What Is Dry Aircraft Leasing?

Dry Leasing involves renting an aircraft without crew, maintenance, or insurance. In other words, the lessee (the party leasing the aircraft) obtains the physical aircraft but is responsible for providing their own flight crew, handling maintenance, and securing insurance coverage. Unlike wet leasing, where the lessor provides a fully operational aircraft with crew and services, dry leasing offers more flexibility and control to the lessee.

Advantages of Dry Aircraft Leasing:

Cost-Effectiveness: 

Dry leases are generally more affordable than wet leases. By managing crew and maintenance independently, lessees can optimize costs based on their specific needs.

Operational Control:

Lessees have greater control over the aircraft’s operation. They can tailor crew training, flight schedules, and other operational aspects to their preferences.

Customization: 

With a dry lease, lessees can choose their own crew, ensuring a high level of staff training and customer experience.

Try Before You Buy: 

Dry leasing allows lessees to test an aircraft type before committing to a purchase. It’s like a trial period to evaluate suitability.

Flexibility:

Lessees can change aircraft frequently without worrying about depreciation. This adaptability is especially valuable for businesses with evolving need. Dry leasing provides a balance between cost-effectiveness and operational autonomy, making it an attractive option for airlines, businesses, and private operators. Remember that while dry leasing offers advantages, it’s essential to comply with regulations and seek professional advice when structuring leasing arrangements.