How Much Does It Cost to Rent a Small Plane
Private Jet Rental Cost
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How Much Does it Cost to Rent a Private Jet?
The cost to rent a private jet varies from $2,000 – $10,000 per billable flight hour. These hourly rates include a broad selection of aircraft from turboprops to finest executive jets in the skies. In addition to the hourly rental rates, there are a number of other factors that contribute to the overall price of chartering a private jet.
The most economical private jets - Turboprops, Very Light Jets or Executive Light Jets - cost around $2,000 to $2,800 per flight hour. Midsize or Super Midsize Jets cost between $2,900 and $5,800 per hour. Large and Ultra Long Range Jets cost between $6,000 and $10,000 per hour within the US, and possibly higher internationally.
Ultra-luxury VIP airliners such as the BBJs and ACJs in executive configurations cost anywhere from $11,000 to 18,000 per billable flight hour.
What Factors Determine the Total Costs of Private Jet Flights?
In most cases private jet providers calculate the hourly rate to estimate the costs of a private jet rental. However, this method does not always produce an accurate private jet charter quote. Online estimates are used to quickly calculate or ball park the price of a private jet flight. We will provide you with a final quote which is an all-inclusive price for your approval.
Here are the main factors that contribute to the overall price of a private jet charter flight:
- Private Jet Charter Price Factors
Aircraft Category
Aircraft category refers to the size of an aircraft. The bigger the jet the more expensive it is to hire it. From very light jets to ultra long range jets, private jet prices vary from $2,000 to $10,000 per hour or more.
Aircraft Type
There are a variety of aircraft types within each category of private jets. Some aircraft types are slightly more expensive than others based on market demand. You can expect price variations from $200 to $2,000 per hour or more.
Age of Aircraft
The hourly rental rate of a newer charter aircraft is higher per hour than that of an older aircraft. Prices can vary from $100 to $1,000 per hour or more.
Billable Flight Time
The total billable flight time includes positioning fees, time in the air plus, possibly, the industry standard which is a minimum of 2 hours per day, when applicable. Billable flight time refers to wheels up to wheels down and does not include taxi time.
- Fees Applicable to All US Flights
Landing Fees
Landing fees are charged by the airport authority to maintain the facility and they vary by airport, usually between $150 to $500 depending on the size and weight of the aircraft.
Ramp and Handling
Ramp and handling fees are anywhere from $100 to $500 per visit, charged by the fixed-base operator to handle and park the aircraft. These fees are sometimes waived if a minimum amount of fuel is purchased.
US Segment Fees
Segment fees are a government tax calculated per passenger and they vary by region. In the US a segment fee is $4.30 per passenger, per leg.
Federal Excise Tax
Federal Excise Tax is charged for all US domestic flight legs at a rate of 7.5%. FET is charged on any amount paid for air transportation. Learn how to calculate taxes on flights in the United States.
- Possible Additional Costs & Fees
Crew Over Nights
Crew overnight and per diem fees are between $200 and $400 per crew member per night to cover food, lodging, and other expenses related to being away from home.
Short Leg fees
Short-leg fees apply generally to larger aircraft categories and are set by the owner of the aircraft for flights under a specified duration. Industry standard daily minimum flight time is 2 hours per day.
Aircraft Positioning Cost
Aircraft positioning fees are based on the amount of flight time accumulated to position the aircraft to pick up passengers and for the aircraft to fly back to its home base.
Hangar Fees
Hangar fees are most commonly incurred in icy conditions to prevent ice, snow, or frost from accumulating on aircraft surfaces and to avoid deicing costs. Based on the size of the aircraft hangar fees can be anywhere from $500 to $1,500 per day.
Wi-Fi Charges
Wi-Fi fees range from $3.00 to 8.50 per megabyte depending on the region. Wi-Fi usage on a flight from Europe to the USA can cost from $3.00 to $6000. A broker can arrange an aircraft that offers free Wi-Fi when possible and feasible. Wi-Fi is standard on most newer aircraft.
Cleaning Fees
Cleaning fees are sometimes charged when a mishap occurs, requiring deep cleaning and carpet shampooing. Generally speaking, a standard carpet shampoo can cost $250 to $500 or more.
Deicing Charges
Whenever snow, ice, or even frost accumulates on aircraft surfaces, deicing is necessary. It is charged per application. Deicing can cost from $1,500 for smaller aircraft to $10,000 or more for larger aircraft.
International Fees
Depending on the event and the region, the international fees can cost anywhere from $500 to $5,000 or more. They include landing permits, overflight permits, customs, and immigration fees whenever required by your route of flight and the country of your arrival.
Fuel Surcharge
A fuel surcharge is applicable when there is a surge in fuel prices in the market. Fuel surcharges can possibly add $600 to $900 per hour or more depending on the size of the aircraft. Paramount Business Jets charter prices are inclusive of fuel surcharges unless specified otherwise.
- Optional Concierge Service Fees
Custom In-flight Catering
Standard snacks and beverages are included. Custom catering costs can vary based on what you order. You can easily expect to spend $600 to $1,000 for lunch for 4 passengers. A quote for the premium catering will be provided for your approval.
Ground Transportation
Ground transportation can cost anywhere from $100 to $1000 per reservation or more based on your specific needs and preferences. A quote for these services will be provided for your approval.
Extended Concierge Services
Our extended concierge services include in-flight spa services, in-flight celebrity chef services, special event VIP ticket booking, hotel, spa, and resort booking. A quote for extended concierge services will be provided for your approval.
