dry lease

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dry lease

The lease of an aircraft without a flight or cabin crew, fuel, or other supporting services.
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Dry leases are contracts where airlines lease planes without staff.
Extended dry leases through March 2019 for the 13 Boeing 767 freighters currently leased to DHL for its US air network.
"Our business model, which emphasizes balanced, market-sensitive assignments of converted freighter aircraft between long-term dry leases and shorter-term wet lease or ACMI agreements, continues to generate strong cash flows even in uncertain economic conditions," ATSG CEO Joe Hete said in a statement.
Prior to the delivery of this Boeing 737-800, our fleet has been drawn from a combination of wet leases, dry leases and purchase of second hand aircraft.
It operates charter flights and alsowet and dry leases aircraft to other airlines.
Under long-term commercial agreements, AAWW's Titan Aviation leasing unit will dry lease the 20 B767-300s to Amazon.