For many, buying a luxury private jet automatically seems like the next step once they own luxurious property and establish a flourishing business. But is it really a good choice today?
While you might view a private jet as a long-term investment that you can afford, buying a private jet isn’t just limited to the purchase. Several other costs and considerations are involved after one buys a private plane, which can increase your long-term costs significantly.
Private jet parking cost
Once you buy a private jet, it’s important to find a suitable place to park it. The cost of parking a private aircraft at the airport may vary depending on which airport it is and the type of aircraft you have. But on average, you might have to pay anywhere from Rs. 5,000 (for small jets) to Rs. 50,000 (for large, heavy jets) per day to have your private plane safely parked at a major Indian airport. For example, at Mumbai airport, the parking costs range from Rs. 5,000 to Rs. 15,000 per hour, depending on the plane size.
Fuel
One of the largest expenses of owning a private jet is the fuel cost. In a megacity like Mumbai, the price of aviation turbine fuel comes to around Rs. 1,11, 246 per kiloleter. For long-distance travel, your aircraft is likely to consume up to 1,36,850 liters of fuel, so you can imagine the amount you would be spending on fuel every time you leverage the luxury of the private jet your own.
Maintenance of the private jet
Maintaining an aircraft involves various activities, including preventive and scheduled servicing, testing, repairs, and inspections. A certified Maintenance, Repair, and Overhaul (MRO) technician needs to be called in for such maintenance work. And when you own a private jet, you are responsible to fund for each of these activities.
On-board amenities and luxuries
Whether it is to source the meals and beverages for your travel or set up or change the seat upholstery, you pay for every amenity and luxury you require in your aircraft. These expenses add to the total costs involved in owning a private plane.
Now, think about outsourcing all of these responsibilities—and the cost for each—to a third party, while you continue to enjoy all the perks and privileges of flying private. You only need to pay to rent your private jet, and you can leave every other expense to us. Moreover, the team leaves no stone unturned to fulfill your every need and desire on board. You travel nonstop from your source to destination, evading airport queues, and with the aircraft waiting for you until you have boarded. For all such reasons, even the wealthiest and most top-rated Bollywood celebrities prefer to rent, as opposed to buy, a private jet.
We look forward to understanding your travel requirements and fulfilling your every need on board, while you fly in the epitome of luxury and prestige. Have a look at our fleet, and connect with us to find out about private jet rental prices in India.