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We break down the different NetJets membership options, as well the minimum cost of the private jet service.
By Kim Ayling | November 16 2020
Offering fractional private jet ownership and membership cards, NetJets is one of the most cost-effective ways to fly private, without having to compromise on the standard of service, vehicle, or support. But how much does NetJets actually cost?
The cost of NetJets, which is the world’s largest private jet operator, will wholly depend on how often you travel and the level of commitment you want. For entry-level private jet usage, NetJets offers an exclusive membership card starting at approximately $5,000 per hour.
As the most affordable of NetJets’ private jet programs, the card starts with a 25-hour subscription, with hours being deducted as you fly and later topped up as required. The jet card offers a commitment-free option with full access to NetJets’ premium services, making it the best choice for customers who require minimal private jet transportation throughout the year.
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However, if you require more than 50 hours in the air per year, a fractional ownership program is likely to be the best value option. Allowing you to purchase a share of a private jet with your share equating to available hours, the cost of NetJets’ fractional ownership program will vary depending on the chosen aircraft model and the number of hours required per year, with the added financial security of just paying for what you need.
NetJets’ private jet fractional ownership offering is fully inclusive, with crew, maintenance and fuel all included in the share cost. This not only makes the program financially worthwhile, but also minimizes any extra effort or stress on your part. Owners are also guaranteed access to an aircraft; if the specific jet they own shares of is in use, a similar model or better will be provided from NetJets’ fleet of over 750 aircraft, with no additional charge for an upgrade.
Although the cost of NetJets’ shares program will vary, owners can rest assured that it is a worthy financial investment. So much so in fact, that NetJets promises to buy back your share after three years if you decide to opt out of the ownership program, guaranteeing protection of your investment.
In order to ensure excellent value for their owners, NetJets is also committed to mitigating certain fees and charges across their fractional ownership service. One way in which NetJets differ from other private jet companies is that they don’t charge aircraft positioning fees (the cost to move the plane from its current position to the customer’s desired take-off location).
Unlike other private jet fractional ownership services, NetJets is also able to offer its owners short-haul flights at no extra cost thanks to the size of its fleet, as well as the efficiency of its operational infrastructure.
Ultimately, the cost of NetJets will depend on which program you choose, with the minimum price being around $5,000 per flying hour. If you need up to 50 hours of private jet transport per year, the membership card will be the most cost-effective choice; if your time in the air will exceed 50 hours, fractional ownership will be more financially viable.