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How to lease a private jet

By Edited Nov 13, 2013 1 0

Leasing a jet is a good option available to people who would like to avoid the delays and hassles involved with commercial flying. There are rules that you must know before leasing a private jet. You should also be aware of many regulations involving the use of a private jet.


Things You Will Need

pen and paper

Step 1

Read the FAA rules. The FAA will require you to have a pilot and crew. This isn't the only requirement that you have before leasing a private jet. They will also make you register as someone using a private jet. To do this, you will need to contact the FAA during regular business hours and ask them about the requirements for a private jet.


Step 2

Pick a Jet leasing company. Every company offers the ability to lease jets obviously, but only certain companies will do this at a reasonable price. You will need to go online and do an independent review of each company to determine the best value for your money. You should always go for the big company's that have been in business the longest, as these company's can afford larger discounts than the smaller leasing company's. Your local airport will offer some information about private jets and FAA requirements.


Step 3

Arrange to have the captain and crew meet. The FAA requires that you have a pilot with a certain amount of experience. Freelance pilots will often fly private jets for a fee. This fee depends on the pilots experience and personal requirements. Some company's will connect the flyer and pilot for a small fee.


Step 4

Consider becoming a member of a private jet charter. You will not be required to lease a jet in this case. Instead, you will be required to pay a monthly fee. In exchange, you will receive a private jet chartered for you and available 24 hours per day. This is obviously cheaper than leasing a jet but still an option to consider.


Step 5

Negotiate lease agreement. You will need to read over the lease contract and discuss this with an attorney. You should read the terms of agreement and ask questions about what you don't understand. You should also try to negotiate the lease agreement down to something you are comfortable with.


Step 6

Get a decision from the FAA. Before you fly across the country or to another country, be aware of FAA rules and regulations. Before you can fly, you must submit an application to the FAA. This application will ask you to list a pilot and crew. It has other requirements, but the main point is to get an "ok" from the FAA before flying.


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