A single entity charter exists when an individual or company contracts and pays for the operation of an entire airplane (as opposed to one or two seats, or a group of seats, on an airplane). Individual passengers on single entity charters do not pay their own airfare. The individual or company that contracted for the operation of the airplane must bear the entire cost of travel and cannot sell individual seats on the aircraft. For example, when a business charters an entire aircraft to fly the executives to a meeting, the individual executives and employees do not pay for their individual seats on the aircraft.
