There are many situations in which an operator may want to make its aircraft available to a third party. Usually this can be accomplished via a non-exclusive dry lease.
Leasing transfers possession of the aircraft without transferring the title. Adry lease furnishes an aircraft, but the lessor provides no crew. (A lease that includes crew is called a “wet lease,” and requires an FAA commercial certificate – unless specifically authorized under FAR 91.501 or FAR 91.321.)
Additional costs not included are fuel costs and pilot costs and management fees. Management fees: $2,000 / month.
