Hello Kind Reader! Are you interested in helicopter leasing? Helicopter leasing is an excellent way to gain access to a helicopter without the high cost of ownership. It is an attractive option for businesses that need a helicopter for a specific project or individuals who want to enjoy the thrill of flying without the expense of buying their own aircraft. By leasing a helicopter, you can enjoy all the benefits of owning one without the long-term commitment.
Types of helicopter leasing
Helicopter leasing is a popular alternative to purchasing a helicopter. When companies or individuals need helicopter services for a limited period, helicopter leasing can be a viable option. There are different types of helicopter leasing available, based on the terms and conditions of the lease.
Operating leasing
Operating leasing is the most common type of helicopter leasing. Under this arrangement, the operator leases the helicopter for a certain period, usually 2 to 5 years, and returns it to the leasing company at the end of the lease term. The leasing company bears the risk of obsolescence, maintenance, and residual value of the helicopter.
Finance leasing
Finance leasing is a type of lease where the lessor, usually a financial institution, maintains ownership of the helicopter, and the lessee pays for its use. In finance leasing, the lessee pays the total cost of the helicopter, including interest, over the lease’s duration, and at the end of the lease term, the lessee has the option to purchase the helicopter at its residual value.
Benefits of helicopter leasing
Helicopter leasing offers several benefits to companies and individuals who require helicopter services but do not want to purchase a helicopter.
Cost Savings
Helicopter leasing can be cost-effective, especially for companies that require helicopter services intermittently. Rather than purchasing a helicopter, which can be expensive, leasing a helicopter for a limited period can save money.
Flexibility
Helicopter leasing offers flexibility, allowing companies and individuals to choose the type of lease that best suits their needs. Depending on the lease term and the type of lease, leasing a helicopter can provide the necessary flexibility for those who need it.
Access to newer, well-maintained helicopters
Leasing a helicopter can provide access to newer and well-maintained helicopters that might not otherwise be accessible.
Benefits of Helicopter Leasing
Helicopter leasing offers several benefits to individuals and businesses who require the use of helicopters for different purposes. Below are some of the benefits of helicopter leasing:
1. Flexibility in Operations
One major advantage of leasing a helicopter is the flexibility it offers. With helicopter leasing, you can choose the type of helicopter that suits your specific needs. Helicopters leased for oil rig transportation may differ from those that are leased for emergency medical services or executive transport. The lease period for a helicopter is not set in stone, and as such, you can choose to renew your lease or terminate it at the end of the agreed period.
2. Minimal Cost Outlay
Leasing a helicopter eliminates the need for a large down payment. The cost of leasing is spread over the lease period, allowing companies with tight budgets to utilize helicopter services without breaking the bank. It also saves on the cost of maintenance and repairs, as these are usually included in the lease agreement, reducing the overall cost incurred.
3. Access to the Latest Technology
Helicopter leasing companies always upgrade their fleet, and as such, when you lease a helicopter, you have access to the latest technology in aviation. This ensures that you are not left behind with obsolete technology.
4. Tax Benefits
Leasing a helicopter offers tax benefits that are not available when purchasing a helicopter. For instance, leasing offers a tax deduction for the full cost of lease payments, reducing the tax liability of the company.
5. Reduced Risk
Leasing a helicopter reduces the risk of owning an asset that depreciates with time. Helicopter leasing companies usually take up the risk of depreciation, allowing you to focus on other aspects of your business.
| No | Important Information |
|---|---|
| 1 | Helicopter leasing refers to the arrangement where a company or individual rents a helicopter from a leasing company for a specific period of time. |
| 2 | Helicopter leasing companies typically offer a range of helicopter models, which can be customized based on the lessee’s requirements and specifications. |
| 3 | The lease period for a helicopter can range from a few days to several years, depending on the needs of the lessee. |
| 4 | The cost of a helicopter lease typically includes the rental fee, insurance, maintenance, and other associated costs. |
| 5 | Helicopter leasing is a popular option for companies and individuals who need to use a helicopter for a short-term project or for occasional use, as it provides a more cost-effective and flexible alternative to buying a helicopter outright. |
Types of Helicopter Leasing
There are different types of helicopter leasing that cater to a wide range of clients. Here are some of them:
Wet Lease
Wet lease means that the helicopter comes with a crew, maintenance, and insurance. It’s an ideal type of leasing for those who want to fly but aren’t interested in taking responsibility for the helicopter’s maintenance or acquisition of necessary licenses.
Dry Lease
In the dry lease, the helicopter is leased without the crew, maintenance, or insurance. It’s an optimal leasing option for companies that have experienced helicopter pilots and maintenance personnel.
