Private Jet Costs: What To Expect When Chartering a Private Jet

Types of private jets and costs of private jet flight

Even though the purpose is to get the utmost comfort and privacy, there are different jets for different needs and all of them have their respective pricing model. Though the type of plane you choose will determine the jet charter expense, the private jet cost also varies according to the age, availability and location of the plane.

Here are some common private jet categories and their estimated costs:

• Light jets
• Midsize jets
• Super midsize jets
• Heavy jets
• Ultra-long-range jets

Light jets

These jets have a seating capacity of a maximum of 8 passengers and a range of 1,200 – 2,000 miles. They charge $2,000 – $3,000 per hour on average and are ideal for short to mid-range trips being great for smaller groups.

Midsize jets

They can accommodate up to 10 passengers and have a range of 2,000 – 3,000 miles. The hourly rate charged is estimated to be $2,500 – $4,000 and is most comfortable for medium-distance flights.

Super midsize jets

With a range of 3,000 – 4,000 miles, they can fly with up to 12 passengers at an hourly rate of around $3,500 – $5,500. There is sufficient cabin space for larger groups and longer journeys.

Heavy jets

Up to 16 passengers can comfortably fly in a heavy jet that offers a range of over 4,000 miles. They charge $5,000 – $8,000 per hour but provide maximum comfort and luxurious indulgences for long-haul flights.

Ultra-long-range jets

A large group of up to 19 passengers can leisurely fly more than 6,000 miles in these jets that cost roughly $6,000 – $10,000 per hour. If you seek the highest luxury nothing beats it.

Additional costs of private jet flight

The per-hour rates are the biggest cost to be considered but there are a few expenses that might add to the overall price. It’s suggested that you discuss the following costs with your service provider to avoid any surprises on your final bill:

• Fuel costs
• Landing and handling charges
• Crew payments
• Overnight fees
• Catering and other services
• Repositioning costs
• Taxes and fees

Fuel costs

Aircraft need fuel the most and hence it’s the major expense that will be according to the size and range of the jet you choose and will influence the total cost.

Landing and handling charges

Other expenses include landing, parking and handling fees at the airports that vary as per the size and location of the airport.

Crew payments

Though there are salaries, accommodation and meals of the pilot and the crew are already included in the charter cost but sometimes there are gratuities to be paid.

Overnight fees

Also, if your travel requires the staff to be there for you overnight, you’ll be further responsible for covering their accommodation costs.

Catering and other services

In-flight experiences like catering, special requests and additional services are often customized and hence will increase the cost of private jet flights.

Repositioning costs

If you request to be picked up from or dropped off at an airport that’s not its base, there will be repositioning charges as another cost of a private jet flight.

Taxes and fees

There are taxes, landing fees etc., depending on the location you have to reach and the route you take.

Factors affecting private jet costs

Let’s try to get versed with the factors that can impact the cost of private jet flight so you can make informed decisions when booking your charter flight:

• Distance traveled
• Availability
• Peak travel times
• One-way or round-trip
• Empty leg flights

Distance traveled

Longer distances mean more flying time and hence, higher costs. You can go for ultra-long-range jets for economical international journeys.

Availability

If you’re seeking a popular jet, it’s going to be more expensive due to its demand or booking in a notice.

Peak travel times

Naturally, the cost of private jet flights will go high during peak travel seasons and demand surges for specific holidays.

One-way or round-trip

Booking a one-way flight will cost you more because the aircraft will have to reposition itself for the next flight.

Empty leg flights

Sometimes, you can also find discounted rates on “empty leg” because they are returning to home base after a one-way charter. So, yes there are savings.

Cost comparison: Charter vs. commercial flights

For a better understanding of a private jet cost, let’s quickly compare private flights to commercial flights in terms of convenience, time and overall experience.

How much does it cost to charter a private jet?

We just learned how chartering a private jet comes with a huge cost but the experience it offers is worth every penny. The final cost will vary depending on the type of jet you choose, distance traveled and additional expenses, if any.

If you want to keep the cost of a private jet flight within budget, carefully understand your travel needs, compare the options in hand and then select the right one for your journey. Ultimately, choosing between luxury and budget-friendly travel is personal and must suit your preferences and budget.