See full version: How much does it cost to timeshare a jet
You can expect to pay between $1,300 and $3,000 per flying hour on average for this low-cost private jet service onboard a turboprop or executive light jet; $4,000 to $8,000 per flying hour for a mid-size to super-mid-size jet; and $8,600 to $13,000 per flying hour for a large private jet.
How much is a seat on a private jet? [links]
An entry-level prepaid fractional jet card providing 25 hours of flight time on a light jet will cost between US $145,000 to $165,000. Added to this base price are taxes and specific fees such as Federal Excise Tax, per passenger taxes and fees, and passenger facility charges, plus fuel surcharges.
The cost of NetJets, which is the world’s largest private jet operator, will wholly depend on how often you travel and the level of commitment you want. For entry-level private jet usage, NetJets offers an exclusive membership card starting at approximately $5,000 per hour.
What does a Private Jet Charter from LA to Las Vegas Cost?
JetSmarter is a membership service that lets you take available seats on private jet flights for free, or get access to charter a flight yourself. There are last minute deals which vary and they run certain routes as shuttles. Now they’re offering a free 3-month trial if you have top… more
To fly private on a regular basis, it’s best to have both a $1+ million annual income and $25+ million net worth. In years when your income drops below $1 million, even if you still have a $25 million net worth, fly commercial instead.
In terms of jet sharing options in the U.S., you can: Buy seats on scheduled flights much like the airlines. Join a crowd-sourced flight and see if another folks sign-up so it actually takes off.
Prices: Charter flights tend to be less expensive than commercial flights. Even so, travelers should always compare charter flight fares with fares from commercial airlines as well. However, charters do tend to discount unsold seats close to the departure date. Less hassle: Charter flights are usually direct. here
Dave has meanwhile maintained NetJets’ industry-leading reputation for safety and service. In many important ways, our training and operational standards are considerably stronger than those required by the FAA. here
The NetJets brand – with its promise of safety, service and security – grows stronger every year. If you were to pick someone to join you in a foxhole, you couldn’t do better than Rich. No matter what the obstacles, he just doesn’t stop. Europe is the best example of how Rich’s tenacity leads to success. For the first ten years we made little financial progress there, actually running up cumulative losses of $212 million. After Rich brought Mark Booth on board to run Europe, however, we began to gain traction. Now we have real momentum, and last year earnings tripled.”
“Jordan Hansell took over at NetJets in April and delivered 2011 pre-tax earnings of $227 million. That is a particularly impressive performance because the sale of new planes was slow during most of the year. In December, however, there was an uptick that was more than seasonally normal. How permanent it will be is uncertain.
Fixed Costs per Year here
The decision to purchase a jet outright rather than a jet card or fractional ownership is one that should be made carefully after considering not only the costs, but also how you will use the jet and whether it will meet most of your flying requirements.
Cost of Ownership
Using the above assumptions, the total hourly cost of fixed and variable would be $2,638 (= $784 + $1,854).
For those looking to purchase a light jet outright, the Embraer Phenom 300 is a competitive option. Reviewers including Kevin O'Leary at Forbes Business Aviation Voice have given the aircraft positive reviews, specifically praising the size of the jet's cabin. The Embraer Phenom 300 boasts the largest space in the light jet class, and offers a large rear baggage compartment of 85 cu.ft, that can accommodate golf bags or skis. Couple this with a range of 1,971 nm (3,650 km) and you start to see why this aircraft has built a solid following.