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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. ... founder of Private Jet Card Comparisons, the typical ...
A jet card is a private aviation product that enables holders to use different aircraft at agreed-upon fixed hourly rates. Jet cards are offered by large and small fleet operators and charter brokers. [1] [2] There are as many as 65 variables between jet card companies, according to Private Jet Card Comparisons, a buyer's guide to jet card ...
The initial purchase price for a 1/16 share of a light jet starts at over $300,000. Monthly management fees start at about $9,000 per month. Occupied hourly rates start at about $1,500. Flexibility – The purchased share is for a specific plane. Any variations for a specific mission can bring additional costs and calculations.
For companies or individuals that require less than the minimum 50 flight hours and the five-year commitment of fractional ownership, they can buy flight hours in 25-hour increments via the NetJets jet card programs. [23] Due to a surge in demand for private aviation during the COVID-19 pandemic, NetJets suspended its card program in August ...
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Those three flights add up to about 28 hours of flight time, or over 11,000 gallons of jet fuel consumed, based on fuel efficiency data from Jet Advisors. Under Markey’s bill, Swift’s travel ...
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