Aircraft lease

When aircraft leasing under different conditions an aircraft is rented. Dry lease (dry lease ) refers to the rental of aircraft without personnel. Wet lease ( approximately moist or wet rent ) refers to the rental of aircraft, including the cockpit crew, cabin crew, maintenance and insurance of another airline. Another name for a wet lease is Aircraft, Crew, Maintenance and Insurance ( ACMI ).

Wet lease

A wet lease contract may be a short-lived affair, for only one flight when the airline rented because failure of a private aircraft has a short-term bottleneck. However, it can also be a rental for several flights because a private aircraft means a higher cost of maintenance, or if own aircraft fail due to upcoming maintenance. Sometimes long-term agreement to be made if the tenant a new destination to fly as a test or wants to offer a seasonal route. In such cases, the aircraft will generally get the emblems and paint ( Livery ) of the lessee.

Because of the usually long-term leases, the aircraft flies often also in the design of the customer airline. The rent ACMI airline then provides the aircraft in the desired finish. Only a small sticker (about DIN A2 size) are on the aircraft then provides information about the ACMI airline as the owner ( for example, " operated by Atlas Air "). There are also medium-term or only seasonal, then possibly over several years running ACMI aircraft leases.

ACMI contracts

ACMI contracts are a type of aircraft rent. In the basic version of the aircraft rental is only leased the aircraft (dry rent, Eng. Dry lease, without the wet fuel).

It is often offered as an alternative to ACMI contracts, a wet lease ( ACMI / wet lease ). In the wet rent (English wet- lease), the cost of the fuel already in the rent ( " including fuel " ), but not the other operating costs and the full -round service that provides an ACMI lease. The ACMI contract represents a variation or subspecies of in aviation widespread wet rent

The tenant, who takes the aircraft under ACMI contract must, practically only take care of the operation of these aircraft to the management: Sale of passenger capacity, or air freight services, advertising, route planning.

Payment is often per block hour, with usually one specific workload is guaranteed by the lessee.

With the payment of ACMI lease, the customer covers the cost of the plane rental including the cost of crew, maintenance, and the not inconsiderable aircraft insurance. Not included in the rental price are the additional costs for flight operations, such as fuel costs, landing and parking fees, the airport handling charges, freight insurance, and freight handling charges.

Benefits

One advantage of the wet- leasing is also the simpler use of other types of aircraft. As for (almost) each aircraft type is a private type rating required and often airplanes that are approved in one country, may not be flown by pilots from other countries, can not beat the crew of the failed aircraft with their strange machine the flight perform.

The ACMI market allows airlines to expand their growing demand for passenger or cargo capacity in the short term by renting additional aircraft or respond to seasonal fluctuations.

In extreme cases, an airline operates no own fleet of aircraft, but also operates its flights exclusively on ACMI basis. Such airlines are referred to as "virtual airline" (not to be confused with the virtual airlines that are operated by flight simulator enthusiasts as a hobby ). Due to the complete outsourcing of flight operations, the virtual airline reduced its production depth. So the virtual airline leases the aircraft, the flight crew and the technical expertise to operate the aircraft. One can also say that the virtual airline rents an entire airline.

The aircraft owner operates the ACMI business either as a side business to rent his free aircraft capacity or as a primary business without ever let fly aircraft under its own name. Atlas Air is the world's largest ACMI airline that operates the rental on ACMI basis as a home business.

Examples

ACMI carriers are for example:

  • ABX Air ( Airborne Express Airline, Airborne Airpark, Ohio, USA) operates among others, an ACMI cargo flight service;
  • Air Atlanta Icelandic (Reykjavik, Iceland ) specializes in aircraft leasing for ACMI / wet lease basis. But also operates a charter service for Icelandic tour operator;
  • Air One (Rome, Italy) has leased to the Polish White Eagle Aviation aircraft based on a long-term ACMI contract;
  • Air Slovakia (Bratislava, Slovakia) operates ACMI charter flights to other airlines;
  • Astar Air Cargo ( Miami, Florida, USA) is an ACMI carrier for DHL. Astar Air Cargo has an ACMI agreement with DHL, which runs from 2003 to 2019. DHL also holds shares in Astar Air Cargo.
  • Atlantic Airways ( Sørvágur, Faroe Islands ) operates for SAS on ACMI base charter flight routes from Copenhagen to Stavanger, London ( City Airport) and Birmingham;
  • Atlas Air ( Purchase, New York, USA ) is the world's largest ACMI airline, strictly speaking: an ACMI cargo carriers, the world's contracts with major airlines has ( Alitalia, China Airlines, British Airways, Cargolux and FedEx );
  • Audeli Air ( Madrid, Spain) operates the air traffic on ACMI basis for Iberia;
  • Capital Cargo International Airlines ( Orlando, Florida, USA);
  • Cargo 360 (Seattle, Washington, United States) is a cargo airline the ( rental ) of ACMI / wet lease aircraft specializes in the operation;
  • Denim Airways ( Hoofddorp Schiphol Airport, Netherlands);
  • Germania airline operating long aircraft on wet lease, among others, for Air Berlin, TUIfly and dba
  • Kalitta Air ( Ypsilanti, Michigan, United States) is a charter airline and an ACMI carriers;
  • Omni Air International (Tulsa, Oklahoma, USA ) operating at times ACMI / wet lease to other airlines;
  • Pegasus Airlines ( Istanbul, Turkey) provides in demand for charter flights and ACMI leasing of aircraft;
  • Phuket Airlines (Bangkok Thailand ) specializes in ACMI / wet lease;
  • Platinum Airlines ( Miami, Florida, USA) operates an ACMI service for charter airlines and the U.S. Department of Defense;
  • Silver Air ( Djibouti, Djibouti ) is an ACMI aviation transport companies;
  • Thomas Cook Belgium Airlines ( Diegem, Belgium ) flies exclusively with ACMI aircraft that were leased from the Dutch Martinair;
  • Vildanden (Skien Airport, Geiteryggen, Norway ) is a virtual airline that sold the tickets and shall bear the full financial risk, while the aircraft on ACMI lease basis of Avitrans (Stockholm, Sweden) will be provided. All flights are subject to the Code of Ararat.
  • WDL Aviation (Cologne, Germany ) offers charter flights and ACMI lease of aircraft to

AMI

AMI stands ( German: aircraft, maintenance, insurance ) for Aircraft Maintenance, Insurance.

AMI is a variant of ACMI, in the flight crew ( crew ) leased to the customer. The customer is therefore its own flight crew. Example: a five-year ACMI contract with option to convert after a year on AMI and after a further year on dry lease.

Often the rental offer referred to in (English: wet lease aircrafts on AMI or ACMI basis) as " Aircraft Rental with wet lease on ACMI or AMI basis." The landlords are often referred to as ACMI and wet lease company AMI.

Swell

  • Rüdiger Sterzbach, Roland Conrady, Frank Fichert: air traffic. Business management training and manual. 4 substantially revised and expanded edition. Oldenbourg Verlag, Munich 2009, ISBN 978-3-486-58537-7 ( textbooks and manuals to tourism, transport and leisure).
Real net output ratio Purchase (disambiguation) DBA (airline) Ypsilanti (Michigan) Machelen Vildanden (airline)
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