The least expensive way to get onto a private jet is through fractional ownership with companies like NetJets or Flexjet. The fractional jet company is making a profit as well as taking care of maintenance. He said the company’s fleet of under 100 jets flew a total of 1,100 hours in September and 1,460 in October. Charters offer a balance between having more control over when you fly and lowering some of the costs of ownership. Jet Edge’s average client has a minimum net worth of $50 million, which is low in the private jet world.

Source: International New York Times December 27, 2019 13:52 UTC