wet lease
English
Etymology
From wet + lease. The origin is uncertain, but it is widely believed that the term wet refers to the inclusion of fuel in the lease agreement.
Noun
wet lease (plural wet leases)
- (aviation) An agreement in which an airplane, including crew, maintenance and insurance, is leased to another organisation, usually for a short period of time.
- Coordinate term: dry lease
- Any similar arrangement for other types of equipment.
Synonyms
- (aviation): ACMI lease