wet lease

(redirected from ACMI lease)
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wet lease

The leasing or hiring of a commercial aircraft from another carrier complete with a flight crew, but not necessarily with a cabin crew. All major servicing is performed by the owner-carrier. The aircraft, however, carries the hirer's logo and insignia for the period of the lease. The antonym for the term is dry lease.
References in periodicals archive ?
"This will start with an ACMI lease using our strategic partner Denim Air, and then build up until the airline is mature," he says.
Skyways Aviation arranged the long-term ACMI lease of an F100 from Romania's Carpatair to PGA Portugalia.
Aerospace One S.A., Greece has announced its plans to present wide-body freighters for charter or ACMI lease.
This winter seven ERJ-145s will be returned to BM from long-term ACMI leases. OWe donOt want to overstretch ourselves,O BM CCO Cathal OOConnell said.
Although both options have their pros and cons, Atlas Air's Bill Flynn says ACMI leases have one clear advantage over their counterpart: maintenance efficiency.