How much does it cost to maintain a private plane? ?

One of the wisest decisions anybody who loves traveling through the air can make is to own a private jet, especially when you consider the huge benefits that come with it. At least, you will no longer have to bother about the possibility of having delayed flights, and the unnecessary long queues while boarding the plane. However, the knowledge of how much you are going to spend on your private jet maintenance will scare you from owning one.

On average, private jets cost millions of dollars, the most expensive one costs between $70- $90 million. So, let's discuss how much you are most likely to spend for its maintenance. Depending on the capacity and the nature of the aircraft, maintaining a private plane will cost you a whooping of $3 million per year. A larger percentage of this money will go for fuel, while the remaining is what you would spend on repairs

The cost of maintaining a private plane really depends on the type of plane, the amount of amenities inside the plane, and how often it is flown. If a plane is flown often it needs more fuel, more replacement parts, and maintenance checks. Just like automobiles, more expensive planes require more expensive parts. Flying in harsh weather can also impact how often parts need to be replaced or fixed.

Also, similar to automobiles, planes with modern amenities can be more expensive to fix than older models. If you want to buy a private plane, plan to budget for regular maintenance no matter what model you purchase.