5. Let’s paint you a picture of the cost per flight
So, you have learned about the expenses for owning a private jet beside the purchase itself. You get the idea of how much you will spend annually just to keep your jet intact and licensed. Now, let’s paint you a more specific picture: how much does it cost to fly on a private jet you own?
The biggest cost of operating a plane is fuel. Of course, it depends on the type of plane you want to own. The smaller and lighter the plane, the less fuel it will burn.
For example, a 8-seat Cessna Citation X consume around 1,400 liters of fuel per flight hour. That is around $2,000 per flight hour on jet fuel alone. And even the smallest kind of jet, a 4-seat Cirrus Vision SF50, will cost you around $700 per flight hour of operation.
Now let’s compare it to airline tickets with the same flight hour distance. A one way trip from New York to Washington D.C on first class costs around $400 only. That is almost twice cheaper than flying on the smallest, less luxurious private jet.
