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New private jets. The price for a brand-new private jet ranges from about $2 million to $660 million. The price is determined by many factors, including the size, maker, range, customization and ...
When using the aircraft, owners also pay for the flight hours and a nominal amount for taxiing. [2] The final cost component is fuel, which has a surcharge above the hourly fee to compensate for price volatility. An owner's share allotment is depleted for actual hours of occupied flight, plus taxiing, with a 1– to 2–hour minimum.
1973 - Omni Aircraft Sales purchases Frank Sinatra's Gulfstream II. [3] [4] 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]
The residual value level for a five-year old aircraft is at 56% of the list price. [21] A new business aircraft typically depreciates by 50% in five years before depreciation flattens between years 10 and 15, and the owner of a 15-to-20 year old aircraft is often the last, matching luxury cars. [22]
Used jets of the same make and model are available for sale between $26 million and $30 million, according to listings by the private aviation company Liberty Jet.
The company plans to build six to eight aircraft in 2019 and 24 during 2020, at its plant at South Texas Regional Airport in Hondo, Texas. The plant was officially opened in February 2019 and employs many ex-U.S. military aircraft maintenance personal to build the aircraft. Prices have not been announced, but sales are to start in July 2019.