Business Jet Rental Market Report 2026

The business jet rental market size has grown rapidly in recent years. It will grow from $8.65 billion in 2025 to $9.99 billion in 2026 at a compound annual growth rate (CAGR) of 15.5%. The growth in the historic period can be attributed to rising demand for flexible and private air travel among business executives, growth in corporate travel budgets, expansion of charter service providers, advancements in luxury in-flight amenities, increasing availability of small and mid-sized business jets for rental.

The business jet rental market size is expected to see rapid growth in the next few years. It will grow to $17.62 billion in 2030 at a compound annual growth rate (CAGR) of 15.2%. The growth in the forecast period can be attributed to growing adoption of on-demand and digital booking platforms, expansion of eco-friendly and fuel-efficient business jet fleets, rising demand in emerging markets for private air travel, integration of advanced in-flight connectivity and services, development of subscription-based and fractional ownership rental models. Major trends in the forecast period include rising preference for luxury private travel experiences, growth in corporate travel flexibility and demand for time-efficient flights, expansion of on-demand charter booking through subscription offerings, increasing fleet modernization with fuel-efficient business jets, enhanced in-flight amenities driving premium service differentiation.

The increasing demand for the aviation industry is expected to drive the growth of the business jet rental market. Aviation refers to the design, development, operation, and use of aircraft for transportation, military, commercial, and recreational purposes. Demand for aviation continues to rise due to economic growth, higher disposable incomes, business globalization, expanding tourism, advancements in aircraft technology, and the growing preference for faster and more convenient travel. Business jet rental services support the aviation industry by increasing demand for private aircraft, enhancing operational efficiency, generating revenue for charter operators and manufacturers, driving advancements in aviation technology, optimizing fleet use, and meeting the needs of high-net-worth individuals, corporate executives, and government agencies for flexible, efficient, and luxurious air travel options. For example, in January 2025, Airbus, a France-based aerospace corporation, reported delivering 766 commercial aircraft in 2024, up from 735 in 2023, indicating sustained demand growth and a global backlog of 8,658 aircraft orders. Therefore, rising demand within the aviation industry is contributing to the growth of the business jet rental market.

Major companies in the business jet rental market are focusing on innovative luxury jet charter services to serve high-net-worth individuals, corporate executives, and VIP travelers by providing personalized, on-demand, and highly comfortable private air travel experiences. A premier luxury jet charter service offers exclusive and tailored private air travel with high-end aircraft, customized amenities, and exceptional comfort for discerning clients. For instance, in January 2025, FlyJetr, a Poland-based company specializing in business aviation and VIP charter services, launched its premier luxury jet charter offering with the goal of redefining private aviation and making luxury flight experiences more accessible. The company introduced a one-touch Set and Jet access feature that enables clients to easily book flights on more than 15,000 jets to 12,000 airports worldwide for both business and leisure travel. FlyJetr emphasizes personalized services designed around individual preferences, ensuring memorable travel experiences. The Set and Jet feature simplifies the booking process, improving flexibility and convenience for users, and the company is positioned to serve a wide range of clients with access to an extensive fleet and global airport network.

In February 2025, flyExclusive Inc., a US-based provider of premium private jet charter services, acquired the aviation business of Jet.AI Inc. for an undisclosed amount. The acquisition is intended to strengthen flyExclusive’s market position in private aviation, enhance shareholder liquidity, and support its growth strategy by expanding fleet operations and capital resources. Jet.AI Inc. is a US-based company offering private aviation services and AI-driven software platforms, such as CharterGPT and Ava, which use natural language processing to optimize aircraft booking and charter management.

Major companies operating in the business jet rental market are NetJets Inc., Jet Aviation AG, Wheels Up Partners LLC, Flexjet LLC, Solairus Aviation LLC, VistaJet Limited, XO Global LLC, Gama Aviation Plc, Jet Linx Aviation, Air Charter Service Group Ltd., Clay Lacy Aviation Inc., Executive Jet Management Inc., Nicholas Air LLC, Airshare LLC, JetSuite Inc., Magellan Jets LLC, GlobeAir AG, Sentient Jet, SaxonAir, Victor International Ltd.

North America was the largest region in the business jet rental market in 2025. XX is expected to be the fastest-growing region in the forecast period. The regions covered in the business jet rental market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Tariffs on imported aircraft, aviation components, and maintenance services have increased the operational costs of business jet rental providers while also creating delays in fleet expansion and refurbishment cycles. Segments such as on-demand charter and leasing are most affected in markets like North America and Europe where cross-border procurement of aircraft and spare parts is significant. Conversely, tariffs are encouraging localized maintenance, aircraft assembly, and sourcing partnerships, which may strengthen domestic business aviation infrastructure in the long run.

The business jet rental market research report is one of a series of new reports that provides business jet rental market statistics, including the business jet rental industry's global market size, regional shares, competitors with a business jet rental market share, detailed business jet rental market segments, market trends and opportunities, and any further data you may need to thrive in the business jet rental industry. This business jet rental market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Business jet rental is the service of renting a private jet for either business or personal travel, providing flexibility, convenience, and privacy. It enables clients to bypass commercial airline schedules and enjoy a more tailored travel experience.

The primary types of business jet rental include on-demand charter, fractional ownership, jet card programs, and aircraft leasing. On-demand charter allows individuals or companies to rent a private jet for a specific trip without the need for long-term commitments. The jets available vary in size, including light, medium, and large aircraft. These jets are used by both private individuals and operators.

The countries covered in the business jet rental market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The business jet rental market includes revenues earned by companies providing services such as chartered flight services, luxury in-flight services, jet leasing, and on-demand flight scheduling. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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