Aircraft Lease
The lease of an aircraft can be a highly attractive proposition in both buoyant and depressed markets. In a buoyant market, leased aircraft provide useful 'interim lift' for owners or operators who are experiencing long delivery times for their new aircraft. In a slower market, with higher numbers of aircraft available for sale and depressed prices, a two or three year lease-out can be a very useful proposition to a seller.
In either circumstance, AXON can assist with its unique aircraft operator relationship, extensive customer base and unparalleled network of industry
contacts.
In a market where aircraft
finance is challenging to
obtain and lenders require
higher deposits and greater
levels of guarantee, the lease-in
of an aircraft is a highly attractive
option to a potential user. And, with
many aircraft owners finding themselves
with negative equity on their aircraft, AXON is able to lease out aircraft on their behalf to generate additional income.
We address the high demand for private jet lease by offering flexible options whilst delivering rapid responses and passing onto our customers the benefits of expert
leasing solutions, including:
Wet lease
Where an owner or operator supplies an aircraft complete with crew, maintenance and insurance to a lessee with no operational capability. It is paid on an hourly basis and the lessee is only liable for fuel and other operational costs such as landing fees, catering and handling. This is also ideal for when an owner’s existing aircraft is undergoing maintenance or whilst a new operator is waiting to receive his operating permit. A minimum monthly utilisation guarantee is required.
Dry lease
Where an owner, operator or bank supplies the aircraft only, without crew, maintenance, insurance etc. The lessee is required to put the aircraft on his own operator’s certificate and provide aircraft registration and is responsible for all costs. Usually a longer term solution than a wet lease, with payments made monthly.
Leaseback /
Sale & Leaseback
More of a financial transaction, whereby an owner or operator sells an aircraft and leases it back for a longer term. This enables a principal to use an aircraft but without actually owning it. There can also be financial and tax benefits to this arrangement.
Operating Lease
A lease which is short compared to the useful life of the aircraft being leased. Typically used to acquire an aircraft on a short-term basis - for example, an aircraft which has an economic life of 25 years may be leased for just three years.
If you wish to discuss how an aircraft lease may be of benefit, please contact us at info@axonaviation.com