With today's fuel prices, it costs about $450,000 to fill up a Boeing 747, depending on your market. By contrast, the Gulfstream G280, a popular business aviation aircraft, costs around $8,000 to fill.
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The cost of fueling your private jet can vary significantly. For example, on May 11, 2022, the IATA per gallon price was $4.82 in North America, $4.01 in Europe, and $3.55 in Asia. At Boston's Hanscomb Field Jet A was selling between $9.79 and $13.38 per gallon.
Using leaded avgas in a modern car would ruin components such as the catalytic converter. Conversely, Jet-A wouldn't work in a gas engine. It would be like putting diesel fuel in your gas-powered car, it just won't run.
Buying a private jet can cost anywhere from $3 million to $75 million, according to Simple Flying, and maintenance fees can cost between $500,000 and $1 million yearly. Then you've got airport and hangar fees as well as the wages for pilots and cabin crew.
The Boeing 777-200LR holds the world record for the longest non-stop flight without refueling with a flight distance of 11,664 nautical miles (21,601.7 km). The 777-300ER, which is the most popular variant, has a range of 14,490 kilometers (7,825 nautical miles).
While several more fuel-efficient aircraft are traversing the skies today, a Boeing 747 quadjet burns up to one gallon of fuel every second. Every. Second. That means that during a five-hour flight, a Boeing 747 will burn 18,000 gallons of fuel.
Roei Ganzarski, chief executive of the electric motor manufacturer MagniX, told the BBC that a small aircraft will use $400 on conventional fuel for a 100-mile flight — but with electricity, “it'll be between $8-$12, which means much lower costs per flight-hour.”
H2 is perceived as an attractive alternative aviation fuel both in recent and past research as it has a great supply potential, contains three times the energy content per weight of traditional jet kerosene (43.2 MJ/kg vs 120 MJ/kg respectively) and does not produce CO2 from combustion.