In order to begin expanding the fleet of aircraft for services that are available in your business, you may consider the option of Aircraft Leasing rather than the traditional financing methods to obtain their growth. Trying to obtain the funds to obtain an aircraft can be a very daunting dilemma with many involved steps but if you consider Aircraft Leasing, it may not have to be.
Aircraft Leasing is a real option when it comes to being able to obtain an aircraft. There are a variety of leases available, there are wet leases, damp leases, ACMI leases along with financial leases. For the purpose of this article, we will be referring to financial leases in regards to obtaining Aircraft leasing. But just to clear things up, we will review what the other leases are.
We will begin with ACMI leases. ACMI stands for Aircraft, Crew, Maintenance and Insurance and this type of leasing basically is for when someone wants to lease the aircraft complete with staff and the insurance and not have to worry about the maintenance and upkeep of the aircraft. The lessee would pay one price which is usually charged for a specific time period. The lessee would also cover the financial burden of certain costs of operations, like the fuel and incidental costs of the crew. Of course, this can be handy if you only need the aircraft on a short term basis. You also would have no financial ownership in the aircraft with this type of Aircraft Leasing, so it would not be considered an asset to your company.
Wet and damp leases presently can mean the same thing as ACMI but traditionally used to mean that wet leases came with the cost of the fuel and damp leases without fuel costs. But as stated previously this article is referring to financial leasing, which can also be considered a dry lease, to obtain your Aircraft Leasing. One of benefits of choosing this type of Aircraft Leasing is that you can increase your aircraft capacity with the least amount of financial burden and you have the option of purchasing the leased aircraft at the end of the term. When using this type of Aircraft Leasing, your aircraft can be listed as an asset of your business. There are other conditions involved, but these are the general ones.
In order to obtain Aircraft Leasing, you would need to have your finances in order because you will have to go through an application process much like you would with regular financing. The difference would be that you would not have to have as much initial capital outlay as you would with a down payment on an outright purchase. There are financial institutions who specialize in Aircraft Leasing and these are the places you should look for and get quotes from. So take the information you have learned and the knowledge you gained from reviewing your finances and find the Aircraft Leasing that works best for your business. Remember, you will want to be able to review all your terms and conditions and be informed when you make your choice for Aircraft Leasing.
