Crewless leases, or operating leases as they are known, typically run for 6 to 12 years and refer to an agreement in which the lessor provides the aircraft without providing crews, insurance, maintenance, or operational support.
Legal ownership of the aircraft remains with the leasing company, but the lessee places the aircraft on its own air operator certificate (AOC) and is responsible for the entire operation of the aircraft, including payment of all operating costs. fixed and variable for the lease term.
The aircraft available for Dry Lease lease are:
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