ANN's Daily Aero-Term (03.09.07): ACMI | Aero-News Network
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Join Us At 0900ET, Friday, 4/10, for the LIVE Morning Brief.
Watch It LIVE at www.airborne-live.net

Fri, Mar 09, 2007

ANN's Daily Aero-Term (03.09.07): ACMI

Aero-Terms!

Aero-Terms are designed to be a daily reminder of the terms, names, acronyms and explanations of the unique language that populates the aviation world. Aerospace, sport aviation, fixed wing, helo, you name it... it's all fair game.

Aero-Terms should serve as a quick but intriguing reminder of the terms you may use every day, or an introduction to an aspects of the Aero-World you may not yet be familiar with. ANN also encourages readers to go beyond the FMI link, and further research any intriguing terms.

Suggestions for future Aero-Terms are ALWAYS welcome, as are additions or discussion of the explanations given for each Aero-Term.

ACMI

Aircraft Crews Maintenance Insurance -- A lease between two parties where the first party is a lessor with an AOC responsible for the aircraft, crews, maintenance, and insurance and the second party is the lessee, usually with an AOC, who is responsible for the schedules, flight charges, cargo handling, crew support, flight operations, ramp handling, aircraft servicing and fuelling. Charges will be based on an hourly rate and normally involve and minimum number of hours per month.

FMI: www.freightersonline.com/AircraftGlossary.asp

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