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How much does it cost to own a private jet?

Abstract: A private jet refers to a privately owned aircraft. The aircraft is mostly used to provide convenience for personal or commercial travel by individuals and their accompanying persons. It is also a reflection of the identity of the aircraft owner. So how much does it cost to own a private jet? How to buy and lease a private jet? It is not easy to own a private jet for a long time. Downtime fees, technical support, crew wages, various taxes and fees, mechanical maintenance, take-off and landing fees, fuel fees, etc. are huge expenses. The subsequent maintenance costs are often higher than The cost of purchasing the aircraft. How much does it cost to own a private jet?

The cost of purchasing a private jet includes: the cost of taking a driver's license, purchasing the aircraft, and daily use and maintenance.

The current domestic helicopter flight license test fee is generally 180,000 yuan, with an hourly tuition of 3,000 yuan, and a total of 60 hours.

The cost of using a private jet: the fuel cost of a delta-wing glider for one hour of flight is about 300 yuan; the fuel cost of a Hummingbird helicopter for one hour of flight is about 800 yuan; maintenance is performed every 200 hours of flight and overhaul is required every 10 years once.

Currently, the internationally popular business jets with more than a dozen seats are priced at RMB 20 million to RMB 30 million per aircraft. Such large-scale business aircraft need to be parked at a professional airport and handed over to the airport company for custody. The custody and maintenance fees alone will cost 1 million yuan per year.

Private jets are getting closer and closer to ordinary people

On November 14, 2011, the "Opinions of the Central Military Commission of the State Council on Deepening the Reform of my country's Low-altitude Airspace Management" (hereinafter referred to as the "Opinions" ) has made a major "relaxation" of low-altitude flight. This year, my country's low-altitude airspace management reform has been rolled out across the country, general aviation approval procedures have been simplified, and flying has become closer to the people. On May 15, Henan's first private jet 5S store opened in Zhengzhou, and two small helicopters were bought that day.

How much does it cost to “own” a private jet? "When it comes to owning an airplane, many people first think of private jets and business jets. In fact, aviation sports such as paragliding are closer to people's lives than private jets." Liu Yi said that in fact, the cost of raising such aircraft is not Not as expensive as we thought. "Different aircraft have different costs. Paramotors and paragliders are not expensive in themselves, and they are easy to store. You can put them in a garage. Their maintenance costs are even lower, only a few thousand yuan per year."

According to calculations by a private jet owner who wishes to remain anonymous: In order for a private jet to fly into the sky, it must first submit an application to the Air Traffic Control Bureau, stating the flight time, take-off and landing locations, etc. During the flight, the air traffic control department also provides relevant information such as weather conditions, which is paid. "In addition, do you need to store your aircraft? Generally speaking, the aircraft is not small, and ordinary garages are definitely not suitable. If you don't have a suitable place to store it, you need to store the aircraft or park it at the airport. But this It involves downtime fees, storage fees, maintenance fees, fuel costs, lubricant costs, etc. "

"Small aircraft fuel, transportation, normal maintenance, 2-seat ultra-small fixed-wing aircraft, at least one year. It costs several thousand yuan. But the annual cost of a small aircraft like the LSA162 is expected to be about 20,000 to 30,000 yuan. Of course, it is normal for larger aircraft to cost about 1 million yuan." Liu Yi told reporters. Due to the different frequency of use of the aircraft, the fees are also different. "Currently, airplanes can use No. 97 gasoline from cars, but the lubricating oil is quite special, and special aviation oil must be used, so the price will be higher."

The most important thing is, of course, a pilot's license question. There are two types of pilot's license: private license and commercial license. The so-called private license is for citizens’ own use, while pilots with commercial licenses can provide commercial operations and flights for others or companies. Obtaining a private license is a prerequisite for obtaining a commercial license. According to relevant regulations, privately licensed pilots must train for at least 40 hours, including 10 hours of solo flying. To obtain a business license, 110 hours of practical training are required.

How much does it cost to learn to fly a plane? 50,000 for small planes and 200,000 for large planes

As my country's private jets begin to warm up, the private license training market is also quietly starting. The reporter learned that currently domestic private aircraft training schools and aviation clubs are in Sichuan , Henan, Guangdong, Shanghai, Beijing, Zhejiang and other places have appeared one after another, and there are currently dozens of them distributed across the country.

Forecasts from the American Boeing Company show that with the development of China’s general aviation, China will need more than 73,000 pilots in the next 20 years. So, how much does it cost to obtain a pilot's license in our country?

Liu Yi said that the tuition for aircraft such as paragliders and delta wings is very cheap, while learning to learn small or larger aircraft takes a long time and the price is relatively high.

