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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.
Fractional ownership offers an individual or company the option to purchase a share of an aircraft. Shares from as little as 1/16 of an aircraft, which offers approximately 37.5 hours of flight time per year, to 1/2 of an aircraft can be purchased, depending on the needs of the operator.
Shared flights. VIP options. ... the private jet cost can stay in the $5,000 range or go up to $20,000 or more. ... Fractional ownership is when a group of people shares the ownership of a private ...
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.
(c) A private pilot may not pay less than the pro rata share of the operating expenses of a flight with passengers, provided the expenses involve only fuel, oil, airport expenditures, or rental fees. The regulations also state that the pilot and passengers must share a "common purpose" in the flight, [ 3 ] e.g. they are conducting the flight ...
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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