TRANSPORTanagreementtolease(=payto use)anaircraftwithoutemployingapilot:It is thelargestof severalcompanieswhichsupplyaircrafttoairlinesondrylease.
dry lease
verb[T]Two of theaircrafthave beendryleasedfrom abankruptAmericanairline.Comparewet leasenoun(Definition ofdry leasefrom theCambridge Business English Dictionary? Cambridge University Press)
Examplesofdry lease
dry leaseAs a plan to resume full domestic services, it is planning todryleasetwo turboprop aircraft for a period of five years.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.It operates international scheduled and charter air cargo services, as well as wet anddryleaseservices.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.The deal saw the aircraft being leased for a period of five years, initially as a wet lease later to be changed to adrylease.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.It operates charter flights and also wet and dry leases aircraft to other airlines.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.The airline operated mostly charters and wet and dry leases aircraft to airlines.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.#https://dictionary.cambridge.org//dictionary/english/dry-lease##