Meaning of “wet lease” in the English Dictionary

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"wet lease" in Business English

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wet leasenoun [ C ]

uk us TRANSPORT

an agreement to pay to use an aircraft with a crew, fuel, and insurance

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wet leaseverb [ T ]

also wet-lease uk us TRANSPORT

to pay to use an aircraft with a crew, fuel, and insurance:

Afghanistan's Safi Airways is to wet-lease aircraft to maintain its German route.

(Definition of “wet lease” from the Cambridge Business English Dictionary © Cambridge University Press)