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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.
Flight sharing is the sharing of the direct operating costs of non-commercial general aviation aircraft flights between a licensed pilot and their passengers (in contrast to the outright commercial operation of flights for hire, such as fractional ownership of aircraft or air charter).
The purchase price of a private jet represents only a fraction of the cost of owning one. The price of a private jet depends on its size, the number of passengers it can hold and the distance it ...
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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