what is the cost to have private jet

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Claire Ellis

During the Golden Age of Aviation, flight was a glamorous affair with well-dressed passengers, plenty of legroom, and cocktails served in proper glasses. Today's travelers may lament the stop of this fabled period, only it isn't over – you just have to wing private.

29 September 2021

How much does a private jet price?

The cost of flying individual

Private jet passengers have the freedom to fly around the world at their whim, jetting off for a Caribbean getaway, city-hopping beyond the U.s., or flying their boardroom to a terminal-minute business coming together. Without commercial flight schedules and crowded airports to contend with, flight becomes fun, efficient and hassle-gratuitous. But how much does a individual jet cost?

That question is more complicated than y'all might think. Whether you lot're purchasing your own plane or chartering a jet for a single trip, many factors touch the price of flying individual. We accept a look at these costs, weigh up the pros and cons of purchasing new vs. pre-owned, and check out some of the aircraft currently available for auction – and for lease – through ACS.

Private jets for sale

In partnership with Jet Advisors, Air Charter Service'south Aircraft Sales Partitioning uses its extensive industry experience to aid clients purchase and sell individual jets. We offering individuals and corporations the nigh comprehensive new and pre-owned aircraft sales and acquisition service on the market place.

Whether you are a showtime-time buyer, or already ain an aircraft and are looking to upgrade, our sales and acquisitions experts are set up and willing to help. Nosotros will manage the entire transaction from market enquiry through to the purchasing process and beyond, and then you lot tin rest assured that your best interests are catered for, whether you are buying or selling your luxury aircraft.

With our extensive network of partnerships we are also able to assist in many other areas of the process such every bit financing, taxation planning, coiffure staffing, interior completion and shipping management. With over 100 years of shared manufacture feel and global reach across six continents, nosotros have the local and global market place data and expertise to ensure a seamless and optimal transaction for our clients.

Private jet models and prices

Here are some of the individual jets currently bachelor to buy through our sales division:

CESSNA Commendation I SP FOR Sale

Cessna Citation I SP — Cessna Commendation I SP

Year: 1980
Price: Owner accepting offers
Passengers: seven
Specifications:

967.9 AFTT
3879 Landings/Cycles
Certifications: RVSM, MNPS
Freon Ac: CESCOM
Thrust Reversers
Provisions for HF radio
ADF: Collins ADF-60A
Dual Air Data Computers: Shadin
Communication Radios: Collins VHF-xx
Compass: Dual Sperry Rand/Honeywell C-14 Gyrosyn
DME: Collins DME-twoscore
Flying Director: Honeywell FZ-500
GPS: King Bendix KLN-90B
Navigation Radios: Dual Collins VIR-30A
Radar Altimeter: Sperry Rand/Honeywell
RMI: Dual Collins 332C-10
Transponder: Dual Collins TDR-ninety
Weather Radar: Collins WXR-300

Enquire Most THIS CESSNA CITATION I SP
Email - aircraftsales@aircharterservice.com
Call your local office

Learn more about theCESSNA Citation I SP

CESSNA Citation Ii FOR SALE

Year: 1982
Price: $295,000
Passengers: 9
Specifications:

17,261 AFTT
13,147 Landings/Cycles
Maintained: European union OPS
Not on whatever maintenance plan, e'er hangared
Certifications: RVSM
Equipped with: CESCOM, RVSM
Avionics: ADF: Dual Collins
CVR, FDR, RMI: Dual Collins
Avionics Bundle: Collins Pro Line 2
DME: Dual Collins
Navigation Radios: Dual Collins
Aircraft volition be delivered with fresh Phase 5 inspection
In add-on to the asking cost, three spare engines and spare parts are bachelor to buy
On current AOC with EU operator (EASA) Danish registration

Inquire ABOUT THIS CESSNA Citation Two
E-mail - aircraftsales@aircharterservice.com
Call your local office

Acquire more about theCESSNA CITATION Ii

BOMBARDIER LEARJET 35A FOR Sale

Year: 1982
Cost: $395,000
Passengers: eight (includes belted toilet) or 1 stretcher and 5 seats or 2 stretchers and 3 seats
Specifications:

17,747 AFTT
11,985 Landings/Cycles
EASA Compliant, still on AOC
Long range tanks
STC for medical equipment/stretcher
Avionics ADF: Dual Collins ADF-60A w/dual Emmet-60A antenna
Altimeter: Aerosonic standby
Autopilot: J.Eastward.T. FC-200 due west/YD-202 yaw damper
Communication Radios: Dual Collins VHF-21C westward/eight.33 spacing and dual CTL-22C controllers
CVR: Fairchild A100A
DME: Collins DME-40
FDR: Fairchild F800
GPS: Dual Trimble 2101 I/O Plus
How-do-you-do Frequency: Male monarch KTR-953 w/KAC-952 antenna and Motorola NA-135 SELCAL
HSI: Collins Pilot
Navigation Radios: Dual Collins VIR-30A
Radar Altimeter: Collins ALT-55B
RMI: Aeronetics
TAWS: Honeywell Marking VIII EGPWS
TCAS: Honeywell CAS-67A TCAS-Ii w/change seven.i
Transponder: Dual Honeywell MST-67A west/PS-550 controller
On current AOC with EU operator (EASA) Danish registration

