The 10 Cheapest Brand New Private Jets

The cost of renting a 4-passenger Phenom 100 VLJ from Van Nuys to Las Vegas is around $5,100. Using the same routing with a 2013 Citation M2 light jet holding 6 passengers, the flight will take 54 minutes in the air and cost around $7,620. A super light jet such as a 2004 Lear 40 can accommodate a total of 7 passengers, and a flight time of 52 minutes, which would cost around $8,460.

How Much Does it Cost to Rent a Private Jet in the UK & Europe?

Empty leg charter flights may cost up to 50% less than the cost of a full dedicated charter flights. A flight on an ultra long range jet from New York City to London on a 2010 Global 5000 with 13 passengers and 7 hours of flight time will cost around $93,600. The same trip on a 2013 Legacy 650 with 13 passengers and a flight time of 7 hours and 7 minutes will cost around $71,400.

Do private jets come with flight attendants?

The Nextant 604XT is next on the list, with a new price of $8 million. Pricing varies in different regions of the world for the same aircraft type. The pilots themselves would have invested heavily into their training programmes and certainly would like better returns on their investment.

1. The identity of the properly licensed air carrier performing the crowdfunded flight will be disclosed once the flight is confirmed.
2. A flight from Chicago to Washington DC on a 2008 Hawker 900XP with 8 passengers will cost around $17,760.
3. The learn more about the cost of buying a private jet read this article.
4. When you take an hourly cost, such as $633, per passenger and multiply it by 9 passengers, it comes to $5,697 per flying hour, multiplied by 10 hours, which equals to $56,970 in the United States.
5. This selection showcases a variety of private jets, each known for its value in its respective category.

Therefore, the fact that some aircraft are selling for more on the pre-owned market versus new from the factory is simply down to supply and demand. These aircraft hold their value extremely well with an annual depreciation rate of around 1%. The new design of aircraft was designed to offer more space than the Phenom 100 while also allowing operation into smaller airports, such as London City Airport and Telluride Regional Airport.

Private Jet Service

These flights are open to everyone since the jet is set to fly with or without passengers. And booking these jets can save you some cash — sometimes up to 75 percent on the cost of a conventional private jet charter, Crabbe says. Meanwhile, a flight from Fort Lauderdale to Atlanta in a 3-passenger VLJ, 2007 Eclipse 500 will take 2 hours and 5 minutes and cost around $9,120.

The pricing includes airport charges, night charges and it varies depending on the category of aircraft chosen and the destination. Each trip is calculated based on flying carried out and the amount deducted from the Premium Jet card annual charges. Owning a private jet is a significant financial commitment, with costs ranging from $2 million for a new, entry-level jet to over $100 million for a luxury model. Ongoing expenses, including maintenance, insurance, and crew salaries, can add another $500,000 to $1 million annually. An unbiased rule of thumb is that you’ll need to fly at least 240 hours per year to justify the operating costs of owning a private jet.

For bookers who prefer first or business class, it might not seem much different to go on a private jet. But for commercial fliers in economy, this price might seem very high. Planes with larger fuel tanks for long-range flights require more fuel. For example, the Bombardier Global 7500 Passport edition has a fuel capacity of 51,850 pounds. Even with private jets becoming more accessible, new private planes cost anywhere from $2.5 million for a small seven-passenger Cirrus Vision to $660 million for an Air Force One. The purchase price is far from the only cost involved — you’ll also have to factor in maintenance, fuel and staff salary.

How much does it cost to charter a private jet?

XO Assets LLC and its sister companies beneficially own or lease the Vista Members’ fleet. All services are subject to the terms and conditions available at /legal. All crowdfunded flights are Public Charters organized by XO Global LLC under 14 CFR Part 380. The identity of the properly licensed air carrier performing the crowdfunded flight will be disclosed once the flight is confirmed. Crowdfunded and shared flights are subject to XO’s Public Charter Operator Participant Agreement. However, a round-trip flight in South America using the same Challenger 601 with a typical passenger capacity of 9, flying from Sao Paulo to Caracas with an overnight stay will cost around $82,500.

A private jet charter is when an individual or company hires a private jet charter company, authorized by the FAA under FAR part 135, to conduct a flight between two or more points. Contact one of our travel advisors to obtain a guaranteed private jet price quote for your specific aircraft and itinerary. There are several companies which offer jet cards which allows companies and individuals to buy blocks of flight time from charter operators, besides having their own aircraft. The arrangement works good for the charter operator whose flight utilisation time goes up and for the jet card member there is easy availability of aircraft. Chartering a flight is a great option for travelers who don’t want to fly commercially but also don’t want the commitment of ownership. When booking a chartered flight, you’ll need to consider factors such as the aircraft type (based on passenger numbers and destination), costs, and the company you’re booking through.

1. Baron has committed to buying blocks of flight time from several Indian charter operators, including Raymonds Aviation, which owns a Challenger 604 and two of the helicopters.
2. If you’re looking for the cheapest private jet, rentals are your best option.
3. Note also that this does not include the list price for out-of-production aircraft or pre-owned aircraft.
4. It is seeing demand from new private aviation consumers, including wealthy individuals flying to the Middle East, particularly Dubai on shopping trips.
5. PrivateFly charges a minimum of £4,504 per hour for their long-range private jet.
6. As an influential speaker and writer, Joel Thomas has left an indelible mark on the industry, continually working to elevate standards and advocate for consumers.

Ultra-luxury VIP Airliners such as the Lineage 1000, BBJs, and ACJs in executive configurations cost anywhere from $16,000 to 23,000 per billable flight hour. SP’s Aviation, a monthly magazine purely focused on air aspects, captures and analyses the latest developments in military, civil, business aviation apart from unmanned and space. Whatever your needs may be, the operator or broker will help you in choosing the right jet, so you don’t need to worry about it too much. While it’s usually the operator that needs to have the certifications, ARGUS for example also offers a Certified Charter Broker rating. Much like the Vision Jet, the cost to purchase a Phenom 100 will vary by use, age and condition. You can also look into getting a secured personal loan, which would require you to put down an asset, such as your home.

When you take an hourly cost, such as $633, per passenger and multiply it by 9 passengers, it comes to $5,697 per flying hour, multiplied by 10 hours, which equals to $56,970 in the United States. In South America, taking the hourly cost of $785 per person, multiplied by 9 passengers, comes to $7,065 per hour. The savings can be significant for clients, especially on long-distance or international flights, as they don’t need to buy a return journey. Aircraft are categorized by size, depending on the range and passenger capacity. The larger cheapest private jet price in india the aircraft, the greater the range, passenger and baggage capacities, and hourly rental rates will be.