Private Jet Ownership: Costs, Rules, and Maintenance Explained

• Private jets are symbols of luxury, with costs ranging from 15 crore for light jets to over 300 crore for large ones, depending on capacity and features.
• Purchasing a private jet in India requires strict adherence to DGCA rules, including 'Security Clearance' from the Ministry of Home Affairs and compliance with RBI foreign currency regulations.
• Operational costs for a single trip are substantial, covering expensive fuel (50,000-1 lakh per hour), landing/parking fees, and ground handling charges (50,000-1 lakh).
• Maintenance is a major expense, involving salaries for pilots and cabin crew, high insurance premiums, and hangar rent (lakhs per month).
• Buying involves aircraft brokers or aviation management companies; chartering is a more affordable alternative, costing 1.5 lakh to 8 lakh rupees per hour.

Why It Matters: Owning a private jet is a significant investment with high purchase and maintenance costs, governed by strict regulations.