wet lease

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wet lease

The leasing or hiring of a commercial aircraft from another carrier complete with a flight crew, but not necessarily with a cabin crew. All major servicing is performed by the owner-carrier. The aircraft, however, carries the hirer's logo and insignia for the period of the lease. The antonym for the term is dry lease.
An Illustrated Dictionary of Aviation Copyright © 2005 by The McGraw-Hill Companies, Inc. All rights reserved
References in periodicals archive ?
When it comed to the Libya-Malta route, Libyan Airlines said it is also in the process of wet-leasing another of Nouvelair's Airbus fleet that would be used on the Malta route, increasing frequency to and from Malta from twice weekly to four times a week and providing a cargo service between the two countries.
Nevertheless, he is talking with airlines about wet-leasing a 767 in an all-business layout with up to 90 seats, and "we are also speaking with Boeing to evaluate the 787 for our fleet in several years to come." Jul 10, 2006