Surely, many people across the globe would like to have personal jets. The high price and the same maintenance costs remained the main barriers to this dream for many people before.
Surprisingly, there was a major shift in this course in 2024. According to privatejetforsale.com, more people became jet owners in 2024. During the previous years, renting private jets was the predominant tendency in the market. What things have caused this major shift then? In this article, we will reveal this unprecedented situation inside and out.
Why Buying Jets Instead of Renting Them Has Become More Popular in 2025: Reasons Behind It
Many people and companies across the globe opt for owning a personal jet rather than renting it from outside. This surprising trend has been determined by many factors. We will review all of them in detail.
Quality and Personal Comfort Above All
It is no secret that jets for rent are not perfect from the perspectives of quality and comfort. While they are indeed maintained periodically, this is never enough to preserve the jet’s nearly immaculate appearance.
Since these vehicles are provided for rent quite often, their state worsens. High quality, exclusivity, and increased comfort are major factors in favor of buying a jet rather than renting it. So, people who can afford to buy a jet, do so. They even don’t pay much attention to the associated costs, prioritizing their comfort instead. Having a personal jet even becomes a lifestyle feature for some owners.
Increased Demand for Flexibility
Busy people, especially those who close big deals, can’t afford to wait for a flight in an airport. Time is money in this case like nowhere else.
Thus, many rich people and companies – starting from the midsized, by the way – opt for unparalleled levels of customization to fulfill their transportation needs.
There are no delays in this case. Arriving at the destination is possible as scheduled. There is no risk to face unpredictable challenges during the flight since the entire control remains after your staff. Having a personal jet gives an unprecedented portion of freedom in life planning.
Pricing Considerations
This aspect is more surprising for many reasons. Even if purchasing a jet requires higher upfront costs, this option can be more effective compared with renting a jet, especially when it is done often.
The prices for jet renting services are rising steadily. They are determined not by the quality of service and excellent state of aircraft, unfortunately, but by a steadily growing demand. Even more, it sometimes becomes too expensive or even impossible to rent a good jet because of the lack of free spots available. The prices for the offers, if available, are much higher compared to the standard rates.
This unpredictability of costs and the need to rent jets many times result in higher costs in a long-term perspective compared with buying and maintaining a personal jet. That is the main surprise. Dependence on external providers is a rather bad decision that doesn’t guarantee cost optimization in the long-term perspective overall.
There is also one important tax implication that shouldn’t be taken off the table. For some buyers, especially business owners, purchasing a personal jet is a good choice since it offers considerable tax advantages. In the first turn, it provides an opportunity to write off certain expenses. Second, a business may occasionally provide this jet for rent. Yes, as a pleasant bonus, a personal jet may also become a valuable source of income and cover the money spent on its purchase.
What Is Happening in the Market in 2025?
In 2025, private jet companies continue to experience significant growth and expansion. The greatest portion of the world demand for private jet ownership comes from North America (the USA and Canada, to be more precise). Another rapidly growing market is India.
The major customers in this case are midsize companies and high-net-worth individuals. The most popular jet models in 2025 were sourced from Bombardier and similar companies.
Among the most prominent trends in 2025, it is reasonable to highlight the wider application of sustainable aviation fuels (SAF) and significant developments in electric or hybrid-electric aircraft technologies. These developments greatly reduce the carbon footprint of private aviation.
Bottom Line
Having a personal jet no longer seems to be an unreachable goal. People who have enough money opt for this option instead of renting a jet outside. A personal vehicle gives an enormous portion of freedom, flexibility, and comfort. In the long run, it also turns out that a personal jet can also be cost-effective.
The pleasant bonuses in this case are significant tax deductions and extra gains when a jet is provided for rent. So, owning a personal jet is a better option from many perspectives and a major trend among rich people in 2024 and 2025!