![]() In contrast, chartering a private jet gives you less control over the aircraft, buy arguably gives you more flexibility.įor example, you could charter multiple flights in different locations and take off from anywhere instead of depending on a single plane.Ĭhartering a private jet is likely to cost less long-term, even for the most frequent of flyers, since you’re only charged an hourly fee instead of having to buy the plane itself, as well as paying for any maintenance costs. Owning a private jet also means you’re responsible for the pilot and flight crew’s salaries and the jet’s maintenance and repair costs, including the purchase of fuel. Owning a private jet gives you complete freedom over the plane and removes the need to work with an outside company.īut, purchasing a private jet involves a very high up-front and long-term costs since the plane itself costs millions of dollars if new, and at least $200,000 for the very cheapest second-hand models. Is Buying or Chartering a Private Jet Worth It? So, simply put, having a private jet membership reduces the cost of flying in private jets. Some private charter flights even offer fractional jet ownership. ![]() Private jet membership subscriptions are normally sold in annual increments, with a minimum term of one year. You can purchase a private jet membership from a charter company, who will then let you use their fleet. What is Private Jet Membership?Ī private flight club membership provides you with short-notice booking for both domestic and international flights at set rates per flight hour. The cost of chartering an executive liner starts at $39,000 per flight hour. These planes can vary considerably in size and interior, since every plane can be heavily customized. Executive Liners/BizlinersĮxecutive liners are large, typically converted commercial airline aircraft used by the world’s elite. The most expensive ultra-long-range private jets, like the Gulfstream G700, can even cost $18,000 per flight hour. Their chartering costs are also high, with the average cost being between $9,000 to $14,000. Ultra-long-range jets can comofrtably cross oceans, so they’re almost entirely used by multinational corporations to make non-stop ocean-crossing flights. The cost of chartering a heavy jet is between $6,500 and $8,000 per flight hour. Heavy jets provide excellent comfort for long haul flights, and they can carry between 10 and 20 passengers. Their cost per flight hour ranges between $5,000 to $7,500 per flight hour. Super mid-sized cabin jets have wider bodies with higher speeds, longer-range capabilities, and even more luxurious interiors along with being able to hold 8 – 11 passengers. Midsize jets have comfortable, luxurious interiors with a passenger capacity between 5-10, so they’re mostly used for business purposes.Īs such, mid-sized cabin private jets cost between $4,000 to $6,500 per flight hour on average. So their price per flight hour is higher and costs between $3,500 to $5,000. Super light jets have more cabin and luggage space than light jets and very light jets. The average cost of chartering a small light jet ranges between $2,000 – $4,000 per flight hour depending on the aircraft’s model, fuel prices, and the chartering company’s location. The cost of chartering a very light small private jet ranges between $1,100 – $3,000 per flight hour depending on the aircraft’s model, price, and the chartering company’s location. Cost of Chartering a Private JetĬhartering a private jet costs between $1,000 to $10,000 per flight hour depending on the type of jet. The Cirrus Vision Jet is the cheapest private jet with a price tag $2 million.īut you could potentially purchase a used private jet for as low as $200,000. What is the Cheapest Private Jet You Can Buy? Once purchased, private jets also involve high maintenance costs. Second-hand private jets are substantially cheaper than new ones, since private jets rapidly depreciate. The cost of buying a new private jet is between $2 million to $100 million, depending on the plane’s size, range, and features. Purchasing a private can be extremely expensive compared to chartering one, so many people prefer to charter than outright buying a private jet.Ī chartered private jet costs substantially less since it only requires passengers to pay per flight hour instead of also being responsible for paying for the plane itself, as well as the pilot’s salaries and other expenses, including hefty maintenance costs.Ĭhartering a private jet can be even less expensive if you obtain a private jet membership. A private jet can cost anywhere between $200,000 for an old used plane to hundreds of millions of dollars for the newest, largest private jets.
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