The cost to fly private is up as much as 20% with fuel prices soaring Share Share [CNBC]
Boeing Company (The) (BA)
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Source: CNBC
While private jet passengers typically have deep pockets, some are opting for smaller aircraft, and brokers are hedging fuel costs in order to save money. Charter broker Ameerh Naran of Vimana Private Jets advised travelers to book early as he expects charter prices won't come down anytime soon. A Gulfstream G-IV private jet on approach to Washington's Reagan National Airport in Arlington, Virginia, June 12, 2024. As the Iran war pushes jet fuel prices higher , well-heeled travelers are facing hefty surcharges to fly private, sometimes on flights booked months prior, charter brokers and aviation insiders told CNBC. Vimana Private Jets CEO Ameerh Naran said the firm recently booked a $520,000 flight from Dubai to London on a Boeing business jet for a client. That same trip cost the client $400,000 in 2023. The difference was entirely due to jet fuel prices — which now average about $4.65 a gallon globally — Naran said. It's yet another ripple in the recent disruptions to air
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News
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BA
Earnings
- 1/27/26 - Beat
BA
Sec Filings
- 4/3/26 - Form 4
- 4/3/26 - Form 4
- 4/3/26 - Form 4
- BA's page on the SEC website