Skip to content 
WHAT WE DO
SERVICES
Quality as a matter of course
Dry Lease
means the transfer of equipment from Lessor to Lessee but without maintenance, crew, insurance, etc. Dry lease requires the Lessee to put the aircraft on its own Air Operator’s Certificate (AOC) and provides aircraft registration. A typical dry lease lasts upwards of three years and bears certain conditions with respect to depreciation, maintenance, insurances, etc., depending also on the geographical location, political circumstances, etc. A dry lease can be of two types: Operating lease or Finance lease.
ACMI Wet Lease
is defined under EU regulations as an agreement between air carriers pursuant to which the aircraft is operated under the AOC of the Lessor. The Lessor provides the aircraft, complete with crew, maintenance, and insurance (ACMI) to the Lessee, which pays by hours operated. the Lessor will also be responsible for major maintenance of the aircraft and insurance. The Lessee provides fuel and covers airport fees and any other charges, taxes, etc. The flight uses the flight number of the Lessee.
Damp Lease
is an ACMI lease but where the Lessor provides the equipment to the Lessee without the cabin crew. The rest of the agreement remains the same at large. Under this agreement, the Lessee will have to provide the cabin crew, which must be properly trained as well. However, the Lessor in this case will provide a supervising cabin purser. Damp lease in some countries is also known as Wet Lease, Without Fuel.
