Pricing Basics
How to Calculate the On-Demand Private Jet Rental Cost?
Here is a line-by-line itemized breakdown and explanations of charges and fees of domestic and international and multi leg charter flights. Essentially, this is a time, speed, and distance calculation plus additional fees. Using 4 sample scenarios and routes such as New York to Aspen and more, we itemize all the costs that make up the total private jet charter price for each respective flight.
Scenario 1: Round Trip - New York, NY to Aspen, CO - Sample Fees
A sample route between New York, NY and Aspen, CO
Here is a line-by-line breakdown of charges that make up the total private jet charter cost of a common charter flight. New York to Aspen with 8 passengers, round trip, 3 days and 2 nights using a midsize jet. Tax rates used are 2022 tax rates.
| Trip Type | Round Trip |
|---|---|
| PAX | 8 Passengers |
| Route | NY to Aspen |
| Duration of Trip | 3 days, 2 nights |
| Departure Airport | TEB |
| Destination Airport | ASP |
| Total Distance | 3,468 miles |
| Aircraft Size | Midsize Jet |
| Aircraft Type | Hawker 800 XP |
| Hourly Rate | $4,250 per hour |
| Average Speed | 400 mph |
| Daily Minimum | 2 Hr. N/A |
| Taxi and Takeoff | 30 min x 2 |
| Reposition Aircraft | 1 Hr. |
| Billable Flight Time | 10.6 Hr. (4.3 x 2 + 1 + 1) |
| Flight Cost | $45,050.00 |
| Crew Overnight Cost | $3,000 (1,500.00 x 2) |
| Landing Fees | $500.00 |
| Subtotal | $48,550.00 |
| Federal Excise Tax | $3,641.25 |
| Segment Fees | $72.00 (4.50 x 8 x 2 legs) |
| Total Cost | $52,263.25 |
- The total distance for this trip is 3,468 nautical miles (one-way - 867 miles x 2) divided by the average speed of 400 mph equals total flight time of 8.6 hours plus 1 hour for repositioning aircraft and 1 hour taxi and take off in both directions for a total flight time of 10.6 hours.
- The flight time of 10.6 hours multiplied by the hourly rate of $4,250 equals a total of $45,050.
- Average overnight costs and per diem for the crew are $750 per night for a 2-person crew totaling $1,500, times 2 nights equals $3000.
- Flight time minimums of 7.5 hours (3 day × 2.5 hours = 7.5 hours) been exceeded for this itinerary and do not come into the calculation of the charter price.
- The flight cost of $45,050 plus the crew overnight cost of $3,000 equals $48,050.
- Segment Fees are 4.50 per passenger, per flight leg, times 8 passengers equals $36 x 2 (2 legs) equals total $72.
- Adding in the landing fees and FET taxes of 7.5% amounts to a total all-inclusive charter price estimate of $52,263.25.
- Fair market price estimate for this trip is between 48K USD to 55K USD
Scenario 2: Multi Leg Trip - Denver, Amarillo, St. Louis, and back to Denver
A sample route between Denver, CO, Amarillo, TX, St. Louis, MO, and back to Denver, CO
This is a same day-trip, passengers take off early in the morning and come back in the time for dinner… having 2 to 3-hour meetings in Amarillo and St Louis while the plane waits at the locations.
| Trip Type | Multi Leg Trip |
|---|---|
| PAX | 5 Passengers |
| Route | KAPA - KTDW - KSTL - KAPA |
| Duration of Trip | Same day trip |
| Departure Airport | Centennial - Amarillo – St Louis |
| Destination Airport | Centennial |
| Total Distance | 347 + 681 + 1,255 = 2,283 miles |
| Aircraft Size | Light Jet |
| Aircraft Type | Citation CJ3 |
| Hourly Rate | $3,000 per hour |
| Average Speed | 400 mph |
| Daily Minimum | 2 Hr. N/A |
| Taxi and Takeoff | 30 min x 3 = 1.5 Hr. |
| Reposition Aircraft | 1 Hr. |
| Billable Flight Time | 8.2 Hr. |
| Flight Cost | $24,600.00 |
| Crew Overnight Cost | $0 |
| Landing Fees | $1,500.00 |
| Subtotal | $26,100.00 |
| Federal Excise Tax | $1,957.50 |
| Segment Fees | $22.50 (4.50 x 5) |
| Total Cost | $28,080.00 |
- Fair market price estimate for this trip is between 24K to 30K USD