The Cost of Commercial vs. Private Charter
By Greg Raiff
When it comes to chartering a private aircraft, it is assumed the per passenger cost is much higher than scheduled commercial flights. In some cases, this might be true. The aircraft price is based on many elements not the least of which is the destination and capacity of the aircraft. By using the aircraft at a full or near full utilization, the pro rata cost could actually be lower (and in some cases, significantly lower) than what you might expect to pay for a business or first class seat on a scheduled carrier. Clearly, VIP private jet service is not suited to every group and budget. However, when your budget and destination would typically allow for a business or first class fare on a commercial flight, chartering may prove to be the preferred solution.