Private Airplane Cost

The costs of owning a business jet should be given as much, if not more, consideration as the purchase price. The expense associated with maintaining, storing and operating a business jet can be significant and seemingly complex to a first-time buyer. Private jet owners who do not gain at least a basic understanding of how these costs are calculated and which costs are necessary and which are optional, will pay significantly more than jet owners who take the time to educate themselves. Business jet ownership costs are broken into two separate categories – fixed costs and variable costs.

Fixed Costs

Fixed costs are items calculated monthly or annually and include pilot salaries and training, aircraft manager, hangar and insurance. Depending on the make and model, fixed costs can be anywhere from $50,000 per year for a smaller jet like the Cessna Citation Mustang, to over $500,000 per year for a larger long-range jet such as a Gulfstream G550 or Bombardier Global 6000.

Variable Costs

Variable cost is the expense associated with the operation of the jet and is calculated by the hour. Variable costs include items such as fuel, maintenance, inspections, engine programs, crew hotels and meals, landing fees, parking, etc. These costs typically range from $1,000 per hour on a small jet like an Embraer Phenom 100 to over $10,000 per hour on larger aircraft such as a Global 5000 or Gulfstream G650ER. High-profile celebrities, top-class business executives, politicians and touring musicians are the ones who can afford private charters.

Private jet prices are reasonable - considering the uninterrupted access to first-class facilities. Compared to booking seats via commercial aviation companies, the services of a private aircraft operators like EFI appears to be affordable only for the rich and famous. But, are they really? We think not.

The Main Cost Factors

Here are two factors that go into costing private jet prices: Aircraft range and size. The range, or the distance that an aircraft can fly during take-off until landing, is a major factor in the cost of private jet rental. This is due to the amount of fuel necessary during the entire operation. Usually, a bigger aircraft (with a higher passenger capacity) can reach a higher range. And the aircraft’s higher range, the costlier the rental.

Another factor is the aircraft size. Because it offers more room, a bigger aircraft is preferable for more convenience. Usually, a bigger aircraft (with a higher passenger capacity) amounts to a higher cost. The commonly available private aircrafts are: Light aircraft (6-8 passenger capacity), medium aircraft (7-9 passenger capacity), large, or jumbo aircraft (10-15 passenger capacity), helicopter (5 passenger capacity), ultra long range aircraft (15-17 passenger capacity).

Average Cost per Flight Hour – the total flight hours is the length of time an aircraft operates – from takeoff to landing.

Private jet operators charge rentals based on their per-flight hour rates. Your "meter" starts when the aircraft starts running. Depending on what you intend to do or where you are flying off to, you might be surprised that you can actually afford a private jet rental.

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Our Private Jet CHARTER Aircraft Fleet

Light Jets: 8 Passengers

A light jet is a category of small jets seating anywhere from 4 to 8 people (depending on configuration) and often with a maximum takeoff weight of under 10,000 pounds. Light jets are considered the lightest business jets and are approved for single pilot operation. Light jets are ideal for shorter trips for business meetings or family getaways.

Midsized Jets: 10 Passengers

Midsize jets – also referred to as mid-size jets, are great for long distance travel such as transcontinental flights or trips requiring larger passenger capacity (depending on configuration). Unlike a light jet rental, Mid-size private jets are incredibly versatile private aircraft, combining the comfort and space of larger personal planes, with the speed and agility of small private jets. Private jet speeds help the aircraft travel a range of over 5,000 nautical miles and typically seats 7 to 10 passengers.

Super Mids: 16 Passengers

Super mid-sized jets are designed to comfortably accommodate from 8 to 16 passengers (depending on configuration) - with substantial baggage space. Super mids can be chartered for international, non-stop transcontinental or mid-range travel with an average flight range of up to 9 hours of flight time - or 4,500 miles - in optimum conditions.

Large Jets: 16 Passengers

Large cabin jets have a cabin height of over six feet. Cabin width varies from nearly seven to over eight feet, while cabin length can range from 28 feet to nearly 50 feet. With endurance of 8 to 10 hours, many large cabin jets - like the Falcon 900 - are also designed for longer range flights such as New York to Paris. Large cabin jet cabin amenities can include WiFi, private lavatory, PlayStation video games, satellite phone, cabin attendant and a full galley.

Turbo Props: 10 Passengers

What sets turbo props apart is their versatility. Unlike other private jets, planes with a turbo prop engine don’t need a full runway for landing and take off; a short grass airstrip is more than enough. Which makes them perfect for taking the route less traveled. Made for short to medium journeys, turbo prop planes can land on grass airstrips and short runways. Turboprops are an economical way to fly, with room for eight to ten passengers.

Helicopters: 13 Passengers

While there are many reasons to take a chartered helicopter flight - the fact that for most it is a once in a lifetime experience is probably the most prominent. Helicopter flight in itself is an adventure that most people find thrilling. Making use of helicopter flights is also a great way to mark a special occasion and create new memories that will make a special day even more special.

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