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How much does it cost to buy a private jet? ... On average, heavy business jets cost between $15 million ... The typical cost is between $2,000 and $14,000 per billable hour to charter a private ...
The most affordable private jets — turboprops, very light jets and executive light jets — typically cost about $2,600 to $3,500 per flight hour. Midsize or super midsize Jets range between ...
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Cost – Private jet travel is very expensive, and the fractional model can be the costliest option (when compared to memberships, charters, etc.). The plans are also complex, with multiple layers of cost that make it nearly impossible to calculate a realistic fully loaded bottom-line per-flight cost.
In 2004, the unit cost of the Challenger 300 was US$17.4 million. [28] By November 2014, 448 Challenger 300s were in service and, over nearly one million hours of operations, had achieved a 99.79% dispatch reliability rate; five-year-old aircraft retain 64% of their original value. [32]
In May 2017, early 2003 G550s were valued at $14 million against more than $45 million for newly purchased aircraft, flying an average of 425 hours per year. [8] In December 2018, a 2012-2013 G550 was valued $28-31 million, and cost $7,135 per hour for 400 hours a year. [9]
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