Renting a private jet is expensive, thanks to the different types of costs associated with the rental. The cost of renting a private plane primarily depends on the type, category, size, and age of the aircraft. Other costs include taxes and fees, airport fees, ground handling, and optional customization.
This article explores different types of costs incurred when renting a private aircraft. 1 The aircraft rental Various factors influence the rental price of a private jet Aircraft type Aircraft category Aircraft age Aircraft location Intended/billable flight time The base price of renting a jet is the major cost of renting a private jet. The aircraft category, type, and age significantly influence the price customers pay when renting a jet.
Paramount Business Jets states that private jet rental rates vary between $2,000 per hour for a turboprop aircraft to $14,000 per hour for ultra-long-range jets. The hourly prices can go as high as $25,000 for VIP airliners. Price variations of $200 to $2,000 per hour can be expected based on the aircraft's comfort level and performance.
Similarly, a variation of $100 to $1,000 per hour can be expected based on the age of the aircraft. Newer aircraft are slightly more expensive than older ones. If you can afford the 777-8 or 777-9, their list prices start at $394.
9 million and $425.8 million. 2 Government dues Taxes, fees, and surcharges Federal Excise Tax (FET) US Segment Fees International fees International head tax Country-specific hea.