Yes, you can buy a private jet and rent it out, but it is a complex business venture rather than a simple passive investment. To legally rent out an aircraft in the U.S., it must be operated under FAA Part 135 certification, which imposes much stricter maintenance, pilot training, and insurance requirements than private Part 91 operations. Most owners choose to place their jet with an aircraft management company that handles the chartering, crew hiring, and scheduling in exchange for a fee. While chartering out your jet can help offset high fixed costs like hangar fees and insurance, it rarely generates a "profit" once you factor in the accelerated depreciation caused by the extra flight hours. It is primarily a strategy to subsidize the cost of ownership.