dry lease
dry lease · dry leases
A leasing agreement where an aircraft is provided without any additional services like…A leasing agreement where an aircraft is provided without any additional services like crew, maintenance, or insurance.
Meaning
1 sensesA leasing agreement where an aircraft is provided without any additional services like crew, maintenance, or insurance.
Origin
From wet + lease. The origin is uncertain, but it is widely believed that the term dry refFrom wet + lease. The origin is uncertain, but it is widely believed that the term dry refers to the exclusion of fuel in the lease agreement.
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Forms
plural: dry leases| Singular | dry lease |
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| Plural | dry leases |
regular