The reporter learned from the interview that obtaining a private pilot's license requires 6 to 8 months of primary training. "The airplane license test is the same as the car driver's license, which is divided into A license, B license, and C license. It is divided into three categories: private pilot license, commercial pilot license and airline transport driver license. Among them, private pilot license holders can only If you are not flying for profit, you can only apply for a commercial license and an airline transport license and become a professional pilot after you have a private license. In addition, you need to pass two stages to apply for a private pilot license: learning flight theory and flight operation techniques, and passing the private pilot license. Ke Yubao, deputy secretary-general of the China Aircraft Owners and Pilots Association, said that generally speaking, a small aircraft driver's license costs about 50,000 to 60,000 yuan, while those with more complicated requirements cost about 50,000 yuan. It takes about 200,000. The private driver's license is reviewed every two years, but an annual physical review is required every year. Unlike a car driver's license, a pilot's license can only be used for the same type of aircraft. The "airworthiness certificate", which is equivalent to the aircraft's license, also needs to be inspected once a year.

If you can successfully fly, the monthly salary will generally not be less than 10,000, so although this training is expensive, it is very attractive.

Private licenses are reviewed every two years, and pilots must undergo a physical examination every year. The pilot's license is very specific and is limited to one type of aircraft. The "airworthiness certificate", which is equivalent to the aircraft's license, also needs to be inspected once a year.

-200,000 yuan to get a pilot's license, 500,000 yuan to become a member and get 100 flight hours, 1 million US dollars to buy your own private jet

-The cheapest helicopter costs four or five dollars One million yuan, the most expensive ones can reach 40 to 50 million yuan

-There are estimated to be no more than 200 private jets in China, 15 of which belong to the wealthy people in the Pearl River Delta

-China's private business jets There are more than 60 aircraft in existence, which is one-fifth of the number owned by the United States

-China now has 1,900 billionaires and 140 billionaires, and one-sixth of them plan to buy one. Private jet

The cost of studying for a private license is usually between 100,000 and 200,000 yuan. Because different aviation schools use different aircraft, the prices vary greatly. Take Beijing Pan American International Aviation School as an example. It uses the world's most advanced Austrian Diamond Series DA40 single-engine instrument aircraft as a trainer aircraft. The cost of learning a private license is about 200,000 yuan.

Other expenses: The first is aircraft tax: the import tax rate is still as high as 21. A 100 million private jet will cost more than 20 million in tax alone. Subsequent crew expenses, custody fees, operating fees, The annual cost is about 10% of the value of the helicopter, and because domestic general aviation airports are very limited, parking costs, as well as aircraft takeoff and landing costs are also high.

Someone has done some calculations for private flights: getting a pilot's license costs 160,000 yuan; joining a flying club costs 300,000 yuan to fly 100 hours; not counting fuel consumption, the annual maintenance fee is the price of the aircraft. 5; after flying for 200 hours, it needs to be overhauled once, costing about 1 million yuan. To play private jet, one must have assets worth hundreds of millions of yuan and an annual income of at least 30 million yuan.

Three conditions for private jets to take to the sky: At present, before private jets in our country can take to the sky, they must meet three conditions at the same time: First, the aircraft airworthiness license issued by the Civil Aviation Administration.

Secondly, pilots must undergo strict training and obtain a flight license issued by relevant departments. Third, you must apply for flight airspace and flight plan to the air traffic control department. Once approved, flight activities can be implemented.

The opening of airspace for private jets in my country: At present, my country plans to open airspace below 1,000 meters. The open airspace will mainly allow light fixed-wing aircraft and some small aircraft such as helicopters to fly. After the opening of low-altitude airspace, aircraft must submit routes to the competent authorities for approval before flying. The competent authorities will set a safe flight route for the aircraft, and it can only fly after all approvals have been completed.

Current status of my country's private jet market: According to data provided by Firestone: From November 2009 to February 2011, there were ***28 private jets registered in China, with a total selling price of more than 11 billion dollars. As of the end of April, there were 126 registered private jets in China, including Hong Kong and Macau.

How to buy and lease a private jet?

Leasing an aircraft gives you the same availability as buying an aircraft, but your initial financial investment is much smaller. There are two types of aircraft leasing, one is operating leasing and the other is financial leasing. An operating lease involves leasing an aircraft for a period of time and returning the aircraft to the leasing company when the contract expires. Finance leasing gives you the option to purchase the aircraft permanently at the end of the lease contract period. This is a bit like buying a house in installments. The cumulative financial investment you make in leasing an aircraft plus the final aircraft purchase fee is approximately equivalent to buying the aircraft in one lump sum at the beginning.

In addition, low-altitude flight tours, represented by helicopter sightseeing, are an emerging tourism project and are high-end tourism products. Business charter flights, aerial photography, etc. provide "private customization" services.

How to rent a plane

If your demand for private jets exceeds 300 hours per year, there is no doubt that leasing a plane is the most cost-effective option. If you make frequent short-haul flights, or make multiple stops during your journey, your stopovers and final destinations can be more flexible, giving you the convenience of a private jet, but they also save you the cost of hiring a crew The direct cost of personnel, and minus the considerable operating costs of the aircraft for you.

1. The service fee is 100,000 yuan (including declared routes, flight operations, aircraft maintenance, and check-in points). This fee is very critical. If the procedures are not completed properly, it will be a black flight, and you can be held legally responsible. You may also be directly shot down as a UFO or an intruder aircraft. It is troublesome for individuals to declare routes, so they are generally entrusted to the general aviation company that rents the aircraft. Once the procedures are completed, the maintenance personnel will also be provided by the general aviation company, providing one-stop comprehensive services.

