The first step
Choose the kind of aircraft you have to lease. Commercial airline jets are larger and are capable of carrying more products. Private jets are sometimes luxurious, but since they are private, they are more expensive. It is also possible to lease airplanes and helicopters of various sizes.The second step
Find the specific jet you are about to lease. Research the market for leasing companies and private jets that will meet your requirements. Different companies have different rates and policies.. Try to locate available jets on the Internet or locally. Scrutinize them for their quality.The third step
Make a commitment to a term.. Long term leases range from four to ten years. These are designed for people that are sure that the aircraft meets their long term requirements. Bear in mind that the interest payments on long term leases are considerably lower. Short term leases range from three months to three years.The fourth step
Select the proper leasing option for you. Some options include the finance lease and purchase option. This will enable you to purchase the jet after the term. They also include finance transactions and true lease agreements. Explore the various advantages of each before deciding which one suits your needs best.
The fifth step
Find out about the costs of maintenance for your jet. While some leasing options include funding for maintenance and upkeep in addition to operating expenses, others do not include this. moreover, take into consideration the costs of insurance, which is sometimes included in the cost.The sixth step
Sign the leasing agreement which includes a thorough inspection of the terms and a down payment on the lease, or the first payment. Most leasing companies provide you with an outline of the details of the lease as you sign the documents and finish off the paperwork on your private jet.