wet lease

(redirected from ACMI lease)
Also found in: Encyclopedia.
dry lease, wet lease - To rent an aircraft without a crew is a dry lease; a wet lease is to hire an aircraft with a crew.
See also related terms for hire.
Mentioned in ?
References in periodicals archive ?
We have reached an agreement in principle with Xtra Airways of Boise, Idaho, for the provision of multiple 737-400 aircraft (and crews) on an ACMI lease program,'' the Air Florida website said, under the title of "press information.
But it is likely the B747-200F will focus on the charter side and offer back-up for the B747-400Fs when they arrive, which we envisage being put out on ACMI lease.
Greece has announced its plans to present wide-body freighters for charter or ACMI lease.
The acquisition by Maximus Air of three Airbus A300-600RP2F aircraft at the start of the year, which have subsequently been converted into freighters by EADS, was designed to boost the company's dual business model of cargo charter and ACMI lease solutions.
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, working on behalf of Sky Wings Airlines of Greece, placed an McDonnell Douglas MD-82 on ACMI lease with Air Moldova.
Skyways Aviation arranged the long-term ACMI lease of an F100 from Romania's Carpatair to PGA Portugalia.
Total operating revenues increased approximately 16% versus the same quarter last year, reflecting a 30% increase in ACMI lease revenue, a 49% increase in AMC charter revenue, and a 104% increase in Commercial charter revenue, offset in part by a 14% reduction in Scheduled Service revenue.
Total operating revenues increased approximately 17% versus the same quarter last year, reflecting a more than 44% increase in ACMI lease revenue, a nearly 34% increase in AMC charter revenue, and a roughly 89% increase in Commercial charter revenue, offset in part by a 9% reduction in Scheduled Service revenue.
Total operating revenues increased approximately 17% versus the same quarter last year, reflecting a nearly 32% increase in ACMI lease revenue, a 67% increase in AMC charter revenue, and a 177% increase in Commercial charter revenue, offset in part by a 16% reduction in the Scheduled Service business.
AAWW's fleet of 43 Boeing 747 freighter aircraft operates throughout the world, providing air cargo and related services through four principal business segments: ACMI Lease Contracts, Scheduled Service, AMC (military) Charters, and Commercial Charters.
Each of AAWW's four main operating segments contributed to the topline outperformance: ACMI Lease Contracts (+$43 million), Scheduled Service (+$21 million), Military (AMC) Charters (+$61 million), and Commercial Charters (+$21 million).