Enquire ABOUT THIS BOMBARDIER LEARJET 35A
Email - aircraftsales@aircharterservice.com
Call your local part

Acquire more about the BOMBARDIER LEARJET 35A

Hawker 800B FOR SALE

Year: 1985
Toll: $890,000
Passengers: 8
Specifications:

The Hawker 800 is an upgrade of the 700, featuring a series of modifications. These include a modified fuselage and upgraded avionics enabling an increased range.

12,465 AFTT
8,169 Landings/Cycles
EASA Compliant
Maintained on CAFAM, Engines and APU are not on MSP. E Inspection (12 Mths) – xv April 2019, F Inspection (24 Mths) –15 April 2020, Thousand Inspection (48 Mths) – 15 April 2022, B Inspection (800 Hrs) – 718 Hrs to get, C Inspection (1600 Hrs) –1518 Hrs to go
TCAS seven.1 Compliant
Honeywell MK VIII EGPWS
Honeywell Class B TAWS
Collins Five Tube EFIS 86C
Dual Collins VIR 32 Navs
Dual Collins VHF-22B Comms
Dual Collins EFD-85 Flight Directors
Dual Honeywell MST67A Transponders
Dual Collins Air Data Computers
Dual Universal UNS-1Msp FMS
Dual Rex-956 HF Comms w/ SELCAL
Collins APS-85B Autopilot, Collins DME-42
Collins ADF-60B Collins ALT-55B Altimeter
Collins WXP-85 Colour Radar
Collins ALT-55B Radar Altimeter
Trimble 2000 GPS, Saturday/AFIS
Multi-Function Brandish
Certifications: EASA, RVSM, MNPS, Aug 2017
Interior refurbishment and March 2018 exterior

Enquire ABOUT THIS Hawker 800B
Electronic mail - aircraftsales@aircharterservice.com
Call your local office

Learn more about theHawker 800B

HAWKER 800XP FOR Sale

Year: 2000
Price: $two,450,000
Passengers: 8
Specifications:

The eight-seat Hawker 800XP has a spacious cabin at 21 anxiety long, 6 feet wide and 5ft 8 inches tall with an enclosed lavatory.

The jet has a long range that can fly from New York to Singapore
6,087 AFTT
iii,958 Landings/Cycles
Maintained: JAR OPS Full general and EASA Compliant; Maintained on CAFAM, B & D inspections c/west 11/fourteen. E, F, G & 16-Year Structural inspections c/west 12/04/fifteen. Gear overhaul due 02/24
Engines on MSP Gold. APU on MSP
Two owners since new
Professionally operated and maintained
Refurbished and repainted 2016
Certifications: RVSM
Avionics: Dual Honeywell RNZ-850
Autopilot: Honeywell SPZ-8000 IFCS
AFIS: AlliedSignal AFIS
Avionics Package: Honeywell Primus II
Communication Radios: Dual Honeywell RCS-851E due west/8.33 kHz spacing
CVR: Universal CVR -120
Navigation Radios: Dual Honeywell RNZ-850 west/RM amnesty
EFIS: Honeywell v-tube
DME: Dual Honeywell RNZ-850
FDR: AlliedSignal
FDR; Flight Rules: IFR
Flight Manager: Dual Honeywell EDZ-818
FMS: Dual Honeywell FMZ-2000 w/GPS
Equipped with: Engine Maintenance Program, 8.33 channel spacing, FM amnesty, Traffic Collision Abstention System, Flight Data Recorder
Non equipped with Winglets, XPR Upgrade

Ask ABOUT THIS HAWKER 800XP
E-mail - aircraftsales@aircharterservice.com
Telephone call your local role

Learn more aboutHAWKER 800XP

Buying a private jet

Interior of a luxury jet with a bright blue sky out of the window — Interior of a luxury jet with a bright blueish heaven out of the window

Buyers should first consider what size best suits their needs. Private jets can exist small turboprops or low-cal jets, mid-size or super-mid-size jets, heavy jets or luxury executive airliners.

Passenger capacity is ane of import factor, simply it's also essential to consider the typical distances you volition fly. Small planes need to finish and refuel on longer trips, which adds to the cost and travel time. On the other mitt, larger planes are expensive to operate if your typical flight time is brusk.