Hourly Rental Rates and Prices by Aircraft Category
Paramount Business Jets offers private flights on a wide range of aircraft categories. The aircraft types within each category vary by price, range, interior space, passenger capacity, and air speed.
Very Light Jets
Price per Hour
$2,200 - $2,400
Cabin Height (ft)
4.2 - 4.9
Light Jets
Price per Hour
$2,600 - $3,100
Cabin Height (ft)
4.1 - 5.0
Super Light Jets
Price per Hour
$3,000 - $3,500
Cabin Height (ft)
4.1 - 5.0
Midsize Jets
Price per Hour
$3,200 - $4,300
Cabin Height (ft)
4.8 - 5.9
Super Midsize Jets
Price per Hour
$4,300 - $6,000
Cabin Height (ft)
5.7 - 6.3
Large Jets
Price per Hour
$5,600 - $8,000
Cabin Height (ft)
5.9 - 6.2
Ultra Long Range Jets
Price per Hour
$8,000 - $11,000
Range (hrs)
10:00 - 17:00
Cabin Height (ft)
6.0 - 6.4
VIP Airliners
Price per Hour
$16,000 - $23,000
Cabin Height (ft)
6.5 - 7.3
Helicopters
Price per Hour
$1,700 - $2,500
Cabin Height (ft)
3.9 - 6.0
Our private jet charter prices are all-inclusive no matter if 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.
- On Demand Jet Charter Costs
The Paramount on-demand charter prices represent the best value in the market, available on a per-trip basis in any size aircraft.
You can get an private jet charter quote or call us for immediate assistance.
- Private Jet Membership Prices
The Paramount Jet Card Membership prices are based on wholesale operator rates plus a low fixed transparent management fee.
Learn more about our transparent Jet Card pricing offer.
Paramount Business Jets' fair charter pricing featured in the New York Times:
"Paramount Business Jets flew the whole family to Hong Kong on a 9-seat airplane for $75,000. Other airline companies were charging as much as $125,000." The New York Times
Do you have questions or want to speak with a consultant? Call us at +1-877-727-2538 Ext 1.
A Closer Look at On Demand Charter Prices
If you want to find out more about private jet rental prices, check our comprehensive private jet rental guide.
- How to Calculate the Private Jet Rental Cost?
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- How Much Does it Cost to Rent a Turboprop?
- How Much Does it Cost to Charter a VLJ, Light Jet or a Super Light Jet?
- How Much Does it Cost to Book a Midsize Jet or a Super-Midsize Jet?
- How Much Does it Cost to Charter a Large Jet or an Ultra Longe Range Jet?
- How Much Does it Cost to Hire a VIP Airliner?
- Comprehensive List of Aircraft Types and their Rates
- How is the Hourly Charter Rate of a Jet Determined?
- How Much Does an Empty Leg flight cost?
- A Regional Private Jet Cost Comparison Case Study
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- How Much Does it Cost to Rent a Private Jet in the USA?
- How Much Does it Cost to Hire a Private Jet in the UK & Europe?
- How Much Does it Cost to Charter a Private Jet in Canada?
- How Much Does it Cost to Book a Private Jet in South America?
- How Much Does it Cost to Hire a Private Jet in Asia?
- How Much Does a Transcontinental Private Jet Cost?
How to Calculate the Private Jet Rental Cost?
Here is the breakdown and explanation of charges and fees of a domestic round trip charter flight. Essentially, this is a time, speed, and distance calculation. Using a sample route between Minneapolis and Phoenix, we itemize all the costs that make up the total private jet charter price for the respective flight.
A sample route between Minneapolis and Phoenix
Minneapolis to Phoenix - Sample Fees
Here is a line by line breakdown of charges that make up the total private jet charter cost of a common charter flight. Tax rates used are 2020 tax rates.
Trip Type | Round Trip |
---|---|
PAX | 4 Passengers |
Route | Minneapolis, MN to Phoenix, AZ |
Duration of Trip | 3 days, 2 nights |
Departure Airport | KMSP – St. Paul International Airport |
Destination Airport | KPHX – Phoenix Sky Harbor International Airport |
Total Distance | 2,552 miles |
Aircraft Size | Midsize Jet |
Hourly Rate | $3,400/hour |
Average Speed | 400 mph |
Billable Flight Time | 6.4 hours |
Flight Cost | $21,760.00 |
Crew Overnight Cost * | $1,500.00 |
Landing Fees | $500.00 |
Subtotal | $23,760.00 |
Federal Excise Tax | $1,782.00 |
Segment Fees | $34.40 |
Total Cost | $25,576.40 |
The total distance for this trip is 2,552 (one-way - 1,276 miles x 2) divided by the average speed of 400 mph equals total flight time of 6.4 hours.
The flight time of 6.4 hours multiplied by the hourly rate of $3,400 equals a total of $21,760.
Average overnight costs and per diem for the crew are $750 per night for a 2-person crew totaling $1,500.
Flight time minimums of 6 hours (3 day × 2 hours = 6 hours) been exceeded for this itinerary and do not come into the calculation of the charter price.
The flight cost of $21,760 plus the crew cost of $1,500 equals $23,260.
Segment Fees are 4.30 per passenger, per flight leg, times 4 passengers equals $34.40.
Adding in the landing fees and taxes amounts to a total all-inclusive charter price of $25,575.60.
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How Much Do Private Jets of Different Sizes Cost?
