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The typical cost is between $2,000 and $14,000 per billable hour to charter a private jet. However, those prices aren’t the whole story. However, those prices aren’t the whole story.
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 ...
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 ...
A jet card is a private aviation product that enables holders to use different aircraft at agreed-upon fixed hourly rates. Jet cards are offered by large and small fleet operators and charter brokers. [1] [2] There are as many as 65 variables between jet card companies, according to Private Jet Card Comparisons, a buyer's guide to jet card ...
Jet card programs are prepaid programs offered by private aviation companies, allowing customers to purchase a set number of flight hours on a specific aircraft or fleet. Jet card holders can use their hours to book flights, often with guaranteed availability and fixed hourly rates. [9] [10] [11]
If the jet operates for 400 hours a year, the annual costs are estimated to be around $3 million, or about $7,500 per hour of flight time. The costs include fuel, maintenance, engine performance ...
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