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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.
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 $1,500. Flexibility – The purchased share is for a specific plane. Any variations for a specific mission can bring additional costs and calculations.
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]
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 tax law allows for taxpayers to immediately deduct the cost of an aircraft purchased and put in service after Sept. 27, 2017, and before Jan. 1, 2027. ... the cost of a private jet to ...
You can expect fixed hourly rates of $2,500 and ... you can pay via PayPal and save 5% on the private jet cost through the ... The best private jet service is Villiers Jet because they offer ...
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 ...
In August 2020, PrivateFly launched a new Private Jet Card offering guaranteed aircraft availability and fixed hourly private jet prices for flights in the Europe and USA. [ 34 ] In 2022, PrivateFly has reported a record-breaking increase in jet card sales for the first quarter of this year, experiencing a 258% surge in demand compared to the ...