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A wet lease is an arrangement where one airline provides an aircraft, complete with crew, maintenance, and insurance, to another airline or operator for a specified period. The lessee only pays for the aircraft's usage, while the lessor retains operational control. This type of lease is often used to meet short-term capacity needs or during peak travel seasons. Wet leases are common in the aviation industry, particularly for airlines seeking to expand routes quickly without the capital expenditure of acquiring new aircraft.
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What is a wet lease basis?
A wet lease is an arrangement in which one airline provides an aircraft, complete with crew, maintenance, and insurance, to another airline for a specified period. This allows the leasing airline to operate flights without the need to manage the aircraft's crew or maintenance logistics. Wet leases are often used during peak travel seasons or to cover for aircraft that are undergoing maintenance. The term contrasts with a dry lease, where only the aircraft is leased without crew or additional services.
What is an ACMI lease?
An ACMI lease is another term for a wet lease, the leasing of an aviation crew for a short period of time.
Moisture content in dry basis convert to wet basis?
To convert moisture content from dry basis to wet basis, use the formula: MCwet = (MCdry / (1 - MCdry)) where MCwet is the moisture content on a wet basis and MCdry is the moisture content on a dry basis. For example, if the moisture content on a dry basis is 10%, the moisture content on a wet basis would be 11.1%.
Can a person with AIDS be evicted on that basis?
Not on that basis. But if the tenant violates the terms of the lease, they can be evicted regardless of that condition.
What are the differences between a forever lease and a monthly lease?
A forever lease is a long-term agreement where the tenant can stay indefinitely, while a monthly lease is a short-term agreement that typically renews on a monthly basis.
What is the definition of a succeeding lease?
A succeeding lease is one that immediately follows the expiration date of the existing lease. In other words, if a person leases an office suite on a yearly basis, and continues to renew the release, it will become a succeeding lease, and go into effect the day after the expiration date on the original lease.
What happens at the end of a solar lease?
At the end of a solar lease, typically after 20-25 years, the homeowner can choose to renew the lease, purchase the solar panels at market value, have the solar company remove the panels, or potentially extend the lease on a month-to-month basis.
When the lease agreement ends can you ask the tenant to leave if I do not wish to renew the lease?
Yes. You should do it carefully, however, so that there is no appearance of the lease continuing on a month-to-month basis. One month before the end of the lease, send a written letter to the tenant stating that you intend to terminate the lease on its expiring date. Do not accept any rent money for periods after the end of the lease or you have automatically renewed the lease on a month-to-month basis (the details depend on your jurisdiction, I am thinking of California as I answer this). You are entitled to show the unit to prospective tenants as long as you give the required notice and do it during approved or normal business hours.
Explain different types of lease agreement?
A sale and lease back agreement is when one buys something from one party, and then turns around and leases it back to that person. A month to month lease is when one leases property on a monthly basis.
How did lend lease work?
The Lend Lease program during World War II gave England and the Allies American materiel on a "lend lease" basis. In reality, the munitions were given to the British to fight the war. Little, if any, money ever changed hands.
Is it possible to break an apartment lease if I have no proof that my apartment gets noxious odors possibly meth?
Unless you can prove that there is meth, and that your landlord is cooking it, you have little basis for terminating your lease. You need to call the police.
How does one lease a car for a short term?
If you are looking to lease a car on a short term basis you can look at your options at http://www.leasetrader.com/lease/. If you are looking at a very short time frame you could also go through a car rental service such Enterprise Rent-a-car.
