Private Jet Charter Prices - Affordable or Not? It all comes down to the 5 W’s – Who, What, Where, When and Why?
Private Jet Charter prices are misunderstood. The perception is private jet charter is just for the rich and famous. Of course, we all see celebrities and the like flying on their Global and Gulfstream jets, these are the Lamborghini’s of the Jet World. Unless you are flying long-haul, it makes little sense to charter a ‘long range’ jet, unless of course money is no object.
The pandemic is seeing a huge reduction in commercial airline availability, more and more people are looking at private jet travel as an alternative. Many are pleasantly surprised to find prices do not break the bank. It basically comes down to 5 W’s – Who, What, Where, When and Why?
Who is flying?
Who is flying – just you, your small executive team, a small group of Customers/Clients, large groups, or family and friends? This is an important factor in deciding which aircraft type is suitable especially if you are price conscious. You certainly do not need to go to the expense of chartering a mid-size jet if there are only 1-2 people travelling. An entry-level jet such a Citation Mustang would be ideal for European hops.
What is the Purpose of your Flight?
Are you simply looking at getting from A to B as quickly and efficiently as possible? Looking to visit multiple business sites? Taking your family on holiday? Perhaps looking at partnering up with friends, say a group of 2-3 families? Private jet charter prices can be reduced significantly if families are happy to group together and share the cost.
Where are you flying?
Short hops over to Europe, Intercontinental or Long Haul/Transatlantic flights? Flying long haul, you will obviously need a long-range jet, but if it is a short hop over to Europe, private jet charter prices can be kept to a minimum by choosing the aircraft most suited to your destination.
When are you flying?
What time of year are you travelling? Peak times such as School Holidays, Easter, Summer holidays and Christmas is going to see a bigger demand for jets and less availability for a preferred aircraft type. In turn, this might mean a larger aircraft may have to be chartered as the smaller jets are already chartered.
Are you travelling to places where snow and ice are an issue? You may have to factor in deicing costs. As the operator of the Jet will not know whether de-icing is required until departure this cost is charged to the client after the flight and can be quite expensive if flying on a larger jet. Some airports have surcharges if you fly out of normal operating times.
Why fly privately?
Is it your intention to minimise the risk of contracting Covid 19 by avoiding passenger transit lounges and commercial airlines, to utilise smaller airports and avoid major hubs, to entertain a business client or simply to have the flexibility in your travel schedule?
Our clients mainly fluctuate between using very light jets (VLJ) through to midsize jets. Private jet charter prices can be minimised by simply applying the Who, What, Where, When and Why. Our focus at Flyconnex is to help you find the most cost-effective aircraft for your trip requirement.
Very Light Jets (VLJ) (Non-Stand up Height – Quick Hops) – 4-5 Passengers
London to Paris o/w – Flight time approx: 00:50 – Cost from £3,500
London to Zurich o/w – Flight time approx: 01:30 – Cost from £5,500
London to Nice o/w – Flight time approx: 01:45 – Cost from £6,700
Midsize Jets (Stand up Height Cabin – Trip duration up to 7 hours) – Up to 8 Passengers
Midsize jets are the ideal choice for those seeking longer-range travel, more headroom and additional luggage capacity. Midsize jets are great for business travel within Europe as they are small enough to still be cost-efficient but big enough to seat 8-9 passengers. Popular for business trips from London to Geneva and further afield to Moscow.
London to Paris o/w – Flight time approx: 00:45 – Cost from £7,000
London to Zurich o/w – Flight time approx: 01:25 – Cost from £8,400
London to Nice o/w – Flight time approx: 01:40 – Cost from £9,500
By qualifying your trip requirements using the 5 W’s you can cut down the private jet charter price substantially, and by further dividing the cost between the number of passengers flying, private jet charter really is affordable.
If you have never flown privately before and are interested in ‘trying it out‘, you can look for ‘Empty Leg’ flights. An Empty Leg flight is a flight generated when a private jet must reposition, either to home base after dropping passengers at their destination or to reposition to another airport for its next charter flight. Since the operator needs to move the aircraft anyway, they will generally be happy to offer the empty part of the flight at a significant discount, compared to the full charter price.
Discounts can be as high as 75% of the original charter price. You must be flexible if you choose to travel on an Empty Leg as last-minute changes to the paid flight can result in your trip being re-scheduled or even cancelled. If you would like to know more about ‘Empty Legs’ and availability please visit Flyconnex at https://flyconnex.co.uk/empty-legs/. We will be happy to check ‘Empty Legs’ and negotiate rates on your behalf.
In conclusion, there are a number of ways to keep your private jet charter prices in check and by contacting us we can provide you with the most economical solution to your trip requirements.
Make the Connection and Flyconnex.