dry lease

dry lease
dry lease dry lease lease2

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dry lease UK US noun [C or U]
TRANSPORT an agreement to lease (= pay to use) an aircraft without employing a pilot: »

It is the largest of several companies which supply aircraft to airlines on dry lease.

dry lease verb [T]
»

Two of the aircraft have been dry leased from a bankrupt American airline.

Compare WET LEASE(Cf. ↑wet lease) noun

Financial and business terms. 2012.

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Look at other dictionaries:

  • Dry lease — A dry lease is a leasing arrangement whereby one airline (lessor) provides an aircraftwithout insurance, crew, ground staff, supporting equipment, maintenance, etc. Dry lease is typicallyutilized by leasing companies and banks, requiring the… …   Wikipedia

  • Dry-Lease — Wet Lease (etwa Nassmiete) ist ein Begriff aus der kommerziellen Luftfahrt und bezeichnet die Miete (Leasing) eines Flugzeugs einschließlich Cockpit Crew, Kabinenpersonal, Wartung und Versicherung von einer anderen Fluggesellschaft. Die Maschine… …   Deutsch Wikipedia

  • dry lease — The lease of an aircraft without a flight or cabin crew, fuel, or other supporting services …   Aviation dictionary

  • dry lease — noun an arrangement for the hire of an aircraft without the provision of a flight crew …   English new terms dictionary

  • lease — a legal contract covering the possession and use of property, plant or equipment between the owner ( lessor) and another person ( lessee) at a given rent, for a stated length of time. Glossary of Business Terms A contract providing for the use of …   Financial and business terms

  • Lease — A long term rental agreement, and a form of secured long term debt. The New York Times Financial Glossary * * * ▪ I. lease lease 1 [liːs] verb [transitive] COMMERCE 1. if you lease something to someone, you give them the right to use it for a… …   Financial and business terms

  • dry hole clause — A provision in an oil and gas lease specifying what a lessee must do to maintain the lease for the remainder of the primary term after drilling an unproductive well. A dry hole clause is intended to make clear that the lease may be maintained by… …   Black's law dictionary

  • dry hole clause — A provision in an oil and gas lease specifying what a lessee must do to maintain the lease for the remainder of the primary term after drilling an unproductive well. A dry hole clause is intended to make clear that the lease may be maintained by… …   Black's law dictionary

  • Dry-hole clause — A dry hole clause is a provision in an oil or Natural gas lease specifying what a lessee must do to maintain the lease for the remainder of a primary term after drilling a dry hole. Usual the lessee will just have to pay delay rentals. Superior… …   Wikipedia

  • Dry natural gas production —   The process of producing consumer grade natural gas. Natural gas withdrawn from reservoirs is reduced by volumes used at the production (lease) site and by processing losses. Volumes used at the production site include (1) the volume returned… …   Energy terms

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