Operating leases are generally short-term (less than 10 years in duration), making them attractive when aircraft are needed for a start-up venture, or for the tentative expansion of an established carrier. The short duration of an operating lease also protects against aircraft obsolescence, an important consideration in many countries due to changing noise and environmental laws. In some countries where airlines may be deemed less creditworthy (e.g. the former Soviet Union), operating leases may be the only way for an airline to acquire aircraft. Moreover, it provides the flexibility to the airlines so that they can manage fleet size and composition as closely as possible, expanding and contracting to match demand.
One particular type of operating lease is the wet lease, in which the aircraft is leased together with its crew. Such leases are generally on a short-term basis to cover bursts in demand, such as the Hajj pilgrimage. Unlike a charter flight, a wet-leased aircraft operates as part of the leasing carrier's fleet and with that carrier's airline code, although it often retains the livery of its owner.

Charter Jet One assessment of prospective carriers includes an evaluation of each jet’s crew, including flight concierge, pilots and flight attendants. Servers onboard a jet chartered by CJ1 are experienced professionals in the field. They are discreet, attentive, hard-working and as visible as you would like them to be. We are confident you’ll be satisfied with our corporate concierge services.


Stratos Jet Charters, Inc. Serves As An Agent For Air Charter Services On Behalf Of Our Clients. All Aircraft And Air Carriers Selected By Stratos Jet Charters Are Fully Certified By The Federal Aviation Administration And The U.S. Department Of Transportation Under Part 135 Regulations. Carriers Are Solely Responsible For The Air Transportation Arranged On Behalf Of Stratos Jet Charters Clients. Stratos Jet Charters Does Not Own Or Operate Any Aircraft. Stratos Jet Charters Is Not A Direct Or Indirect Air Carrier. All Flights Chartered Through Stratos Jet Charters Are Operated By Part 135 Air Carriers. © 2007-201​8 STRATOS JET CHARTERS, INC. ALL RIGHTS RESERVED.

There are some significant additional caveats to discount private plane travel. Often these deals are only for one-way flights, so they will then need to find an alternative way back. It’s also important to understand that there may be extra fees added to the cost of your flight — such as airport or landing fees — so read the contract to determine what’s included and what’s not. De-icing fees, for example, can be significant and may be passed on to consumers, says Jeff Trance, the SVP of private jets for the U.S. for jet charter company Air Partner.
Fliers with flexibility should sign up for empty-leg email lists of companies like Magellan Jets, who regularly send out emails selling discounted flights from, say, the plane of a corporate exec who flew to Los Angeles but is looking to offset his cost of getting the plane back to New York. “I wouldn’t say that the cost of flying private has gone down, but there are new ways of pricing charter that makes it more accessible,” says David Zipkin, co-founder and VP of Tradewind, the service known for semi-private flights in the Northeast and Caribbean. “In our case, we save people money with our shared charters, and we also sell discounted empty legs.”
Air Charter Service arranges helicopter charters, private jet aircraft and executive airliner charters, as well as a huge range of small specialist personal aircraft, for a variety of clients including senior business executives, celebrities and royalty. Our team is also able to provide urgently required medical charters to sick and injured patients. Our dedicated charter experts can arrange your private jet booking and are available 24/7, just submit a private jet quote to contact yours now.
There are some significant additional caveats to discount private plane travel. Often these deals are only for one-way flights, so they will then need to find an alternative way back. It’s also important to understand that there may be extra fees added to the cost of your flight — such as airport or landing fees — so read the contract to determine what’s included and what’s not. De-icing fees, for example, can be significant and may be passed on to consumers, says Jeff Trance, the SVP of private jets for the U.S. for jet charter company Air Partner.
Operating leases are generally short-term (less than 10 years in duration), making them attractive when aircraft are needed for a start-up venture, or for the tentative expansion of an established carrier. The short duration of an operating lease also protects against aircraft obsolescence, an important consideration in many countries due to changing noise and environmental laws. In some countries where airlines may be deemed less creditworthy (e.g. the former Soviet Union), operating leases may be the only way for an airline to acquire aircraft. Moreover, it provides the flexibility to the airlines so that they can manage fleet size and composition as closely as possible, expanding and contracting to match demand.
Discover fascinating peoples, places and celebrations in intimate and unforgettable ways on this spectacular new journey by private jet. Travel on an exclusive 23-day itinerary packed with insider access, fine dining and invitation-only cultural events curated by our local experts. Following a boldly imagined route, explore Japan, Mongolia, Nepal and Bhutan, India, Abu Dhabi, Jordan and Sicily. And stay in one-of-a-kind accommodations throughout, from a comfortable ger camp with en suite baths to Dwarika’s, a UNESCO World Heritage Site.

