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Why Owning a Private Jet is Less Cost-Effective

Nov 11, 2019  ยท  62 views

When it comes to purchasing your own private jet, there are many factors to take into consideration. Most importantly, is this truly cost-effective? While owning a private jet can be glamourous, it comes with a high price tag and stress. 

 

There are two ways in which you can own a private aircraft: whole ownership or fraction ownership, where you own only a percentage of the jet. The cost of a brand-new private jet purchase to range anywhere from $3 million to $90 million--a very extreme range. The end price ultimately comes down to the type of jet being purchased and the features it offers. 

 

Along with the price of a private jet upon purchase, this is only a fraction of the cost of owning one. Maintenance and repair costs depend on the size of the aircraft but typically range from $700,000 to $4 million per year. 

 

If you are looking for all of the glamour and luxury, but not all of the commitment and costs, chartering a private jet is always the best option. Chartering offers a more cost effective option with the same benefits of ownership. When you charter a jet with us, you are guaranteed the finest dining, care, and luxuries while paying a fraction of the cost of owning a jet. We take care of the maintenance, gas, hiring staff, and every detail so that you can simply enjoy your travels.  

 

To learn more about our jets and flight deals, contact us at https://www.sky500.com

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