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Aircraft Lease  
User currently offlineMarseille158 From , joined Dec 1969, posts, RR:
Posted (12 years 8 months 6 days ago) and read 1025 times:

Can anyone tell me what is the difference between dry and wet lease please?

5 replies: All unread, jump to last
 
User currently offlineBlatantEcho From United States of America, joined Sep 2000, 1903 posts, RR: 1
Reply 1, posted (12 years 8 months 5 days 23 hours ago) and read 996 times:

I should probably wait for someone more expirienced to answer, but I am anxious to give it a whirl, please correct me if I am wrong

From what I have understood @ a.net

Wet Lease: Borrowing the airplane, with a crew, mx and fuel costs somehow built into a monthly or flat rate paid over time

Dry Lease: Borrowing a plane with nothing else included except the bird.

Sorry if I jumped the gun, I got excited about answering a slightly technical question other than what Dc-10s have the centre gear.....

Of course correct me if I am way off,
BlatantEcho



They're not handing trophies out today
User currently offlineMarseille158 From , joined Dec 1969, posts, RR:
Reply 2, posted (12 years 8 months 5 days 21 hours ago) and read 974 times:

Thank you very much BlatantEcho for your answer! I understand a lot more now

User currently offlineMetwrench From United States of America, joined Aug 2001, 750 posts, RR: 2
Reply 3, posted (12 years 8 months 5 days 16 hours ago) and read 963 times:

Can I expand a little?

Dry Lease - Long term, Minimum 2 years. Works well for Operators entering a new market not willing to make a financial commitment on new equipment. Also works for small Operators without enough capital to purchase equipment outright.

Wet Lease - Short term, a week to a few months. Somebody is in a bind and needs an airplane fast. The Leaser is basically a charter company.

Damp Lease - Also short term. Aircraft remains on Leaser’s Op's Specs. and Maintenance Program. Lessee partially crews aircraft. Lessee has Maintenance staff that is trained by Leaser and uses their MX Program and forms and provides all labor free. The Leaser has to provide parts and forecasting.

The Lessee is probably a small company with a small fleet that has one of their A/C down for long term MX. At best they might break even but they don't lose "face" to their customers by canceling flights.

Met


User currently offlineJwenting From Netherlands, joined Apr 2001, 10213 posts, RR: 19
Reply 4, posted (12 years 8 months 5 days 6 hours ago) and read 950 times:

You forgot a reason to enter into a wetlease (which is an important one somtimes):
Airline needs an aircraft to operate a scheduled service but either delivery is delayed by the manufacturer or previous owner or the scheduled aircraft is down for major unscheduled maintenance.



I wish I were flying
User currently offlineMarseille158 From , joined Dec 1969, posts, RR:
Reply 5, posted (12 years 8 months 5 days 3 hours ago) and read 939 times:

Thank you very much all for going into such detail explanation, your help is really appreciated.

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