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The Gulfstream V, an ultra-long-range business jet produced from 1995 to 2002, has significant operating costs that vary based on flight hours, with annual budgets ranging from approximately $1.66 million for 200 hours to over $4.5 million for 450+ hours. Fixed costs, including crew salaries and maintenance, typically range from $650,000 to over $900,000 annually, while variable costs can reach $7,200 per flight hour. Chartering the Gulfstream V is often more economical for those flying under 300 hours per year, with rates around $9,000 to $10,000 per hour, while ownership may be justified for higher usage. Prospective buyers should consider acquisition costs, maintenance history, and operational needs when evaluating ownership versus charter options.
Jay Franco Serevilla
Mar 31, 2026
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5
min read
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Wheels Up flight credits are a unique benefit for Delta's Diamond and Platinum Medallion members, allowing them to offset costs for private jet travel. These credits, valued at $2,000 and $1,500 respectively, can only be used for new bookings with Wheels Up and cannot be applied to commercial flights. Understanding the eligibility, redemption process, and limitations is crucial for maximizing this benefit.
Jeff Ryan Serevilla
Nov 6, 2026
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5
min read
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Empty leg flights offer a cost-effective way to fly privately, providing discounts of 30% to 75% on standard charter prices. However, these flights come with restrictions, including fixed routes and limited flexibility. This guide explains how to book empty leg flights, the savings potential, and key considerations for travelers.
Jay Franco Serevilla
Nov 5, 2026
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5
min read
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Explore America's most spectacular fall foliage destinations, from Vermont's vibrant maple forests to Colorado's golden aspens and Virginia's Blue Ridge Mountains. Discover five breathtaking autumn getaways, the best airports for reaching each location, and how private aviation makes seasonal travel more convenient.
Jay Franco Serevilla
Nov 5, 2026
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5
min read
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Golf legend Phil Mickelson owned a $40 million Gulfstream V private jet for nearly two decades before selling it in 2021. Discover the aircraft's luxurious features, why he transitioned away from full ownership, and how private aviation helps professional golfers travel comfortably between tournaments.
Jay Franco Serevilla
Nov 5, 2026
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5
min read
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This article delves into Delta Air Lines' fare classes, exploring the differences between Basic, Classic, and Extra experiences. It highlights how these fare structures affect ticket pricing, flexibility, and SkyMiles earnings, while also comparing commercial flights to private jet charters through Jettly. Understanding these nuances can help travelers make informed decisions based on their specific needs.
Jay Franco Serevilla
Nov 4, 2026
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5
min read
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This guide explores the essential role of Fixed Base Operators (FBOs) in private jet travel, detailing their services and how they enhance the flying experience. With over 5,000 FBOs in the U.S., they streamline the ground process, offering amenities and personalized service that differ significantly from commercial terminals. Understanding FBOs can help travelers make informed choices for a smoother journey.
Jay Franco Serevilla
Nov 4, 2026
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5
min read
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Private Jet Party: How to Plan a Safe, Stylish Birthday Celebration in the Sky
Private jet parties are a rising trend for birthday celebrations, offering a unique experience that combines travel and venue into one. This guide outlines essential planning elements, including aircraft selection, budgeting, and onboard etiquette, ensuring a smooth and stylish event. Jettly, a digital private jet charter marketplace, provides access to over 20,000 aircraft, allowing for flexible scheduling and personalized experiences. Key considerations include safety regulations, guest behavior, and the importance of early planning to secure the desired aircraft and customizations.
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5
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Midsize Jet Cost: 2026 Guide to Prices, Hourly Rates, and Charter vs Ownership
Understanding the costs associated with midsize jets is crucial for those considering chartering, fractional ownership, or outright purchase. In 2026, purchase prices for midsize jets range from $5 million to $30 million, while charter rates average between $4,000 and $6,500 per flight hour. Annual operating expenses typically fall between $700,000 and $1.5 million, making chartering more economical for travelers flying under 200-250 hours per year. Jettly's platform offers transparent pricing and access to a wide range of aircraft, helping users make informed decisions about private aviation options.
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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
