ContractWet Lease Agreement • June 6th, 2024
Contract Type FiledJune 6th, 2024A wet lease does not include a code-sharing arrangement.” Leasing of an aircraft without the crew is considered to be a dry lease A PDF document that contains the agreement between TITAN and the Lessee for wet leasing the Aircraft, including definitions, conditions precedent, indemnity, and obligations. The aircraft is leased without crew, insurance, fuel, or maintenance costs, which means that the lessee will not have to worry about payroll and other related operating expenses. TitleCFR part, § defines a wet lease as “any leasing arrangement whereby a person agrees to provide an entire aircraft and at least one crewmember. The agreement is in English and has clauses and annexes for various aspects of the wet lease AMP Aircraft Maintenance Program AOG Aircraft-On-Ground APU Auxiliary Power Unit AR Authorized Representative ARC Airworthiness Review Certificate ARL Aircraft Readiness Log ASL Aircraft Serialization Listing ATC Air Traffic Control AWL Airworthiness Limitation BAA Bilateral