Aircraft are categorized by size, depending on the range and passenger capacity. Simply, the larger the aircraft is, the greater the range, passenger and baggage capacities, and hourly charter rates will be.
Prices for private jets vary by size, type, and age among other factors
When choosing an aircraft size, consider which aircraft have the range to fly to your destination without fuel stops. A smaller aircraft requiring a fuel stop will have a lower hourly rate, but fuel stops increase travel time and add additional costs, not always resulting in the savings you were expecting.
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How Much Does it Cost to Charter a Turboprop?
Turboprops, powered by turbine propeller engines, seat 6 to 8 passengers and have an average cabin height of 4.8 feet. With a range of 3 to 4 hours, these aircraft are best for short trips under 1,000 miles and airports with shorter runways.
Name | Pax | Range | Speed | Hourly Cost | Flight Time |
---|---|---|---|---|---|
King Air 350 | 8 | 1,805 nm 3,343 km | 313 KTAS 580 km/h | $2,250 | 4.1 hours |
Piaggio Aero P180 Avanti II | 6 | 1,510 nm 2,797 km | 401 KTAS 743 km/h | $1,850 | 2.7 hours |
Pilatus PC-12 NG | 6 | 1,573 nm 2,913 km | 280 KTAS 519 km/h | $2,000 | 4.0 hours |
Beechcraft 1900D | 19 | 1,356 nm 2,511 km | 280 KTAS 519 km/h | $4,350 | 3.5 hours |
A Turboprop flight from NY to Washington DC in a 2008 King Air C90 GTI with 6 passengers would take 1 hour and 12 minutes and cost around $4,800. Similarly a flight from West Palm Beach to Miami in a 2017 Cessna Grand Caravan with 8 passengers will take 36 minutes will cost around $3,700.
Or a flight from San Diego to Los Angeles on a 2008 Pilatus PC-12 will take 36 minutes, and with 6 passengers will cost around $4,400.
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How Much Does it Cost to Charter a VLJ, Light Jet or a Super Light Jet?
Very Light Jets seat 3 to 4 passengers with minimal baggage capacity. Best suited for short day trips with a range of 2.5 to 3 hours (1,200 - 1,400 miles). The average cabin height is around 4.5 feet. Light Jets and Super Light Jets are suitable for itineraries of 3 to 4 hours (1,200 - 1,600 miles). The average cabin height is about 5 feet.
Name | Pax | Range | Speed | Hourly Cost | Flight Time |
---|---|---|---|---|---|
Citation Encore+ | 6 | 1,760 nm 3,260 km | 429 KTAS 795 km/h | $3,100 | 2.9 hours |
Citation M2 | 6 | 1,300 nm 2,408 km | 400 KTAS 741 km/h | $3,100 | 2.3 hours |
Citation Mustang | 4 | 1,150 nm 2,130 km | 340 KTAS 630 km/h | $2,750 | 2.4 hours |
Nextant 400XT | 6 | 2,003 nm 3,710 km | 460 KTAS 852 km/h | $3,450 | 3.1 hours |
Phenom 100 | 4 | 1,320 nm 2,445 km | 390 KTAS 722 km/h | $2,750 | 2.4 hours |
Phenom 300 | 7 | 1,951 nm 3,613 km | 453 KTAS 838 km/h | $3,350 | 3.1 hours |
The cost of chartering a 4-passenger Phenom 100 VLJ from Van Nuys to Las Vegas is around $5,100. The trip will take 59 minutes in the air. Using the same routing with a 2013 Citation M2 light jet holding 6 passengers, the flight will take 54 minutes in the air and cost around $6,350. A super light jet such as a 2004 Lear 40 can accommodate a total of 7 passengers, and a flight time of 52 minutes, would cost around $7,050.
Meanwhile, a flight from Fort Lauderdale to Atlanta in a 3 passenger VLJ, 2007 Eclipse 500 will take 2 hours and 5 minutes and cost around $7,600. The same flight in a light jet such as the 2002 Citation Bravo with 6 passengers will take 1 hour and 48 minutes in the air and cost $9,200. A 2001 super light jet such as the 2001 Lear 45 with 8 passengers will take 1 hour and 30 minutes in the air and cost $11,150.
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How Much Does it Cost to Charter a Midsize Jet or a Super-Midsize Jet?
Midsize and super midsize jets seat 7 to 10 passengers. Most offer a 4 to 5-hour nonstop range (1,600-2,000 miles). A few aircraft types in this category have a slightly longer range. Average cabin height is about 5.7 - 5.8 feet with some offering 6-feet stand-up cabins.
Name | Pax | Range | Speed | Hourly Cost | Flight Time |
---|---|---|---|---|---|
Challenger 300 | 9 | 3,100 nm 5,741 km | 476 KTAS 882 km/h | $5,950 | 4.7 hours |
Citation X+ | 9 | 3,242 nm 6,004 km | 528 KTAS 978 km/h | $5,950 | 4.4 hours |
Falcon 2000LX | 8 | 4,000 nm 7,408 km | 487 KTAS 902 km/h | $6,450 | 5.9 hours |
Gulfstream G200 | 9 | 3,312 nm 6,134 km | 494 KTAS 915 km/h | $7,050 | 4.8 hours |
Hawker 4000 | 8 | 3,283 nm 6,080 km | 482 KTAS 893 km/h | $5,950 | 4.9 hours |
Hawker 900XP | 9 | 2,818 nm 5,219 km | 446 KTAS 826 km/h | $4,450 | 4.5 hours |
Citation Latitude | 9 | 2,700 nm 5,000 km | 442 KTAS 819 km/h | $5,550 | 4.4 hours |
A flight from Los Angeles to Seattle on a midsize jet such as the 2008 Gulfstream G150 with 7 passengers will take 2 hours and 28 minutes in the air and cost around $21,200. The same flight on a super midsize jet such as the 2007 Citation Sovereign with 9 passengers will take 2 hours and 18 minutes and cost around $26,100.
