Buying a private jet can cost anywhere from $3 million to $75 million, according to Simple Flying, and maintenance fees can cost between $500,000 and $1 million yearly. Then you've got airport and hangar fees as well as the wages for pilots and cabin crew.
How much is a 8 seater private jet?
Bombardier Learjet 45XRThis mid-size jet costs Rs. 98.94 crore (roughly $13 million brand new, matching the price of the Cessna Citation XLS+). The Bombardier Learjet 45XR has a range of around 3,167 km and can seat eight passengers.
How much is a private jet?
How rich do you need to be to own a private jet?
However, they also noted that it will typically cost $500,000 to $1 million a year just to operate a private jet. This means that a private jet owner will probably need at least $10 million in income per year to afford to become a jet setting jet owner.
How wealthy do you need to be for private jet?
To be able to afford flying privately, your annual household income will likely need to be no less than seven figures. The minimum net worth of private flyers is usually around $25 million.