Understanding NetJets Cost Per Hour: A Comprehensive Study NetJets has established itself as a leader in the private aviation industry, offering fractional ownership and rental of private jets. For many businesses and individuals looking to utilize private aviation, understanding the cost structure, particularly the cost per hour, is crucial for budgeting and decision-making. This report delves into the factors influencing NetJets' cost per hour, the pricing structure, and how it compares to other private aviation services. Overview of NetJets NetJets, a subsidiary of Berkshire Hathaway, was founded in 1964 and has since revolutionized the private aviation sector by introducing fractional jet ownership. The company allows clients to purchase a share in an aircraft, enabling them to access a fleet of jets without the full costs associated with ownership. This model has made private aviation more accessible to a broader audience, including corporations and high-net-worth individuals. Cost Structure The cost per hour for NetJets services varies significantly based on several factors, including the type of aircraft, the specific route, and additional services required. The primary components of the cost structure include: Hourly Rate: This is the most straightforward component and varies by aircraft type. Larger jets, such as the Bombardier Global 7500 or the Gulfstream G650, typically have higher hourly rates compared to smaller jets like the Citation XLS or the Phenom 300. Fuel Surcharge: Given the volatility of fuel prices, NetJets may implement a fuel surcharge that fluctuates based on current fuel costs. This surcharge is added to the hourly rate and can significantly impact the total cost. Landing and Handling Fees: Airports charge fees for landing and handling services, which can vary widely depending on the airport's size and location.