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.

What’s the best fractional jet card?

Fractional jet cards are sourced from the fleets of companies that sell fractional ownership shares such as NetJets, Flexjet and Nicholas Air. But not all fractional share providers sell jet cards with PlaneSense as an example.

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