Q. Consider the following statements:
1.Wet leasing an aircraft means that the organization who owns the aircraft will provide that aircraft as well as one or more crew members to the lessee.
2.Dry leasing refers to leasing of aircraft without crew members.
Select the correct statements using the codes given below:

[A] 1 only

[B] 2 only

[C] Both 1 and 2

[D] Neither 1 nor 2

Answer: C
Notes:

Explanation – Wet leasing means taking the plane along with operating crew and engineers, while dry leasing refers to taking only the aircraft on rent.

Source: The Indian Express

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