We are independent & ad-supported. We may earn a commission for purchases made through our links.
Advertiser Disclosure
Our website is an independent, advertising-supported platform. We provide our content free of charge to our readers, and to keep it that way, we rely on revenue generated through advertisements and affiliate partnerships. This means that when you click on certain links on our site and make a purchase, we may earn a commission. Learn more.
How We Make Money
We sustain our operations through affiliate commissions and advertising. If you click on an affiliate link and make a purchase, we may receive a commission from the merchant at no additional cost to you. We also display advertisements on our website, which help generate revenue to support our work and keep our content free for readers. Our editorial team operates independently of our advertising and affiliate partnerships to ensure that our content remains unbiased and focused on providing you with the best information and recommendations based on thorough research and honest evaluations. To remain transparent, we’ve provided a list of our current affiliate partners here.

What is an Aircraft Lease?

Mary McMahon
Updated May 23, 2024
Our promise to you
WikiMotors is dedicated to creating trustworthy, high-quality content that always prioritizes transparency, integrity, and inclusivity above all else. Our ensure that our content creation and review process includes rigorous fact-checking, evidence-based, and continual updates to ensure accuracy and reliability.

Our Promise to you

Founded in 2002, our company has been a trusted resource for readers seeking informative and engaging content. Our dedication to quality remains unwavering—and will never change. We follow a strict editorial policy, ensuring that our content is authored by highly qualified professionals and edited by subject matter experts. This guarantees that everything we publish is objective, accurate, and trustworthy.

Over the years, we've refined our approach to cover a wide range of topics, providing readers with reliable and practical advice to enhance their knowledge and skills. That's why millions of readers turn to us each year. Join us in celebrating the joy of learning, guided by standards you can trust.

Editorial Standards

At WikiMotors, we are committed to creating content that you can trust. Our editorial process is designed to ensure that every piece of content we publish is accurate, reliable, and informative.

Our team of experienced writers and editors follows a strict set of guidelines to ensure the highest quality content. We conduct thorough research, fact-check all information, and rely on credible sources to back up our claims. Our content is reviewed by subject-matter experts to ensure accuracy and clarity.

We believe in transparency and maintain editorial independence from our advertisers. Our team does not receive direct compensation from advertisers, allowing us to create unbiased content that prioritizes your interests.

An aircraft lease is a contract allowing a person or company use of an airplane for a set period of time, in exchange for a fee. Airlines and charter companies may take advantage of leasing to keep their fleets flexible or provide temporary coverage. Individual pilots can also lease aircraft if they do not want the expense of purchasing and maintaining an aircraft for their use. Some airfields have cooperative leasing agreements allowing several pilots to share a plane, splitting expenses and setting up a shared access schedule.

There are two kinds of aircraft lease, wet and dry. A wet lease includes not just the aircraft, but also ground and flight crew, maintenance, and insurance. Dry leases offer the aircraft only, requiring people to furnish their own crews, maintain the aircraft, carry insurance, and so forth. People may have varying needs and can sometimes switch between lease types as their situations change.

People seeking an aircraft lease have a number of large and small companies to choose from, including some airlines making planes in their fleet available for lease. Rates can vary, and it is advisable to compare and contrast several different plans, considering issues like the length of the lease and any restrictions. For example, a company may only allow its aircraft to be flown domestically. Reviews of different leasing companies are available to allow people to investigate their services and get information on them from the perspective of customers.

The aircraft lease allows people to use an aircraft without having to make the substantial investment involved in actually buying it. Leasing companies may allow people to apply their own livery, especially in a long-term lease, allowing airlines to fly leased planes under their own branding. This can give carriers a chance to try out new kinds of aircraft before committing to a purchase and may make aircraft temporarily available for increased coverage while airlines upgrade and overhaul their fleets.

Pilots can take advantage of an aircraft lease to have access to planes they might not be able to operate on their own. People like charter pilots may want to offer longer range flights and more services, but would find it impossible to afford the aircraft necessary for these kinds of services. A lease can allow pilots to expand operations without breaking the bank, especially if pilots only have intermittent need and can share a lease, rather than being the sole person on the contract.

WikiMotors is dedicated to providing accurate and trustworthy information. We carefully select reputable sources and employ a rigorous fact-checking process to maintain the highest standards. To learn more about our commitment to accuracy, read our editorial process.
Mary McMahon
By Mary McMahon

Ever since she began contributing to the site several years ago, Mary has embraced the exciting challenge of being a WikiMotors researcher and writer. Mary has a liberal arts degree from Goddard College and spends her free time reading, cooking, and exploring the great outdoors.

Discussion Comments
Mary McMahon
Mary McMahon

Ever since she began contributing to the site several years ago, Mary has embraced the exciting challenge of being a...

Learn more
WikiMotors, in your inbox

Our latest articles, guides, and more, delivered daily.

WikiMotors, in your inbox

Our latest articles, guides, and more, delivered daily.