How much does it cost to share a private jet?

How much does it cost to share a private jet?

The private jet sharing economy With fully private flights typically costing $4,000 to $15,000 per hour, the savings of sharing versus taking an entire plane can be significant, even if it’s still more expensive than flying commercially.

Can you share a private jet with other people?

In terms of jet sharing options in the U.S., you can: Buy seats on scheduled flights much like the airlines. Join a crowd-sourced flight and see if another folks sign-up so it actually takes off. Look for crowd-sourced flights that have enough people already committed so you know it will be going.

How much is Kylie Jenner’s private jet?

$72.8 million
Taking to Instagram to reveal a decadent seven-course menu onboard Kylie Jenner’s $72.8 million private jet, Kris Jenner previously shared several snaps from her five-star Italian retreat with partner Corey Gamble – and it’s not just her holiday destination that got us talking…

How rich should you be to own a private jet?

However, they also noted that it will typically cost $500,000 to $1 million a year just to operate a private jet. This means that a private jet owner will probably need at least $10 million in income per year to afford to become a jet setting jet owner.

How does jet sharing work?

FRACTIONAL JET SHARE With NetJets’ fractional jet ownership, you purchase a portion, or share, of a specific aircraft. And that share equals a specific number of hours you can fly in that aircraft type—with the ability to upgrade or downgrade to any other jet in our fleet.

How much is a fractional share of private jet?

Here are several cons to fractional private jet ownership. On average, your initial investment will start between $300,000 and $600,000 for a 1/16th share of a light jet. You may also find yourself investing millions in a share of a newer large plane. In addition to your initial investment, you also have upkeep costs.

How much is private jet fractional ownership?

The cost of fractional jet ownership depends on the jet and the share size that you choose to go for. At the lower end of the spectrum, you’re looking at around $275,000, and this can go all the way up into millions.

Do private jets have parachutes?

Like all Cirrus aircraft, its top safety feature is a standard-issue parachute to be deployed in case of an engine failure or other dire emergency.