Aircraft lease

Aircraft leases are 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 longer-term leases. The industry also uses combinations of wet and dry. For example, when the aircraft is wet-leased to establish new services, then as the airline's flight or cabin crews become trained, they can be switched to a dry lease.

Wet lease

A wet lease is a leasing arrangement whereby one airline (the lessor) provides an aircraft, complete crew, maintenance, and insurance (ACMI) to another airline or other type of business acting as a broker of air travel (the lessee), which pays by hours operated. The lessee provides fuel and covers airport fees, and any other duties, taxes, etc. The flight uses the flight number of the lessee. A wet lease generally lasts 1–24 months; a shorter duration would be considered an ad hoc charter. A wet lease is typically utilized during peak traffic seasons or annual heavy maintenance checks, or to initiate new routes. A wet-leased aircraft may be used to fly services into countries where the lessee is banned from operating.

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Latest News for: Aircraft leasing

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Gokongwei Group beefs up URC, RLC capex as CEB spends less for planes

Manila Bulletin 07 Apr 2025
... fewer aircraft and engine deliveries ... The airline’s capex includes aircraft acquired under long-term leases and Pre-Delivery-Payment refunds totaling P15.1 billion in 2024 and P19.4 billion in 2025.
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Cornerstone laid for new Magnetic MRO aircraft hangar complex at Tallinn Airport

TravelDailyNews 07 Apr 2025
The three-hangar facility will be primarily leased by Magnetic MRO, a global aircraft maintenance company ... The article Cornerstone laid for new Magnetic MRO aircraft hangar complex at Tallinn Airport first appeared in TravelDailyNews International.
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Q4 Earnings Roundup: Boise Cascade (NYSE:BCC) And The Rest Of The Industrial Distributors Segment

The Call 07 Apr 2025
Boise Cascade (NYSE. BCC) ... FTAI) sells, leases, maintains, and repairs aircraft engines ... VSEC) provides aftermarket parts distribution and maintenance, repair, and overhaul services for aircraft and vehicle fleets in commercial and government markets ... .
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Q4 Earnings Highlights: GMS (NYSE:GMS) Vs The Rest Of The Industrial Distributors Stocks

The Call 07 Apr 2025
Let’s dig into the relative performance of GMS (NYSE. GMS) and its peers as we unravel the now-completed Q4 industrial distributors earnings season ... GMS (NYSE. GMS). Founded in 1971, GMS (NYSE ... FTAI) sells, leases, maintains, and repairs aircraft engines.
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BOC Aviation bets big on air travel boom with massive aircraft orders

Beijing News 05 Apr 2025
BOC Aviation's current portfolio comprises 467 owned and managed aircraft, with an additional 232 on order—figures that position it among the top global players in the aircraft leasing industry.
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Lok Sabha passes Aircraft Objects Bill

Hindustan Times 04 Apr 2025
The Parliament on Thursday passed the Protection of Interests in Aircraft Objects Bill, 2025, a move expected to support the rapidly growing aircraft leasing sector in India, one of the world’s fastest-expanding civil aviation markets.
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Lower costs: No more GoAir type fiascos for aircraft lessors in India as Parliament passes Bill

The Times of India 04 Apr 2025
No other country has seen this level of aviation expansion in such a short period,” he added.“The bill aims to align India’s aircraft leasing and financing ecosystem with global standards and marks a ...
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After Years of Leasing, Green Africa Acquires Own Aircraft

This Day 04 Apr 2025
Green Africa, Nigeria’s Lagos-based value airline, has announced the acquisition of its very first owned aircraft, after years of leasing aircraft and after its operations was interrupted recently.
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Africa: After Years of Leasing, Green Africa Acquires Own Aircraft

All Africa 04 Apr 2025
Green Africa, Nigeria's Lagos-based value airline, has announced the acquisition of its very first owned aircraft, after years of leasing aircraft and after its operations was interrupted recently ....
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BOC Aviation Orders 120 Narrow-Body Jets From Boeing, Airbus

MENA FN 04 Apr 2025
(MENAFN - Bangladesh Monitor) Dhaka. Singapore-based aircraft leasing company BOC Aviation has confirmed orders for a total of 120 narrow-body aircraft from Boeing and Airbus, as announced with ... .
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Parliament passes Protection of Interests in Aircraft Objects Bill

The Hindu 04 Apr 2025
Replying to the discussion on the bill, Civil Aviation Minister K Rammohan Naidu said the bill will help improve the cost efficiency for airlines as well as in faster expansion of their fleets through leasing of aircraft ....
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