Private Jet Cost of Ownership versus Charter
Many customers wonder what are the costs of owning or chartering a private jet. Very few realize that a private jet’s cost of ownership for is not only a one time payment, but a large challenge. Upkeep costs, fuel costs, parking, registration, refurbishment costs, and of course regular mechanical upkeep can be valued at hundreds of thousand dollars a year, and can quickly add up. Below we will explain a few different scenarios by giving real world examples of three different private jet cost estimation calculations.