Meaning & use
dry lease
Last updated
Meaning
nouncountablebusinesstechnical
an arrangement in which an owner rents out an aircraft or vehicle without a crew, fuel, or insurance.
Grammar: Countable: you can say 'a dry lease' or 'two dry leases'.
Patterns
- take something on a dry lease
- a dry lease of an aircraft
- under a dry lease
The small airline took two planes on a dry lease to save money.
Under a dry lease, the renter must supply its own pilots and fuel.
The contract was a dry lease, so the owner was not responsible for the crew.
Word forms
| plural | dry leases |
|---|
Common combinations
- dry lease agreement
- They signed a dry lease agreement for six months.
- take something on a dry lease
- The company took the helicopter on a dry lease.
- dry lease of an aircraft
- A dry lease of an aircraft usually costs less than a wet lease.
- under a dry lease
- Under a dry lease, the lessee pays for maintenance.
Synonyms and how they differ
- bareboat charter
- Used mainly for ships; it means the same as a dry lease but is not used for aircraft.
Opposites
Word family
- wet lease noun
- The opposite arrangement, where the owner also provides crew, fuel, and insurance.
Commonly confused: dry lease or wet lease?
dry lease vs wet lease
A wet lease includes crew and fuel, while a dry lease does not. Mixing them up can cause serious contract mistakes.
Practice
Under a dry lease, who usually provides the pilots?
Choose one answer.
A dry lease covers only the aircraft itself, so the renter must supply the crew. Option 0 describes a wet lease, and the other options are not part of the definition.
Make it your own
Write a sentence using “dry lease”, then check it and compare it with the examples above.