Oh, the lifestyle of the rich and famous! The ability to hop aboard private jets and wing your way anywhere in the world is a dream of any traveler that has to fly coach on a commercial airline. It is no wonder that people dream of having a fleet of private jets at their disposal with today's cramped spaces on airlines and service that has fallen to the wayside.

But not everyone can have that dream but it never hurts to wish, especially when you are boarding an overbooked flight from Milwaukee to Seattle. Private jets are the luxury yachts of the sky.

In this article we will cover the basics of private jets and what makes them so special. Maybe with some luck and determination you can have your own experience flying in a private jet to some exotic destination.

Why are private jets used?

Private jets are used in the same ways that commercial airlines and other planes are used. They are used to go somewhere. It may be jetting off to fabulous Las Vegas or it may be a trip to another country. The choice is entirely up to the person who owns or charters the private jet.

Private jets are a great luxury to have. You do not have to worry about being squashed into a commercial airliner with other passengers and you can get where you need to go much quicker since you will not have the long delays associated with layovers. During election years candidates
use private jets quite a lot to get their message out to the public by stopping in many major cities to campaign. It does not matter if you are a incredibly rich, famous or powerful...private jets are definitely the way to travel.

Who makes private jets?

There are a wide number of manufacturers for private jets. Probably the three most famous is Boeing, Lear and Cessna. These three companies have been in the aircraft business for many years and continuously produce new and exciting aircraft to suit a wide range of needs from a small
four seat plane to a large commercial size airplane.

How much does renting a private jet cost?

Private jets are not inexpensive. The average cost for one hour can range from $1500 on upwards of $5000. Just wait and control your breathing! Sometimes this cost is well justified. If you need to get
home quickly due to a family emergency and you live across the country it may be just a few hours away on a private jet versus hours and hours on a commercial airline.

You should also factor in the luxuries that are associated with private jets such as quality cuisine, personal attendance and the best beverages. You can reach your destination in style and comfort and may not even have to worry about renting a car or a hotel as some private jet airlines take care of that for you.

What are some costs associated with owning a private jet?

Owning a private jet is pretty expensive. You have the initial purchase which ranges in the millions then you have upkeep, fuel, staff and numerous compliances that must be met. Jet fuel alone can keep many people grounded. Yes, owning a private jet is a dream come true but the reality is that most people cannot afford the overall upkeep and maintenance associated with owning a private jet.

There is a way to get around paying for the expenses on your salary alone. You can join in with other investors who will each pay a monthly amount for the maintenance, upkeep and staff costs.