The True Cost of Owning a Private Jet
Owning a private jet is often associated with luxury and convenience. While the financial implications extend beyond the initial purchase price, the advantages can far outweigh the costs. Private jet ownership can be a worthwhile investment for those who value time, flexibility, and privacy. Purchase Price The acquisition cost of a private jet varies widely, from a few hundred thousand dollars for a used light jet to tens of millions for new, large-cabin models. While this is a significant expense, the benefits of having immediate access to air travel can lead to considerable savings in time and enhanced productivity. Financing…