Factbites
 Where results make sense
About us   |   Why use us?   |   Reviews   |   PR   |   Contact us  

Topic: Wet lease


  
  AWS Dry/Wet/ACMI Lease: Aviation World Services
The length of the lease must be a minimum of five (5) years, and preferably seven (7).
The length of the dry lease term is a function of the age of the aircraft, the asking or selling price of the aircraft, and the financial stability of the client.
Please be advised these figures are based upon a minimum five (5) year lease, the longer the lease the lower the payment.
www.aviationworldservices.com /drywet.htm   (431 words)

  
 Wet lease - Wikipedia, the free encyclopedia
Variations of a wet lease include a code share arrangement and a block seat agreement.
Damp lease is a vernacular term once used in the UK meaning a wet lease with no fuel.
A wet lease is typically utilized during peak traffic seasons or annual heavy maintenance checks, or to initiate new routes.
en.wikipedia.org /wiki/Wet_lease   (230 words)

  
 FAA''s Wet Lease Guidance Alarms Business Aviation Groups
In a notice printed in the Oct. 25 Federal Register, FAA seeks comments on guidance discussing what would be considered legal and illegal wet lease arrangements - those involving the lease of an aircraft and at least one crewmember.
"It has long been contrary to Federal Aviation Regulations for an air carrier to 'wet lease' an aircraft from an individual or entity that is not separately authorized to engage in common carriage," FAA said, adding that the notice attempts to clarify what is permissible.
FAA said it understands aircraft owners lease aircraft to Part 135 operators to recover costs, and said, "Nothing in this guidance is intended to bar these arrangements." The agency has no objections, it said, as long as the carrier maintains operational control.
www.aviationnow.com /avnow/news/channel_businessweekly_story.jsp?id=news/WETL10315.xml   (471 words)

  
 NBAA > FAA Guidance on Operational Control and Wet Leases
If at least one crew member is provided in the lease arrangement, this becomes a wet lease, as defined in the Federal Aviation Regulations 14 CFR §119.3.
Generally, in Situation #1, there are no wet lease concerns because the aircraft owner simply makes the aircraft available to the certificate holder and the certificate holder provides the crew and conducts the air carrier flights.
While the FAA apparently did not specify “safe harbors” in its A008 guidance to inspectors that specifically allow the owners pilots to be used by the certificate holder, the FAA addressed this issue at the series of briefing sessions.
web.nbaa.org /public/ops/part135/wetlease   (1738 words)

  
 Operational Control & Wet Lease Resource
You may not engage in an illegal wet lease.
A wet lease exists when one person (non-certificated aircraft owner) provides an aircraft and at least one crewmember to the certificate holder.
The aircraft you use for Part 135 operations must either be owned or leased by you, and must remain in your legal possession during all Part 135 flights.
www.nata.aero /about/WetLeaseResource.jsp   (1775 words)

  
 NBAA Comments on FAA's "Wet Lease" Proposal
The NBAA’s comments came in response to guidance issued by the FAA last month that specifically addresses wet lease arrangements, which involve the sharing of pilots between private aircraft owners and charter companies.
In its comments, NBAA explained that the safety benefits of wet lease management relationships need to be fully articulated to support informed policy decision-making.
Following the issuance of its wet lease guidance, FAA officials assured representatives with NBAA and NATA that its comments were merely a starting point for an exploration of policy options.
web.nbaa.org /public/ops/part135/wetlease200511.php   (321 words)

  
 Michian Aircraft Trading (Dry Lease .com ACMI Leasing .com)
Airbus A320 170Y Offered for ACMI Wet Lease
Boeing 737-300 148Y Offered for ACMI Wet Lease
Ilyushin 18D PAX Offered for ACMI Wet Lease
www.michian.co.uk /index.asp?acclass=ACMI   (82 words)

Try your search on: Qwika (all wikis)

Factbites
  About us   |   Why use us?   |   Reviews   |   Press   |   Contact us  
Copyright © 2005-2007 www.factbites.com Usage implies agreement with terms.