Wet-lease aircraft vs dry-lease aircraft – what is the difference?

The differences between wet-lease and dry-lease aircrafts

The distinguishing factor between wet-lease and dry-lease aircraft is who has operational control. In a wet-lease situation, the lessor maintains operational control of all flights whilst providing aircraft and crew, whereas with dry-lease the lessee provides its own crew and exercises control.

It is important to understand the difference between wet and dry-leases because each situation has varying regulatory obligations and requirements. Failure to comply with appropriate legal requirements can result in problems for all involved.