Next, consider whether you lot'd like a new or pre-owned aircraft. Equally a few examples, a make new Cessna Citation M2 (a low-cal jet that seats seven) costs well-nigh $4.5 million at base toll; the Learjet 75 (a popular mid-size jet that seats nine) costs almost $13.5 meg; and the ultra-luxurious Gulfstream G650 (a heavy jet that seats up to 10) has a base of operations price of $64.5 million. If a buyer plans on traveling with more passengers than that, the 17-seatBombardier Global 6000 costs $60.v one thousand thousand.

An shipping'southward lifespan is measured in flight hours and landings rather than age, so individual jets are ofttimes viable for decades. Many buyers opt to buy a pre-owned aircraft to cutting costs. Equally a comparison, possible prices get-go from $3.5 one thousand thousand for a used Cessna Citation M2, $7 million for a Learjet 75, $62 1000000 for a Gulfstream G650, and $fifty 1000000 for a Bombardier Global 6000.

The costs don't stop there though. The toll of a luxury private aircraft – whether it's new or pre-owned – is not small, but one time the plane has been purchased, the largest expense for owners is aircraft maintenance, which tin can cost from hundreds of thousands to several millions of dollars a year. One cistron to consider early is that while a brand new jet is more expensive than a pre-endemic jet, a new model will come nether full warranty to encompass any repairs or replacements within the kickoff few years of ownership.

Additional costs for private jet owners include insurance which, depending on the blazon of aircraft, can cost upwardly to tens of thousands of dollars per annum and sometimes even more. The plane volition also need fuel, which can run costs up to $1300 per hour. Hangar space is another toll to cistron in – after all, you wouldn't want to leave your expensive luxury aircraft exposed to the elements – and pilot and coiffure salary and expenses likewise business relationship for a large portion of the running costs of owning a private shipping. If you'd similar to customize the interior of your shipping, this can also come at a high toll, with aheight-of-the-line cabin blueprint costing as much as $100 million.

Can you imagine you and your friends in your ain luxury private aircraft, traveling everywhere on a whim, and sipping Champagne while the staff in the galley whip up a lavish meal? Of class y'all can. But you demand to think carefully nearly the investment required for ownership of a private shipping, and if you are willing and able to make that commitment. If the price and investment isn't quite within your reach then don't despair; you could be enjoying all that luxury past chartering a private aircraft, while someone else takes care of those expensive maintenance fees.

Chartering a private jet

Luxury private jet ready for boarding with another private jet in the background — Luxury private jet ready for boarding with another private jet in the groundwork

Given the high cost of owning an aircraft, chartering a private jet is a far better option for the bulk of travelers every bit it offers all the convenience of private jet travel without the expense of maintaining an aircraft. While individual jet travelers also pay costs such as fuel, airport handling fees, landing fees, crew costs and rider taxes, the expensive maintenance fees are covered past the owner.

When chartering a private jet, travelers tin can cut costs by choosing the ideal aircraft for each individual journeying they make. For instance, 1 week you lot could take a turboprop such as a five-seat PiperPA-34 Seneca from Boston to Nantucket for about $3,000, then the post-obit week wing your unabridged executive squad to Chicago for a business meeting in an viii-seater Hawker 750 for approximately $21,000. This style, you can ensure that the aircraft you select is ever the nigh toll-constructive choice. For more information, read our article on how much information technology costs to volume a individual jet charter.

Not every shipping can accommodate all routes. Small jet owners have to charter a larger aircraft or book a commercial ticket for long-haul flights. Additionally, some planes require a longer runway than others in order to land, so airports that have shorter runways like St Bart's andCourchevel aren't suitable for certain planes. When flight by private jet lease, travelers can residue assured that their plane volition always be suited to their destination.

Individual jet lease passengers can likewise take advantage of 'empty leg' flights, which happen when a 1-fashion lease aircraft flies dorsum to base or goes on to another location for its next booking. Empty legs offering an extraordinary disbelieve – sometimes as much equally 75% off the cost of a regular lease – equally the aeroplane would otherwise be flying empty. Taking advantage of these empty leg flights when they are available is highly recommended.

Which type of private jet is right for you?

The biggest indicator of an shipping's price is its size. The most compact options are turboprops and light jets, which are designed for short, regional flights. Travelers looking for enough space to move around the cabin can opt for a mid-size or super-mid-size jet, both of which typically seat seven to 9 passengers. For ample space and full luxury, choose a heavy jet or a luxury executive airliner. These models accept high ceilings, enclosed lavatories and the choice to travel with flying attendants. This category is the well-nigh luxurious and expensive.

While size dictates the number of passengers a airplane tin can accommodate, information technology is also often an indicator of the shipping's range. Most small jets accept a short range, so they need to finish to refuel on longer flights which can add together considerable price and time to the journey. On the other manus, a large jet has high fuel costs and is non the nearly toll-constructive option for a short private flying. However, a large size does not ever equate to a long range. Some small shipping are optimized to have a longer range and other large jets are less efficient.

