Private Jets Cost $2 Million Per Year
Private jets cost $2 million a year
- Owning a private plane runs about $2 million a year even if it never leaves the ground.
- The loan, pilot salaries, insurance, maintenance, inspections, and hangar rent all get paid whether you fly or not.
- Because the fixed costs are so high, the only sane move is to fly as much as possible.
- The payoff is time: a four-hour drive to San Diego becomes a 24-minute flight.
- Buying one to lounge on beaches is a waste; the case for it is growing businesses faster.
Outlook: Private plane costs stay heavy and fixed, so the math only works for people who fly constantly for work.