Private Jet Charter Cost Estimator & Rental

In most cases private jet providers calculate the hourly rate to estimate the costs of a private jet rental. The type of travel you do can be even more important than the number of flight hours. For example, if you often need to book one-way flights, you’ll incur additional costs for sending the plane and crew back home. Our personal account managers will tailor an all-inclusive quote with a selection of different aircraft options to choose from. We value business relationships and due to our access to a global aircraft fleet, we can always find a solution for your private jet charter in India. Learning to navigate the multitude of companies and different categories of private air travel—from fly-share services to fractional ownership—can feel overwhelming.

Renting a Turboprop aircraft in India

A private flight club membership allows you to book domestic or international flights on a variety of jets at set hourly rates, often with short notice. To join, you purchase a membership from a charter company, which gives you access to its fleet. Memberships are usually sold in annual increments, with a minimum one-year commitment. Interest in this company is skyrocketing—new client memberships are at the highest they have ever been, and sales in the first months of 2022 were up 185 percent from the same period in 2021. VistaJet’s fleet of silver and red aircraft includes corporate jets and the long-range Bombardier Global 7500, which has a bedroom and full-size kitchen.

1. Whatever your needs may be, the operator or broker will help you in choosing the right jet, so you don’t need to worry about it too much.
2. It offers the benefits of a new, modern aircraft, but with lower operating costs.
3. The number 9 slot for the cheapest new private jets is the Embraer Phenom 300E with a new list price of $9.5 million.
4. Same day departures available (up to 4hrs from the moment you call us).
5. Consequently, the M2 is a great candidate to be an owner/operator aircraft.
6. Do you find even first-class service on commercial airlines more frustrating than fulfilling?

Light jets are popular among business travellers and those seeking a balance between speed and cost. They provide a comfortable and time-saving mode of transportation for various purposes. Chartering a private jet isn’t much more complicated than booking a commercial flight. To make things smoother, we’ve outlined the general steps to follow and things to look out for. The main factors that decide the price are the size of the jet, the number of people on the flight, and the length of the flight. It’s good to keep in mind that these flights sometimes get cancelled.

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1. With fractional ownership, your piece of the pie is allocated in hours.
2. These aircraft provide a balance between performance and capacity, accommodating a larger number of passengers while maintaining efficiency.
3. To find out the cost of a seat, you need to find the hourly rate of the aircraft, the total flight time and how many seats are on board.
4. These are either licensed resellers of unused fractional shares, or they are charter brokers who make arrangements with charter companies who sell blocks of time to them, at a discounted rate.
5. Ranging from single-engine turboprop aircraft, all the way to heavy jets and ultra long range jets, you are given a chance to choose an aircraft that suits your specific preferences and requirements.
6. Pricing varies in different regions of the world for the same aircraft type.

Our private jet charter cheapest private jet price in india prices are all-inclusive whether you take a one-time flight with us or use your membership card. Check out how much it is to rent a private jet in either scenario. The most economical private jets – Turboprops, Very Light Jets, or Executive Light Jets – cost around $2,600 to $3,500 per flight hour.

Usually, the bigger the aircraft you wish to hire, the more you are expected to pay although, this is not always the main factor. For example, if you wish to charter a super light jet Phenom 300 with 8 passenger seats, you could expect to pay somewhere around 315,000 INR (€3,500) per hour just for the operating costs. If you wish to charter a heavy jet such as Falcon 2000LX with 10 passenger seats, the price might go up to 720,000 INR (€8,000) per hour for the operating costs.

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Choose the right type of jet depending on how many people are flying, how much luggage you’re carrying, the length of the flight, and the destination airport. Let’s look at a few different providers’ hourly rates to get a sense of the average price. Considering the costs of chartering a private jet and travelling abroad, managing your money with Wise could save you a bundle, especially on large amount transfers.

What is included in the cost of chartering a private jet?

Simply pay as you go and enjoy soaring through the skies in the safest and most luxurious aircraft in the sky. An aircraft’s total expected hours of usage per year ultimately determines the hourly rental cost for an airplane. To sustain yearly costs of $2M, 200 flight hours of expected usage means a breakeven of $10,000 per hour. The examples below will further explain how expected usage and daily flight time minimums play into the overall cost of renting a private jet. Aircraft types vary by age, range, interior configuration, refurbishment dates, and hourly rates. Below is a comprehensive list of private jets available on the global market and their average hourly rates.

Embraer Phenom 100

You might get notice of an empty leg flight only 24 to 48 hours before it’s set to leave, but some may be available further in advance. Empty leg flights are also just one leg of the journey, so you’ll need to find your own way back. Prices vary depending on the size of the plane, the length of the flight and the number of people on board. The typical cost is between $2,000 and $14,000 per billable hour to charter a private jet. While a private jet rental is considerably more expensive than flying on a commercial flight, it is still much cheaper than buying your own jet.

Private jet card memberships allow you to access and benefit from your provider’s aircraft. Different companies offer different levels and tiers of membership. “Jet card” or “jet membership” is a marketing term, so you should pay attention to how the pricing works.

Operated throughout North America by Vista America, Global 7500s offer the ultimate combination of range, speed, and comfort. The Vision Jet stands out due to its compact size and it is the first certified single-engine civilian jet. The Vision Jet received a warm reception when it was announced and before production started Cirrus had received over 600 orders for the aircraft. Just missing out on first place is the Embraer Phenom 100EV with a new list price of $4.5 million. Cessna based the M2 on the then out-of-production CJ1 variant of the CitationJet family.

Its Blade One planes offer seasonal service from NYC to Miami, Palm Beach, and Aspen. There’s no membership required and fliers can purchase multipacks of flight passes on certain routes. Established in 2006 as the Honda Aircraft Company, the HondaJet marks the legendary motor vehicle manufacturers entry into the private jet airspace. A relative newcomer, the HondaJet has quickly grown into one of the most well-known very light jets on the market today. Designed and produced by Embraer, a Brazilian manufacturer with a reputation for producing reliable and efficient aircraft, the first Phenom 100 took flight in 2007. More than 400 of these popular light business jets have been built.

Here is the breakdown and explanation of charges and fees of a domestic round-trip private jet rental. Using a sample route between Minneapolis and Phoenix, we itemize all the costs that make up the total private jet rental price for the respective flight. One way a private jet operator can defray his costs is by offering the jet to an aircraft management company, though nascent in India. The aircraft management company provides all the support such as pilots, maintenance crew; complies with DGCA requirements; flight planning, etc. By offering the aircraft to an aircraft management company, the owner can lower the ownership costs, while paying annual fees to the aircraft management company. The advantage is that the utilisation of the aircraft improves considerably and an aircraft up in the air makes money than while on the ground.

The flight cost of $27,750 plus the crew cost of $1,500 and $1,000 gives us a subtotal of $30,250. Do you find even first-class service on commercial airlines more frustrating than fulfilling? While you can charter a jet, the ultimate freedom comes when you own one. Before you buy, though, you should consider whether the investment is truly justified. Find out what exchange rate Currensea uses for card payments, ATM withdrawals and money transfers here in our handy guide. For example, if the plane has to fly empty to pick you up or after completing your flight.