A dry-lease agreement refers to

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Multiple Choice

A dry-lease agreement refers to

Explanation:
A dry-lease means the aircraft is supplied by the lessor without any flight crew. The lessee handles everything related to operating the aircraft, including providing the pilots, crew, and most operational duties. That’s why this option—describing the lease as the aircraft being leased with no crew—fits best. The other scenarios describe setups where the lessor provides a full crew (that’s a wet lease), or include maintenance or a pilot’s salary as part of the lease, which aren’t the defining features of a dry lease.

A dry-lease means the aircraft is supplied by the lessor without any flight crew. The lessee handles everything related to operating the aircraft, including providing the pilots, crew, and most operational duties. That’s why this option—describing the lease as the aircraft being leased with no crew—fits best. The other scenarios describe setups where the lessor provides a full crew (that’s a wet lease), or include maintenance or a pilot’s salary as part of the lease, which aren’t the defining features of a dry lease.

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