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waiting time: That time that the chartered aircraft and crew must wait on the ground during any portion of the trip.

wholesale buyer: charter broker or charter operator that you allow to represent your aircraft to their customers.

wholesale quote: Quote provided to a wholesale buyer for the purpose of resale. Applies wholesale rates and does not include taxes or end-user assessed fees. Also known as a net/net quote.

wholesale rates: Discounted hourly rates offered to wholesale buyers for purpose of resale. Industry average is a 5% discount but the rate varies according to agreements between individual charter operators and charter brokers.