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Aircraft Lease Agreement with Option to PurchaseLease Agreement made on the (date), between (Name of Lessee) of (street address, city, state, zip code), referred to herein as Lessee, and (Name of.

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In aviation, there are two types of leasing arrangements -- wet leasing and dry leasing. Wet leasing is an arrangement where the lessor provides an aircraft and the crew too. So here, the lessor is responsible for the operational maintenance of the flight.

A typical aircraft lease will last between 5 and 10 years, and then you'll return it to the lessor or purchase it outright.

There are generally two types of dry lease, an Operating Lease and a Finance Lease. Operating Lease: generally, a lease term that is short compared to the economic life of the aircraft being leased. An operating lease is commonly used to acquire aircraft for a term of 2- 7 years.

Wet leasing is completely flexible – use it when you need it. ACMI allows lessees to supplement their fleet capacity – without committing to an investment that may never produce a return.

Types of leases and their definitions Dry Lease Agreement - An agreement between undertakings pursuant to which the aircraft is operated under the AOC of the lessee. Wet Lease Agreement - An agreement between air carriers pursuant to which the aircraft is operated under the AOC of the lessor.

The cons of an aircraft lease: Your tax benefits are assumed by the lessor. You're giving the residual value risk to the leasing company, and they're getting the tax benefits. ... You pay more to own your airplane. ... You will have usage restrictions.

The types of lease depend on the requirements and various considerations of tax and revenue by the lessee (airlines company). Primarily, there are three types of leases for aircraft lease: (1) wet lease; (2) damp lease; and (3) dry lease.

Can I lease a Cessna 172? Yes, you can. This is a very common plane for beginners and one that is offered by many lessors. The average hourly cost to lease a Cessna 172 “Skyhawk” is between $125 and $159.

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© Copyright 1997-2025
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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232