A Short Term Wet Lease refers to the leasing of an aircraft under ACMI terms between two airlines, both holding active operational licenses. The leasing period typically ranges from 7 to 30 days.

Reasons why airlines may choose such leasing arrangements:

• Delays in integrating the planned aircraft into the fleet as scheduled.
• Technical issues preventing the completion of scheduled maintenance on time.
• Accidents or damages rendering the planned aircraft inoperable.
• To meet increased demand during specific periods.

Wet lease agreements are commonly conducted under ACMI terms. In certain cases, if conditions and regulations permit, they can also be arranged as AMI leases.

The airline leasing out the aircraft is required to meet the following ACMI requirements during the lease period:

ACMI: This acronym stands for Aircraft, Crew, Maintenance, and Insurance.

• A (Aircraft): The leased aircraft must hold a valid airworthiness certificate.
• C (Crew): The leased aircraft must be staffed with pilots and cabin crew who hold valid licenses appropriate to the aircraft type. The crew size must be sufficient for the planned flight hours.
• M (Maintenance): Maintenance and repair services must be provided by technicians licensed and equipped for the specific aircraft type, covering both routine and non-routine tasks.
• I (Insurance): The aircraft must have valid insurance in compliance with international civil aviation regulations, covering the required terms and limits.

The airline that leases its aircraft under a wet lease arrangement must provide the following ACMI requirements to the lessee airline during the lease period. Below is the breakdown of the ACMI requirements:

ACMI: This acronym is derived from the first letters of the words Aircraft, Crew, Maintenance, and Insurance.

• A: Aircraft: The leased aircraft must possess a valid Certificate of Airworthiness.
• C: Crew: The leased aircraft must be staffed with pilots and flight attendants who are appropriately licensed for the aircraft type and must possess valid licenses. Furthermore, the crew size must be adequate in relation to the flight hours, based on the required SET (Standard Equipment Time) regulations.
• M: Maintenance: The leased aircraft must be maintained by licensed technicians with the appropriate technical equipment for its type, and routine or non-routine maintenance and repair services must be provided.
• I: Insurance: The leased aircraft must have a valid insurance policy that meets the requirements and limits stipulated by international civil aviation regulations.

JAZZJET Aviation has extensive experience in long-term wet lease arrangements. Below are some examples from our numerous lease agreements in this area:

• Fokker 100 – 30 Days – Libya – Short Term Wet Lease
• Boeing B737-800 – 30 Days – Romania – Short Term Wet Lease
• Airbus A300-B4 – 30 Days – Taiwan – Short Term Wet Lease
• Boeing B737-800 – 20 Days – Tajikistan – Short Term Wet Lease
• Bombardier CRJ200 – 30 Days – India – Short Term Wet Lease

For the upcoming season, the following long-term wet lease negotiations are currently ongoing:

• 2 Airbus A330-300 – 30 Days – Saudi Arabia – Short Term Wet Lease
• 1 Boeing B777-300 – 30 Days – Far East – Short Term Wet Lease
• 1 Airbus A340-500 – 30 Days – Sub-Saharan Africa – Short Term Wet Lease

Services Offered in Wet Lease Arrangements:

LOCAL SUPPORT

JAZZJET Aviation, in long-term wet lease arrangements, can provide local support upon customer request. Through our extensive network of representative offices, we are able to offer assistance at the locations where flights are conducted, including crew transfers, hotel bookings, fuel, and handling services.

OPERATION

Throughout the lease period, all operations can be monitored 24/7 by JAZZJET’s operations offices, and detailed reports can be provided to customers regarding the process. In case of any issues during the operation, the customer will be immediately informed, and solution-oriented support will be provided.

LEGAL SUPPORT

Thanks to our dedicated legal department, composed of experienced attorneys, we are able to draw up agreements that protect the mutual rights of our clients.

ACCOUNTING

With our team of specialized accountants, we ensure that all payments are tracked, helping prevent any commercial risks for our customers.

PAYMENT GUARANTEE FUND

This method is designed to prevent payment delays in all wet lease arrangements. Airlines that deposit a predetermined amount into the fund can easily make payments from this fund, particularly in urgent lease and AOG (Aircraft on Ground) situations, thus avoiding any delays caused by payment issues. Information on fund amounts and application details is available upon request.

To make a Wet Lease In arrangement, please check our current aircraft list here. A quote for your preferred aircraft will be provided immediately.

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