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Unless you spend at least 150 hours a year flying, a private jet rental is probably a better option than buying — that way, you avoid many of the yearly maintenance fees private jets cost you.
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 ...
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 ...
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]
Vida Jets - Best customer service. Fast Private Jet (FPJ) - Maximum privacy. iJET - Best for Europe and the Middle East. Nohara Jets - 20,000+ jets available. ViroFly - Best for luxurious private ...
Bezos’ smaller Pilatus PC-24 jet is estimated to have an annual cost of $1.5 million when used for 400 hours per year and just over $900,000 when used for 200 hours per year.
Jet card – Programs offered by both brokers and operators where a customer is offered a fixed hourly rate for a specific jet category and the broker or operator sources a jet from the available charter fleet. Online marketplace – Online booking platform where the client can choose and book the desired aircraft directly with the operator.
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