What does "chartered" mean?

Native speaker’s answer
Rebecca
When referring to planes, boats, or buses, "chartered" means rented for private use. For example, a chartered flight, chartered yacht, or chartered bus mean that it has been rented privately for use by specific individuals. It is not available for just anyone to use. Ex: Because of COVID-19, chartered flights are sometimes the only flights available. Ex: The basketball team was flown in on a chartered plane.