Small Private Jet CostLow private jet costs
What does it cost to own and run a Honda Jet private jet?
Exemplary overview of operational costs per year. Honda Jet's overall 200-hour per year charter fee is approximately $488,879, or $747,699 for 400-hour per year charter. Honda's top airspeed is 423 mb ph, but with lower climbing, cruising and descent rates, it is more likely to reach an averaging 338 mb on a slow ascent, descent and descent rate, which equates to an averaging price per miles of about $7.22 at 200 hrs per year.
By flying 400 hrs per year, you can distribute the entire overhead over more flying time, which will reduce your cost per miles to $5.52. What does it cost to buy a Honda HondaJet? Check out our Jet Management Model Suggestion to see how much you can economize.
What does it cost to own and run a Lear 45 private jet?
Exemplary overview of operational costs per year. A Lear 45 private jet with 200 hrs per year has a global financial envelope of approximately $812,545 or $1,230,623 for 400 hrs per year. It has a top velocity of 535 km/h for the Lear 45, but at lower climbing, cruising and descent rates it is more likely to be 428 km/h on average, which corresponds to an avarage price per miles of about $9.49 at 200 hrs per year.
By flying 400 hrs per year, you can distribute the entire fix cost over more flying time, reducing your cost per miles to $7.19. What does it cost to buy a Bombardier Lear 45? Check out our Jet Management Model Suggestion to see how much you can economize.
Inexpensive private aircraft
There is a big distinction between "cheap" and "affordable", and many first-time shoppers are underestimating the cost differences. And, of course, it is always important to sit in an airplane that suits your take-off and landing needs, number of passenger and cruising distance. However, before a prospective private jet operator starts her quest, it is important to fully appreciate all the facts about the "cost" of an airplane, not the "price".
Running cost - What is the average per hour consumption? How much does it cost and which airports have free hanging area? Daily running cost for maintaining a jet flight is high. It is important to keep an open mind on the extent of this expenditure. Pricing - It is somewhat simpler to make a comparison of the cost of a private jet than to measure operational and service costing.
Once you have decided which plane best suits your needs and your budgets, it is good to find the best one for the time. The life span of power plants can be one of the largest costs for an airplane. A lot of aircrafts have jet propulsion system service programmes where the owners pay an agreed amount per flight hours.
These accounts then finance the inspection and overhaul work as well as all unexpected servicing reports for the motors. Unless the motors are in a programme, you can be sure to spend between $200,000 and $1 million per motor on reconditioning. Make sure you know when these big bucks are due.
Service Requirements - MTU and airframe builders have defined service requirements that are accepted by the various FAA (Federal Aeronautical Authorities) in the United States. You need to know when a larger service or inspection for the airplane will be due so you can budge for these costs. For example, aeroplanes without RVSM cannot operate in a specific air space (between 30 and 40 thousand feet).
Taking all these considerations into account, our recommendation for the cheapest private jet is as follows: Citation Jet - An outdated Citation Jet could possibly be bought for only $1 million. Citation Jet is a lightweight jet that is not only relatively cheap to buy but also has relatively low running cost.
It consumes more propellant than a lightweight jet and needs two aviators. But it can go much further than any other lightweight jet. This is a super-mid jet with an entry-level value of only $3.5 million. Called the best in its category, the Citation will be the quickest private jet available.
This is a large jet which, thanks to the fact that it is a fairly new type, does not require too much servicing. You can buy 600s for less than $10 million. For more information on how much these aircraft will cost to fly, please visit our Light Jet Buyers' Guide and our Midsize Jet Buyers' Guide.