TL;DR: The State of Private Jet Prices in 2025

The private jet market in 2025 shows stability and growth, with strong performance in fractional ownership, used sales, and charters. New jet prices range from $5-$80M, while used jets can cost as little as $1-$2M. Charter flights remain a flexible and cost-effective alternative for private aviation.

Key Points:

  • Market Trends: Predicted $21.25B market value by 2033, with steady growth.
  • Jet Costs:
    • New jets: $5-$30M; ultra-luxury models up to $80M.
    • Used jets: Starting at $1-$2M.
  • Charter Prices: $4K-$5K/hour for turboprops; $15.2K-$18.5K/hour for heavy jets.
  • Growth Drivers: Post-pandemic recovery, rising demand for fractional ownership and charters.

The private jet market caters to a broad range of fliers. From families focused on personal travel to businesses that need to bring important staff to meetings across the country and globe, there are many types of potential buyers and plenty of different jet types on the market.

So, what does the market for private jets look like as 2025 approaches? What are the benchmarks for private jet prices, and are there any clear signs of major shifts in demand? Where do private charter jet prices fit into the larger market?

Keep reading to learn more about the state of the market for private jets in 2025.

Predictive Overview for Private Jets in 2025

Luxury lifestyle magazine Robb Report shared insights from a major annual private jet industry conference, the Corporate Jet Investor (CJI) conference, held in Miami in November 2024.

Noting that the industry overall — including private jet charters, jet sales, jet card membership programs, and more — tends to experience up-and-down cycles, it appears that many of those segments are on an upswing. Leaders from several businesses in the industry expressed positive sentiments about the private jet travel market in 2025.

It looks like fractional jet ownership, used private jet sales, and sales of new aircraft are experiencing some of the strongest stability and growth. However, the industry as a whole is performing well.

Drop-offs in demand in certain market segments from the peak of COVID-related travel restrictions were noted, but performance is still strong from a long-term perspective.

Honeywell released its annual business aviation outlook in October 2024, revealing findings broadly in line with the CJI conference. The outlook predicts roughly 8,500 new business jet deliveries for the 10-year period starting in 2025, with a total value of $280 billion.

The market for new jets overall appears to be declining from a recent high, also influenced by COVID-related travel restrictions. However, the business jet market is above its pre-pandemic peak and appears to be both stable and slowly growing.

Straits Research predicts that the private jet market will rise from a total value of $17.01 billion in 2024 to $21.25 billion in 2033. That represents a compound annual growth rate (CAGR) of 2.5% across the multiyear period.

An interior view of a private jet.

The Price of Private Jets in 2025

Private jet pricing in terms of purchasing, whether new or used aircraft, is difficult to boil down to a single figure. Even leaving out operating costs, such as landing fees, fuel prices, maintenance, and more, the cost of ownership for flying privately depends on several factors. These include:

  • The type of jet. A light jet or turboprop plane will be substantially less expensive than an ultra-long-range heavy jet, for example.
  • New vs used. Brand-new private jet prices will of course be higher than those of used jets, especially jets that have been flown for many years.
  • Type of purchase. Buying a jet outright for exclusive use means bearing the entire cost of the aircraft, while shared or fractional ownership will decrease those costs.

While determining an exact average for future prices is impossible without in-depth algorithms and access to diverse data sets, we can easily review the range of prices for private aircraft in 2024 and consider how it will apply to 2025.

Private jet marketplace AVBuyer explains that the overall private jet price range is roughly $5-$30 million, with some exceptions. The most expensive heavy jets, like the Gulfstream G700, can cost as much as $80 million. Used private jets, on the other hand, can cost as little as $1-$2 million, depending on their history of use and time in service.

Private Jet Charter Prices

Full ownership of a private jet represents an incredibly large investment at purchase and significant ongoing costs (maintenance, fuel, crew, hangar fees, and more) as time goes on.

Travelers who want the safety, convenience, and comfort of private jets without the full costs of ownership often turn to private jet charters as an alternative. Private jet rental prices are much smaller in scale and involve no ongoing commitment, as is needed with jet ownership.

We offer in-depth estimates for chartering private jets, and we’ll share a ballpark figure with you here. Private jet charter prices range from roughly $4,000-$5,000 per hour for turboprop jets to $15,200-$18,500 for ultra-long-range heavy jets.

Stratos Jets is here to help you find the perfect private jet charter for your needs. Our emphasis on safety, reliability, and a comfortable experience position our team as leaders in the private jet charter space.

Start planning your next charter jet experience. Get a free quote with our private jet cost estimator!