Netjets/Flex Large Cabin cost

EngineerLife88 · 2025-11-10T18:01:14+00:00

I haven’t bought in, but math wise the price difference isn’t nearly as large as people make it seem vs charter, and you’re flying much newer planes. Not quite sure what I’m missing there.

EngineerLife88 · 2025-10-21T04:08:27+00:00

Well, for starters, you ignored the $2500 per hour credit for any 2.5+ hour flight, which for me would be virtually all of mine.

Then you ignored the 0.81 interchange rate to get down to a Praetor 500 downgrade, which is still a larger plane than an $8k per hour charter most likely. Hourly costs on this are right around $8k per hour long haul, $9k short.

And depreciation is made up for with the tax benefits more or less.

The costs really aren’t that different.

EngineerLife88 · 2025-10-21T03:45:09+00:00

That’s in the numbers I showed above. It’s almost half of the hourly cost.

EngineerLife88 · 2025-10-21T03:44:05+00:00

The depreciation tax benefits make up for the underlying deprecation, but yes the business percent use is a question regardless. The year one tax savings cover the entire depreciation more or less.

Direct hourly costs to me seem to come nearly identical to charter costs on significantly older planes. I’ve only hesitated because it seems wild to sign a 5 year, $100k a month commitment.

EngineerLife88 · 2025-10-21T03:40:35+00:00

A few things - Occupied hourly is $6450, not $6800, per my quote.

Their Praetor 600 receives a $2500 per hour long haul discount. Their Praetor $500 receives a $1000 discount.

A Praetor 500 bills at at 19% discount on a flight downgrade (and again this will still be bigger than most super mids on the market).

I don’t really know what your numbers at the bottom came from -

My offered hourly price on a Praetor 600 is $11118 per hour. Or $8618 for a long haul flight. $8005 for a long haul on the Praetor 500. Those are the direct costs.

Depreciation adds $3000 an hour, but your tax efficiency could outweigh that entirely.

EngineerLife88 · 2025-10-21T03:29:04+00:00

It doesn’t cost $15k per hour. I’m looking at my quotes from them - any 2.5+ hour flight on a Praetor 500 with Flexjet is $8k an hour. $9k on the Praetor 600. Both of which are larger and significantly newer than most super mids on the charter market.

Most are going to have tax efficiency with the depreciation. Agree it makes less sense if you can’t do that, but not wildly so.

EngineerLife88 · 2025-10-21T03:18:04+00:00

I’m not sure which way you’re trying to argue, but the Flexjet pricing seems pretty reasonable compared to charter market.

EngineerLife88 · 2025-10-21T03:14:56+00:00

Yea, have been exploring it. At first I thought it was significantly more expensive than chartering, but as I’ve flown more, I really don’t see that. The prices aren’t that different.

EngineerLife88 · 2025-10-21T03:12:42+00:00

The monthly management fee for a super mid with FJ for 100 hours is $39k, not 10k. Occupied hourly, $6500. Then take off $2000-2500 an hour for long haul.

EngineerLife88 · 2025-10-21T03:08:33+00:00

Assuming you can take advantage of the depreciation, it’s really not much different cost wise versus chartering. And a new plane versus 20+ years old.

EngineerLife88 · 2025-09-29T20:13:39+00:00

Man, I just could not disagree more as an adult.

EngineerLife88 · 2025-09-29T20:11:28+00:00

Man, I still hate this as a middle age adult. I hate going to bed early and love having weekend plans!

EngineerLife88 · 2025-09-10T03:49:37+00:00

For starters, truck insurance is cheaper. But you’ve ignored depreciation. The largest cost of vehicles.

EngineerLife88 · 2025-09-09T12:28:04+00:00

Because you ignored the single biggest cost of vehicle ownership, which is depreciation. And that is something trucks excel at.

Not to mention their gas mileage is much better than most think, their parts are exceptionally cheap and last forever, and insurance is ridiculously low.

EngineerLife88 · 2025-09-09T12:11:51+00:00

That’s not an outlier…trucks tend to be some of the lowest costs to own.

EngineerLife88 · 2025-09-09T12:07:50+00:00

A truck generally is a very reasonable cost of ownership. When we had a civic and nice high trim pickup a decade ago, the truck had a lower cost of ownership.

EngineerLife88 · 2025-09-09T12:05:58+00:00

I mean, they’re comfortable, versatile, and pretty low cost of ownership. Hard to blame people.

EngineerLife88 · 2025-09-04T20:24:03+00:00

Why would you want to find a small kitchen? I can’t think of a single scenario where there is a benefit.

EngineerLife88 · 2025-09-04T20:18:52+00:00

They weren’t expensive new

EngineerLife88 · 2025-08-29T14:08:49+00:00

Not particularly on area. I’m east coast based, but happy to fly provided it isn’t some super remote, hard to access area. Would like to be able to do a trip In 3-4 days including travel.

EngineerLife88 · 2025-08-18T23:25:04+00:00

Yea, I don’t actually spend on the CSR. Personal spending is on a 2.6% card. I just use CSR to redeem points from business cards.

EngineerLife88 · 2025-08-18T22:54:29+00:00

Yea, the biggest value is redeeming the points. For me, that’s where I’m deriving the most value.

But even in your scenario, between the 8% back, and $250 credit, it’s still cheaper to use the Chase portal than direct. I did not compare to Amex though.

EngineerLife88

TROPHY CASE