Private jets: price, types and alternatives

Having a private jet opens up an almost limitless range of travel opportunities for its owner, which are practically unlimited in time and duration. However, in this case, it is not possible to get by with an airplane alone and you will have to take into account a lot of additional costs and inconveniences.

Although theoretically, buying a private jet is not such a difficult task, in addition to the cost, the buyer should take into account maintenance, fuel, and salaries of the personnel who will ensure the operation of the aircraft. So, is it advisable to buy private jets and how much will it cost, AOL told.

The cost of a private jet

You can buy either a new or a used aircraft. In addition, its price will directly depend on the configuration of the vessel, in particular

• very light aircraft - accommodate 4-7 passengers, can fly up to 3 hours. The cost of a used model ranges from $3.50 million to $5.70 million for new models.
• light aircraft - carry up to 7 passengers and have a bathroom. Prices for new light aircraft range from $5.75 million to $11.89 million.
• medium-sized planes - have a large cabin and more space for carrying things, can fly up to 5 hours. The price for used models is from 4.2 million, and for new ones - 29.97 million dollars.

• heavy business jets - accommodate at least 10 passengers, have retractable tables and fully equipped kitchens. The average cost is from 15 to 30 million dollars.
• heavy ultra-long-range jets - can accommodate up to 17 passengers, have full-size beds, and can travel up to 7,000 miles. The average cost is from $20 to $30 million for a used one and up to $65 million for a new model.
• airliners are a luxury option that can have a full bathroom or cocktail lounge on board. Such an airplane covers more than 10 hours of flight time per flight. The price can reach more than 442 million dollars.

The cost of aircraft maintenance

The price of maintenance depends on the size of the aircraft, the number of passengers, and the distance it can cover. The lion's share of costs is fuel, personnel, and maintenance. You can find out more details about the costs depending on the model in the aircraft cost calculator.

The cost of chartering a private jet

It should be noted that flights are charged by the hour, taking into account the type of aircraft. The typical cost of chartering a private jet is between USD 2,000 and USD 14,000 per hour. However, prices can vary significantly depending on the season and weather conditions.

The cost of renting a seat in a private jet

To determine the cost of a seat, you need to know the hourly rate of the aircraft, the total flight time, and the number of seats on board. For example, an airplane that costs $5,000 per hour - or $15,000 for a three-hour flight - will cost about $2,500 for a seat. In addition, you can get a private jet card membership. This way, customers can access their provider's aircraft and take advantage of their benefits.

There are 3 types of jet membership pricing:

• Dynamic pricing - the price can change depending on the conditions;
• Fixed pricing - the price varies depending on the type of aircraft selected, but does not change depending on the time of year or other factors.
• Limited pricing - eliminates the need to pay more than a certain amount per flight hour.

Is there a need for a private jet?

To understand whether this purchase is really necessary for you, consider the following factors in advance

• the number of people flying with you;
• how often you plan to fly;
• what destinations you plan to travel to;
• whether you need a used or a new aircraft;
• whether you are ready to provide for the work of employees on board the aircraft;
• whether you have the money for such a purchase