Flexjet Lease Components

Flexjet offers a wide range of private travel options, including jet leasing. But is leasing right for you? Here are some things to know about a private jet lease from Flexjet.

Flexjet Lease Benefits

A unique benefit of Flexjet's lease program is Versatility Plus. This feature allows you to customize your annual flight hours to align with the actual number of flight hours you require each year. This option can provide significant savings by making up to 25% of your hours available to other Owners within the Versatility Plus pool. If you're flying less than expected, reduce your costs by selling hours to other Flexjet owners. If you're flying more than you expected, you may also purchase hours from other Flexjet owners in the same or different cabin types.

Flexjet brings a whole new approach to private international travel, with our new Global Access program. An industry first, World Access brings a dynamic pricing model to the international travel and jet lease space. As the length of your trip increases, the hourly rate decreases, providing an attractive economic solution for long-distance travel.

Depending on your ownership level, you may use up to five aircraft in one day. Multiple-use benefits are based on the total number of share hours you own rather than share size within a single aircraft.

Phenom 300 Legacy 450 Praetor 500 Challenger 350 Gulfstream G450 Gulfstream G500 Gulfstream G650

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Flexjet Programs Compared

Flexjet Programs Compared
Fractional Lease Jet Card
Estimated Annual Flight Hours 50+ 50+ 1-49
Purchase Increments 50-hour minimum
(25-hour increments)
50-hour minimum
(25-hour increments)
25-hour minimum
Contract Commitment Maximum term: 60 months - Minimum term: 30 months Maximum term: 60 months - Minimum term: 30 months Maximum term: 24 months - Minimum term: 25-hour deposit
Call Out Time 10-hours 10-hours 24-hours

About Private Jet Leasing

As a private travel company, Flexjet offers a wide range of private aircraft services including jet leasing. But is leasing right for you? Here are some things to know about leasing a jet.

Designed for travelers who fly 50 or more hours per year yet wish to avoid a large capital deployment, leasing provides access to multiple aircraft types and sizes. Plus, our team of aviation experts handles every aspect of your travel and ownership experience.

Here are some of the significant components surrounding the lease and operation of your aircraft:

  • Security Deposit: A fully refundable deposit upfront based on aircraft and allocation of hours.
  • Monthly Lease Payment: A fixed-rate amount based on aircraft and annual flight hours allocation.
  • Monthly Management Fee: Covers the indirect costs of operating an aircraft, including pilot training, insurance, crew provisions, cabin support, and administrative costs.
  • Hourly Rate: Charged for each hour an aircraft is in-flight, plus 2/10 taxi time. This rate also includes direct costs associated with maintenance, standard catering, engine costs, and pilot fees.
  • Incremental Purchasing Power: Add 25-hour blocks of flight time to accommodate changes to your travel needs, or, purchase hours from fellow Owners through Flexibility Plus.
  • Aircraft Flexibility: Choose from seven unique aircraft to accommodate your range and passenger needs.
  • Flexible Contract Commitments: A minimum 30-month term up to a maximum term of 60 months.
  • Short Call Out Time: As a Flexjet leaseholder, book a flight with as little as 10 hours** advanced notice.
  • Fuel Component Adjustment: Added to the base hourly rate to account for fluctuations in the cost of fuel, which varies monthly.

*Certain federal and state taxes may apply.
**Certain terms and conditions apply.

While each provider is unique, leasing requires an initial capital outlay that falls between that associated with fractional ownership and a jet card. Without having to take on the upfront costs of owning an asset, including depreciation risks, leasing with Flexjet is a smart choice for those who desire the benefits of fractional ownership but wish to avoid a large upfront investment.

Additionally, leases are an attractive option for corporate flight departments as they qualify as a "travel expense" rather than an owned "asset".

At their core, private charter programs offer a "pay as you go" solution to private travel, but that "fly and forget" convenience comes with several costs that may make you wonder why you chose charter over commercial in the first place.

In a charter environment, your travel needs are still subject to the supply and demand dynamics of an ever-changing market, which often includes your aircraft and crew. Additionally, it must be noted that due to high demand and limited fleet sizes, aspects such as safety, reliability, and availability - to say nothing of flexibility - can become an issue with chartered flights.

Leasing, on the other hand, minimizes your exposure to market demands and increases safety, reliability, and availability thresholds while offering a less capital-intensive solution to outright ownership. Leasing with Flexjet provides you with guaranteed access to aircraft, highly experienced pilots, predictable costs.

While there are some longer-term financial advantages to outright ownership for those who require significant amounts of flight time and last-minute itineraries, newer leasing and fractional ownership instruments begin to blur the lines that once separated ownership experiences from leasing experiences.

By leasing, you will avoid the substantial premium and capital risk associated with outright ownership while still enjoying flexibility in terms of aircraft access and flight availability during high-traffic portions of the calendar. Additionally, when you lease from Flexjet, you will benefit from industry-leading inflight experiences, access to the latest fleet of aircraft, and a dedicated team of experts to assist you with all of your private aviation needs.