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Owning a private jet is a cost that only large companies can afford. Smaller businesses, however, are starting to share private jets with other executives, making the large cost of an airline more affordable. Why have an expensive airplane sitting idle in a hangar when someone else could be paying to use it? For businesses that cannot afford a yearly cost for air travel, sharing flights on chartered private jets is another option. An 8-10 passenger jet operates for $3,700 per hour, making it comparable on cost to commercial flights to most of the United States. Sharing a jet with other executives going to an industry conference, for example, could actually save money on transportation costs.

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