What is the difference between an ACMI and a “wet lease”?
The term “ACMI” is a contract status with parameters that include the Aircraft, Crew (pilots and flight attendants), Maintenance (engine upkeep, etc.), and the Insurance required by law to operate a charter. The term “wet lease” refers to a contractual agreement that is typically utilized between airlines during peak traffic seasons, annual heavy maintenance checks, or to initiate new routes. Wet lease contracts normally last for an extended period of time, whereas one-time charters or charters that operate for a short duration are termed “ad hoc.
The term “ACMI” is a contract status with parameters that include the Aircraft, Crew (pilots and flight attendants), Maintenance (engine upkeep, etc.), and the Insurance required by law to operate a charter. The term “wet lease” refers to a contractual agreement that is typically utilized between airlines during peak traffic seasons, annual heavy maintenance checks, or to initiate new routes.
