MIAMI – It looks like Ryanair (FR) and the UK Civil Aviation Authority (CAA) are having quite the spat. The airline has canceled 12 domestic routes in the UK and is blaming the CAA’s wet lease policies.
According to an analysis of the situation by FlightGlobal, the issue stems from using wet leased foreign aircraft for flights from the United Kingdom. A wet lease is a leasing arrangement whereby one airline (the lessor) provides an aircraft, complete crew, maintenance, and insurance (ACMI) to another airline or other type of business acting as a broker of air travel (the lessee), which read more ⇒
Source:: “Airways Magazine”