Private aviation decked out her craft with beacons (7,7)

I believe the answer is:

charter flights

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'private aviation decked' is the definition.
I don't know anything about this answer so I can't tell whether it can be defined by this definition.

'out her craft with beacons' is the wordplay.
'out' indicates an anagram.
'with' means one lot of letters go next to another.
'beacons' becomes 'lights' (I can't explain this - if you can you should give a lot more credence to this answer).
'her'+'craft'='hercraft'
'hercraft' anagrammed gives 'charterf'.
'charterf'+'lights'='CHARTER FLIGHTS'

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I've seen this clue in the Sydney Morning Herald.

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