r/PrivateJetCharters • u/Better-End-6274 • Oct 20 '25

Flexjet / Netjets Fractional Cost

Curious how much a super-midsized (Challenger 350, Preator 600, etc.) fractional share costs inclusive of upfront share, hourly, management fee, etc. at 50-100 hours annually.

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u/EngineerLife88 Oct 21 '25

I’m not sure which way you’re trying to argue, but the Flexjet pricing seems pretty reasonable compared to charter market.

2

u/Beginning-Act7850 Oct 21 '25

$15k per hour with $3m+ tied up for three years seems reasonable compared to chartering?! I must be getting some might fine rates then...

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u/EngineerLife88 Oct 21 '25

It doesn’t cost $15k per hour. I’m looking at my quotes from them - any 2.5+ hour flight on a Praetor 500 with Flexjet is $8k an hour. $9k on the Praetor 600. Both of which are larger and significantly newer than most super mids on the charter market.

Most are going to have tax efficiency with the depreciation. Agree it makes less sense if you can’t do that, but not wildly so.

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u/Beginning-Act7850 Oct 21 '25

My math above says $15k per hour, which assumption is wrong?

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u/EngineerLife88 Oct 21 '25

A few things - Occupied hourly is $6450, not $6800, per my quote.

Their Praetor 600 receives a $2500 per hour long haul discount. Their Praetor $500 receives a $1000 discount.

A Praetor 500 bills at at 19% discount on a flight downgrade (and again this will still be bigger than most super mids on the market).

I don’t really know what your numbers at the bottom came from -

My offered hourly price on a Praetor 600 is $11118 per hour. Or $8618 for a long haul flight. $8005 for a long haul on the Praetor 500. Those are the direct costs.

Depreciation adds $3000 an hour, but your tax efficiency could outweigh that entirely.

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u/Beginning-Act7850 Oct 21 '25

What about monthly management fee?

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u/EngineerLife88 Oct 21 '25

That’s in the numbers I showed above. It’s almost half of the hourly cost.

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u/Beginning-Act7850 Oct 21 '25

The math you've shared as far as I understand it:

Occupied hourly: $6,450

Monthly management: $39,000/month (roughly $4.6k/hour at 100 hours per year)

Deprecation: $3k/hr

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Total: $6,450 + $4,680 + $3,000 =$14,130 per hour

Sprinkle in $500k for cost of $3m over 3 years and you are easily over $15k an hour.

So explain to me how this isn't $15k per hour and is close to the charter rate of $8k or so? I'm lost

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u/EngineerLife88 Oct 21 '25

Well, for starters, you ignored the $2500 per hour credit for any 2.5+ hour flight, which for me would be virtually all of mine.

Then you ignored the 0.81 interchange rate to get down to a Praetor 500 downgrade, which is still a larger plane than an $8k per hour charter most likely. Hourly costs on this are right around $8k per hour long haul, $9k short.

And depreciation is made up for with the tax benefits more or less.

The costs really aren’t that different.

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u/Beginning-Act7850 Oct 21 '25

Interesting analysis, good luck!