What is the cost price of a jet plane?
Key Takeaways. A private jet can cost anywhere from $2 million to over $110 million. Ongoing expenses include crew salaries, routine maintenance, unexpected repairs, hangar rental, and insurance. Owning a small plane involves costs such as the initial purchase price, repairs, storage, insurance, and fuel. Small aircraft types vary in price: ultralights cost $8,000 to $15,000, single-engine planes $15,000 to $100,000, and multi-engine $75,000 to $300,000.How much does it cost to rent a private jet? The cost to rent a private jet varies from $2,000 – $14,000 per billable flight hour. These hourly rates include a broad selection of aircraft from turboprops to the finest executive jets in the sky.