NetJets also has finance and leasing options, if you want a smaller upfront expense. NetJets owners sign up for a two-year, two-and-a-half-year or three-year commitment, depending on the size of the aircraft, and NetJets has a guaranteed buy-back option after that commitment is up. The occupied fee is the same regardless of jet size, at $1,950 per hour. For that same jet, the monthly management fee for a 50-hour share is $9,600, while a 400-hour share costs $60,000. In addition to the acquisition cost, fractional jet owners are also responsible for a monthly management fee and an occupied hourly fee, which covers fuel, maintenance, catering and landing costs. The largest share possible is a one-half interest, or 400 hours of flight time, which costs $4.4 million. Your biggest upfront cost is a one-time acquisition fee: for the Phenom 300 Platinum Edition jet, a 1/16 interest, or 50 flight hours, costs $550,000. The smallest share you can purchase is a 1/16 interest, which gives you 50 hours of flight time a year. Prices per share with the private aviation company vary depending on the type of jet you choose - light, mid-size or large-cabin - and how often you fly. With a NetJets membership, you purchase an undivided interest in a specific aircraft and gain access to a fleet of more than 650 jets worldwide. How much does a private jet flight cost with NetJets? NetJets operates the world’s largest private jet fleet of more than 650 aircraft globally. In 1986, NetJets pioneered the concept of fractional jet ownership, giving individuals and businesses all the benefits of whole aircraft ownership and more at a fraction of the cost. If you’re interested in traveling via private jet, NetJets offers a different model.
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