Do individuals actually own and fly ex-military jet aircraft?
Yes. In the United States, there are approximately one thousand of privately owned vintage/classic jets, and there are many others others elsewhere in the world. And the numbers are growing! In the US, the Federal Aviation Administration (FAA) closely regulates the ownership and and operation of these aircraft. Many jets have restrictions placed on them which dictate where they may be flown and for what purpose. Most are licensed in the “Experimental, Exhibition” category, which means that they can only be flown to and from air shows and displays, for pilot proficiency and other specific activities. They may not be used as “personal transportation” machines. Presently, the CJAA is working closely with FAA officials to rewrite regulations affecting vintage/classic jet operations.