wet lease Meaning in the Cambridge English Dictionary

Meaning of “wet lease” in the English Dictionary

"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

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)
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