A flight from Chicago to Washington DC on a 2008 Hawker 900XP with 8 passengers will cost around $14,800. Meanwhile, the same trip on an 8 passenger super midsize jet such as the 2007 Citation Sovereign will cost $17,000.
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How Much Does it Cost to Charter a Large Jet or an Ultra Longe Range Jet?
Large and Ultra Long Range jets seat up to 16 passengers, but usually around 12 to 14 passengers. These aircraft typically offer flight attendants, transatlantic range (3,000+ miles), and very comfortable stand-up cabins. Average cabin height is about 6 feet.
Name | Pax | Range | Speed | Hourly Cost | Flight Time |
---|---|---|---|---|---|
Challenger 850 | 15 | 2,250 nm 4,167 km | 459 KTAS 851 km/h | $10,900 | 3.5 hours |
Falcon 900LX | 12 | 4,500 nm 8,334 km | 481 KTAS 891 km/h | $7,200 | 6.7 hours |
Gulfstream G450 | 8 | 4,350 nm 8,056 km | 500 KTAS 925 km/h | $10,900 | 6.2 hours |
Gulfstream G500 | 13 | 5,000 nm 9,260 km | 516 KTAS 955 km/h | $8,700 | 6.9 hours |
Gulfstream G650 | 8 | 7,000 nm 12,964 km | 488 KTAS 904 km/h | $11,400 | 10.2 hours |
Global 6000 | 12 | 6,000 nm 11,112 km | 513 KTAS 950 km/h | $10,650 | 8.4 hours |
Global Express XRS | 12 | 5,450 nm 10,093 km | 513 KTAS 950 km/h | $10,500 | 7.6 hours |
Challenger 650 | 10 | 4,000 nm 7,408 km | 470 KTAS 870 km/h | $10,900 | 6.1 hours |
A flight from Los Angeles to New York City on a large jet such as the 2007 Challenger 605 with 12 passenger will take 5 hours in the air and cost around $60,400. The same 5 hour trip using a 2002 Falcon 2000 with 10 passengers will cost around $31,600.
A flight on an ultra long range jet from New York City to London on a 2010 Global 5000 with 13 passengers and 7 hours of flight time will cost around $78,000. The same trip on a 2013 Legacy 650 with 13 passengers and a flight time of 7 hours and 7 minutes will cost around $59,500.
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How Much Does it Cost to Charter a VIP Airliner
VIP Airliners can seat between 16 to 80 passengers depending on the individual model configuration with cabin heights up to 7 feet. Ranges are 3,000 to 6,000 miles.
Name | Pax | Range | Speed | Hourly Cost | Flight Time |
---|---|---|---|---|---|
Airbus ACJ320 | 19 | 4,950 nm 9,167 km | 485 KTAS 898 km/h | $22,300 | 7.3 hours |
Boeing Business Jet | 19 | 5,985 nm 11,084 km | 469 KTAS 868 km/h | $13,650 | 9.1 hours |
Boeing Business Jet 2 | 24 | 4,750 nm 8,797 km | 470 KTAS 870 km/h | $13,650 | 7.2 hours |
Boeing Business Jet 3 | 24 | 4,225 nm 7,825 km | 470 KTAS 870 km/h | $13,650 | 6.4 hours |
Lineage 1000 | 14 | 4,500 nm 8,334 km | 470 KTAS 870 km/h | $14,850 | 6.8 hours |
A VIP Airliner flight from New York City to Dubai on a 28-passenger 2011 Boeing Business Jet (BBJ) will take 14 hours and 29 minutes in the air and cost around 469,000, while the same flight on a 2002 BBJ with 18 passengers and a flight time of 15 hours and 20 minutes will cost around $392,000.
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Comprehensive List of Aircraft Types and their Rates
Aircraft types vary by age, range, interior configuration, refurbishment dates and hourly rates. Below you will find a comprehensive list of private jets available on the global market and their average hourly rates.
