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Why people own jets instead of renting? Jets are extremely expensive to own. It's way better to rent those when you need to travel. It's not a matter of being rich. It's just simple math.

Why people own jets instead of renting? Jets are extremely expensive to own. It's way better to rent those when you need to travel. It's not a matter of being rich. It's just simple math.

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[–] 3 pts

Supply and demand ensures that renting is not always better than owning. For people who fly often with an entourage it may be cheaper to own.