by Ray Lam

We as business people with our executive private jet status symbols are increasingly being squeezed with the rise of the middle and lower classes who also want to buy, charter, or rent executive private jet aircraft.

The costs involved in renting a private jet range from $1000 per hour to around $6000 per hour. The biggest difference in price is dependent on the size of the jet and the amenities. Today the costs of a first class ticket or business class ticket are fairly high, so it isn’t much of a bump up in price to rent a jet aircraft. If you are sending several people to one location then the hourly cost becomes very reasonable.

There are several advantages to having your own jet aircraft charter. There are fewer security issues when renting a private jet. Most terrorist are not going to try to board a private jet. Another advantage is that the jet will leave when you want it to versus being held captive by the commercial airlines and their schedules. You can arrive at a small airport five minutes before your flight when you use a private jet charter.

Another advantage is the ability to fly to smaller airports in more remote locations. When I travel commercial I normally have to get a rental car and then complete my travel on the road because I can’t fly into my destination city directly via commercial. The great thing about private jet charters is that you can go more places without the hassle.

The rates for private jet charters have gone down as competition and supply have gone up. You might be surprised at how low the rates are these days. There are many companies on the internet that broker the flights and there are even companies that allow private jet charter companies to bid on your business.

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