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PAGAN HANS LIMITED TENDER DOCUMENTS FOR WET LEASE OF ONE LARGE HELICOPTER MI172 OR EQUIVALENT TENDER NO. PHL/CO/MKT/4817/70 1 PAGAN HANS LIMITED (PHL), NEW DELHI Marketing Department Corporate Office
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How to fill out for wet lease of?

01
Start by gathering all the necessary information: Before filling out the wet lease form, make sure you have all the relevant information about the aircraft, including its registration number, type, and capacity.
02
Provide details about the lessor and lessee: Clearly state the names and contact information of both the lessor (the owner or operator of the aircraft) and the lessee (the party interested in leasing the aircraft).
03
Specify the duration of the lease: Indicate the start and end dates of the wet lease agreement. This will determine the period during which the lessee can utilize the aircraft.
04
Outline the terms and conditions: The wet lease form must include the terms and conditions agreed upon by both parties. This may include details about the payment schedule, maintenance responsibilities, insurance coverage, and any other relevant clauses.
05
Indicate the purpose of the wet lease: Clearly state the reason for leasing the aircraft, such as temporary capacity needs, fleet expansion, or specific operational requirements.

Who needs a wet lease?

01
Airlines with temporary capacity needs: Airlines often require additional aircraft during peak travel seasons or when their own aircraft are undergoing maintenance. A wet lease allows them to temporarily lease aircraft from other operators to meet these capacity demands.
02
Start-up airlines: New airlines that are in the process of acquiring their own fleet may opt for wet leasing as a cost-effective way to initiate operations. It allows them to offer flights while delaying the capital-intensive purchase of an entire fleet.
03
Cargo operators with fluctuating demand: Cargo airlines experiencing fluctuating demand may choose to wet lease aircraft on a temporary basis to meet increased shipping requirements during busy periods.
In summary, filling out a wet lease form involves providing essential information about the aircraft, lessor, and lessee, specifying the lease duration, outlining the terms and conditions, and clearly stating the purpose of the lease. This type of lease is commonly utilized by airlines with temporary capacity needs, start-up airlines, and cargo operators facing fluctuating demand.
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Wet lease is for the temporary transfer of aircraft along with crew, maintenance, and insurance.
Airlines or operators who are seeking to temporarily lease an aircraft.
The application process typically involves submitting a wet lease agreement and other required documentation to the aviation authority.
The purpose of wet lease is to provide airlines with flexibility in fleet management and capacity adjustments.
Details of the aircraft, duration of lease, crew qualifications, maintenance arrangements, and insurance coverage.
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