Wet lease for those wet behind the ears

Airline industry jargon can be notoriously difficult to understand. For instance, code shared flights aren’t about secrets a la Da Vinci, as much as APEX fare isn’t the highest. In all probability, you may toss in sleep if told about ghost seats, and be disappointed when free stopovers aren’t enjoyable. Open jaw ticketing can make many a jaw drop, and yield management may remain as inscrutable as any other management term. And there are more, such as double booking, standby travel and tier pricing, which you can pick up on www.skitrips.net/faqs/air/jargon.html.

However, a phrase that is missing on SkiTrips is `wet lease’, that often pops up in news. `Pilot shortage leads Air India to seek wet-leases,’ reads the headline of a Singapore-datelined report by Leithen Francis on www.flightglobal.com. “The national carrier is seeking up to four long-haul aircraft, two to be wet-leased for 11 months starting 1 October and two to be wet-leased for 21 months starting on October 1, according to details in a tender document posted on Air India’s website,” writes Francis.

Inability to get `enough captains’ is the reason for `seeking wet-leases rather than dry-leases’ informs a snatch, citing AI’s spokesperson. If `wet lease’ is airline-speak that makes you realise that you are wet behind the ears, or leaves you high and dry, here is a zero base to help.

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