Booking Private Jets – Will It Break the Bank?

There are only a select few people around the world who can afford to pay for booking a private jet. After all, you can’t say that the amount you have to pay for the booking is chump change. For most people, it may require one to earn a big portion of their salary for quite a time before they are able to pay for the full price of renting a private jet.

For the well-off individuals though, there is no need to think twice about hiring a private jet. They can just earn the price they are shedding for the booking of their next month’s salary. In fact, it may not even make a dent in their financial reserves. No matter how expensive the rental is, they can just make up the amount easily.

When it comes to booking the private jet, it is important to find that one private jet that would fit with your budget. To determine how much the private jet will cost, there are several factors that one will have to consider. These are the factors that have an impact on how expensive the rental will be.

Fine dining inside a private jetSeating Capacity

The seating capacity of the private jet is one of the factors that come with renting a private jet. The heavy jets, which actually come with a seating capacity of nine to 16 people, will cost at least $4,000. At most, you’ll have to pay about $10,000 out-of-pocket. In the case of the light jets that can only seat about five to eight people, you will most likely be paying an amount that is within the $2,000 to $3,000 price range. To conclude, the more seating capacity a jet has to offer, the higher the price becomes.

Travel Distance

The distance that the jet can travel will also affect how much you will be renting your private jet of choice (http://www.mbsfprivatejets.com/los-angeles/). Just like with the seating capacity, the longer distance the jet can travel, the higher the price will become. Heavy jets can travel as far as 7,000 miles and you’ll be paying an expensive price for it. On the other hand, the midsize jets that can travel half the distance that heavy jets can only cost you $2,500 to $3,500.

Cabin Height

This may or may not have an impact on the price though. However, it can be noted that the more spacious the cabin of the private jet is, the bigger it is. Subsequently, the bigger the jet, the higher the price you have to pay for renting it out. A good example is the turboprops. This type of jet only has a cabin height of 4.5 feet. It is the smallest amount the different charter jet categories. Moreover, it also has the cheapest rental fee which can go as low as $1,200 to as high as $1,500.

Speed

Speed varies according to the type of private jet you are booking. Most private jets have a minimum speed of 400 MPH. However, depending on their type, they can go to as fast as approximately 460 MPH or 500 MPH. Super mid jets that can go as fast as 525 MPH have a rental fee between $3,500 to $5,000.

Amenities and In-flight Services

What amenities and in-flight services you will be using during your rental of the jet will also have an effect on how much you will have to pay. If you want to party like a rock star in-flight, then you’ll have to pay for the food and drinks served during the flight. If you wish to musicians, onboard and the charter company allows that then you’ll have to pay for that service too. Coordinating with the private jet charter company will allow.