ACMI Lease - The LESSOR provides the aircraft, one or more complete crews (flight deck, cabin attendants and engineers) including their salaries but usually not their daily allowances, all maintenance for the aircraft and insurance, which usually includes hull and third party liability. The LESSOR will charge for the block hour and depending on the aircraft type, sets a minimum guaranteed block hour limit per month if the airplane flies or not. The duration can range from a month to usually one or two years, anything less than one month can be considered as ad-hoc charter. Wet Lease - Wet lease fuel is included, typically a charter service will provide this method. Damp Lease - Similar to an ACMI and wet leasing, the term usually means without crew. Under a DAMP LEASE, the LESSEE will provide the cabin crew. This can only be done if the crew receives SEP (Safety and Emergency Procedures) training by the LESSOR, in order to be acquainted with the differences of the aircraft. The LESSOR will provide a supervising cabin purser. Dry Lease - The Lessor assumes all fixed costs. This is one of the most popular style of leases and allows for shorter time frames. The LESSOR allows his aircraft to be leased to an individual or company maintaining his name on the mortgage. Lessee is responsible for ALL FIXED COST and VARIABLE COSTS. This style of lease is ideal for organizations who currently own and operate aircraft with a flight department and crews who are currently undergoing maintenance or other restrictions that do not allow utilization. Lease Durations can range from 1 week to well over 5 years Leases
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