Definition of dry lease in English:

dry lease

Line breaks: dry lease

noun

An arrangement covering the hire of an aircraft which does not include provision of a flight crew.
More example sentences
  • They would have leased it out on its own under a dry lease.

verb

Back to top  
(dry-lease) [with object] Hire (an aircraft) on the basis of a dry lease.

Get more from Oxford Dictionaries

Subscribe to remove adverts and access premium resources

Word of the day neoteny
Pronunciation: niːˈɒt(ə)ni
noun
retention of juvenile features in the adult animal