How Much Does it Cost to Lease a Private Jet? Long-Term Pricing Explained

Wondering how much it costs to lease a private jet? Leasing offers long-term access to an aircraft without full ownership, with costs ranging from $100,000 per month to over $700,000 per year. Pricing depends on aircraft size, lease structure, and included services.

Private Jet Leasing Options

Unlike on-demand charters, leasing gives consistent access to an aircraft. There are two main structures:

• Dry Lease: You lease only the aircraft. Crew, insurance, fuel, and maintenance are your responsibility.
• Wet Lease: Includes the aircraft plus crew, maintenance, and insurance, often at a higher cost.

Average Lease Costs by Jet Type

Private jet lease pricing varies widely by aircraft size and performance. Below are typical ranges:

• Turboprops: $50,000 – $100,000 per month
• Light jets (Phenom 300, Citation CJ3): $100,000 – $150,000 per month
• Midsize jets (Learjet 60, Citation XLS): $150,000 – $250,000 per month
• Heavy jets (Challenger 650, Gulfstream GIV): $300,000 – $500,000 per month
• Long-range jets (Global 6000, Gulfstream G650): $500,000 – $700,000+ per month

Factors That Influence Lease Pricing

Several elements determine how much it costs to lease a private jet:

• Lease duration: Longer terms (12+ months) often come with lower monthly rates.
• Aircraft model: Newer and larger jets carry higher lease fees.
• Maintenance & crew: With wet leases, these costs are bundled in; with dry leases, you pay separately.
• Usage limits: Some leases cap flight hours per year (e.g., 200–400 hours).
• Location: Operating from premium airports can add significant fees.

Example Lease Scenarios

Here are sample scenarios for leasing a private jet:

• Light jet dry lease: $120,000 per month, excludes fuel and crew.
• Midsize jet wet lease: $220,000 per month, includes pilots and maintenance.
• Heavy jet annual lease: $3.5M – $5M per year, with usage capped at 400 flight hours.

Frequently Asked Questions

How much does it cost to lease a private jet for a year?

Annual leases typically range from $1.2 million for light jets to over $7 million for long-range aircraft, depending on structure and usage limits.

Is leasing cheaper than owning a private jet?

Yes. Leasing avoids upfront purchase costs, which can exceed $10 million, while still providing guaranteed access to the aircraft.

Do leases include crew and insurance?

It depends. Wet leases include crew, insurance, and maintenance. Dry leases only cover the aircraft itself.

Can individuals lease a private jet, or is it only for businesses?

Both individuals and corporations can lease jets, though most long-term agreements are structured with business use in mind.

What is the minimum lease term for a private jet?

Lease terms often start at 3–6 months, with yearly leases being the most common for consistent travelers.

To learn more about private jet rentals and leasing options, visit PrivateJetTravel.com.

Conclusion

Leasing a private jet can cost anywhere from $100,000 per month to over $700,000+ per year, with final pricing shaped by jet type, lease structure, and services included. For those who fly often but don’t want full ownership responsibilities, leasing offers a flexible middle ground.

For tailored private jet lease quotes or to explore available aircraft, visit PrivateJetTravel.com.