The Price of an Aircraft For Lease

The Price of an Aircraft For Lease

Since the inception of aircraft as a mode of transportation, people who have a bit more money than most, seek ways to either fly an aircraft or even own or lease an aircraft. A leasing option on an aircraft can be very reasonable for wealthier individuals because they do not have to come up with such a high down payment and have the option to buy at the end of the lease.

As with leasing anything else, there are many facets to the lease which makes it vary substantially. The biggest factor in the determination of the price the lease depends on the type of aircraft. The different types of aircraft for lease are:

-Airliners
-Business Jets
-Helicopters
-Freight craft
-Utility craft
-Touring craft

Not only does the type of aircraft have a bearing on the lease terms, so does the exact model and manufacturer of that model; and, there are hundreds of models for each manufacturer! Since there is such a large range of fees to lease an aircraft, it helps to know where to start from. Most smaller jets cost about 10,000 per hour to lease, and about one million per year if leasing yearly. But, it skyrockets from there. To lease a large airliner or utility craft, you are looking at hundreds of millions per year and up to as much as $2 billion for some of them.

Obviously, there are few people in this world that can afford to lease an aircraft. Therefore, these prices are not seen everywhere as advertising this would be pointless. Only about 2% of Americans could even consider such an expense - this is why most modes of advertising do not include aircraft for lease in the classified ad section.