AeroGroup Context Overview
1. Charter (Part 135 Operation)
A charter is when a customer pays for a specific trip on an aircraft operated by a certificated air carrier under FAA Part 135.
Key Features:
Operator-Controlled: Operated by a Part 135 certified air carrier (e.g., Aloft).
Turnkey Service: Includes aircraft, crew, maintenance, and insurance (ACMI).
FAA-Regulated: Subject to rigorous FAA Part 135 regulations.
On-Demand: Booked like a private airline for a specific trip.
Billing: Paid per trip or flight hour.
AeroGroup Role:
Not a charter operator itself but can collaborate with operators to offer charter access.
2. Dry Lease (Part 91 Use)
A dry lease is a private lease of an aircraft without crew or services. The lessee assumes full operational control, typically under Part 91.
Key Features:
Lessee-Controlled: The lessee (client) operates the aircraft.
Aircraft Only: No pilots, maintenance, or insurance included.
Private Use: Common for corporate or private travel.
FAA Regulation: Part 91; less restrictive than Part 135.
Billing: Fixed hourly or monthly rate for aircraft use only.
AeroGroup Role:
Offers dry lease agreements and may provide optional services (e.g., pilot, maintenance) billed separately.