How much does a private jet cause?

Depending on size, range, model, and features, a private jet can set you back anywhere from $2 million to over $100 million. 1 Much like used cars, private jets are subject to serious depreciation. If you are looking for a bargain, second-hand jets come much cheaper.

What does a small jet cost?

Cost to Own a Very Light Jet Generally, the price to acquire an aircraft in the Very Light Jet class is $1.5-$3.5 million. The cost of a Very Light Jet is determined by a multitude of aspects including the age and amenities included.

Is a private jet worth it?

A private jet rental for an entire weekend can run $100,000 or more. However, unless you spend at least 150 hours a year flying, a private jet rental is probably a better option than buying — that way, you avoid many of the yearly maintenance fees private jets cost you.

How much is the cheapest jet?

This is the cheapest private jet in the world — and it’s a true game changer. The Airbus A380 superjumbo may be the next big thing in private jets, but the tiny Cirrus Vision Jet is the next game changer. At $1.96 million, the diminutive Cirrus is the most affordable private jet on sale today.

Where can I work as a private jet pilot?

The Middle East offers many opportunities working for private jet companies, as does the UK and US. You can often find jobs listed on Cabin Crew Wings, Aviation Job Search and WorldClassCrew. Some airlines will also advertise their jobs directly, such as Chapman Freeborn.

How many private jets are there in the world?

Overall, 11,261 private jets were registered for use in the United States, and 7,997 in the rest of the world. ✈ The US makes up 49.7\% of the world market for private jets; Europe 20.8\%; Asia Pacific 11.8\%; Latin and South America 11.6\%; Africa and the Middle East: 6.1\%. ✈ Average Jet Charter Rates (Per Hour)

How much money do you need to own a private jet?

However, they also noted that it will typically cost $500,000 to $1 million a year just to operate a private jet. This means that a private jet owner will probably need at least $10 million in income per year to afford to become a jet setting jet owner.

Do companies pay for executives to use private jets for business?

Most of the largest US corporations own or lease private jets to fly top managers to business meetings, but the contentious practice of companies paying for executives to use the planes for personal trips has come under pressure since the 2008 financial crisis.