The cost of a new aircraft continues to rise with increased costs of labor along with the increased expense in components and raw materials. Commercial passengers often complain about the price of tickets to their travel destination, but those who are fortunate enough to charter a plane or buy one for the first time, are paying even more to avoid the dreaded security line.
Airplane prices vary based on several factors, including size, passenger capacity, equipment, in-flight entertainment, amenities, and interior. You’ll also need to factor in the cost of a crew for your aircraft as well as a hangar to store it amongst many other fixed and direct operating expenses.
10 Aircraft Prices and Features
If you’re in the market for a private airplane, check out the airplane prices for these brands below:
1. Airbus A340-300
The A340 Airbus can hold 295 passengers and fly more than 7,400 nautical miles in a single trip. Airline carrier Lufthansa is the largest buyer if the A340-300 with a fleet of 30 planes.
- Price: $600 million
- The maximum speed of 568 miles/hour
- Over 100 A340-300s in use
2. Airbus A380 Super Jumbo Jet
The airplane cost is vast, but it does come with some exciting amenities. It can accommodate over 500 passengers and has been designed to include some luxury features from the world’s royalty, including a garage for cars and even a horse stable!
- Price: $500 million
- Double-deck and wide-bodied
- Largest aircraft in the world
3. Boeing 747
In addition to commercial airlines, the Boeing 747 is a famous made-to-order plane for the elite. This aircraft has been customized to feature luxury bathrooms, a full living room with a widescreen television, and master bedrooms with all the bells-and-whistles.
- Price: $153 million
- 645 miles/hour
- Can travel 9,200 miles on one tank
4. BD 700 Global Express
BD 700 Global Express airplane is designed for long business flights. It was first created in 1999 and well-fitted for the wealthy and large corporations. It has 13 cabin windows and has a range of 6,700 nautical miles during flight. Current models include the Global 5000, 600, 7500 and 8000
- Price: $7M up to 69+M
- Low swept wings and swept T-tail
- Twin-engine aircraft
5. Gulfstream IV
An airplane created and designed by Gulfstream Aerospace; this aircraft is popular with executive charter corporations as well as private individuals. This plane has set records for its flight power. Back in 1987, a Gulfstream IV set flight record in flying west around the world in 45 hours and 25 minutes.
- Price: $2-6M for a nice preowned GIV or IVSP
- Powered by 2 Rolls-Royce TAY engines
6. Boeing Business Jet
Flying private? You’ll enjoy the aesthetics and interiors of the Boeing Business Jet. This aircraft comes equipped with conference rooms, private bathrooms for its passengers, and even a kitchen!
- Price: $19-85 million
- A VIP version of the popular airliner
7. Gulfstream G650ER
This is the brand’s flagship airplane. The Gulfstream G650ER is a streamlined, long-range plane with the most opulent of amenities. This machine can sit up to 19 passengers and sleep up to 10.
- Price: $71.5 million
- Can fly over 7,500 nautical miles
- A maximum cruising altitude of 51,000 feet
8. Embraer Legacy 650
The Embraer Legacy 650 is a mid-size business jet that can transport up to eight passengers. Transatlantic flights are no problem in the Embraer Legacy 650. There’s a full kitchen and roomy enough to incorporate three flight crew members.
- Price: $30 million
- Aircraft is powered by two Rolls Royce engines AE3007A2
- Maximum speed is 528 miles/hour
9. Cirrus Vision Jet SF50
The Cirrus SF50 is a light business jet, an ideal plane for executives looking to pilot themselves.
- Price: $2M
- Can accommodate up to six passengers
10. Phenom 300
When you fly in the Phenom 300, you’re on board one of the most popular planes in its class. The jet is peperfect forxecutives and business people to travel on.
- Price: $5-8M million
- Fly up to 8 passengers
Considering the Cost of an Airplane
The cost of an airplane largely depends on what features are the most important to you. If you’re chartering your plane out for clients, you might be looking for an aircraft with luxury features and a small, yet personable crew.
An aircraft for personal travel use might include bedrooms with exceptional interiors and a living room space for socializing and relaxation. Airplane prices vary greatly – you just have to know which price is the right one for you.
If you liked this article and need a plane evaluation, contact us to discover how to appraise new and used aircraft!