2. Rent. After completing the procedures, you can choose the model you like. The current quotations of the more mainstream models are approximately as follows:

Schwarzer 300C (2 seats) rental fee is approximately 8,000- 10000 per hour.

The rental cost of Robinson R44 (4 seats) is about 15,000 per hour. R44 is a relatively common and commonly used model at present.

The rental cost of Eurocopter EC120 (5 seats) is about 35,000 per hour.

The rental cost of Eurocopter EC135 (8 seats) is approximately 65,000 per hour.

3. Rental rules: Generally speaking, the minimum rental time for aircraft rental is three hours, and five hours is the standard rental time.

China currently does not have a separate preferential tax policy for leasing, and there is currently no tax on leasing.

Private jet purchase process

Step one: Determine the purpose of purchasing the aircraft

The purpose determines the purchase direction and financial budget, and the types of aircraft purchased are also different. For recreational flying, you can buy small propeller planes or other aircraft, which are relatively low-cost; for short-distance business flights and general aviation operations, you can buy small planes and helicopters, which are more expensive to use; for medium- and long-distance business flights, you can buy higher-level business jets. Modern business jets have become real offices in the sky with the help of advanced electronic equipment and luxurious decoration.

Step 2: Select the aircraft manufacturer and model

Select the aircraft manufacturer and target aircraft model based on the purpose and budget, select several aircraft models, and conduct necessary comparative analysis , determine the optimal selection sequence, and conduct inquiry negotiations.

In the case of insufficient experience in purchasing and using aircraft, it is recommended that domestic customers purchase aircraft from world-renowned manufacturers. These manufacturers have better quality and complete after-sales service systems, which can better solve the worries of using aircraft.

Step 3: Conduct business negotiations with agents and manufacturers

After the model is clear, you can conduct business negotiations with agents or manufacturers to determine the basic price, optional configurations, Spare aviation materials, delivery time, after-sales service and other details.

Step 4: Sign the aircraft purchase contract, import and export agency agreement and pay the deposit

On the premise of mutual benefit and mutual satisfaction, after determining the import agent, the buyer and the seller and The agent signs a three-party purchase contract, and the buyer pays a deposit for the purchase.

The seller's quotation is generally the ex-factory price, including the price of the basic model and the price of optional configurations. Customers should also consider the following import fees: VAT, customs tax, import agency fee, transportation fee, Insurance premiums etc. The import agent will assist customers with various procedures such as foreign exchange adjustment, payment, and aircraft import.

Step 5: Find an aircraft hosting company to sign an aircraft hosting agreement

The hosting company can be responsible for applying for import approval, daily maintenance, repair and scheduling management of imported aircraft. Complete service bulletins and airworthiness directives, as well as route application, flight management and other tasks, this is a better choice for inexperienced buyers.

Step 6: Submit aircraft purchase application to the Civil Aviation Administration of China

The customer fills out the corresponding application form, attaches a copy of the aircraft purchase contract, submits the aircraft purchase application to the Civil Aviation Administration of China, and imports The approval document can be applied for by the aircraft management company, and some import agencies also provide this service.

Required documents: application letter (introduction to the purchaser), copy of the purchase contract, copy of the escrow agreement.

Step 7: The customer sends personnel to participate in pilot conversion training and maintenance personnel training

Aircraft manufacturers generally provide customers with pilot conversion training and maintenance personnel training. Aircraft are different from cars, and pilots and maintenance personnel of each type of aircraft should undergo specialized training.

The mechanics and pilots who participated in the training can participate in the subsequent aircraft reception work. The specific time of the training is subject to the actual arrangement of the factory.

Step 8: Acceptance Flight and Reception

After the aircraft is manufactured, the customer will conduct acceptance flight and reception at the factory. This work can be completed by newly trained flight and maintenance personnel who should have relevant experience and knowledge. At the same time as acceptance, the customer should notify the import agent to make preparations for import customs.

Step 9: Apply for the aircraft registration number from the Civil Aviation Administration of China.

Step 10: Aircraft transportation

To transport or fly the aircraft back to China, the freight and insurance are borne by the customer, and a professional company is usually entrusted to handle it.

Step 11: Customs procedures

Customers pay various customs duties through the import and export agency to complete customs clearance procedures.

Step 12: Aircraft reassembly and test flight (if necessary)

After customs clearance, if necessary, the aircraft is shipped to the assembly site for assembly and test flight.

Step 13: Obtain the international registration certificate, airworthiness certificate, and radio station license

After the aircraft purchased by the customer arrives in China, the manufacturer cancels the nationality registration at the place of origin. Customers apply to the National Civil Aviation Administration for aircraft nationality registration certificate, airworthiness certificate and radio station license. This work can also be left to an escrow company.

Step 14: Warranty, aviation material supply and after-sales service

Based on the number of years and hours of flight, the aircraft has a certain maintenance period and after-sales service.