Have you ever wondered what someone means when they refer to a “wet” versus a “dry” aircraft lease? Many people think it has something to do with whether the aircraft is being leased with or without fuel. However, fuel actually has nothing to do with the distinction.
For an explanation of the difference between “wet” and “dry” aircraft leases, and why it matters, please read my latest article on the subject: The Difference Between “Wet” and “Dry” Aircraft Leases.