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The purchase price of a private jet is only one element of the overall cost. ... How much does it cost to buy a private jet? ... On average, heavy business jets cost between $15 million and $30 ...
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Over 2,000 Cessna CitationJets have been delivered, making it the most popular line of business jets. [1] View of the cabin, inside a business jet. A business jet, private jet, or bizjet is a jet aircraft designed for transporting small groups of people, typically business executives and high-ranking associates.
Additionally, planes in fractional fleets tend to be flown harder, with more hours and takeoff/landing cycles than the average. This negatively affects residual value. The initial purchase price for a 1/16 share of a light jet starts at over $300,000. Monthly management fees start at about $9,000 per month. Occupied hourly rates start at about ...
Owning a private jet or things like a boat isn't just a one-time payment. Keeping it in the air involves massive ongoing costs. Jet maintenance can run between $500,000 to over $1 million per year ...
XO (formerly XOJET) is a US-based private aviation company and subsidiary of Vista Global with its headquarters in Fort Lauderdale, Florida.XO, with a worldwide fleet access of more than 1,450 private aircraft, offers clients on-demand private jet charters with fixed-price membership programs as alternatives to jet cards and fractional ownership of aircraft.
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