What Does It Really
Cost to Own a Private Jet?

Before you buy, understand the full financial picture — from acquisition to operations, depreciation, and exit.

Initial Purchase Price

Aircraft Class

A small plane flying in the sky on a cloudy day.

Light Jet

A small white airplane flying through a white sky.

Midsize Jet

A small airplane flying through a white sky.

Super-Mid Jet

A small airplane is flying in the sky.

Heavy Jet

A large jetliner flying through a white sky.

Ultra Long Range Jet

New Purchase Price

$4M–$9M

$8M–$15M

$12M–$20M

$25M–$70M

$50M–$75M+

Pre-Owned Price Range

$2M–$6M

$4M–$10M

$6M–$14M

$10M–$40M

$25M–$60M+

Even pre-owned aircraft require significant due diligence, inspections, and upgrades before entering service.

Fixed Annual Operating Costs

Expense Category

Hangar

Crew Salaries (2 Pilots)

Crew Training & Benefits

Insurance

Management Fees

Maintenance Programs

Annual Inspections

Annual Cost Range (Estimate)

$100K–$500K

$300K–$500K

$50K–$100K

$50K–$250K

$75K–$250K

$200K–$800K

$50K–$200K

Key Insight: Fixed costs can exceed $1M per year before the jet ever leaves the ground.

Variable Hourly Costs

Cost Type

Fuel

Maintenance Reserves

Engine Reserves

Landing & Handling Fees

Catering & In-Flight

Hourly Range

$1,200–$4,000/hr

$300–$1,000/hr

$250–$1,500/hr

$200–$800/landing

$100–$500/hr

Example: A 100-hour-per-year owner of a Super-Mid jet may incur $800,000+ in variable expenses annually

gold coin

Depreciation & Resale Risk

Aircraft typically depreciate 5% to 12% annually, depending on usage, condition, model demand, and market conditions.

Market fluctuations can result in sudden value drops—especially for older or niche aircraft.

Reselling an aircraft often takes 6–12 months, may require broker fees, upgrades, or price concessions.

Key Insight:

Depreciation alone can cost owners $500K to $2M+ per year.

dollar

Opportunity Cost

A $10M aircraft purchase could generate 6–10% annually in passive investments if capital remained deployed elsewhere.

Maintenance downtime, repositioning logistics, and limited fleet flexibility can increase lost time or added costs.

Key Insight:

Tying up capital in a depreciating asset with high fixed costs may not align with long-term financial goals.

Alternative Options

Model

Jet Card

Charter

Fractional

FLYT Membership

Upfront Cost

$100K–$250K

None

$800K–$5M

From $45K/yr

Hourly Rate

$6,000/hr+

$7,000/hr+

$6,000/hr+

From $2,400/hr

Flexibility

Moderate

High

Low–Moderate

High

Depreciation Risk

Low

None

Moderate

None

Key Insight:

Subscription models like FLYT offer ownership-level economics without ownership-level costs.

Think Beyond Ownership

You don’t have to spend millions or lock up capital to enjoy private aviation. Explore smarter access models built for modern travelers.

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