Extendible operating lease: Although an EOL resembles a finance lease, the lessee generally has the option to terminate the lease at specified points (e.g. every three years); thus, the lease can also be conceptualized as an operating lease. Whether EOLs qualify as operating leases depends on the timing of the termination right and the accounting rules applicable to the companies.
Operating leases are generally short-term (less than 10 years in duration), making them attractive when aircraft are needed for a start-up venture, or for the tentative expansion of an established carrier. The short duration of an operating lease also protects against aircraft obsolescence, an important consideration in many countries due to changing noise and environmental laws. In some countries where airlines may be deemed less creditworthy (e.g. the former Soviet Union), operating leases may be the only way for an airline to acquire aircraft. Moreover, it provides the flexibility to the airlines so that they can manage fleet size and composition as closely as possible, expanding and contracting to match demand.
With a charter flight, you rent the entire aircraft, rather than just one seat. The aircraft can be large or small, and flights can be one-way or round-trip. The charter could be made on a flight-only basis, might include ground services such as transportation to or from meetings or could be part of a complete vacation package. Charter flights offer more flexibility than scheduled flights, with a wider choice of destinations and tailor-made itineraries.
Private jets are available in a wide variety of sizes, classes and models, each with different capabilities suitable for different missions and preferences. From an efficient Light Jet with seating up to 7, to a luxury Ultra Long Range Jet seating up to 19. Our network of certified private jets includes jets for any need. View specifications for each jet, or contact us for a custom consultation on which jet is best for your next charter flight.
Some other examples of prices come from Avinode, which powers a charter marketplace for brokers and operators and gathers a large amount of data on pricing. Their recent data shows the average price per hour for return trips, for various aircraft. As noted above, these rates can vary depending on when you fly, where you fly and if your flight is one way or return, plus landing fees, ramp fees and any repositioning can all add to the costs. Always ask for a fully inclusive quote from your broker or operator.
Finance leasing is attractive to the lessee because the lessee may claim depreciation deductions over the aircraft's useful life, which offset the profits from the lease for tax purposes, and deduct interest paid to those creditors who financed the purchase. This has made aircraft a popular form of tax shelter for investors, and has also made finance leasing a cheaper alternative to operating leases or secured purchasing.

Monarch Air Group provides on-demand air charter services to New York and countless domestic and international destinations. Through select joint venture agreements, we provide an extensive fleet for private, group and executive air charter flights. Our industry experience makes us a leading provider of private jet services to an elite international clientele.


Some prefer more specific terms that may include a manufacturer’s name along with the aircraft model number, and configuration features such as a distinct cabin layout or upgraded avionics package. However, even using very specific terms when searching for aircraft for sale online may miss some listings due to variations in identification; for example, “Gulfstream G550” vs. “Gulfstream G-550.” More inclusive searches, such as “Gulfstream, large-cabin jet” yield more results.
In the United States, business aircraft may be operated under either FAR 91 as private operations for the business purposes of the owner, or under FAR 135 as commercial operations for the business purposes of a third party. One common arrangement for operational flexibility purposes is for the aircraft's owner to operate the aircraft under FAR 91 when needed for its own purposes, and to allow a third-party charter-manager to operate it under FAR 135 when the aircraft is needed for the business purposes of third parties (such as for other entities within the corporate group of the aircraft's owner).[16]
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