Show Private Jet Hourly Rates by Type
VLJ
Name | Hourly Rate (USD) |
---|---|
Citation Mustang | 2,750 |
Eclipse 500 | 2,750 |
Hondajet | 2,500 |
Phenom 100 | 2,750 |
Eclipse 550 | 2,850 |
Phenom 100E | 2,850 |
Vision Jet | 2,500 |
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Light
Name | Hourly Rate (USD) |
---|---|
Beechjet 400A | 3,250 |
Citation Bravo | 3,100 |
Citation CJ1+ | 2,750 |
Citation CJ2+ | 3,250 |
Citation CJ3 | 3,350 |
Citation CJ4 | 3,100 |
Citation Encore | 3,100 |
Citation Encore+ | 3,100 |
Citation M2 | 3,100 |
Citation V | 3,250 |
Citation Ultra | 3,100 |
Learjet 31 | 3,250 |
Learjet 40 | 3,250 |
Learjet 40XR | 3,750 |
Nextant 400XT | 3,450 |
Premier I | 3,350 |
Citation CJ2 | 3,250 |
Citation CJ3+ | 3,750 |
HondaJet Elite | 3,100 |
Hawker 400XP | 3,350 |
Nextant 400 XTi | 3,750 |
Phenom 300E | 3,450 |
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Super Light
Name | Hourly Rate (USD) |
---|---|
Learjet 45 | 4,450 |
Learjet 45XR | 3,450 |
Learjet 70 | 3,600 |
Learjet 75 | 3,600 |
Phenom 300 | 3,350 |
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Midsize
Name | Hourly Rate (USD) |
---|---|
Astra SPX | 3,600 |
Citation Excel | 3,450 |
Citation VI | 3,600 |
Citation VII | 4,450 |
Citation XLS | 3,600 |
Citation XLS+ | 3,600 |
Gulfstream G100 | 4,750 |
Gulfstream G150 | 3,950 |
Hawker 800XP | 4,050 |
Hawker 850XP | 4,350 |
Hawker 900XP | 4,450 |
Learjet 60 | 4,050 |
Learjet 60XR | 4,250 |
Westwind II | 3,850 |
Citation Latitude | 5,550 |
Legacy 450 | 4,750 |
Praetor 500 | 4,450 |
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Super Midsize
Name | Hourly Rate (USD) |
---|---|
Challenger 300 | 5,950 |
Citation Sovereign | 4,950 |
Citation X | 6,500 |
Citation X+ | 5,950 |
Falcon 2000 | 6,100 |
Falcon 2000DX | 5,800 |
Falcon 2000EX | 5,850 |
Falcon 2000LX | 6,450 |
Falcon 50EX | 5,850 |
Gulfstream G200 | 7,050 |
Gulfstream G280 | 5,950 |
Hawker 4000 | 5,950 |
Legacy 500 | 4,750 |
Falcon 2000LXS | 6,800 |
Citation Sovereign+ | 5,250 |
Falcon 2000S | 7,700 |
Praetor 600 | 5,050 |
Citation Longitude | 5,300 |
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Large
Name | Hourly Rate (USD) |
---|---|
Challenger 601 | 6,450 |
Challenger 604 | 7,700 |
Challenger 605 | 8,400 |
Challenger 850 | 10,900 |
Falcon 900B | 7,200 |
Falcon 900DX | 8,700 |
Falcon 900EX | 7,700 |
Falcon 900LX | 7,200 |
Gulfstream GIV-SP | 7,700 |
Gulfstream GVSP | 8,900 |
Gulfstream G300 | 7,200 |
Gulfstream G400 | 7,300 |
Gulfstream G450 | 10,900 |
Gulfstream G500 | 8,700 |
Global 5000 | 8,400 |
Legacy 600 | 6,700 |
Legacy 650 | 7,700 |
Challenger 650 | 10,900 |
Legacy 650E | 8,050 |
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Ultra Long Range
Name | Hourly Rate (USD) |
---|---|
Falcon 7X | 11,400 |
Gulfstream GV | 9,700 |
Gulfstream G550 | 10,900 |
Gulfstream G650 | 11,400 |
Global 6000 | 10,650 |
Global Express | 9,900 |
Global Express XRS | 10,500 |
Gulfstream G650ER | 11,750 |
Global 6500 | 10,650 |
Global 7500 | 10,650 |
Gulfstream G600 | 11,000 |
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VIP Airliner
Name | Hourly Rate (USD) |
---|---|
Airbus ACJ318 | 18,600 |
Airbus ACJ319 | 18,600 |
Airbus ACJ320 | 22,300 |
Boeing Business Jet | 13,650 |
Boeing Business Jet 2 | 13,650 |
Boeing Business Jet 3 | 13,650 |
Lineage 1000 | 14,850 |
Boeing 777-200LR VIP | 26,000 |
Lineage 1000E | 16,100 |
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Turboprop Aircraft
Name | Hourly Rate (USD) |
---|---|
King Air 100 | 1,750 |
King Air 200 | 1,750 |
King Air 250 | 1,750 |
King Air 350 | 2,250 |
King Air B100 | 1,750 |
King Air B200 | 1,750 |
King Air B200GT | 1,750 |
King Air C90 | 1,500 |
King Air C90GTi | 1,600 |
Piaggio Aero P180 Avanti II | 1,850 |
Pilatus PC-12 NG | 2,000 |
Super King Air F90 | 1,850 |
Swearingen Fairchild Merlin III | 2,100 |
Beechcraft 1900D | 4,350 |
Pilatus PC-12 | 1,950 |
Kodiak 100 Series II | 1,850 |
Kodiak 100 | 1,600 |
Aviator TP600 | 2,250 |
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How is the Hourly Charter Rate of a Jet Determined?
The hourly jet rental rates cover the charges of owning and operating the aircraft. The hourly rate is a combination of the fixed and variable costs spread over the expected total hours of usage per year. Fixed costs include:
- Crew Salaries
- Benefits and Training
- Aircraft and Operating Insurance
- Aircraft Storage
- Aircraft Refurbishment
Variable costs are incurred according to specific aircraft usages, such as fuel and maintenance.
An aircraft's total expected hours of usage per year ultimately determines the hourly rental cost for an aircraft. To sustain yearly costs of $2M, 200 flight hours of expected usage means a breakeven of $10,000 per hour. 400 hours will reduce the hourly cost to $5,000 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.
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How Much Does an Empty Leg Flight Cost?