Benefits of Helicopter Leasing
Helicopter leasing comes with numerous benefits. Here are some of them:
Cost-Effective
It’s a cost-effective option for businesses that want to avoid the expense of purchasing a helicopter. With leasing, clients have access to a high-quality helicopter on terms that meet their specific requirements.
Flexible Lease Terms
Leasing gives clients the flexibility to tailor the lease term to their unique requirements. It means clients can lease helicopters on a short-term basis and increase or decrease the leased aircraft when their needs change.
Types of helicopter leasing
Helicopter leasing can be divided into several types. Each type offers a different leasing experience to its customers.
Wet Lease
A wet lease is considered a full-service lease. This type of lease is designed for customers who require a helicopter for short term missions without the need to hire a full-time crew, flight support, and maintenance staff. The leasing company provides everything needed to operate the helicopter, including the crew, maintenance, and other logistics. The cost of a wet lease is generally higher than a dry lease since the leasing company takes on the responsibility of the operational aspects of the helicopter.
Dry lease
Dry leasing, on the other hand, only includes the helicopter itself. The customer is responsible for the crew, maintenance, and other operational costs. This type of lease is ideal for customers who require a helicopter for long periods and have their crew and support infrastructure already in place. The cost of a dry lease is usually lower than a wet lease, making it an attractive option for companies that want to save money.
Choosing between wet and dry leasing will largely depend on your needs and budget. You need to assess the pros and cons of each type of lease and choose the one that best suits your requirements.
Operating lease
An operating lease is similar to a wet lease, but it’s for a longer period. The customer can lease the helicopter for a few months up to a couple of years. Unlike a wet lease, the customer takes care of the operational aspects of the helicopter. The leasing company still provides maintenance and support services, but the customer is responsible for the crew. An operating lease allows the customer to enjoy the benefits of a wet lease without the added cost of crew and support infrastructure.
Finance lease
A finance lease is designed for customers who want to lease a helicopter for an extended period, typically longer than five years. This type of lease is similar to a long-term loan. The customer makes regular payments to the leasing company to use the helicopter. At the end of the lease term, the customer has the option to buy the helicopter or return it to the leasing company. Finance leasing allows the customer to reduce the upfront cost of owning a helicopter and spread it out over time.
| No | Types of helicopter leasing |
|---|---|
| 1 | Wet Lease |
| 2 | Dry lease |
| 3 | Operating lease |
| 4 | Finance lease |
Types of Helicopter Leasing
There are several types of helicopter leasing options available depending on the needs and requirements of the lessee. These are:
Wet Lease
A wet lease is a type of lease where the helicopter leasing company is responsible for providing a complete crew along with the helicopter, which includes the pilot, co-pilot, and cabin crew. This type of lease is mostly used for shorter periods like aerial tours, medical evacuations, or in the case of providing support to a film crew.
Dry Lease
Dry leasing involves leasing out a helicopter to the lessee without a crew. The lessee provides their own pilots and cabin crew for the helicopter. This type of lease is suitable for businesses that require a helicopter for a longer period like for transportation of goods and personnel to remote oil rigs, or mining sites, etc.
| No | Type of Lease | Description |
|---|---|---|
| 1 | Wet Lease | Leasing a helicopter with a complete crew. |
| 2 | Dry Lease | Leasing a helicopter without a crew. |
Helicopter Leasing Types
Helicopter leasing types differ based on various factors, including helicopter usage, ownership, and financing. For example, commercial helicopter leasing is different from corporate helicopter leasing because they serve different purposes.
Wet leasing vs. dry leasing
Wet and dry leasing are the two main types of helicopter leasing. The main difference between wet leasing and dry leasing is the level of service provided by the helicopter leasing company. A wet lease comes with a complete set of the crew and insurance, while a dry lease is leasing only the helicopter.
Here are other helicopter leasing types:
Operating Lease for Helicopters
Operating lease for helicopters covers only the acquisition, maintenance, an operation of the helicopter. This is the most preferred type because it has lower monthly payments compared to financing the aircraft.
Capital Lease for Helicopters
Capital lease for helicopters transfers ownership of the helicopter to the lessee after the lease term ends. The lessee will also have an option to purchase the asset at the end of the lease term. This type of lease typically has higher monthly payments, but there’s no risk of depreciation because the lessee owns the asset once the lease is over.
Short-term Lease for Helicopters
Short-term lease for helicopters is ideal for businesses that need a helicopter for less than six months. To maximize the use of the helicopter, it’s best to choose a helicopter that is readily available in the market.
Long-term Lease for Helicopters
Long-term lease for helicopters is ideal for businesses that require a helicopter for more than six months but can’t afford the upfront costs of purchasing a new one. This is also a great option for those who expect to use the helicopter on a long-term basis but don’t want to own and operate one.
