Glossary of Terms |
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Here are some
commonly used aviation terms: |
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FARs |
The Federal Aviation
Regulations. |
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Part 91 |
Part 91 of the FARs,
which applies to noncommercial aircraft. |
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Part
135 |
Part 135 of the
FARs, which applies to charter aircraft. |
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Part
121 |
Part 121 of the
FARs, which applies to airlines. |
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Part
125 |
Part 125 of the
FARs, which applies to large civil aircraft. |
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Wet
Lease |
A lease of the
aircraft and crew. Sometimes refers to lease of
aircraft with fuel. |
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Dry
Lease |
A lease of the
aircraft without crew. |
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Interchange |
An exchange of wet
leases, on an hour for hour basis. |
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Timeshare |
A wet lease of an
aircraft for which limited charges can be made. |
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