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The typical cost is between $2,000 and $14,000 per billable hour to charter a private jet. However, those prices aren’t the whole story. However, those prices aren’t the whole story.
The number of miles flown by private jets soared 53% between 2019 and 2023, while the number of private aircraft rose by 28%, according to a major new study published in Nature.
Over 2,000 Cessna CitationJets have been delivered, making it the most popular line of business jets. [1] View of the cabin, inside a business jet. A business jet, private jet, or bizjet is a jet aircraft designed for transporting small groups of people, typically business executives and high-ranking associates.
The $23 million Praetor 600 is a huge investment, but companies and wealthy travelers can split the cost through fractional ownership.
Fractional ownership of aircraft is an arrangement in which multiple owners share the use and costs of purchasing and operating an aircraft. Several management companies provide fractional ownership programs for aircraft, including NetJets, Flexjet, Cirrus Aviation Services, and AirSprint.
1975 - Omni Aircraft Sales sells Elvis's Gulfstream G-I and Jet Commander. [5] [6] [7] 1976 - Omni Aircraft Sales Aircraft purchases and resells the executive Playboy DC-9 aircraft belonging to Hugh Hefner. [8] 1977 - Omni Aircraft Sales attends the 1976 Paris Air Show trading in aircraft belonging to Elvis Presley, Frank Sinatra and Prince ...
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