How Much Does a Private Jet Cost and is it Worth it?

What Does a Private Jet Cost?

If you have decided that renting a private jet is worthwhile, you may be now looking into private jet cost. There are a large number of planes on the market available for chartering, both new and used. The private jet cost will vary depending on what you are looking for. Most people are looking for something that will get them to and from their air charter travel destination quickly and without a lot of hassles.

The questions to ask is what exactly do you need, where are you planning on traveling the most, how many passengers, and what amenities do you want. These will give you a base point to start working from. Then it is time to do some research and find out the types and kinds of planes that have the things you are looking for and their average prices.

Remember that cheaper does not always mean better. If the private jet cost for one is, less than another but gets less gas mileage, you may make up the difference or end up paying more in fuel costs than you would by renting the most expensively priced jet. It is important to make sure that you thoroughly review your options.

There are a good number of planes that are currently on the market, both new and used. Companies in the industry may be attempting to get rid of the current inventory to make room for newer models. This means a wider selection of jets for you to choose from. The private jet cost is dependent on what you want, how large the plane is, and the age of the plane.

The following is a very general price range for the most common jet rentals. Keep in mind that this cost generalization will be different every time with different charter jet services.

1. Light executive private jet cost: $2000-$4000/hour, usually requires a 3-hour minimum. Examples of light executive jets are the Citation Bravo and the Hawker 400XP.

2. Medium executive private jet cost: $3000-$5000/hour. Examples of medium executive style jets are the Citation III and the Hawker 700.

3. Heavy executive private jet cost: $4000-$9000/hour. Examples of heavy executive jets are the Gulfstream V and the Falcon 900.

4. Airliner private jet cost: $6000/hour and up! A Boeing 757 would be in this category.