A dry lease aircraft is a leasing arrangement whereby an aircraft financing entity (lessor), provides an aircraft only (without crew, engineers or ground staff). An airline contracts the aircraft (without crew, maintenance or insurance) from a leasing company or bank, placing the aircraft on their own air operators certificate (AOC) and providing the aircraft registration, however uses its own flight and cabin crew to operate the aircraft.
Our ACMI Leasing team has considerable aircraft charter and lease management experience going back four decades, whether its providing aircraft for cross regional leasing, wide bodied aircraft for the Hajj pilgrimage, regional aircraft on PSO routes or peak summer holiday demand, Peta has your requirement covered.
Hybrid lease or CMI (Crew, Maintenance and Insurance) is a combination of both a dry and wet lease and a solution for airlines with aircraft capacity, but the need to outsource the operating segment of operation be it due to: lack of flight crew, lower cost of personnel, strike action etc.
Just like ACMI leasing in the passenger airline world, cargo operators can benefit from the flexibility that ACMI offers by not having to commit to long term fixed costs and investments in aircraft and crew when purchasing or dry leasing aircraft. Instead, they can contract as required, on a monthly or annual basis, depending on their own contractual demands with their clients.