How Much Does it Cost to Rent a Private Jet? | Key Cost Factors

When considering the cost of renting a private jet, there isn’t a straightforward answer. Flying privately is one of the most convenient ways to travel globally, but the final price can vary significantly depending on several factors. Answering the question, of how much does it cost to rent a private jet, isn't simple.

As with any luxury service, private jet rentals come at a significant premium. However, prices vary widely based on the specific services and level of comfort you choose. Private jets offer remarkable flexibility, allowing customers to customise their experience—meaning that the final cost depends on what you choose to include.

Our article breaks down the factors that influence private jet rental costs, giving you a clearer picture of what to consider if you're planning to book a private flight.

Key Cost Factors Influencing How Much Does It Cost to Rent a Private Jet

If you want to know how much would it cost to charter a private jet, it's important to understand all the factors involved in operating such an aircraft. Running a private jet service is a complex endeavour that requires careful planning and significant effort.

When you examine the entire operation, you'll discover many essential elements that are crucial to the industry's functionality. These components naturally influence the final price, so customers need to evaluate each one carefully to balance affordability with necessity.

While there are numerous factors to consider, here are some of the most important and price-impacting ones:

1. Aircraft Category

In essence, this factor describes the size and features of a private jet. The bigger the jet is, and the more features it has, the more it will cost to rent. Of course, it is also true that smaller jets with more facilities can sometimes be more expensive than larger and simpler jets.

Size has to be considered based on the number of people that need to travel. The features or amenities on the amount of convenience and comfort you require, if you have specific tasks that have to be taken care of, if you have any special needs etc.

2. Aircraft Type

The type of aircraft describes its specialisation. What form of travel is it best suited for. Even aircraft categories can have different aircraft types listed under them. Depending on comfort levels, performance capacity and market demand, some aircraft types can be more expensive than others. Some of the most familiar private jet types are:

• Turboprops – aircraft with turbine engines that are used to drive aircraft propellers; very compact and versatile; for short flights and can land on even the smallest of runways
  
  
• Very light, light and super light jets – jets intended for short- or medium-haul flights; very often have the capacity for up to 6 or 8 people
  
  
• Midsize and super midsize cabin jets – usually the ones that are most preferred by customers because of the balance between price and performance; can fly over 2000 nautical miles; the super midsize even over 3000; spacious enough for 10 people or more; mid-range aircraft on the private jet rental cost scale
  
  
• Large or heavy jets – more luxurious and roomy than the previous; also with a broader cabin and a larger wingspan; designed for very comfortable travel over long-haul flights; they can fit well over 10 people and the larger ones even up to 20
  
  
• Ultra-Long-Range Heavy Jets – planes intended to fly the greatest distances of 10,000 km or 6000 to 6500 nautical miles making them exceptionally well suited for non-stop flights; these highly luxurious aircraft rose to popularity during the Covid-19 pandemic with young billionaires
  
  
• Executive Airliners – the best of the best in terms of convenience and facilities; they have the ability to fly at higher altitudes and are able to operate in most weather conditions and fly over long distances; thus they are an ideal choice for intercontinental flights or trips that last up to 10 hours or more without a layover.

Want to know more? Contact our office! Our staff is here for you and will prepare everything that you need for the journey.

3. Flight Duration and Distance

This makes up the billable flight time and is usually calculated on an hourly basis. Also, the primary price driver when determining how much does it cost to rent a private jet. May include items like positioning time, airborne time, and when applicable also standard couple hours per day minimum surcharge. 

The billable flight time commonly refers to the time from wheels up to wheels down and doesn’t have to include taxi time. Longer flights increase fuel consumption, crew hours, and other operational costs and therefore drive up the price.

4. Additional Fees, Taxes and Factors to Consider

The three above-mentioned factors are key for sure, but there are still many additional factors to consider when calculating how much is a private jet to rent. To just name a few:

• Age of the aircraft
• Insurance
• Positioning fees also called “empty leg” fees
• Varying fuel prices based on regions or market fluctuations
• Weather-related costs (e.g. de-icing in extremely cold weather)
• Airport fees like landing permits and international fees

Depending on the airports of arrival and departure, additional taxes might also be added to the final price, which the customer has to bear. This is extremely important to take into consideration during the pricing of the private rental cost. Companies following the best industry practices do not hide any fees and provide their customers with the whole picture.

For example, when travelling to the USA a Federal Excise Tax (FET) is charged to the business jet en route there, while when travelling to Europe, every private jet has to pay a value-added tax (VAT). And we can’t forget the many global ecological taxes and surcharges that aim to offset the carbon footprint.

Would you be interested in an estimate of how much it would cost to charter a private jet? If so, do not hesitate to get in touch with us! We will gladly assist you with everything you need!

So How Much Does It Exactly Cost to Rent a Private Jet?

Many companies around the world start their offers of private jet rental cost per hour at around 2500 euros or 2750 dollars. These mostly cover the basic amenities, fees, taxes, etc. Prices below 2000 are usually for very short distances or using very cost-effective aircraft. Bear in mind that these estimated prices are pretty rough.

To provide you with a better context on the subject matter, a round-trip from London to New York a Challenger 604 jet, with a three-night layover and with only the basic amenities, could cost anywhere from 112,000 to 156,500 dollars.

The best thing to do is to ask for a detailed and transparent quote directly from the company you wish to fly with. This way you will have certainty, that you have been provided with the best possible services, you will be given a thorough explanation of everything that makes up the final price, and you can also make any necessary adjustments.

If you are interested in a quote for private jet rental to and from the best-equipped airports in the world and using state-of-the-art and luxurious aircraft, get in touch with us and we will be happy to help you and answer any questions you might have!