Setup Menus in Admin Panel

Sharing the Knowledge!™

Finance Knowledge and Information

What does wet lease mean?

SEARCHING
Suggestion/Report Error
wet lease
Noun


A aircraft lease where the asset owner provides the aircraft, one or more complete crews (flight deck, cabin attendants and engineers) as well as the maintenance and the insurance (aircraft, crew, maintenance and insurance) necessary for the lessee to operate the aircraft, usually for a lease period of one to two years.

Synonym(s): 
  • ACMI lease.
top
© 2015-2024 Pecunica LLC.  All rights reserved.
;