An ACMI lease is a type of arrangement in the aviation industry that involves the lease of an aircraft along with a comprehensive package of services. The acronym "ACMI" stands for Aircraft, Crew, Maintenance, and Insurance. In an ACMI lease, the lessor provides not only the aircraft but also the necessary flight crew, maintenance, and insurance coverage.

Here's a breakdown of the components of an ACMI lease:

• Aircraft: The lessor provides the aircraft, typically fully equipped and ready for operation.
• Crew: The lessor supplies the flight crew, including pilots and cabin crew, to operate the aircraft. The crew is often employed or contracted by the lessor.
• Maintenance: The lessor is responsible for aircraft maintenance, ensuring that the aircraft is kept in airworthy condition.
• Insurance: The lessor provides insurance coverage for the aircraft.

ACMI leases are often used by airlines or other entities that need additional capacity for a specific period, such as during peak travel seasons or when facing temporary fleet shortages. It allows the lessee to acquire an operational aircraft with a full suite of services without having to manage the details of crewing, maintenance, and insurance.

The terms and conditions of ACMI leases are typically specified in detailed agreements between the lessor and lessee. This type of lease provides a high level of flexibility for the lessee while transferring various operational responsibilities to the lessor.

A dry lease is an arrangement in the aviation industry where an aircraft or other equipment is leased without additional services such as crew, maintenance, insurance, and other operational support. In a dry lease, the lessee (the entity or individual leasing the aircraft) is responsible for providing their own flight crew, maintenance, and other operational requirements.

This type of lease is in contrast to a wet lease, where the lessor provides not only the aircraft but also the necessary crew, maintenance, insurance, and other operational services. Dry leases are common in the aviation industry, especially among airlines and companies that have their own operational capabilities and resources.

Dry leases can provide lessees with more flexibility and control over the operation of the aircraft, as they have the freedom to choose their own crew and maintenance providers. However, it also means that the lessee takes on more responsibilities and costs associated with the operational aspects of the aircraft.

An ACMI lease is a type of arrangement in the aviation industry that involves the lease of an aircraft along with a comprehensive package of services. The acronym "ACMI" stands for Aircraft, Crew, Maintenance, and Insurance. In an ACMI lease, the lessor provides not only the aircraft but also the necessary flight crew, maintenance, and insurance coverage.

Here's a breakdown of the components of an ACMI lease:

• Aircraft: The lessor provides the aircraft, typically fully equipped and ready for operation.
• Crew: The lessor supplies the flight crew, including pilots and cabin crew, to operate the aircraft. The crew is often employed or contracted by the lessor.
• Maintenance: The lessor is responsible for aircraft maintenance, ensuring that the aircraft is kept in airworthy condition.
• Insurance: The lessor provides insurance coverage for the aircraft.

ACMI leases are often used by airlines or other entities that need additional capacity for a specific period, such as during peak travel seasons or when facing temporary fleet shortages. It allows the lessee to acquire an operational aircraft with a full suite of services without having to manage the details of crewing, maintenance, and insurance.

The terms and conditions of ACMI leases are typically specified in detailed agreements between the lessor and lessee. This type of lease provides a high level of flexibility for the lessee while transferring various operational responsibilities to the lessor.

A finance lease, also known as a capital lease, is a long-term lease in which the lessee assumes many of the risks and rewards of ownership.

It is a financing arrangement where the lessee typically has the option to purchase the aircraft at the end of the lease term for a predetermined amount.