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According to Air Charter Service, the price of hiring a jet depends on factors such as jet type and size. While a one-hour trip in a light jet could cost $4,000, a seven-hour flight in a heavy jet can cost around $140,000.
Prices vary depending on a range of factors, including:
You could pay up to $100 million to purchase your own customised aircraft. But renting a private jet can be a more cost-effective, flexible way to travel for business or leisure.
Aircraft at the lower end of the Mid-Size Jet segment (for example, the Bombardier Learjet 75 and Cessna Citation XLS+) are capable of non-stop ranges of nearly 2,000 nautical miles, whereas the larger jets within the segment – often referred to as ‘Super Mid-Size Jets’ have transcontinental capabilities between 3,000 and 4,000 nautical miles, connecting the east and west coasts of the United States. [links]
Mid-Size Jets are very safe to fly. The modern production aircraft in this category all incorporate highly sophisticated all-glass avionics suites that include excellent situational awareness instruments. here
The Bombardier Challenger 300 is the best-selling Mid-Size Jet model to date. According to JETNET data, 457 units were sold over a production run lasting between 2003 and 2014. However, the Challenger 350 – which replaced the Challenger 300 on the product line in 2014 – looks set to eventually also replace it as the best-selling Mid-Size Jet. As of fall 2020, the Challenger 350 had shipped 381 units. more
By Matt Harris here
Editor - Buyer Strategy & Finance for AvBuyer
Inevitably, with higher performance capability also comes with greater operating and acquisition costs. According to Aircraft Bluebook’s winter 2020 data, a new Mid-Size Jet costs between $9.0m (for a Bombardier Learjet 75 Liberty) and $21.0m for a Super Mid-Size Cessna Citation Longitude or Gulfstream G280.
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