Dry lease

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Term dry lease
Status


Mandatory for


Contexts


Categories
Synonyms


Related entries

dry-leased aircraft

wet lease agreement

Broader term


Narrower term


Abbreviation

Definition

A leasing arrangement in which only the aircraft is provided, without crew or maintenance guarantees. Under a dry-lease arrangement, the aircraft is operated under the AOC of the lessee.

Definition Source

ICAO (2008), doc. 9885, Guidance on the Use of Emissions Trading for Aviation

Note