How much does a private jet cost?

The demand for private jets in India really increased in 2020 this year. many people are suggesting that coronavirus or global pandemic COVID-19 is the biggest reason behind this as people are avoiding any crowds and security checks during their travels.

confused between buying and booking of a private jet? Well, you need to worry now cause we will assist you that you should really buy one of them or you should book one of them. There is a huge price difference between both, so in the end, you need to decide it smartly which option would go best for you.

How much does it cost to buy a private jet?

This option is best for the people who are a frequent flier and they want their own services fulfilled in a better way. But, it is important that you should reconsider buying or owning a private jet as it is not the cheapest and like buying vegetables from the market. You should analyze properly that is it really going to help you in your work or it will be a liability that takes away money from your pocket on a frequent basis.

Depending upon, brand, type of aircraft, size of the aircraft the cost of it would be in the range of 14 crores to 700 crores. But, if your budget is less and you can't afford much then just like used cars and bikes private jets are also sold second hand that has cheap prices than buying a new one.

How much does it cost to book a private jet?

Now, this could be the best option for many of us because in this we need to spend a lot of money to buy or own a private jet. We can book a private jet for our travels depending upon the following factors:

Type of Aircraft: There are many types of private aircraft but majorly it is differentiated based on lightweight, midsize, and large size jets. The lightweight jets would nearly cost Rs 70,000 to 1 lakhs on an hourly basis. Cost may also vary depending upon the color and brand of the aircraft.

Duration of the flight: The cost also varies on the duration of the travel, so if you traveling to cross country for 6 hours then the lightweight jet would cost you Rs 5 lakhs to 7 lakhs, mid-size jets would cost you 17 lakhs to 30 lakhs, and large jets would cost you nearly 40 lakhs to 50 lakhs.

Your personal expenses: This expense depends on the person to person. If you require any extra service like extra members and catering service then it would cost you more.

Some people book a private jet to celebrate any occasion like birthday parties and marriage anniversary so it may also depend upon the type of service you are choosing for your travel.

Conclusion

So from the information that is presented above, it may be clear to you that what you are gonna choose? are you the type of person that is planning to own a private jet or you just want a charter private jet to cover your travel journey.

Hope you enjoyed the reading and got all your answers. When are you planning to travel by private and why? comment down below.

 

Read More: How much luggage can I take in private jet?