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About: Aircraft lease     Goto   Sponge   NotDistinct   Permalink

An Entity of Type : yago:Statement106722453, within Data Space : dbpedia.demo.openlinksw.com associated with source document(s)

Type: yago:WikicatAviationAgreementsyago:Abstraction100002137yago:Agreement106770275yago:Communication100033020yago:Message106598915yago:Statement106722453 New Facet based on Instances of this Class

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.