Guide on the Average Cost of a Private Jet

Just assume that you are got stuck in a long queue to get the airplane ticket. Then you will have to face the burden of security checking. Although when we speak about the strain, it happens from the boarding pass to the flying of aircraft.!

The more disgusting is that you don’t imagine these circumstances. We have talked about the traveling experience of most flyers. You will be in love with travel, we are sure, but you could wish that all processes happen very smoothly.

Do you know about the actual cost of a private jet? It might be a feasible option for you, here are some details which you have to know.

 

Buying a Private Jet

Should you take a close look at the very expensive private planes, you are going to realize they have luxury interiors and conveniences. That you wish to take into consideration exactly how important this can be to you personally. Should you choose shorter trips, this could be an unnecessary cost.

But should you take global trips or traveling with different passengers, then the price of luxury is well worth every cent. It is also possible to look at smaller personal jets which don’t have luxury interiors. All these are best suited to shorter flights. Should you purchase a private jet out of a present owner, you also can expect to get a reduced speed.

There is no fixed cost on which you may expect to cover. In accordance with Elite Traveler, an individual can come across a personal jet that seats 9 for about $2 Million. However, extreme, an individual can purchase a private jet which seats 75 for around $400 Million!

 

Renting a Private Jet

How much is the cheapest private jet

Of course, you can rent a private jet rather than buy one. This is an ideal option if you only travel on occasion.

As with owning a private jet, there’s no standard rate on chartering a private jet.

The three factors that contribute to the cost of renting a private jet are:

  • The hourly rate of the aircraft carrier
  • The flight time
  • The number of seats on the jet

For example, we should expect a personal luxury plane transporter will charge $5,000 as their hourly rate. So, if you want to travel for two hours, it will cost around about $10,000 for a single passenger ticket holder.

Now let’s assume that the private jet charges $2,500 per seat for a six-seater private plane, so the cost for the two hours flight on this will be 12,500$

No doubt in this, you can easily find the private jets which offer traveling at an even cheaper rate and comfortable and luxurious traveling. If you have set your mind to a smaller plane, it will cost significantly less, and eventually, you can afford it pretty well.

Some private jet companies give a special discount to their regular travelers on international trips. For getting this opportunity, you have to contain a membership and verified registration.

If you don’t like eating and drinking beverages and juice during the flight, the private jets will reduce their costs even more significantly.

When we talk about the comparison, it is known that traveling on a private jet is more expensive than traveling on commercial aircraft. In any case, you will avoid through security and have an attendant service ready. That is the Average Cost of a Private Jet.

 

FAQ’s:

1. How much is the cheapest private jet?

Ans. Cirrus Vision Jet at $1.96 million. The Vision Jet is the world’s first single-engine private jet.

 

2. Is it cheaper to rent or buy a private jet?

Ans. While a private jet rental is considerably more expensive than flying on a commercial flight, it is still much cheaper than buying your own jet. Flights on private jets are charged by the hour. Prices vary depending on the size of the plane, the length of the flight, and the number of people on board.

 

3. Can you make money owning a private jet?

Ans. Yes, it can be earning revenue by flying charter. You will generate revenue that will offset the cost of owning and operating the aircraft.

 

4. How much is a private jet per hour?

Ans. You can expect to pay between $1,300 and $3,000 per flying hour on average for this low-cost private jet service onboard a turboprop or executive light jet; $4,000 to $8,000 per flying hour for a mid-size to super-mid-size jet; and $8,600 to $13,000 per flying hour for a large private jet.

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