Empty legs are generally 30% - 40% less than the cost of a full charter. In some cases, if an aircraft must re-position urgently, even better deals can be had.
Around one-third of all private jet flights fly empty. In the United States, that is around 250 per day. Brokers have access to all of these empty legs. The savings can be significant for clients, especially on long distance international flights, as they don't need to buy a return journey.
Smaller jets and shorter flights produce smaller savings while longer flights and larger jets can offer huge savings. On light jets heading up and down the East Coast, you'll save around $5,000 - $6,000. Cross-country flights in the USA can produce savings of $30,000 - $50,000. Transcontinental empty leg flights could save you upwards of $100,000.
It's important to remember that empty legs will still cost a lot more than commercial tickets. You'll pay the normal hourly rates for your flight. This is key to managing expectation of empty leg flight prices.
Here are some examples of how much empty leg flights can cost:
Type of Jet | Departing | Arriving | Estimated Cost |
---|---|---|---|
Large jet | New York | London | $65,000 |
Super midsize jet | New York | Los Angeles | $30,000 |
Light jet | New York | Miami | $11,000 |
Light jet | Chicago | Fort Myers | $7,800 |
Light jet | Los Angeles | Las Vegas | $4,500 |
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A Regional Private Jet Cost Comparison Case Study
Pricing varies in different regions of the world for the same aircraft type.
For example, a round-trip flight in the United States, from New York City to Los Angeles, with an overnight stay, using a Challenger 601 with a typical passenger capacity of 9, will cost around $58,900. A total flight time of 5 hours and 21 minutes on the outbound leg plus 4 hours and 52 minutes on the return leg equals a total flight time of 10 hours and 21 minutes. The total round trip cost comes to about $6,544 per passenger. The cost per passenger is about $633 per hour.
However, a round-trip flight in South America using the same Challenger 601 with a typical passenger capacity of 9, flying from Sao Paulo to Caracas with an overnight stay will cost around $82,500. A flight time of 5 hours and 59 minutes on the outbound leg and 5 hours and 41 minutes of flight time on the return leg equals a total flight time of 11 hours and 41 minutes. The total round-trip cost comes to about $9,167 per passenger. The cost per passenger is about $785 per hour.
When you take an hourly cost, such as $633, per passenger and multiply it by 9 passengers, it comes to $5,697 per flying hour, multiplied by 10 hours, which equals to $56,970 in the United States. In South America, taking the hourly cost of $785 per person, multiplied by 9 passengers, comes to $7,065 per hour. This, multiplied by 10 hours of flight, equals $70,650.
Thus, when comparing apples to apples for the same flight time of 10 hours using the same aircraft type, a charter flight in the United States costs about $13,000 less than in South America.
Summary - Regional Cost Comparison Case Study
United States | South America | |
---|---|---|
Aircraft | Challenger 601 (9 pax) | Challenger 601 (9 pax) |
Flight times | New York to Los Angeles Leg 1: 05:21 Leg 2: 04:52 Total: 10:21 | Sao Paulo to Caracas Leg 1: 05:59 Leg 2: 05:41 Total: 11:41 |
Flight cost | $58,900 | $82,500 |
Per passenger cost | $58,900 ÷ 9 pax = $6,544/pax | $82,500 ÷ 9 pax = $9,167/pax |
Per passenger per hour cost | $6,544 ÷ 10.35 hours = $633/pax/hour | $9,167 ÷ 11.68 hours = $785/pax/hour |
Cost for 9 pax for a 10 hour flight | $56,970 ($633/pax/hour * 9 pax * 10 hours) | $70,650 ($785/pax/hour * 9 pax * 10 hours) |
How Much Does it Cost to Rent a Private Jet in Various Regions of the World?
We have compiled a list of popular private jet cost estimates in various regions to help you figure out the prices. Review the cost estimate of any other private plane rental, anywhere in the world, by using our private jet rental cost calculator or by speaking with our Aviation Advisors at +1-877-727-2538. They're available 24/7.
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How Much Does it Cost to Charter a Private Jet in the USA?
While leading the world in private aviation, the costs of chartering a private jet within the United States are very competitive. Private aviation contributes over $150 billion to economy in the USA, according to a report by the NBAA. There are many aircraft to choose from in various locations, categories, and types in US. Here are cost estimates of popular private jet requests within the United States.
Routing based on a Round Trip Flight with 1 overnight and non-stop. Prices are in USD.
Routing | Aircraft Type | Aircraft Category | Max Pax | Flight Time Leg 1 | Flight Time Leg 2 | Price Estimate |
---|---|---|---|---|---|---|
Van Nuys - Las Vegas - Van Nuys | Eclipse 500 | VLJ | 4 | 0:44 | 0:46 | $3,900 |
Washington DC - New York - Washington DC | Piaggio Avanti II | Light Aircraft | 6 | 1:00 | 1:00 | $8,200 |
New York - Chicago - New York | Learjet 35A | Light | 7 | 2:12 | 1:52 | $14,400 |
Austin - Miami - Austin | Citation CJ2+ | Light | 6 | 2:54 | 3:00 | $15,400 |
Houston - Washington DC - Houston | Citation V | Light | 7 | 3:06 | 3:04 | $18,300 |
West Palm Beach - New York - West Palm Beach | Learjet 40 | Light | 6 | 2:36 | 2:42 | $18,700 |
Chicago - Miami - Chicago | Citation V Ultra | Light | 6 | 2:52 | 2:57 | $18,800 |
New York - Miami - New York | Citation CJ3 | Light | 6 | 3:00 | 2:54 | $19,000 |
Washington DC - Houston - Washington DC | Falcon 10 | Light | 7 | 2:54 | 2:54 | $21,800 |
New York - Los Angeles - New York | Challenger 601 | Large | 9 | 5:29 | 4:52 | $58,900 |
Van Nuys - Honolulu - Van Nuys | Citation X | Super Midsize | 8 | 5:12 | 4:48 | $51,000 |
Seattle - Miami - Seattle | Falcon 2000 | Super Midsize | 10 | 5:24 | 5:50 | $77,800 |
How Much Does it Cost to Charter a Private Jet in the UK & Europe?
