The demand for private jets has tremendously increased in recent years. There are hundreds of reasons why you should prefer private jets over commercial flights. A private jet brings immense leisure when you are miles above the earth. That’s one of the reasons private aircraft are highly valued and widely used for air travel. JetLevel brings cost-effective private jets for your short and long travel which you can book anytime from anywhere.
So, how much does private jet cost? Private jet rental costs range from $2,000-$15,000 per flight hour which is influenced by a large number of factors. There is a wide variety of aspects that require closer attention and then influence the private jet’s rent.
We will have a deeper look into these factors to have a better idea of the private jet rental costs.
This aspect is the major determinant of the private jet rental cost. There are hundreds of types of jets that are distinguished from each other in every aspect. The size is another critical factor that has influenced the rental cost of a private jet. Jet sizes and types differ in various aspects such as
A private jet crew is based on two pilots and other flight attendants responsible for different onboard tasks. One member of an aircraft crew costs about $800 per night. This cost is for bearing their food, accommodation, and other onboard expenses.
Travel expense for the crew is dependent on various prospects such as:
These are additional services that influence the cost of your private air travel. These on-flight services include
Finances always take up a major share of private jet rental costs. Airport fee includes several taxes and other charges which are mandatory to pay for private jets. The airport expense includes several taxes such as
This price estimation is the average price which can vary based on various transitional factors such as travel distance, jet type, geographical area, airport costs, etc.
FACTORS AFFECTING PRIVATE JET RENTAL COSTS
The cost of renting a private jet varies based on factors like aircraft size, trip distance, and flight duration. Additional costs may include landing fees, crew overnight charges, and in-flight catering.
Type and Size of Private Jet
This aspect is the major determinant of the private jet rental cost. There are hundreds of types of jets that are distinguished from each other in every aspect. The size is another critical factor that has influenced the rental cost of a private jet. Jet sizes and types differ in various aspects such as
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Fuel expense
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Maintenance cost
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Airport space charges
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The number of Passengers and Volume of Luggage:
- The number of individuals and the amount of luggage directly relate to the aircraft size. In this scenario, the number of passengers is a significant factor in determining the cost of a private jet.
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Age of Aircraft:
- This is a fact that newer aircraft with exclusive and advanced features are more expensive to charter than the older ones.
- The private jet hourly rate lies in the range of $3,000-10,000 per hour, depending on the age and general condition of the aircraft.
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Distance of Destination:
- Depending on the distance, JetLevel will choose the most suitable private jet for you within a cost-effective range. As smaller jets are favorable for distances shorter than 700 to 1,200 nautical miles. While super mid and heavy jets are highly efficient for traveling longer distances for 1200 nautical miles or greater.
HOW TO CALCULATE PRIVATE JET RENTAL COSTS
To estimate rental costs, consider the hourly rate of the jet, duration of the flight, and additional expenses such as catering and airport fees. Prices also fluctuate based on demand and seasonality.
Trip Schedule
You must be wondering how the schedule can affect the private jet rental cost. It does affect greatly, as it is not a car to be parked anywhere. For a private jet, you have to acquire space at an airport. If you do a one-day tour it would be best as airline operators will ground the jet at the allotted destination. If a trip is longer than 2 days, the jet has to leave the airbase empty and it would ultimately affect the final cost. Other factors which influence private jet rents includeDeparture and Return Day:
The total duration of your trip can greatly affect the final private jet rental cost.Timetable:
JetLevel Aviation will provide customized solutions to accommodate departure times when the commercial airline is not available.Duration of Stay:
Private jet rent varies for a one-day trip and a staying trip for more days. JetLevel provides you with a complete guide on how to book a private jet for your trip. All the above-mentioned aspects are well-managed by the JetLevel team within an affordable range and nothing is left for you to worry about.Private Jet Crew
A private jet crew is based on two pilots and other flight attendants responsible for different onboard tasks. One member of an aircraft crew costs about $800 per night. This cost is for bearing their food, accommodation, and other onboard expenses.
Travel expense for the crew is dependent on various prospects such as:
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Duration of stay
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Travel distance
On Board Services
These are additional services that influence the cost of your private air travel. These on-flight services include
- Sleeping arrangements
- Catering or ground transportation
- On-board Wi-Fi
- Cleaning and Hanger fees.
- Wi-Fi services cost ranges from $3 to $850 per megabyte depending on the convenience and standard rates of the specific area. Some older aircraft may not have Wi-Fi, while more advanced jets have built-in Wi-Fi systems.
Fuel Surcharge
Basic cost of fuel is already included in the total jet rental cost. The fuel surcharge is the fuel cost that exceeds the estimated cost of fuel for a flight. Fuel surcharge also aligns with the size of the aircraft and it can add up to the cost of $600-900 per hour.Finance Logistics
Finances always take up a major share of private jet rental costs. Airport fee includes several taxes and other charges which are mandatory to pay for private jets. The airport expense includes several taxes such as
- Aircraft’s landing tax
- Hangar fee
- Parking charges
- Expenses paid to the Airport
- The passenger transfer fee, etc.
Average Private Jets Rental Cost
| Most Famous Private Jets | Average Cost (per hour) |
| Turbo Prop (4-8 Seats) Very Light Jet (4 Seater) | $1700-4300 $ 4000 |
| Light Jet (6-8 Seater) | $ 6000 |
| Super Light Jet (6-8 Seater) | $ 7500 |
| Mid Size Jet (6-8 Seater) | $8500 |
| Super Midsize Business Jet (8-9 Seater) | $ 8500-10000 |
| Heavy Private Jet (10-16 Seater) | $ 10000-12000 |
| Ultra Long Range Private Jet (12-18 Seater) | $ 12000-16000 |
AVERAGE COST OF RENTING A PRIVATE JET PER HOUR
Rental costs can range from $2,000 to over $10,000 per hour, depending on the jet size and amenities. Light jets are more affordable, while larger, luxury models are at the higher end of the scale.
