Research shows that private jet flights soared to an all-time high in 2021, with over 3 million flights taking place globally. That’s due to the many benefits offered by private air travel.
Are you curious to know whether you can afford this type of luxury travel? Read this private jet charter guide to discover the most common private jet charter cost considerations.
Private Jet Charter Cost Considerations
When you look into renting a private jet, you’ll find numerous options to choose from. Each of these factors affects the cost:
Aircraft Category and Type
The bigger the jet, the bigger the price. That’s because larger jets cost more to run and maintain.
Very light jets may cost as little as $2,000 per hour, while ultra-long-range jets cost $10,000 or more.
Some jets offer more luxuries than others. So, you can expect private jet charter fees per hour to vary by as much as $2,000 depending on the type of jet you choose.
Billable Flight Time
You pay for more than the time you spend in the air when you hire a private jet. Billable flight time includes a minimum charge per day, as well as positioning fees, but it excludes taxi time.
Standard Airport Fees
All flights in the U.S. attract certain fees, although these are less impactful when they’re spread among the many passengers on a commercial flight. When you hire a private jet, your far includes:
Landing Fees
The airport authority charges its customers a fee to maintain its facilities. This may vary from $150 to $500 depending on the size and weight of the jet.
Ramp and Handling
Most private jet charter companies use a fixed-based operator. These facilities double as a storage facility and an aircraft maintenance company for private jets.
Most FBO fees vary from $100 to $500 per visit.
US Segment Fees and Excise Taxes
The federal government charges around $4.50 per passenger per leg. This may vary per region.
All U.S. domestic flight legs attract Federal Excise Tax at a rate of 7.5%. The FET applies to all air transportation, including private flights.
Extra Charges
Chartering a private jet gives passengers the ability to customize their travels as they like. However, most of these conveniences come with hefty extra costs. These may include:
- Crew overnight fees at $200 to $400 per person
- Extra charges for flight times below the daily minimum
- Hangar fees if you fly to a freezing destination – up to $1,500 per day
- Wi-Fi charges of $3 to $8 per megabyte
- Cleaning fees if required can cost up to $500
- De-icing charges can amount to thousands of dollars
- International fees depending on the destination
- Fuel surcharges in the event of oil price increases
Private Jet Charter Tips
There are a few ways you can save on the cost of chartering a private jet. These are:
- Sharing with other passengers
- Booking an empty leg flight
- Joining a private jet club
These cost-saving measures allow more people to enjoy the benefits of private jet charters, and also ensure that charter companies get more business. In this way, they contribute to bringing down the cost of flying private even more.
Enjoy Life’s Little Luxuries
It’s important to discuss every aspect involved in the private jet charter cost for your trip to avoid unexpected charges. So, be sure to enquire about all the above aspects when booking your flight.
If you can afford it, there’s no doubt flying private offers several benefits, especially when it comes to time savings and flexibility.
Are you interested in more ways to get the best value for your money? Browse our website for more useful information on a wide variety of lifestyle topics.
Alison Lurie is a farmer of words in the field of creativity. She is an experienced independent content writer with a demonstrated history of working in the writing and editing industry. She is a multi-niche content chef who loves cooking new things.