
Business AviationAug 13, 1:00 PM
Owning a Bombardier Challenger 300 Beats Chartering Beyond 300 Flight Hours Annually
200 hours of flight time is the most commonly cited figure for when it makes more sense to purchase a private jet than charter one. However, the exact number of flight hours depends heavily on the cost of charter and the aircraft in question. To take the Bombardier Challenger 300 as an example, charter rates are usually between $5,950 (low-end quote) and $9,525 (billable average) per hour, according to the Air Charter Journal . The latter is the figure that this article will use.

