Jetex offers a bespoke flying experience for the superrich. On average, the price of chartering a private jet through Jetex is $11,000 per hour, depending on the type of service and location. But with a fully customizable experience for those rich enough to afford it, the final cost could soar.
Owning a private jet comes with a minimum price tag of $3 million for a pre-owned light jet, to more than $50 million for a heavy jet like a Global 6000 or Gulfstream 650ER. However, chartering a private jet can be as low as Rs1. 5 lakh per hour in an aircraft like Cessna Citation II to as high as Rs3.
Jets that can go the whole transcontinental hog — like a Gulfstream 5, for example — will cost about R1. 5-million return. Divvying it up per person — smaller business jets seat between four and six — works out at between R166,000 and R250,000 a head, easily comparable to a first-class ticket to the same destination.
A private jet can cost anywhere from $2 million to over $100 million. Ongoing expenses may include flight crew salaries and expenses, the costs of routine maintenance and unforeseen repairs, hangar rental, and aircraft insurance.
Aircraft details and sample pricing.
| Passenger Capacity | Hourly Rate | |
|---|---|---|
| Midsize | 6 - 8 | $3,100 - $4,100 |
| Super Midsize | 8 - 10 | $4,400 - $4,600 |
| Large | 9 - 19 | $5,100 - $7,000 |
| Ultra Long Range | 10 - 19 | $7,500 - $12,000 |
MS Dhoni to Virat Kohli and Sachin Tendulkar: Indian cricketers who own private jets. ... Virat Kohli is the current captain of Team India, while he also leads Royal Challengers Bangalore in the IPL, as he is in the hunt for his maiden title.
Shahrukh Khan is one of the richest actors in the industry he also owns a private jet is often seen flying to different destinations with his family.
The cheapest private jet on the market is the small but mighty Cirrus Vision Jet at $1.96 million. The Vision Jet is the world's first single-engine private jet, powered by a Williams International FJ33-5A turbofan engine that produces 1,800lbs of thrust.
Landing fees vary by airport and usually depend on the size and weight of the aircraft. Expect fees to be in the $100 to $500 range.
On average, aircraft fill up with an estimated 3,500 gallons of jet fuel, costing an estimated $7,070. However, price can vary from $4,040 on the low end to $14,140 on the high end.
The reason they're so cheap is that people think they're ugly and they're slightly slower than the other jets in this size.
Unless you clock 800 to 900 hours of flying time a year - that's about 90 hours a month - owning a jet is not practical. The other challenging issue in India is more regulatory. You can either own the jet under private ownership or you can include it in the company books by taking a non-scheduled operators permit.
Private jets are costly for owners and travelers. The high cost is due to several factors, including ground services, fuel, and maintenance. Travelers also need to cover the cost of labor when hiring a pilot for a private jet. Landing and handling fees at airports can easily add up to $2,000 or more for a single trip.
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