How much does it cost to rent a private 747 plane?

The average hourly rental rate of the Boeing 747-400 is around 30,950 USD per hour.

How much is it to lease a 747?

Data presented by, acquired from Collateral Verifications LLC, put the market lease rate for a Boeing 747-400 somewhere between $50,000 and $110,000 per month. Naturally, the value and cost of the aircraft will vary depending on factors such as: Age. Flight cycles.

How much does it cost for a Boeing 747 per hour?

Based on 450 annual owner-operated hours and $4.25-per-gallon fuel cost, the BOEING 747-400 has total variable costs of $7,812,774.00, total fixed costs of $416,150.00, and an annual budget of $8,228,924.00. This breaks down to $18,286.50 per hour.

How much it cost to rent a private plane?

The typical cost is between $2,000 and $23,000 per hour to charter a private jet, according to Airshare, a private charter service. A private jet rental for an entire weekend can run $100,000 or more.

Can you privately own a Boeing 747?

The most expensive jet is probably the Boeing 747-8 VIP with a value up to US$ 400 million. A Boeing 747 BBJ is the only 4 engine private jet.

Most Expensive Jet.

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Jet Type Price ($) Charter Rate / Hour ($)
Boeing 747 BBJ $260,000,000 $30,000
Boeing 787 Dreamliner BBJ $230,000,000 $28,000

Can you rent a whole plane?

Aircraft Rental: Can you Rent a Plane? Yes! Plane rentals are growing in popularity, and they are a fantastic option for pilots interested in flying on their own time but without the financial means to buy their own plane.

Can you rent an entire plane?

Chartering an entire plane can cost $35,000 for the same route. A third charter option is “booking by the seat” on a small commuter plane that’s similar to flying in commercial business class. The seat can cost around $100 for short hops and close to $2,000 for a three-hour flight.

How much does it cost to rent a whole plane?

The cost to charter a plane can range anywhere from $1,200 – $10,000 per billable flight hour. That range includes a wide variety of aircraft from small turboprops to the most expensive luxury business jets. Aside from the hourly rate of the aircraft, there many factors which affect private jet charter pricing.

What does a 747 cost?

In 2019, a single 747-8 Intercontinental cost $418.4 million. Meanwhile, the freighter variant was for sale for $419.2 million per unit. Comparing the cost of the initial 747-100, the price of the 747-8 is lower after taking inflation into account.

How much does it cost to rent a 737?

The average hourly rental rate of the Boeing 737-800 is around 21,050 USD per hour.

What’s the cheapest private jet?

The tiny Cirrus Vision Jet landing. The cheapest private jet on the market is the small but mighty Cirrus Vision Jet at $2 million. The Vision Jet is the world’s first single-engine private jet, and is powered by a Williams International FJ33-5A turbofan engine, which produces 1,800lbs of thrust.

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How much money do you need to fly private?

As for how much of a net worth you need to fly private, a minimum net worth of $25 million is suggested. $25 million can produce $680,000 a year in minimum annual income using a 2.7% rate of return.

What is the price for a private jet?

Secondhand planes can range between $3.5 million and $50 million, while a brand new jet can range at the low end of $4.5 million to extravagant prices of $60.5 million for a 17-seater Bombardier Global 6000, according to Air Charter Service.

Who owns a private Boeing 747?

The world’s second-largest private jet, a Boeing 747-400, belongs to Prince Al Waleed bin Talal. Number 45 on Forbes’ list of the wealthiest people in the world, the Saudi Arabian royal and investor owns chunks of companies across the US, Europe, and the Middle East.

Who owns a Boeing private jet?

Joseph Lau is the owner of a Boeing-747 8 VIP, worth 153 million dollars. In addition, 214 million dollars have been spent so for the layout of the cabin: the private jet is equipped with guest rooms, a bar, a gym, a workroom.