Executive Jet Leasing
An alternative to purchasing an aircraft, leasing gives you the freedom of having a private jet at your disposal with greater liquidity in the long-term. Lease terms vary and you might lease an entire bizjet or join a fractional membership program as part of your leasing arrangement. But leasing a jet is usually less expensive than purchasing or financing the jet while giving you the same luxury and convenience of full or fractional ownership.
Leasing an aircraft gives you more options in the long-term when it comes to your private jet. Leasing is most commonly associated with fractional ownership. This means you lease a portion of a specific jet along with other partners. Each member owns shares of a jet independent of each other. Leasing your shares allows you to spend less each month on the cost of the plane and gives you the freedom to walk away at the end of the lease contract should you want to keep your options open. You also have the freedom, in most cases, to renew your contract or start a lease on a new private jet in the same fractional program.
When leasing a jet, you are able to take advantage of some tax benefits, but you will not be making the same long-term investment that you would be purchasing a jet or a fraction of a jet outright. Leasing has additional costs associated with setting up the lease program and relinquishing ownership to others. Specifically, the managing company will charge you, should you walk away, the cost of finding a replacement owner.