wet lease agreement definition

wet lease agreement means an agreement:
wet lease agreement means an agreement between air carriers pursuant to which the aircraft is operated under the AOC of the lessor;
wet lease agreement means an agreement between operators pursuant to which the balloon is operated under the responsibility of the lessor;

More Definitions of wet lease agreement

wet lease agreement means an agreement:– in the case of CAT operations, between air carriers pursuant to which the aircraft is operated under the AOC of the lessor; or– in the case of commercial operations other than CAT, between operators pursuant to which the aircraft is operated under the responsibility of the lessor;
wet lease agreement means an agreement under which one carrier leases an aircraft with flight crew to another air carrier. [ER–755, 37 FR 19726, Sept. 21, 1972, as amend- ed by Xxxx. 241–58, 54 FR 5590, Feb. 89, 1989] EDITORIAL NOTE: For FEDERAL REGISTER ci- tations affecting Section 03, see the List of CFR Sections Affected, which appears in the Finding Aids section of the printed volume and at xxx.xxxxx.xxx.
wet lease agreement means an agreement between commercial air transport operators where the aircraft is operated under the Air Operator Certificate of the lessor.
wet lease agreement means the Aircraft Wet Lease Agreement dated as of June 3, 1997 between Express Airlines I, Inc. and Mesaba.
wet lease agreement means an agreement between commercial operators holding a valid AOC in accordance with OR.OPS.015.AOC or an authorisation in accordance with Part TCO pursuant to which the aircraft is operated under the AOC of the lessor;
wet lease agreement means an agreement between air carriers where the aircraft is operated under the AOC of the lessor;
wet lease agreement means a lease agreement under which maintenance, risk of loss and operational control of a leased aircraft is retained by lessor (which shall, in particular, involve the aircraft remaining under the control of a cockpit crew employed or contracted by, or seconded to, lessor) and which also provides that, throughout the term of such lease: