Private Jet Ownership Costs

The cost to own a private jet can be broken down into three main categories: Acquisition Cost, annual Fixed Cost, and hourly Variable Cost.

Acquisition Cost refers to the upfront cost associated with acquiring the aircraft asset.

Depreciation plays a major role in the fluctuation of cost for most aircraft.

Here are the average acquisition costs for each major aircraft type:

Acquisition Cost

  • Cost: $1MM - $7MM

  • Cost: $1.5MM – $7MM

  • Cost: $2MM – $8MM

  • Cost: $3MM – $15MM

  • Cost: $7MM – $25MM

  • Cost: $12MM – $50MM

  • Cost: $20MM – $80MM

Fixed Costs of Owning a Jet

Fixed costs are largely dictated by crew fees, hangar fees, insurance and other such necessary items associated with owning an aircraft.

Here are the average annual fixed costs for each major aircraft type.

  • Cost: $250 – $300k

  • Cost: $150k – $250k

  • Cost: $400k – $500k

  • Cost: $500k – $700k

  • Cost: $700k – $850k

  • Cost: $800k – $1MM

  • Cost: $1MM – $1.2MM