How much does a private jet cost?

private jet cost

While a one-off short flight on a light jet might be had for as little as $5,000, you can also buy a new $70 million ultra-long-haul private jet. We look at the options, including full ownership, fractional shares and leases, jet cards and on-demand charter

The cost of a private jet varies widely, from owning an entire aircraft to chartering on-demand. But what are the options?

Fractional ownership and leases, as well as jet cards, have become a popular middle ground, providing convenience and consistent experience in many ways offering the best of either full ownership or on-demand charter.

However, figuring out the right solution isn’t necessarily based only on flight hours. Current U.S. tax benefits of full or fractional ownership can tilt the scale in their favor, particularly if most of your flying is for business.

PlaneSense expands its Pilatus PC-24 private jet fleet

PlaneSense Pilatus PC-24

The fractional operator sells shares on its Pilatus PC-12 and now expanding PC-24 fleet

While most people would probably know the nation’s two biggest fractional operators are NetJets and Flexjet, they might be hard-pressed to name number three. That would be New Hampshire-based PlaneSense. And while the two leaders battle it out with Gulfstream G650s and the Global Express, PlaneSense continues to pursue the short to mid-range flight market. Today it announced it has taken delivery of its third Pilatus PC-24, a twin-jet with a range of 2,000 nautical miles, and a takeoff distance of just 2,930 feet, including gravel and grass runways.

NetJets, Wheels Up, Jet Smarter and JetSuite compared

NetJets, Wheels Up, JetSuite, JetSmarter

The four most searched private aviation companies on Google are very different, although they also have some similarities

In the world of private aviation solutions – fractional ownership, leases, jet cards, memberships, seat sharing, semiprivate airlines, and so forth, four companies have generated the most interest, according to Google Trends. Surprisingly, perhaps, they are each quite different once you get past the fact that they all want to fly you somewhere.

In terms of interest, Wheels Up (red) followed by NetJets (blue), JetSmarter (yellow) and JetSuite (green) are the most search private aviation companies. Source: Google Trends

NetJets, Flexjet, and VistaJet: Comparing the large cabin options

NetJets, Flexjet and VistaJet compared

Across fractional ownership, leasing, and jet cards, we look at the leading branded private jet options when you are looking for large-cabin, long-haul solutions (including seat maps)

If you are looking for program access to a branded fleet of large-cabin aircraft and are based in the U.S., the options are somewhat limited, although they include the three of the most prominent fleet operators out there with NetJets, Flexjet and VistaJet. Also of note is Dumont Group, which expects to have a fleet of around 27 Dassault Falcon 2000 aircraft by early next year. In this report, we give you an overview of the current options from each provider.