Finnair, the flag carrier airline of Finland, has announced that it will be providing two Airbus A330 aircraft to Qantas, the Australian airline, through wet-lease and dry-lease arrangements. This partnership is part of the oneworld alliance, which is a global airline alliance that includes some of the world’s leading airlines.
Under the wet-lease agreement, Finnair will provide Qantas with an Airbus A330 aircraft and crew for a period of six months. This means that the aircraft will be operated by Finnair pilots and cabin crew, but it will be painted in Qantas livery and will operate under the Qantas flight number. The aircraft will be used to operate flights between Sydney and Bangkok, as well as between Sydney and Jakarta.
The dry-lease agreement, on the other hand, will see Finnair provide Qantas with an Airbus A330 aircraft for a period of two years. In this case, Qantas will operate the aircraft using its own pilots and cabin crew, but the aircraft will still be painted in Finnair livery. The aircraft will be used to operate flights between Sydney and Shanghai.
This partnership between Finnair and Qantas is significant for a number of reasons. Firstly, it allows both airlines to expand their reach and offer more destinations to their customers. For Finnair, this partnership provides an opportunity to expand its presence in the Asia-Pacific region, while for Qantas, it allows the airline to offer more flights to China.
Secondly, this partnership is a testament to the strength of the oneworld alliance. The alliance was formed in 1999 and now includes 13 member airlines from around the world. By working together, these airlines are able to offer their customers a wider range of destinations and services than they would be able to do on their own.
Finally, this partnership is also significant because it highlights the importance of wet-leasing and dry-leasing in the airline industry. Wet-leasing and dry-leasing are both common practices in the industry, and they allow airlines to quickly expand their fleets without having to purchase new aircraft. Wet-leasing involves leasing an aircraft and crew from another airline, while dry-leasing involves leasing an aircraft without crew.
In conclusion, the partnership between Finnair and Qantas is an exciting development for both airlines and for the oneworld alliance. By working together, these airlines are able to offer their customers more destinations and services than they would be able to do on their own. This partnership also highlights the importance of wet-leasing and dry-leasing in the airline industry, and how these practices can help airlines quickly expand their fleets and reach new markets.
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- Source: https://zephyrnet.com/finnair-to-wet-lease-and-later-dry-lease-two-airbus-a330-aircraft-to-oneworld-partner-qantas/