Leasing of Private Helicopters
Leasing of private helicopters is typically used for personal leisure and travel. Private helicopter lease companies offer various helicopter models and types based on the client’s preference and budget.
Corporate Helicopter Leasing
Corporate helicopter leasing provides a better transportation option for executives and VIPs, and they don’t have to worry about maintenance and operation. Corporate helicopter leasing provides the best solution for businesses that need helicopter transport regularly.
Benefits of Helicopter Leasing
Helicopter leasing comes with a lot of benefits, especially for those who need a temporary and cost-effective solution for their aviation needs. Below are some of the benefits of helicopter leasing:
1. Cost-Effective
One of the major benefits of helicopter leasing is that it is a cost-effective solution compared to buying a new helicopter. With leasing, you can choose the duration of the lease, which can be as short as a few months to several years, and you only pay for the duration you need it. This provides significant cost savings for businesses and individuals who require helicopters for a short time.
2. Flexibility
Leasing provides flexibility that you can’t get with buying a helicopter. You can choose the model, make, and specific features that will suit your needs. This is especially beneficial for businesses that need different types of helicopters for specific tasks. With leasing, they can get the exact helicopter they need when they need it, rather than having to invest in multiple helicopters that they may not need for extended periods of time.
3. Upkeep and Maintenance
Helicopter leasing companies typically handle all maintenance and upkeep responsibilities. This means that you don’t need a large team of engineers, mechanics, and support staff to maintain and repair the helicopter. This saves you a lot of time and money in the long run, making leasing a more cost-effective aviation solution.
FAQ on Helicopter Leasing
1. What is helicopter leasing?
Helicopter leasing refers to the process of renting a helicopter for a specified period. It is an ideal option for customers who need a helicopter for a specific time or project without the need of purchasing one.
2. How much does it cost to lease a helicopter?
The cost to lease a helicopter depends on several factors such as the type of helicopter, duration of the lease, and purpose of the lease. Generally, the cost can range from $1,500 to $10,000 per hour.
3. Can I use the leased helicopter for personal use?
Yes, you can use the leased helicopter for personal use as long as it is in compliance with the terms and conditions outlined in the lease agreement.
4. What is included in the helicopter lease?
The exact terms and conditions vary based on the lease agreement, but typically the lease will include a specified number of flight hours, maintenance, and insurance.
5. Do I need a special license to lease a helicopter?
No, you do not need a special license to lease a helicopter. However, if you plan to pilot the helicopter yourself, you will need a valid pilot’s license.
6. Can I extend my helicopter lease?
Yes, it is possible to extend your helicopter lease. The terms and conditions for extending the lease will be specified in the lease agreement.
7. What happens if the leased helicopter is damaged?
If the leased helicopter is damaged, the responsibility for repairs and associated costs will be outlined in the lease agreement. Typically, the lessee will be responsible for any damage caused during the lease period.
8. Will the helicopter leasing company provide a pilot?
Some helicopter leasing companies do provide pilots for an additional fee. However, others may require the lessee to provide their own qualified pilot.
9. How long does it take to finalize a helicopter lease?
The timeframe to finalize a helicopter lease can vary based on factors such as the availability of the desired helicopter and the complexity of the lease agreement. However, it typically takes a few weeks to a month to finalize a lease.
10. What is the cancellation policy for a helicopter lease?
The cancellation policy for a helicopter lease will vary based on the terms outlined in the lease agreement.
11. Can I lease a helicopter for a one-time event?
Yes, helicopter leasing can be a perfect option for one-time events, such as weddings, special occasions, or corporate events.
12. What happens if I return the helicopter before the end of the lease period?
If you return the helicopter before the end of the lease period, the terms and conditions for early termination will be outlined in the lease agreement.
13. What happens if I go over my allotted flight hours?
If you go over your allotted flight hours, you will be charged an additional fee according to the terms and conditions outlined in the lease agreement.
14. Can I lease a helicopter for international travel?
Yes, you can lease a helicopter for international travel. However, you will need to coordinate with the leasing company and ensure that all necessary documentation and permits are in order.
15. What type of helicopters can I lease?
You can lease various types of helicopters, including single-engine, multi-engine, and VIP helicopters. The availability of specific models may vary based on the leasing company.
Looking for information on helicopter leasing? Our article offers a comprehensive guide on what helicopter leasing is, the benefits, and how to go about leasing a helicopter.
Thanks for Flying with Us, Kind Reader!
We hope you enjoyed reading about helicopter leasing and all the benefits it can bring to your business or personal use. Whether you’re looking to transport executives to and from your company, take a scenic tour above the city, or anything in between, helicopter leasing can offer a convenient and efficient solution. Remember to check back for more informative articles and updates and we look forward to seeing you again soon!
