wet lease

wet lease
a) The leasing of an airplane including crew, maintenance and insurance, usually for very short period of time.
b) Any similar arrangement for other types of equipment.

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  • wet lease — ➔ lease2 * * * Ⅰ. wet lease UK US noun [C] TRANSPORT ► an agreement to pay to use an aircraft with a crew, fuel, and insurance → Compare DRY LEASE(Cf. ↑d …   Financial and business terms

  • wet lease — noun The leasing of aircraft complete with crew • • • Main Entry: ↑wet …   Useful english dictionary

  • wet-lease — wetˈ lease transitive verb • • • Main Entry: ↑wet …   Useful english dictionary

  • Wet lease — A wet lease is a leasing arrangement whereby one airline (lessor) provides an aircraft, complete crew, maintenance, and insurance, (ACMI) to another airline (lessee), who pays by hours operated. The lessee provides fuel, covers airport fees, and… …   Wikipedia

  • Wet-Lease — Boeing 737 der XL Airways Germany. Der Aufkleber am Heck zeigt an, dass das Flugzeug temporär durch TUIfly geleast ist Wet Lease (in etwa Feucht oder Nassmiete) ist ein Begriff aus der kommerziellen Luftfahrt und bezeichnet die Miete (Leasing)… …   Deutsch Wikipedia

  • wet-lease — /ˈwɛt lis/ (say wet lees) verb (t) to enter into a wet lease on. –wet leaser, noun …  

  • wet lease — /ˈwɛt lis/ (say wet lees) noun a leasing agreement on an aircraft under which the lessor supplies all operational aspects such as crew, maintenance, insurance, etc., along with the aircraft. {wet from use with reference to people (see wetware) +… …  

  • wet lease — The leasing or hiring of a commercial aircraft from another carrier complete with a flight crew, but not necessarily with a cabin crew. All major servicing is performed by the owner carrier. The aircraft, however, carries the hirer’s logo and… …   Aviation dictionary

  • wet lease — noun an arrangement for the hire of an aircraft with a flight crew and sometimes fuel …   English new terms dictionary

  • lease — a legal contract covering the possession and use of property, plant or equipment between the owner ( lessor) and another person ( lessee) at a given rent, for a stated length of time. Glossary of Business Terms A contract providing for the use of …   Financial and business terms

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