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Even with private jets becoming more accessible, new private planes cost anywhere from $2 million for a small seven-passenger Cirrus Vision to $660 million for an Air Force One. The purchase price ...
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.
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.
This allows people to fly privately for cheaper than the cost of full jet ownership. I toured one of Flexjet's $23 million Embraer Praetor 600s. It costs about $10,000 hourly.
Stratajet is an online private jet booking company, servicing 44 countries in Europe and the United States. [1] The company was owned by Oxis Aviation Ltd. [2] Its headquarters are in Faringdon in London with an office in Sacramento, California. It is a member of aviation industry bodies BACA [3] and EBAA. [4]
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.
Air transports for heads of state and government are, in many countries, provided by the air force in specially equipped airliners or business jets.One such aircraft in particular has become part of popular culture: Air Force One, used by the President of the United States and operated by the United States Air Force.
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