dry lease

noun

A leasing agreement where an aircraft is provided without any additional services like crew, maintenance, or insurance.

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Meanings

noundry lease (plural dry leases)

plural dry leases

  1. aeronauticsA leasing agreement where an aircraft is provided without any additional services like crew, maintenance, or insurance.

Origin

From dry + lease. The origin is uncertain, but it is widely believed that the term dry refers to the exclusion of fuel in the lease agreement.

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Cite this entry
APA

dry lease. (n.d.). In WatkinsX Dictionary. Retrieved November 4, 2026, from https://dictionary.watkinsx.com/word/dry%20lease

MLA

“dry lease.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/dry%20lease. Accessed November 4, 2026.

Chicago

WatkinsX Dictionary, s.v. “dry lease,” accessed November 4, 2026, https://dictionary.watkinsx.com/word/dry%20lease.

Source: dry lease on Wiktionary, CC BY-SA 4.0.