If you’re looking to charter a private jet, it's important that before the flight begins in order not only have an idea of how much your trip will cost but also what type aircraft is being used. The distance flown and location from which it departs both play large parts into determining prices too. Get an instant quote for your charter flight above using our free charter cost estimator tool.

Status Jet provide a free private jet quote estimator that will help you determine how much it would cost to charter one of our beautiful aircrafts. So what are some factors that go into determining the price of your flight? It is true that there are many different types of aircrafts with varying prices depending on size and distance flown. The total fare cost will depend on a variety of factors. How do you calculate how much it will cost? What are these costs exactly? 

Basic hourly rate 

The basic hourly rate is the price for aircraft usage without any additional factors being included. These rates are usually higher than special pricing and will vary depending on the size and comfort level of the aircraft.

Fuel costs 

These costs include both fuel and additional fuel necessary for any weight or weather contingency which is unexpected. The rate includes fuel used during taxi, take off and landing of the airplane and also depends on your route and total trip time. Additional fees of $1 per gallon are also added after 1,000 pounds of fuel have been exceeded.

Carrying cost 

here is a per hour rate for carrying other people on the flight which is determined by the number of people being carried. If you add more passengers to your flight, there will be an additional fee for this service.

Insurance

The insurance that covers the aircraft is a part of the hourly rate and is required because it costs a lot to replace an aircraft. It usually includes coverage for engines, airframes, hulls and legal liabilities arising from bodily injury or property damage caused by the operations of the aircraft.

Turbine fuel adjustment fee

The turbine fuel adjustment fee applies when there is a change in the turbine fuel price. It's used to account for the fluctuating prices of jet fuel and is calculated by multiplying the difference in the price per gallon with the total gallons needed for that flight.

Taxes and fees

The taxes and fees associated with your flight include charges levied on different airports, including: Landing fee: This refers to a fee imposed upon an aircraft for landing at an airport. Departure fee: You will need to pay this fee if you depart from an airport. Congestion fee: This refers to a charge imposed by the FAA on commercial operations which is based on the hours of operations and is pro rated among all arrivals and departures in a given hour.

Other factors Other factors which influence your flight prices are:

Flight plan fee

A flight plan is required for all flights over water or when flying into any airport that does not provide air traffic control (ATC) services. The charges for this service vary depending on the type of aircraft and where it will land after departing from its site of origin.

Extra baggage charge

The amount you will pay for extra baggage is determined by the weight of your luggage. Baggage weight limits vary depending on if you are traveling with one or more people onboard.

Weather contingency fee

This fee is charged if any unplanned weather events happen which result in significant delays, reroutes or cancellations. It gives an allowance for the loss of revenue resulting from unexpected changes in your flight plan.

Flight cancellation fee

This means that the aircraft is unable to fly for any reason and comes with a refund or charge depending on what was previously quoted for the trip.

Operational cost

There is an hourly rate a pilot must be paid in order to complete a trip. If you request to fly further than the normal route, there is an additional fee that comes into play.