What’s The Best Way to Travel by Private Jet?

If you’re new to the private jet world, you may be surprised by the vast amount of options there are when looking to travel by private jet. Beyond just asking 'how much does a private flight cost?' - the question becomes, 'how do you want to fly by private jet?'

Between Ownership, Fractional Ownership, On-Demand Charter, Seat Sharing, Shuttle – it can all be overwhelming and confusing.

To help bring light to the industry, we’ve simplified each option to help you better understand your choices.

buy charter or share a private jet

Buying A Jet

A small amount of private jet customers choose to own their own private aircraft. While it can give you total freedom and flexibility, it can also be very costly.

Not only can the purchase price of a private jet vary from around $400K for a small jet to $65M for a Gulfstream G650, but even the cost of managing and maintaining the aircraft can pile up. Things such as crew salaries, management fees, fuel costs, landing fees, and much more can add another $500K a year.

Fractional Ownership

The next choice could be fractional ownership. This is a bit like owning a “timeshare” in a vacation property; you own a share of an aircraft (whether it’s a quarter, an eighth, etc.). For example, a sixteenth share typically gives you about 50 hours of flying time.

buy charter or share a private jet

However, fractional owners are required to sign a contract and pay upfront – in many cases, for several years of flying. These complex contracts can be off putting, and can often include restrictions such as peak period limitations and extra charges for different aircraft types.

Many price-savvy private jet customers will use both fractional and charter to help keep costs down.

Private Jet Charter

Which brings us to the most common way to rent a jet: private jet charter. Private jet charter is when you book a specific aircraft for a specific journey. The price you pay is for that specific trip and for the entire aircraft (not per passenger). 

If you’re looking for the freedom and flexibility of private jet, without the hassle of buying or signing a long term contract, private jet charter is the way to go. There are thousands of charter aircraft available worldwide – so to find the right one for your journey, at the most cost-effective price, it pays to use a private jet broker or booking service, like PrivateFly.

buy charter or share a private jet

PrivateFly revolutionized the way you book a private jet charter with our innovative, custom-built technology. PrivateFly’s unique technology is integrated with thousands of accredited aircraft around the world.

When you submit your flight request, aircraft operators will quote competitively on your request through our exclusive online marketplace – giving you direct access to the best options, at the best prices, for every flight.

Try it here:

Search For A Flight

In addition, you’ll have the support of our 24/7 expert Flight Team helping you every step of the way, ensuring your flight goes off without a hitch. Call the Flight Team (24hrs) at (866) 726-1222.

Seat Sharing & Shuttle Flights

Recently, more companies are trying to make private jet charter even more cost-effective by creating seat sharing or shuttle flight options.

“Seat sharing” allows travelers to buy spare seats on a private aircraft, whether it’s on a requested charter flight or on a pre-determined route. This can bring the cost of the flight down considerably.

However, there are downsides to these type of flights.

First, many of these companies ask you to buy a subscription or membership before you even get to fly. You pay this plus the cost of the seat on their aircraft – and you don’t necessarily get a choice of which aircraft you’ll be flying on.

buy charter or share a private jet

Second, you’ll be sharing the cabin with other travelers. This turns the private jet experience into one closer to a commercial flight – with potential long waits in the lounge before takeoff, sharing a cramped cabin with strangers (even more awkward depending on the aircraft!), and not having the ability to change your flight departure if something should come up.

About PrivateFly

PrivateFly is a leading global booking service for private charter flights. Since we revolutionized private jet charter booking when we launched in 2008, PrivateFly has always believed in going above and beyond in everything we do.

To book a private jet flight, or to simply inquire about an upcoming trip, contact us online, download our app or call us 24/7 at (866) 726-1222.