wet lease

English

Etymology

From wet +‎ lease. (This etymology is missing or incomplete. Please add to it, or discuss it at the Etymology scriptorium. Particularly: “Why wet?”)

Noun

wet lease (plural wet leases)

1. (aviation) An agreement in which an airplane, including crew, maintenance and insurance, is leased to another organisation, usually for a short period of time.

   The airline is operating a plane owned by another airline under a wet lease.

2. Any similar arrangement for other types of equipment.

Synonyms

• (aviation): ACMI lease

Related terms

• wet-leasing