Second only to the USA, the cost of a private charter within Europe is very competitive and there are plenty of aircraft options available. Here are the costs of a few popular charter flights within the European region for your review.
Routing based on a Round Trip Flight with 1 overnight and non-stop. Prices are in EUR.
Routing | Aircraft Type | Aircraft Category | Max Pax | Flight Time Leg 1 | Flight Time Leg 2 | Price Estimate |
---|---|---|---|---|---|---|
Amsterdam - London - Amsterdam | Citation Mustang | VLJ | 4 | 0:58 | 0:58 | €6,500 |
Paris - London - Paris | Citation II | Light | 7 | 0:58 | 0:58 | €7,200 |
Vienna - Zurich - Vienna | Citation CJ2+ | Light | 6 | 1:11 | 1:11 | €8,000 |
Prague - Vienna - Prague | Citation Mustang | VLJ | 4 | 2:18 | 2:18 | €9,600 |
Nice - Milan - Nice | Phenom 100E | VLJ | 4 | 1:03 | 1:03 | €5,000 |
Rome - Paris - Rome | Citation Mustang | VLJ | 4 | 2:18 | 2:18 | €9,700 |
Geneva - London - Geneva | Citation Mustang | VLJ | 4 | 1:38 | 3:18 | €7,600 |
Rome - Frankfurt - Rome | Piaggio Avanti II | Turboprop Aircraft | 6 | 1:53 | 1:53 | €11,300 |
Copenhagen - Vienna - Copenhagen | Citation CJ1 | Light | 5 | 1:43 | 1:43 | €10,500 |
London - Madrid - London | Citation Mustang | VLJ | 4 | 2:35 | 2:35 | €10,600 |
Malaga - Hamburg - Malaga | Citation Bravo | Light | 6 | 3:27 | 3:29 | €15,800 |
Naples - London - Naples | Citation CJ2+ | Light | 6 | 2:32 | 2:32 | €15,900 |
Bucharest - Amsterdam - Bucharest | Citation Bravo | Light | 6 | 2:57 | 2:57 | €15,000 |
Cannes - Dublin - Cannes | Citation Mustang | VLJ | 4 | 2:58 | 2:45 | €13,400 |
Warsaw - Athens - Warsaw | Premier 1A | Light | 6 | 2:39 | 2:41 | €14,700 |
Moscow - Nice - Moscow | Challenger 604 | Large | 10 | 3:38 | 3:25 | €42,500 |
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How Much Does it Cost to Charter a Private Jet in Canada?
At PBJ, we regularly organize private jet flights to and from Canada, as well as, within Canada while delivering the most competitive rates in the market. Put our years of experience to good use and let us represent your best interest with all Canadian charter flights.
Routing based on a Round Trip Flight with 1 overnight and non-stop. Prices are in USD.
Routing | Aircraft Type | Aircraft Category | Max Pax | Flight Time Leg 1 | Flight Time Leg 2 | Price Estimate |
---|---|---|---|---|---|---|
Vancouver - Winnipeg - Vancouver | Learjet 75 | Super Light | 8 | 2:42 | 2:42 | $18,000 |
Ottawa - Calgary - Ottawa | Citation V Ultra | Light | 7 | 5:06 | 4:12 | $31,600 |
Ottawa - Regina - Ottawa | Learjet 45 | Super Light | 7 | 3:12 | 3:12 | $25,900 |
Toronto - Vancouver - Toronto | Hawker 700A | Midsize | 8 | 5:12 | 4:30 | $33,100 |
Montreal - Winnipeg - Montreal | Hawker 850XP | Midsize | 8 | 2:52 | 2:32 | $20,300 |
Calgary - Montreal - Calgary | Citation V | Light | 6 | 4:24 | 5:18 | $27,400 |
Vancouver - Los Angeles - Vancouver | Learjet 75 | Super Light | 7 | 2:36 | 2:36 | $17,300 |
Calgary - Las Vegas - Calgary | Citation V | Light | 6 | 3:00 | 2:48 | $17,100 |
Toronto - Nassau - Toronto | Premier 1A | Light | 6 | 3:06 | 3:06 | $18,700 |
Calgary - San Francisco - Calgary | Citation V | Light | 6 | 3:00 | 2:42 | $16,800 |
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How Much Does it Cost to Charter a Private Jet in South America?
Charter rates in the South American region are higher than America and Europe. We at PBJ, represent our private jet clients in South America for safety, quality, and cost savings through over a decade of experience in the region.
Routing based on a Round Trip Flight with 1 overnight and non-stop. Prices are in USD.
