Renting a charter jet and flying private can be a luxurious and stress-free experience compared to commercial flying. But how much does it actually cost for you to rent out a private jet for your trip? This can be a loaded question for most people and difficult to answer definitely in some cases.
Most private jet options are priced at varying rates based on a few factors. Not only does the price you pay depend heavily on the types of jet booking you go for, but also other factors related to where and when you’re flying. Flying private might always seem expensive to most people, but you’re getting the top-quality service you expect to see when renting out a charter jet.
Are you wondering what a charter jet costs to rent? Thinking about looking at private jet options for an upcoming trip? Continue reading to understand what the average charter jet rental cost is so you can decide if renting is the right choice for you.
What’s the Average Cost for A Charter Jet?
While the overall cost for taking a trip with a private jet will vary, what is the average cost that most clients will pay for doing so? The cost for renting a private jet on average will range from $2,000 to $11,000 per billable hour. Unlike flights with other commercial airlines, a private jet will cost a client an hourly rate instead of one flat rate for their trip.
This average cost will vary depending on a number of factors that may increase the price. But most economic private jets can cost around $2,600 to $3,500 per flight hour. This would include turboprops and light jets or executive light jets, which have other specific differences between them.
Other midsized jets and larger jets can be as much as $6,000 and $11,000 per flight hour for their larger size. And for higher-end and ultra-luxury private jet options, the cost can skyrocket as high as $11,000 to $18,000 per flight hour.
Trips that are charged per flight hour can be domestic flights that last about 2 hours. For other flights that go international, the cost can be even higher if the trip to your destination is much longer.
Other Factors for Private Jets
In addition to the size of the charter and how long you travel, other factors that will influence the price include your destination and how long you stay. When renting a charter jet, most crews will fly you to your destination and stay with you for the duration of your stay if your trip is short.
If a trip is longer than a few days, the private jet will fly back home and return to pick you up once your trip has concluded. This will cost more to do so because of travel costs and fuel, as well as parking the jet on arrival.
Another part of this is the location where you land. The carrier of your charter will have to ferry the aircraft in and out, which can bring up the price of the rental. This includes landing fees, ramp and handling, and a federal excise tax on all domestic flights.
Possible Additional Fees
When renting a private jet, your trip can also increase from additional fees that can get added depending on the nature of your trip. This includes things like taxes for certain states (Hawaii and Alaska), international fees, and cleaning fees. Most of these factors can be calculated beforehand when you’re planning a trip, with the exception of cleaning fees from any mishaps that occur during a trip.
The amount you pay for the trip can also increase from things such as Wi-Fi accessibility and crew overnight fees. If you’re going to be taking a long trip and need Wi-Fi access for any reason, you’ll end up paying for it in most cases. Most newer charters will have standard Wi-Fi options, including free Wi-Fi, but the speed and feasibility of it will vary.
Overnight crew fees can add up per crew member to cover expenses related to being away from their homes. This can range from $200 to $400 per crew member and includes things like lodging and food for them. While you’re on a flight, other amenities like food and drinks can also be purchased separately while en route to your destination.
If you book a private jet with a destination in cold weather, you may also see fees for deicing. This is to cover expenses for deicing a jet when snow and ice accumulate on it during a trip. The cost of this can range anywhere from $1,500 to $10,000 depending on the size of the aircraft you’re flying with.
Booking Your Charter Jet
With our look at the factors for renting a charter jet, you’ll have a better understanding of the costs involved with flying private. For those looking for more flexibility and privacy when they travel, renting a private jet may be the best option to go with. It will cost a lot more than the average l=plane ride, but you’ll have the high-quality service and comfort that come along with it.
Ready to take the next step and book a charter jet for your next trip? Visit Presidential Aviation to browse through options for renting a private jet to take you anywhere you need to go. They have many options and new blog posts to read when you want to see if booking a private jet is the right choice for you.