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A $2 million private jet typically buys a pre-owned light jet or a high-end turboprop, with total ownership costs potentially matching or exceeding the purchase price within five years. Annual operating expenses can range from $400,000 to $800,000, making ownership less economical for those flying fewer than 150-200 hours per year. Alternatives like chartering or jet cards often provide better value and flexibility without the complexities of ownership, such as maintenance and insurance. For potential buyers, evaluating actual travel patterns and costs through platforms like Jettly can help determine if ownership is a justified investment.
Jay Franco Serevilla
Jun 24, 2026
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5
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NetJets US, a Berkshire Hathaway company, offers fractional ownership and jet card programs for private aviation, operating over 800 aircraft. This article compares NetJets' structured offerings with flexible on-demand charter options like Jettly, helping travelers make informed decisions based on their needs and preferences.
Jay Franco Serevilla
Oct 1, 2026
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5
min read
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This comprehensive guide reveals the best times to buy flights to Europe in 2026, highlighting key booking windows and seasonal trends. By understanding fare patterns and utilizing strategic airport choices, travelers can save significantly on their tickets. Additionally, it discusses when private charters through Jettly may offer better value compared to commercial flights.
Jay Franco Serevilla
Oct 1, 2026
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5
min read
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The Cessna Citation VII is a high-performance midsize business jet that offers a comfortable cabin for up to 7 passengers and impressive cruise capabilities. Despite its production ending in 2000, it remains a popular choice for charter services due to its reliability and cost-effectiveness. With a maximum range of 2,220 nautical miles and the ability to fly at altitudes up to 51,000 feet, it provides excellent performance for various travel needs.
Jay Franco Serevilla
Oct 1, 2026
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5
min read
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The Gulfstream G700 is the largest and most advanced private jet, appealing to ultra-high-net-worth individuals, corporations, and charter operators. With a price tag of around $75 million, ownership is often discreet, utilizing LLCs for privacy. This article explores who owns the G700, including notable figures like Elon Musk, and how travelers can access this elite aircraft through charter services.
Jay Franco Serevilla
Oct 1, 2026
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5
min read
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Selling a private jet requires careful preparation and understanding of market dynamics to maximize its value. This guide outlines key strategies, including realistic pricing, thorough documentation, and the benefits of transitioning to on-demand charter services like Jettly for continued private travel flexibility.
Jay Franco Serevilla
Oct 1, 2026
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5
min read
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Traveling to Gulf Shores and the Gulf Coast has become more convenient with options ranging from budget airlines like Allegiant to private jet charters via Jettly. This guide helps vacationers and business travelers choose the best air travel method based on their needs, whether it's cost-effectiveness or flexibility. With Gulf Shores International Airport now offering direct flights and private charters providing quick access to smaller airports, reaching this popular destination is easier than ever.
Jay Franco Serevilla
Oct 1, 2026
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5
min read
Explore our latest articles and updates.
5
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Gulfstream V Operating Costs: Ownership, Charter Rates, and Budget Breakdown
The Gulfstream V, an ultra-long-range business jet produced from 1995 to 2002, has significant operating costs that vary based on flight hours, with annual budgets ranging from approximately $1.66 million for 200 hours to over $4.5 million for 450+ hours. Fixed costs, including crew salaries and maintenance, typically range from $650,000 to over $900,000 annually, while variable costs can reach $7,200 per flight hour. Chartering the Gulfstream V is often more economical for those flying under 300 hours per year, with rates around $9,000 to $10,000 per hour, while ownership may be justified for higher usage. Prospective buyers should consider acquisition costs, maintenance history, and operational needs when evaluating ownership versus charter options.
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5
min read
Comprehensive Guide to the Learjet 60: Performance, Features, and Market Insights
The Learjet 60 is a reliable midsize business jet known for its strong climb performance, efficient Pratt & Whitney Canada PW305A engines, and a range of over 2,000 nautical miles, making it ideal for regional travel. It comfortably seats 6-7 passengers in a spacious cabin and offers competitive cruise speeds of Mach 0.76-0.81, with a service ceiling of 51,000 feet. While it has lower acquisition costs compared to newer models, safety concerns have arisen due to its accident rate, primarily attributed to pilot error during landings. Platforms like Jettly facilitate access to the Learjet 60 for chartering, providing a practical option for corporate and private travel without the burdens of ownership.
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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. TICO: 50023770
