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AOPA Sample Aircraft Lease Agreement INTRODUCTION: This document is intended as a guide to creating an aircraft lease agreement for your club. The document can be amended or adopted completely to.

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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.

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.

Common Sections in Aircraft Lease Agreements TERM OF LEASE. NATURE OF LEASE. LESSOR'S WARRANTIES. LEASE PAYMENTS. RETURN OF AIRCRAFT. LESSEE'S COVENANTS. ROUTINE MAINTENANCE. INSURANCE.

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.

An aircraft lease agreement is a contract between the aircraft owner and the lessee. The leasing company, typically airlines, provides payments for the use of airplanes.

Operating lease For new aircraft this term is often eight to 12 years for a narrowbody, and up to 12 years for a widebody. Subsequent lease terms often decrease in length as the aircraft ages. The operator is charged a monthly lease rental fee for the duration of the lease term.

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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
Content Takedown Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
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