Long-term aircraft lease is the lease of a certain type of aircraft with a crew for a long period (at least 2-3 months) with a guaranteed minimum flight hours per month (usually from 40 hours or more). The contract is concluded with both individuals and legal entities If you often use business aviation planes and you need a plane with readiness to take off in 2-3 hours in the city where you are now, then long-term lease of an aircraft with a crew is most likely suitable for you. Read more about our experience in our article on long-term jet charter
Who is a long-term aircraft rental suitable for?
Long-term aircraft rental is suitable for both individuals and legal entities who fly at least 40-50 hours per month or more. It is also a good idea to rent a plane for several people and share the hours among themselves (Private Jet share). For example, 5 people rent a Challenger 605 jet (50 hours per month) and distribute these hours among themselves. In this case, we get significant savings on aircraft rental for everyone.
What is included in the cost of renting an aircraft?
You pay the operator a minimum number of hours per month and this amount is usually 40-60 hours and depends on the type of aircraft. For light aircraft this is 40 hours, for heavier aircraft, such as the Challenger 6055 or Legacy 600, at least 60-80 hours per month are required. You pay the minimum number of hours per month, but you can fly as much as you need. Each additional hour after the guaranteed hours are spent (we take conditionally 40 hours) is paid additionally at a cost that is negotiated in advance and fixed in the contract. In the case of renting an aircraft in our company, you will be assigned a personal manager who will be available 24 hours a day and who will resolve all issues related to ordering an aircraft and performing a flight.
Example: calculation of long-term lease of Hawker 850XP aircraft: The customer requested to select the aircraft with the best price for the transportation of 3-6 passengers based in the city of Geneva, since the client lives in Geneva. The customer indicated that the geography of flights is 70% within Europe and 30% abroad. Our company picked up a Hawker 850XP aircraft (2008, 8 seats) with EU registration and a professional crew. Separately, several well-established flight attendants were offered to choose from.
After negotiations with the airline, we managed to agree on 40 hours per month at a cost of 4,000 euros per hour, this is the minimum guaranteed number of flight hours per month. This means that the client can fly in only 2-3 hours for the entire month, but will be obliged to pay for all 40 hours. Since 40 hours either need to fly out, or they burn out. The cost of an hour of flight includes aircraft rental, crew work, fuel, airport taxes (or a certain part) *.
Additional payments are made for VIP terminal and VIP catering for each passenger, aircraft de-icing, aircraft parking at airports outside the home airport.
The total of a Hawker 850XP jet rental of 40 hours per month = 160,000 euros + additional variable costs ex post (about 14,000 euros). The total is 174,000 euros for 40 hours per month turnkey price. * Data is provided as an example and may differ from aircraft type, airline and customer requirements. What is included or not included in the cost of an hour of flight is always discussed at the discussion stage and then fixed in the contract. All third party invoices at the end of the month are issued together with a full report on the consumption of hours and additional costs.
Here are more examples of the cost of a long-term aircraft rental Business jet Learjet 45, 6 seats Dry Lease: $ 60,000 per month ACMI: $ 215,000 per month (Up To 50 Block Hours)
Challenger 300, 9 seats. Dry Lease: $ 75,000 per month ACMI: $ 290,000 per month (Up to 50 Block Hours)
Challenger 604/605, 10-12 seats Dry Lease: $ 110,000 per month ACMI: $ 330,000 per month (Up to 50 Block Hours)
Global Express, 14-16 seats Dry Lease: $ 265,000 per month ACMI: $ 475,000 per month (Up To 50 Block Hours)
What affects the cost of long-term aircraft rental:
1) Type of aircraft - the higher the class of the aircraft, the more expensive it is to rent.
2) Minimum guaranteed paid number of hours. The more flying hours per month you have, the cheaper the cost per hour. The airline is always interested in flying more, so it will offer more favorable conditions for a long flight.
3) Home airport. All major popular airports in Russia (Moscow, St. Petersburg, Sochi, etc. will cost much more and will have a greater impact on the rental price than cities such as Ufa, Samara, Yaroslavl, etc.)
4) Flight route. Some airports are considered more expensive than others.
Pros and cons of long-term aircraft rental.
Advantages of long-term charter of an aircraft with crew:
1) Renting any type of aircraft that suits you
2) Guarantee of aircraft availability and availability 24/7
3) The plane is ready for departure in a maximum of 1-3 hours.
4) Dedicated manager to you
5) There are no restrictions on the number of flights and hours
6) The geography of flights is the whole world. Russia and abroad.
7)The aircraft and crew are exclusively assigned to you for the entire rental period.
8) Fixed payment for flying hours.
In fact, you become the owner of a private jet for a certain period.
Disadvantages of long-term aircraft rental:
Fixed fee for minimum flight time per month (Usually at least 40 hours).
If you have not spent your hours, then they most often “burn out” (The minimum guaranteed flight time must be paid, even if you have not spent your hours). But we most often ensure that the clock is moved to the next month.
Long-term aircraft leasing provides all the benefits of owning a private jet, but does not involve purchasing one. You always know that at any time your plane with a professional crew is waiting for you at the airport, ready to go along any route. A dedicated JetVip manager is in touch with you around the clock, who will track, check and provide a full report on all expenses and movement of the aircraft.
Long-term lease agreements typically offer better terms than short-term leases or purchasing your own aircraft. This may include reduced rates and additional benefits.
Long-term private jet charter is an innovative solution that brings many benefits to businesses. It is a tool for optimizing time, increasing productivity and reducing costs. Imagine a business where you control your movements in the air and every flight is an optimized experience. Long-term charter of a private jet allows you to travel distances with maximum comfort and efficiency.
We have accumulated extensive experience in long-term rental of aircraft of various types and for any purpose. We are ready to advise and explain all the intricacies of this service. We will find out the exact problem and offer the best options specifically for your requirements. How much and how to fly is only your choice, and our task is to make you the best offer on the business aviation market for aircraft rental.
You can write a lot of beautiful words to confirm our work, but the objective reviews of our regular customers who rent aircraft for a long term will speak best for us.
Long-term aircraft rental order is available 24/7 (7 days a week)
Tel.: +43 676 3612423
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