Private Jet Lease or Charter — Which One You Actually Need
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Private Jet Lease or Charter: Which One You Need

The two words are used as if they meant the same thing. They do not, and the difference decides what you sign, what you pay and who carries the aeroplane. Here is how to tell them apart in a minute - and which of the two we arrange.

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The short answer

If you need an aircraft for a journey - a date, a route, a number of seats - that is a charter, and that is what we arrange. If you need an aircraft at your disposal for months at a time, with a minimum number of hours and an operating commitment, that is a lease, and we do not offer it. Most people who type the word "lease" into a search box turn out to need the first one.

Charter, in plain terms

You book a specific aircraft for a specific flight. The operator provides the crew, the fuel, the insurance and the handling; you provide the dates, the passengers and the bags. You pay for that flight and nothing else, and when you land the arrangement is over.

You commit to
one trip
No minimum hours, no term, no notice period
Crew
the operator's
Employed, trained and rostered by the operator, not by you
You pay
per flight
A quoted price for the sector, agreed before you fly

Lease, in plain terms

A lease puts an aircraft at your disposal for a defined term. It comes in two shapes, and the difference between them is who runs the aeroplane.

Dry leaseWet lease
What you receiveThe aircraft aloneAircraft, crew, maintenance and insurance
Who employs the crewYou, or an operator you appointThe lessor
Who holds the operating certificateYou need one, or a partner who has oneThe lessor
Typical termMonths to yearsWeeks to months
SuitsAirlines and operators adding capacityOperators covering a gap or a seasonal peak
A lease is an operating arrangement between aviation businesses far more often than it is a way of travelling. If nobody in the conversation has mentioned an operating certificate, the word being used is probably not the one that is meant.

How to tell which one you need

Four questions settle it without any aviation vocabulary at all.

QuestionCharterLease
How often will the aircraft fly?A trip, or a handful of tripsContinuously, over a term
Do you want the aircraft standing by when you are not using it?NoYes - that is the point
Are you prepared to commit to a minimum number of hours?NoYes
Do you want anything to do with crew rosters, maintenance and insurance?NoPossibly, on a dry lease

Three answers in the left column mean you are looking for a charter. If you are not sure, tell us the trip you have in mind and we will say plainly which of the two it is - including when the honest answer is that a lease suits you better and we are not the right people.

Why the two words get mixed up

In everyday English "lease", "rent" and "hire" all mean paying to use something that belongs to somebody else, so a traveller reaches for whichever comes first. In aviation the words are not interchangeable: a lease is a term arrangement with obligations attached, a charter is a flight. Neither is a better deal than the other in the abstract - they answer different questions.

If you arrived here having searched for a jet to lease and what you actually pictured was flying somewhere next month, the pages below are the ones you want.

What we arrange

Diamond Executive Aero Services arranges private charter flights worldwide, with an office in Cyprus. We do not lease aircraft and we do not broker leases.

Tell us the trip and we will tell you which one you need

Tell us your dates and how many of you there are. Your dedicated flight advisor will come back with aircraft options and a firm price.

Popular routes

Questions we are asked about leasing

These are the questions that bring people to this page. The answers are the same ones we give on the telephone.

What is the difference between leasing and chartering a private jet?
A charter is a single flight: the operator supplies the aircraft, the crew, the fuel and the insurance, and you pay for that flight. A lease puts an aircraft at your disposal for a defined term, usually with a minimum number of hours and an operating commitment attached.
Do I need a lease if I fly a few times a year?
Almost certainly not. A lease is worth its obligations when an aircraft flies continuously over a term. For occasional trips a charter costs less and commits you to nothing beyond the flight you book.
What is the difference between a dry lease and a wet lease?
A dry lease is the aircraft alone: you or an operator you appoint provide the crew, the maintenance and the insurance, and you need an operating certificate. A wet lease includes the aircraft, the crew, the maintenance and the insurance, and the lessor keeps the operating responsibility.
Does Diamond Executive Aero Services lease aircraft?
No. We arrange private charter flights, jet sharing, empty legs and helicopter transfers. We do not lease aircraft and we do not broker leases.
Are there corporate jets for lease through Diamond Executive Aero Services?
No. We do not lease aircraft and we do not broker leases, for corporate clients or anyone else. What we do arrange is the flight itself: a whole aircraft on your dates, a seat on a shared flight, or an empty leg. If a lease is genuinely what your flying pattern calls for, we will say so plainly rather than sell you something else.
How much does it cost to lease a private jet compared with chartering one?
A lease carries a term commitment, a minimum number of hours and the operating obligations that come with them, so the meaningful comparison is annual cost against annual usage rather than one flight against another. As a rule of thumb, below roughly two hundred hours a year chartering each flight costs less and commits you to nothing. Tell us how much you actually fly and we will do the arithmetic with you, including the case where the answer is that you do not need us.