It is not easy to have it for a long time. Parking costs, technical support, aircrew wages, various taxes and fees, mechanical maintenance, landing costs and fuel costs (which have risen significantly in recent years) are very large expenses, and the subsequent maintenance costs are often higher than the cost of purchasing aircraft.
So?
The annual upkeep of a private jet typically accounts for about 10% of the plane’s price.
Statistics show that, whether in the United States, Australia, or Russia, if frequent flying, private jet flight costs about 1.5 million to 2 million dollars a year.
Many of those who can afford a private jet can afford it. New York Mayor Michael Bloomberg, who runs the Bloomberg news agency, often flies on vacation, often costing tens of thousands of dollars to fly back and forth.
Insurance for private jets in the United States is numerous and expensive.
As with driving, insurance premiums for domestic and commercial aircraft can vary widely depending on the purpose for which the aircraft is registered.
Typically, the annual cost of insurance, airline gas, pilot fees, etc., can range from $100,000 to $200,000.
Private jets also cost $100 to $190 an hour to service or maintain.
If you add the annual maintenance cost of the aircraft, it is a very expensive expense.