dry lease

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dry lease

, wet lease - To rent an aircraft without a crew is a dry lease; a wet lease is to hire an aircraft with a crew.
See also related terms for hire.
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References in periodicals archive ?
Options it is considering are wet-leases and dry-leases either on Airbus A330Fs, 747-200Fs or Boeing 747-400Fs, he says.
4) Dry-leases to Polar were 51% of total Atlas Air, Inc.