The price of a new private jet varies greatly. For example, a newBeechcraft Rex Air 350i, a turboprop that seats 8, starts at approximately $7.5 1000000. If y'all're looking for a lite jet, a newCessna Commendation CJ3+ could be listed for effectually $8 million. The about popular shipping are listed in our top five lowest cost private jets available today.

The Learjet 75, a pop mid-size jet that seats ix, is currently listed at $18.2 million. In the super-mid-size category, theCessna Citation X+ goes for $23 million. Moving up to the heavy jets, theEmbraer Legacy 650 is listed at $25.9 million. For an even more luxurious heavy jet, the Gulfstream G650 has a base price of $64.5 million. If you're seeking a luxury aircraft with an ultra-long range, the 17-seater Bombardier Global 7000 goes for $73 million.

Should you lot buy a new or pre-owned aircraft?

We mentioned that the lifespan of a private aircraft is not measured in years, but instead is measured by flight hours and the number of landings it has made. Private shipping also typically make far fewer have-offs and landings than commercial shipping. For that reason, buyers tin can often find an older jet in skillful condition for a far lower price than a brand new plane. Just comport in mind that with a new individual jet comes a warranty to accept care of repairs and replacement parts, which can relieve you a lot of money in the long run.

How would y'all like to outfit your jet?

1 of the perks of ownership is the freedom to outfit the cabin of your private jet exactly as y'all'd similar. This might hateful adjusting the number of seats then it fits your family perfectly, or splurging on animprovident individual jet interior. The most lavish cabins feature custom leather upholstery, elegant main bedrooms, and top-tier aviation entertainment systems. The heaven'southward the limit for individual jet customizations and these interiors can hands achieve hundreds of millions of dollars. To learn more than, read our article on thecost of a custom private jet interior.

What are the operating costs of a private jet?

Once y'all own the shipping of your dreams, you'll need to pay to operate it. There are the fixed costs we take already mentioned such as hangarage and insurance, plus the variable costs which chronicle to the number of hours flown. These include fuel costs, maintenance of the aircraft, landing fees at airports and hourly rates for pilots and coiffure.

Everything adds up, but at that place are ways to mitigate the costs. Many owners decide, for instance, to recoup costs by chartering out their private planes when they aren't in use. While this can be a way for the owner to save money, it besides involves a monthly fee to a management visitor for handling the charter operations.

Should I consider chartering a private jet?

We know at present that the cost of ownership of a individual jet can become quite expensive, with the cost of the plane not always being the virtually expensive part of the process. Private charter passengers savor the perks of luxury private jet travel without having to deal with expensive running costs and maintenance fees. While there are fees when a rider flies past jet charter – like fuel, airdrome handling fees, hangar parking, crew costs and passenger taxes – avoiding maintenance costs tin save y'all millions in the long term.

Additionally, travelers on jet charters are gratuitous to choose the ideal aircraft type for every journey they have. Each trip will have a most cost-effective option. Equally an example, the best private plane for a trip from New York to the Hamptons will be unlike from the best airplane for a flight from New York to Los Angeles. A good individual jet charter company can help you choose the right plane for each individual trip.

How much does it toll to charter a private jet?

As an example, a short flight from New York Teterboro to Montauk Airport in a turboprop like aCessna Grand Caravan 208B might cost effectually $3,100. As the aircraft seats nine, the per person cost is quite reasonable. If you lot're traveling from Teterboro to Palm Beach International Airport with your family, you'll want to take a faster jet. The eight-seatCitation CJ2+ costs approximately $17,500 and will get you there in two-and-a-half hours.

If you're traveling from Teterboro to Los Angeles Van Nuys Aerodrome with your colleagues, you lot'll want an airplane with a longer range and more space to spread out. A 12-seatChallenger 601 could cost approximately $48,000. Every bit these examples show, the best value aircraft is different for each particular journey. Jet charter passengers tin can choose the best plane every time they fly.

Additionally, sure airports cannot accommodate all aircraft. Big planes are often unable to country at airports with shorter runways. This means that owners of big planes need to charter or book a flight on a commercial airline when they fly to challenging airports.

As an added bonus, private jet charter passengers are able to take advantage of 'empty leg' flights. One of the best-kept secrets in the private aviation industry, empty legs happen when a client books a one-mode charter aircraft. As the plane needs to fly back to its base of operations or on to another airport, the aircraft would otherwise be flying empty. Travelers can purchase that road as a lease flight at a major discount – often up to 75% off. To learn more about empty leg flights, read our commodityon the cheapest individual jet charter trips.

Practise y'all accept questions mostpurchasing a private jet or the price of arranging aindividual jet charter? If so,contact us. Our specialists will provide you lot with all the assist you need, whether yous are looking to purchase a private aircraft, or charter i.

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