Quantcast

The financial considerations of owning a private jet in 2025

Travelers are taking extreme measures and using hacks to avoid airline baggage fees
Pigeons Cause Chaos on Delta Flight
United Airlines’ Uniforms Get A Facelift—And A Political Filter
United Continues to Face Catering Chaos at San Francisco
Passenger Stows Away on Delta Flight from New York to Paris
Wizz Air becomes first airline to operate P&W-powered Airbus A321XLR jet
Hawaiian Airlines’ new ‘no show’ policy may make travel more expensive
BLIMP-SE OF THE FUTURE Luxury zeppelins of the future from ‘flying bum’ world’s largest aircraft to Google billionaire’s ‘impossible’ airship
Swiss Startup SmartFlyer Develops Hybrid-Electric Trainer
San Francisco-based entrepreneur takes a trip on India's worst-rated airline, his reaction will surprise you
First-Time Flyer at 81: A Grandmother's Memorable Journey
Ryanair forecasts fare rebound as consumers recover from interest-rate hit
Global Airlines Launches Inaugural Flight, Aiming to Revive 'Golden Age of Travel'
Winning routes: American Airlines adds more than 22,000 seats for football fans following release of 2025–2026 pro schedule
Boeing scores Middle East plane deal during Trump visit
Air travel will be ‘worse’ this summer, lawmakers warn — as FAA gives infuriating update on system fixes, staffing issues
Qatar Airways places record $96 billion Boeing order amid Trump visit
United Airlines CEO Reassures Passengers About Newark Airport Safety
American Testing Tech to Help Passengers Make Connecting Flights
British Airways to use AI in efforts to improve operations
American Airlines Tests New Tech to Help Passengers With Tight Connections During Summer Rush
Flight Diverted After Pregnant Woman on Board Goes into Labor and Delivers Her Baby: Report
United Airlines CEO Scott Kirby says "this is the most optimistic I've been in my entire career about finally getting the FAA fixed"
U.S. Transportation Secretary Sean P. Duffy Unveils Plan to Build Brand New, State-of-the-Art Air Traffic Control System
Passenger rushing for next flight can't believe what woman next to her does
Why fuel price crash won’t make flying cheaper
Kristi Noem says travelers without Real ID will still be able to fly after deadline
Frontier Airlines Announces New Routes Launching This Summer, Connecting Baltimore With Chicago O’Hare and Trenton, N.J. With Myrtle Beach, S.C.
Airlines in North America prioritize investments in cyber, AI
The evolution of the airline uniform — a cross check
The financial considerations of owning a private jet in 2025
Policy
Webp received 1008248624704235
Cessna Citation XLS | Wikipedia

Owning a private jet, while often seen as a luxurious statement, incurs significant expenses. The expenses include initial capital costs and ongoing operating costs, which vary significantly depending on the size and type of the jet. Smaller jets, such as light jets, are more economical to manage compared to midsize or large jets, which come with higher costs associated with storage, maintenance, and operations.

Liberty Jet highlights that the annual operating cost for light jets like the Honda Jet can range between $579,000 and $928,000 based on usage. In comparison, midsize jets might require between $940,000 and $1.5 million annually, while very large jets such as the Bombardier Global 7500 can reach operating costs of up to $3.2 million per year.

There are several ownership options available to potential private jet owners, such as complete ownership, fractional ownership, and leasing. This article delves into the capital and operational costs across various jet categories to identify those with lower operating costs.

Get the Newsletter
Sign-up to receive weekly round up of news from Sky Industry News
By submitting, you agree to our Privacy Policy and Terms of Service. By providing your phone number you are opting in and consenting to receive recurring SMS/MMS messages, including automated texts, to that number from our short code. Msg & data rates may apply. Reply HELP for help, STOP to end. SMS opt-in will not be sold, rented, or shared.

The Honda Jet, a light private jet with a typical seating capacity of 4-6 passengers, costs between $3 million and $12 million dependent on specifications. The operating costs mainly consist of fixed costs—comprising storage, hangar fees, insurance, and crew fees—estimated by Liberty Jet to be around $230,000 annually. Fixed costs are complemented by direct operating costs including fuel, maintenance, and airport fees, which can go up to $350,000 for 200 hours of flying each year.

According to Honda Aircraft Company, "Honda Aircraft Company builds aircraft with the latest innovations in aviation to change the way we travel." The company aims to make private aviation more accessible by offering aircraft that are fast, comfortable, and fuel-efficient. Over a decade, an investment in a Honda Jet, factoring all associated costs, can total $12-15 million.

Midsize jets like the Cessna Citation XLS can seat up to nine passengers and cost around $15 million. They provide a balance of capacity and range, with operational expenses reflecting their larger size and increased range. The President and CEO of Textron Aviation, Rop Draper, adds, "Adding the Garmin Emergency Autoland system to our entire Citation light jet family lineup represents a monumental leap in aviation technology."

The annual fixed cost for a Citation XLS is around $388,000, with direct operational costs at $552,000 for 200 hours annually. A ten-year ownership with moderate annual flight hours would sum up to roughly $25 million.

NetJets describes the Citation XLS as offering, "midsize jet comforts with light-jet flexibility, making it one of the bestselling private jets of all time."

In the category of large business jets, options such as the Bombardier Global 7500 serve between 14 and 19 passengers and are priced around $78 million. With luxurious features suited for long hauls, the associated costs are higher, with expected operational expenses totaling $105 million to $120 million for a decade of ownership including inflation.

As defined by NetJets and other industry experts, the choice between light, midsize, and large private jets often comes down to a trade-off between operating costs and capacity or range requirements.

Organizations Included in this History
More News

According to a recent report, an unusual incident occurred on an American Airlines flight.

Jun 8, 2025

Southwest Airlines is commemorating its 54th anniversary with a promotional campaign offering significant discounts on flights.

Jun 8, 2025

Ontario, California, marked a significant milestone by welcoming its second long-haul passenger route from STARLUX Airlines, connecting to Taipei.

Jun 8, 2025

Alaska Airlines is set to enhance its inflight dining experience by expanding its fresh food offerings.

Jun 8, 2025

Spirit Airlines is considering postponing or canceling some of its Airbus orders due to the ongoing trade conflict between the United States and the European Union.

Jun 8, 2025

Delta Air Lines flight 2089 experienced a delay of one hour and 35 minutes on June 1st, as reported by FlightAware.

Jun 8, 2025