A Guide to Private Jet Charter pricing
How Much Does It Cost to Charter A Private Jet?
Private jet charter rates are not for everyone. Private jet rental is expensive! The private plane industry revolves around corporations, athletes, celebrities, government and affluent families. Let’s be honest anyone looking to rent a private plane has to be making at least a million a year to be able to afford doing it on a regular basis.
The big question for most people is, How much does it cost to charter a private jet?
Aircraft act like commodities so private jet pricing does fluctuate, the higher the demand the higher the cost for private plane rental. Then there is private plane positioning. The aircraft best positioned for a mission typically wins. Furthermore, a large percentage of private jets owners still require minimums for non flight days.
In addition, other private jet charter costs are taxes, fees, and fuel. Let’s break it down for you. Here is average private plane charter pricing per category. This is all inclusive private air charter hourly pricing.
How Much Does It Cost to Charter A Private Jet Hourly – Floating
Turbo Prop: $2200 Light Jet: $5500 Mid Jet: $6500 Super Mid: $8500 Heavy Jet: $11,500If you multiply these numbers by the flight time of your private jet trip, then you will have a good idea of the actual cost to charter a private plane. Light jets and midsize jets have a two hourly daily minimum, and super mid and heavy jets have a three hour daily minimum. So for example, a two hour trip on a turbo prop will cost you $4400 dollars ballpark. This is a private jet pricing model used by many floating fleets.
Let’s talk about local vendors and transient aircraft. These aircraft typically use a different pricing model. The aircraft will not float and will typically come back to their home base. This model differs from the floating model greatly when it comes to private jet price. Again all turbo props, light jets, and mids have two hour daily minimums and super mids and heavy jets have a three hour daily minimum.
What is a daily minimum?
Minimums are charged when the aircraft is not flying. There actually is a formula for this; Total flight time minus 2hrs per day will equal the trip minimums.
How Much Does It Cost to Charter A Private Jet Hourly – Non Floating
- Turbo Prop: $1850
- Light Jet: $3200
- Mid Jet: $4800
- Super Mid: $5400
- Heavy Jet: $9500
So for example, if you are taking a trip from West Palm Beach to Aspen for five days the total private jet flight time is about ten hours. The aircraft will not fly for three days so that makes six hours. Ten minus six is four hours. So we add the 10 hrs of flight time plus the 4 hour minimums for a total of fourteen hours. On a light jet that is about $44,800 for the round trip.
The aircraft will also incur $1,000 dollars of overnight fees for pilots. In this case they will be there for 4 nights. So your total private jet charter cost to Aspen from Palm Beach will be about $48,800 ballpark. Again, I stress BALLPARK. Every aircraft is priced differently according to age, model, the management company, and the owner of the plane. So quotes can vary plus or minus several thousand dollars.
At West Palm Jet Charter we do a complete market analysis on every private plane flight. We interact with over twenty sources on every private air charter. Our expert private plane charter flight team compares all floating fleet vendors to local vendors. We also search for transient aircraft, and negotiate contracts to get you the safest best positioned aircraft for every mission.
Contact West Palm Jet Charter expert flight team today for private jet rental.
