If you are looking to try an aircraft out without buying, or if you need access to a private aircraft for a limited time, Tyrus Wing's "Try Before You Buy" program may be the solution. This short term lease program is an alternative to buying or chartering. Jets can be leased for any duration of your choice - 1 month, 3 months, 6 months, 1 year, or longer. The service can be useful in a variety of different situations, from those who require all of the benefits of aircraft ownership but without the worry of depreciation, to banks and financial institutions who'd like to earn income from under-used or re-possessed assets, and operators wanting to add aircraft to their fleet without having to buy an aircraft.
Tyrus offers a variety of different aircraft in the Try Before You Buy program - everything is completely customized. Tyrus spends time understanding the needs, requirements and missions of a client. Once they've figured out the appropriate aircraft for the situation, they'll either offer one in inventory or seek the right one. The following aircraft are currently available: Global Express, Challenger 601, Challenger 604, Challenger 605, Hawker 800, Gulfstream GIII, Gulfstream GIV, Gulstream GV, Gulfstream G550, Falcon 900B, Falcon 900EX, Falcon 7X, Citation XL, and Phenom 300.
Clients can also choose to lease both with and without the crew. Here are some pricing examples from recent transactions. The "Dry Lease" is a lease of just the aircraft without crew, maintenance, insurance etc, an "ACMI" lease includes the Aircraft, Crew, Maintenance and Insurance:
Dry Lease: $60,000 Per Month
ACMI: $215,000 Per Month (Up To 50 Block Hours)
Dry Lease: $75,000 Per Month
ACMI: $290,000 Per Month (Up to 50 Block Hours)
Dry Lease: $110,000 Per Month
ACMI: $330,000 Per Month (Up to 50 Block Hours)
Dry Lease: $265,000 Per Month
ACMI: $475,000 Per Month (Up To 50 Block Hours)
Once the client goes through the process, the deal can usually be turned around and an aircraft supplied within 2-3 weeks. During the lease period Tyrus will supply a monthly report of operating costs to provide a true evaluation of the aircraft and its operational pricing.