Monday, December 28, 2009

Private Jet Charter Prices – 8 factors to determine charter cost

Prices given by private jet charter companies vary widely, we must understand about the components that determine the price they gave.
By understanding the pricing component of private jet charter services, then we will not be fooled by the cheap prices determined by the agents. we certainly do not want to suddenly have a very large additional cost or no we can not arrive on time at the meeting place for transport not properly prepared.
To determine the cost of private aircraft charter determined by several factors.
The following factors are quite important factors determining the standard calculation of private jet charter prices per hour :    
 
  
1.      Charter companies management, maintenance and acquisition costs
2.      Aircraft age (Original manufacture date, Number of cycles on the engines, Interior refurbishment, and Number of hours the aircraft is available for charter in a particular year )
3.      Safety status - All aircraft are verified by independent auditors such as ARG/US, Wyvern or Q-Star.
4.      Aircraft type - determined by ( Helicopters, Turbo Props, Light Jets, Mid-Sized Jets , Heavy Jets, and Airliners )
5.      Time and Length of trip (Same day round trip – occasional, Weekend trip - typically require overnight costs, and Several days)
6.      Repositioning - Occurs when: (Aircraft is chartered from an airport it is not based, Not all airports are bases to aircrafts, and Aircraft availability shortage at desired airport )
7.      Concierge Services requested (In-Flight catering, Luxury car rental or limousine service, Hotel accommodation, and Tickets to requested events)
8.     Other Fees ( fuel surcharge, Landing fees, FBO Service fees, and Carbon offsets )

Typical private jet charter prices  /hr:
·        Helicopters charter prices - 1000/hr up to 5000/hr
·        Turbo Props charter prices - 1550/hr up to 2500
·        Light Jets charter prices - 2250/hr up to 3450/hr
·        Mid-Sized Jets charter prices - 3450/hr up to 5000/hr
·        Heavy Jets charter prices - 5000/hr up to 9000/hr
·        Airliners charter prices - 6500/hr and up