Routing | Aircraft Type | Aircraft Category | Max Pax | Flight Time Leg 1 | Flight Time Leg 2 | Price Estimate |
---|---|---|---|---|---|---|
Sao Paulo - Caracas - Sao Paulo | Challenger 601-3A | Large | 9 | 5:59 | 5:41 | $82,500 |
Quito - Caracas - Quito | Citation Mustang | VLJ | 4 | 3:18 | 3:21 | $27,900 |
Buenos Aires - Lima - Buenos Aires | Citation Excel | Super Light | 6 | 4:18 | 3:50 | $29,700 |
Rio De Janeiro - Sao Paulo - Rio De Janeiro | Citation CJ1 | Light | 5 | 0:52 | 0:51 | $15,600 |
Santiago - Montevideo - Santiago | Beechjet 400A | Light | 6 | 2:07 | 2:30 | $17,800 |
Sao Paulo - Rio De Janeiro - Sao Paulo | Citation Mustang | VLJ | 4 | 0:31 | 0:33 | $16,100 |
Rio De Janeiro - Santiago - Rio De Janeiro | Citation Excel | Super Light | 6 | 4:10 | 3:24 | $46,500 |
Buenos Aires - Maldonado - Buenos Aires | Learjet 35A | Light | 6 | 0:44 | 0:46 | $4,500 |
Porto Seguro - Sao Paulo - Porto Seguro | Citation CJ1 | Light | 5 | 2:05 | 1:55 | $25,400 |
Caracas - Rio de Janeiro - Caracas | Citation Sovereign | Super Midsize | 8 | 5:12 | 5:24 | $59,100 |
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How Much Does it Cost to Charter a Private Jet in Asia?
We regularly represent our clients and organize flights on their behalf in Asia while vetting the operators, aircraft and crew for safety, quality equipment and cost effectiveness.
Routing based on a Round Trip Flight with 1 overnight and non-stop. Prices are in USD.
Routing | Aircraft Type | Aircraft Category | Max Pax | Flight Time Leg 1 | Flight Time Leg 2 | Price Estimate |
---|---|---|---|---|---|---|
Beijing - Shanghai - Beijing | Challenger 605 | Large | 10 | 1:47 | 1:50 | $36,600 |
Bangkok - Surat Thani - Bangkok | Citation Mustang | VLJ | 4 | 1:18 | 1:18 | $10,500 |
Bangkok - Phuket - Bangkok | Citation Mustang | VLJ | 4 | 1:33 | 1:32 | $11,900 |
Singapore - Phuket - Singapore | Piaggio Avanti II | Turboprop Aircraft | 7 | 1:43 | 1:43 | $23,500 |
Ha Noi - Phuket - Ha Noi | Hawker 800XP | Midsize | 6 | 2:31 | 2:28 | $38,400 |
Phuket - Hong Kong - Phuket | Hawker 850XP | Midsize | 7 | 3:06 | 3:06 | $47,600 |
Hanoi - Singapore - Hanoi | Hawker 800XP | Midsize | 6 | 3:09 | 3:12 | $44,200 |
Bangkok - Ho Chi Minh - Bangkok | Citation Mustang | VLJ | 4 | 1:35 | 1:38 | $12,500 |
Singapore - Ho Chi Minh - Singapore | Piaggio Avanti II | Turboprop Aircraft | 7 | 1:54 | 1:54 | $20,700 |
Hong Kong - Bangkok - Hong Kong | Gulfstream G200 | Large | 10 | 2:37 | 2:32 | $39,800 |
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How Much Does a Transcontinental Private Jet Cost?
For over a decade, PBJ has represented and earned the business of discerning clientele who require Large and Ultra Long Range aircraft for their international one way or round trip private jet charter flights. Paramount shines above all when it comes to Trans-Continental, Trans-Pacific or Trans-Atlantic charter flights. Here are some samples of a few recent related flights.
Routing based on a Round Trip Flight with 2 over-nights. Prices are in USD.
Routing | Aircraft Type | Aircraft Category | Max Pax | Flight Time Leg 1 | Flight Time Leg 2 | Price Estimate |
---|---|---|---|---|---|---|
New York - London - New York | Falcon 50EX | Super Midsize | 9 | 6:40 | 7:48 | $85,800 |
Los Angeles - London - Los Angeles | Gulfstream GV | Large | 14 | 10:18 | 11:12 | $150,100 |
Moscow - Boston - Moscow | Gulfstream GIVSP | Large | 13 | 9:17 | 8:25 | $115,800 |
Miami - London - Miami | Gulfstream GIVSP | Large | 13 | 8:15 | 9:22 | $111,600 |
Miami - Rio De Janeiro - Miami | Challenger 604 | Large | 12 | 8:24 | 8:48 | $103,100 |
Dubai - Moscow - Dubai | Challenger 605 | Large | 10 | 5:00 | 4:48 | $58,500 |
New York - Hong Kong - New York | Gulfstrean GV | Large | 14 | 15:30 | 15:12 | $264,800 |
New York - Paris - New York | Challenger 601 | Large | 9 | 6:48 | 8:04 | $89,500 |
Dubai - New York - Dubai | Global Express XRS | Ultra Long Range | 13 | 13:42 | 12:35 | $193,800 |
Dallas - Turks and Caicos - Dallas | Westwind II | Midsize | 9 | 3:54 | 3:58 | $23,700 |
Moscow - London - Moscow | Challenger 605 | Large | 11 | 3:32 | 3:18 | $35,800 |
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How Much Does It Cost to Rent a Small Plane
Source: https://www.paramountbusinessjets.com/private-jet-rental-cost/