Leasing an Aircraft for Corporate Use - Travel - EzineMark

If you wish to lease an aircraft for your company, it is advisable to enlist the help of an aircraft leasing company, with decades of experience in the business to procure the best available deal. Aircraft leasing is not a simple process, for those with no prior experience it is an aircraft leasing company that will have the necessary connections and knowledge to ensure that a client receives the best possible contract.

It is important that the leasing company you choose to assist you on your venture has connections with leading airlines, so that it is easy for the company to find an aircraft that best suits your requirements such as your budget, timeline, what your aircraft requirements are and of course the best lease method for you. The company will guarantee the most competitive market rates along with a suitable aircraft.

There are two main methods of leasing; Wet Lease and Dry Lease. A wet lease is convenient for a start up as the owner or the lessor maintains overall responsibility but provides the entire aircraft with crew members. This is an ideal method for shorter leases and is less complicated than a dry lease, which is a more formal process where the entire aircraft is leased without crew or insurance. However, dry leases are usually the norm for long term leasing options. Wet leases are the most popular option for short term leases.

A leasing company will not only source the aircraft for you using their contacts but will also draw up the ideal contracts that are beneficial to the customer. Leasing an aircraft is easier than outright purchase for obvious reasons.

It allows a flexible option to operating an aircraft without the long drawn out process of purchase. Many airlines too lease aircraft when the resources available are not enough to meet the demands. The corporate sector lease their aircraft which allows them to have an aircraft ready for immediate use for the employees requiring frequent business travel, while not being a burden on company finances as a purchased aircraft would be. It is also easy to discontinue the lease if the company finances can no longer sustain the company?s private plane or if they wish to upgrade to a different aircraft.

Source: http://travel.ezinemark.com/leasing-an-aircraft-for-corporate-use-7d33d7f2c44f.html

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