What does wet lease mean?

Definitions for wet lease
wet lease

This dictionary definitions page includes all the possible meanings, example usage and translations of the word wet lease.


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Wiktionary

  1. wet leasenoun

    The leasing of an airplane including crew, maintenance and insurance, usually for very short period of time.

  2. wet leasenoun

    Any similar arrangement for other types of equipment.

Wikipedia

  1. wet lease

    Aircraft leases are leases used by airlines and other aircraft operators. Airlines lease aircraft from other airlines or leasing companies for two main reasons: to operate aircraft without the financial burden of buying them, and to provide temporary increase in capacity. The industry has two main leasing types: wet-leasing, which is normally used for short-term leasing, and dry-leasing which is more normal for longer-term leases. The industry also uses combinations of wet and dry. For example, when the aircraft is wet-leased to establish new services, then as the airline's flight or cabin crews become trained, they can be switched to a dry lease.

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Numerology

  1. Chaldean Numerology

    The numerical value of wet lease in Chaldean Numerology is: 5

  2. Pythagorean Numerology

    The numerical value of wet lease in Pythagorean Numerology is: 9

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"wet lease." Definitions.net. STANDS4 LLC, 2024. Web. 23 Apr. 2024. <https://www.definitions.net/definition/wet+lease>.

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