Browsing Tag
wet-leasing
9 articles
A type of leasing arrangement in which one airline (lessor) provides an aircraft, complete crew, maintenance, and insurance (ACMI) to another airline (lessee).
SmartLynx Airlines set for 100-strong aircraft fleet by 2027, says new CEO
With air travel demand returning to pre-pandemic highs, airlines and lessors are gearing up for a busy 2024…
2024-03-28
Lufthansa wet leases five aircraft from CityJet in preparation for busy summer
Lufthansa has called upon the services of Aircraft, Crew, Maintenance and Insurance (ACMI) company CityJet to provide five…
2024-02-27
Finnair wet leases A320 from DAT as summer travel picks up
Finnair is wet leasing an Airbus A320 for its summer operations to meet an expected increase in demand. …
2022-05-24
airBaltic to wet-lease one jet from Ukraine’s flag carrier
Latvian flag-carrier airBaltic has leased a Boeing 737-900ER aircraft on an ACMI basis from Ukraine International Airlines (UIA). …
2022-05-02
airBaltic to wet-lease 11 Airbus A220 aircraft to other carriers
airBaltic will wet-lease a portion of its Airbus A220 aircraft to other carriers for summer 2022 after the…
2022-05-02
How a well-timed cargo move is driving expansion at SmartLynx Airlines
The COVID-19 pandemic has forced some airlines to shrink operations, but not for ACMI specialist SmartLynx. A well-timed…
2022-04-06
Dry and wet aircraft leasing: what is the difference?
Instead of owning planes, airlines can turn to the alternative of leasing aircraft. The aircraft leasing market has grown…
2022-02-13
Avion Express announced record Q3 results and new client
The largest narrow-body ACMI operator in the world Avion Express announced record quarterly production results. During Q3 2019…
2019-10-23
US, EU authorities remove wet leasing time limits
The United States, European Union, Iceland, and Norway sign an agreement, removing time constraints on aircraft wet leasing. …
2019-08-28