In 2026, potential buyers of private jets must weigh the costs of ownership against chartering options, with ownership typically making financial sense only for those flying over 200-250 hours annually. The purchase price for jets ranges from approximately $2M for older light jets to over $75M for new large-cabin models, with annual operating costs potentially exceeding $1M. For many travelers, especially those flying less frequently, using a charter service like Jettly is often more economical and flexible, allowing access to a wide range of aircraft without the long-term financial commitments of ownership. This guide aims to help executives and frequent travelers make informed decisions by understanding the true costs and benefits associated with both purchasing and chartering private jets.
Jay Franco Serevilla
Apr 11, 2026
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5
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On-demand private flights offer a cost-effective and flexible alternative to fractional jet ownership, allowing you to pay only for the flight hours you use. Ideal for individuals who need between 50 and 500 flight hours per year, this service eliminates upfront costs and long-term commitments. While planning and flexibility can be more challenging, a reliable broker can ensure dependable alternatives. Trust Jettly to simplify your transition and enhance your private flying experience.
Justin Crabbe
May 6, 2025
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5 minutes
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Disclaimer: Jettly operates as a charter broker, offering access to a global digital jet charter marketplace. Jettly is not a direct air carrier and does not own or operate aircraft. All advertised flights are conducted by third-party air carriers that are fully licensed and hold the appropriate Part 135 or Part 121 certifications issued by the Federal Aviation Administration (FAA) or equivalent regulatory authorities under U.S. or foreign law. Jettly complies fully with the U.S. Department of Transportation's Part 295 and Part 298 Charter Broker regulations. Jettly does not carry additional liability insurance. Passengers are covered by aircraft operator insurance.
