care of maintenance and sometimes insurance as well. In such a scenario, the airline is usually unable or unwilling to undertake these functions by itself.


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