Hourly rates range from about $2,000 to $4,000 for a turboprop or smaller private jet up to $20,000 or more for a midsize or larger private jet that can fly longer-haul journeys.
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How Much Does it Cost to Rent a Private Jet? The cost to rent a private jet varies from $2,000 – $11,000 per billable flight hour. These hourly rates include a broad selection of aircraft from turboprops to finest executive jets in the skies.
The price will vary considerably depending on the size of the aircraft, how many passengers there are, and the length of the flight. A typical private jet charter can cost anywhere between $2000 and $11,000 per hour.
Cost savings: Chartering a private jet is significantly more economical than buying your own plane. When you charter, you'll pay only for the flights you use, rather than for the entire purchase price of an aircraft that may spend much of its time sitting in the hangar.
Midsize or Super Midsize Jets cost between $3,200 and $6,000 per hour. Large and Ultra Long Range Jets cost between $5,600 and $11,000 per hour within the US, and possibly higher internationally.
To be able to afford flying privately, your annual household income will likely need to be no less than seven figures. The minimum net worth of private flyers is usually around $25 million.
The most economical private jets - Turboprops, Very Light Jets or Executive Light Jets - cost around $2,600 to $3,500 per flight hour. Midsize or Super Midsize Jets cost between $3,200 and $6,000 per hour.
Sometimes. Depending on where you're flying and who are you're flying with, a first class ticket will almost always cost less than chartering a plane. But where there is a requirement for a small group to travel first class, chartering a jet can prove to be more cost-effective.
Seat sharing services allow travellers to buy seats on a per person basis, on a private aircraft, whether it's on a bespoke charter flight or on a pre-determined route (a shuttle). This can bring the cost of the flight down considerably.
TSA regulations state that for charter jets carrying more than 61 passengers, the passengers are required to pass through normal security. Light private jets, which normally seat anywhere from four to eight people, are therefore exempt from going through the same inspection as commercial flight passengers.
This jet can soar more than 7,900 miles without stopping to refuel. Another example is the Boeing 787-800 Dreamliner. For those looking for the ultimate luxury travel experience, the Dreamliner can fly for 17 hours straight without stopping for a fuel refill.