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Purchasing a private jet involves significant financial commitment, with prices ranging from $2 million to over $110 million, depending on the aircraft type and features. Beyond the initial purchase, owners must budget for ongoing costs such as maintenance, fuel, crew salaries, and insurance, which can total $500,000 to $1 million annually. Alternatives like fractional ownership and chartering offer flexibility and lower upfront costs, making them suitable for those who fly less frequently. Ultimately, potential buyers should carefully assess their travel needs, budget, and the long-term implications of jet ownership versus other options.
Jay Franco Serevilla
Sep 12, 2025
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5
min read
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Disclaimer: Jettly operates as a charter broker, offering access to a global digital jet charter marketplace. Jettly is not a direct air carrier and does not own or operate aircraft. All advertised flights are conducted by third-party air carriers that are fully licensed and hold the appropriate Part 135 or Part 121 certifications issued by the Federal Aviation Administration (FAA) or equivalent regulatory authorities under U.S. or foreign law. Jettly complies fully with the U.S. Department of Transportation's Part 295 and Part 298 Charter Broker regulations. Jettly does not carry additional liability insurance. Passengers are covered by aircraft operator insurance. TICO: 50023770
