Common use of Wet Leasing Clause in Contracts

Wet Leasing. ‌ .01 Notwithstanding Section 2-2 (FLYING) above, wet leases (i.e. contracting with another company for the provision of an aircraft with crew) may be entered into by the Company under the circumstances listed in (a) and (b) below, provided that such leases are not entered into with a company(s) that has been declared as common employer under the Canada Labour Code. a) To carry out flying on a temporary basis due to lack of available aircraft for reasons beyond the Company’s control (e.g. weather conditions, mechanical failures, acts of God, delay of aircraft delivery, etc.). This provision is NOT meant to allow the Company to maintain the Company fleet and/or Pilot staff levels below those which would normally be required to maintain operational integrity (operational spares/reserve crews). b) The Company may enter into wet leases or charters under other circumstances for a period of up to ninety (90) Days provided such wet leasing or chartering does not result in layoff or reduction in Base, Status or Equipment of Jazz Pilots. The Company shall advise the Association of such wet leases. The Company shall not renew, extend or enter into such leases beyond ninety (90) Days without mutual agreement between the Company and the Association.

Wet Leasing. ‌ ‌ .01 Notwithstanding Section 2-2 (FLYING) above, wet leases (i.e. contracting with another company for the provision of an aircraft with crew) may be entered into by the Company under the circumstances listed in (a) and (b) below, provided that such leases are not entered into with a company(s) that has been declared as common employer under the Canada Labour Code. a) To carry out flying on a temporary basis due to lack of available aircraft for reasons beyond the Company’s control (e.g. weather conditions, mechanical failures, acts of God, delay of aircraft delivery, etc.). This provision is NOT meant to allow the Company to maintain the Company fleet and/or Pilot staff levels below those which would normally be required to maintain operational integrity (operational spares/reserve crews). b) The Company may enter into wet leases or charters under other circumstances for a period of up to ninety (90) Days provided such wet leasing or chartering does not result in layoff or reduction in Base, Status or Equipment of Jazz Pilots. The Company shall advise the Association of such wet leases. The Company shall not renew, extend or enter into such leases beyond ninety (90) Days without mutual agreement between the Company and the Association.