{"id":9411,"date":"2022-01-02T16:02:44","date_gmt":"2022-01-02T21:02:44","guid":{"rendered":"https:\/\/www.atyourbusiness.com\/blog\/?p=9411"},"modified":"2022-01-02T16:02:56","modified_gmt":"2022-01-02T21:02:56","slug":"how-much-does-it-cost-to-own-a-private-jet","status":"publish","type":"post","link":"https:\/\/www.atyourbusiness.com\/blog\/how-much-does-it-cost-to-own-a-private-jet\/","title":{"rendered":"How Much Does It Cost to Own a Private Jet?"},"content":{"rendered":"\n

The number of private jets in operation around the world is expected to grow by about 8,000 new planes<\/a>. And while many of these new jets will be purchased by large corporations, offering luxury private travel charters, many will also be purchased by individuals.<\/p>\n\n\n\n

Owning a private jet is a reality for many of the world’s rich and famous. And most of the people holding their own jets reside here in the US.<\/p>\n\n\n\n

Are you hoping to fly in style one day, for both business and vacation? Wondering how much to own a private jet these days? Read on below to learn all about the cost of owning a private jet, along with other important factors like private jet maintenance.<\/p>\n\n\n\n\n\n

Benefits of a Private Jet<\/h2>\n\n\n\n

The benefits of owning your own private jet are plentiful. For one, it’s just you and your loved ones on board, or fellow business travelers joining you for the journey. <\/p>\n\n\n\n

No unruly passengers or crying babies, unless you invite them. Plus, there’s plenty of space. No one has to sit elbow to elbow on a private jet. You may even choose a model that has couches or beds, making it feel like you’re in a luxurious home, rather than an aircraft. <\/p>\n\n\n\n

You also won’t need to waste hours at the airport. On most private flights, you won’t need to arrive to get to the terminal or flight strip until about 15 minutes before takeoff.<\/p>\n\n\n\n

How Much to Own a Private Jet?<\/h2>\n\n\n\n

So what is the price to own a private jet? There are many different factors, that extend way beyond the purchase price of the plane itself. <\/p>\n\n\n\n

You can purchase a brand new private jet, depending on the size and number of features, for anywhere from $2 million to $50 million. If you’d like a larger plane, that can hold a lot of people, a lot of fuel for further flights, and all of the latest technology, expect to spend hundreds of millions of dollars. <\/p>\n\n\n\n

But there are other costs, such as staffing and fuel, along with storage for the plane when not in use. <\/p>\n\n\n\n

And don’t forget about maintenance. Your plane needs to stay in tip-top shape, so you’ll need to have a team of people inspecting and working on your plane at all times. You can read more here<\/a> about plane maintenance. <\/p>\n\n\n\n

Of course, if you have the money, and have your heart set on private air travel, don’t let these factors deter you. <\/p>\n\n\n\n

How Much to Charter a Private Jet?<\/h2>\n\n\n\n

The average private jet cost, along with staffing fees, maintenance, and storage, makes owning a jet unnecessary for most people. Unless you are flying all of the time, it might make more sense to rent a private jet each time you need to take to the skies. <\/p>\n\n\n\n

If you only take a few flights per year, you can charter a private jet for anywhere from $2,000 to $23,000 per hour, according to Bankrate.com. Without the additional cost of maintenance and storage, these expenses can be much more manageable. <\/p>\n\n\n\n

Private Flights Are Becoming More Accessible<\/h2>\n\n\n\n

So how much to own a private jet? While the costs aren’t exactly cheap, they are much lower than they have been in previous years. Private flights are becoming much more accessible.<\/p>\n\n\n\n

Do you still need to be wealthy? Yes, but you don’t need to be among the world’s wealthiest in order to own or charter private aircraft.<\/p>\n\n\n\n

Looking for more information like this? Visit our blog now to keep reading. <\/p>\n","protected":false},"excerpt":{"rendered":"

The number of private jets in operation around the world is expected to grow by about 8,000 new planes. And while many of these new jets will be purchased by large corporations, offering luxury private travel charters, many will also be purchased by individuals. Owning a private jet is a reality for many of the […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[18],"tags":[],"_links":{"self":[{"href":"https:\/\/www.atyourbusiness.com\/blog\/wp-json\/wp\/v2\/posts\/9411"}],"collection":[{"href":"https:\/\/www.atyourbusiness.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.atyourbusiness.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.atyourbusiness.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.atyourbusiness.com\/blog\/wp-json\/wp\/v2\/comments?post=9411"}],"version-history":[{"count":1,"href":"https:\/\/www.atyourbusiness.com\/blog\/wp-json\/wp\/v2\/posts\/9411\/revisions"}],"predecessor-version":[{"id":9413,"href":"https:\/\/www.atyourbusiness.com\/blog\/wp-json\/wp\/v2\/posts\/9411\/revisions\/9413"}],"wp:attachment":[{"href":"https:\/\/www.atyourbusiness.com\/blog\/wp-json\/wp\/v2\/media?parent=9411"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.atyourbusiness.com\/blog\/wp-json\/wp\/v2\/categories?post=9411"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.atyourbusiness.com\/blog\/wp-json\/wp\/v2\/tags?post=9411"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}