Do You Save Money Flying Yourself? (2024)

Whether you travel for business or pleasure, the cost of airline tickets can start to add up. Not to mention the stress and hassle of dealing with commercial flights. That begs the questions –is there a better way to travel that’s both reasonably affordable and comfortable? With a pilot certification, you can gain many of the financial benefits from flying yourself.

Here are a few reasons why you should consider skipping the airlines and fly yourself to your next destination.

How Much Does it Cost to Fly Yourself?

When you rent a plane, the costs vary widely from company to company. At Inflight, for example, we stick to a fair pricing structure –a rental Cessna 152, for example, starts at $125/hour retail with special pricing options for long-haul flights. Contact your local airport or fixed-base operator to find out more about airplane rental prices in your area.

Beyond plane rental price, determining how much it costs to fly yourself vs. on a commercial airline generally depends on several pieces of criteria:

  • Travel Distance

Whether you save money or not flying yourself will heavily depend on the trip length. Usually, short- and medium-length trips are more affordable in your own airplane, and day trips are almost always more affordable, particularly on short notice, when you fly yourself. Long-distance trips tend to get more expensive in private airplanes due to things like refueling, airport fees, and multi-day rental and accomodation costs.

  • Trip Length

Sometimes, you can get insanely good airline ticket deals if you are able to be flexible with the arrival/departure dates. Of course, you miss out on the opportunity to plan your own itinerary or the true freedom to arrive and leave when you wish when you fly through the airlines.

  • Number of Passengers

For a larger party, you’ll need a larger plane. This increases the rental costs, fuel requirements, hangar space, and so on. A small propeller plane normally holds two to four people total, while twin-engine jets can hold up to a dozen and more.

  • Purpose of Trip

Depending on what you’re traveling for, trip expenses may be reimbursed or written-off on taxes. For example, if you are flying via company jet or rental aircraft to a business meeting, your company will likely reimburse you for expenses incurred like fuel, oil and parking fees. In a similar fashion, if you own or rent a plane, many business expenses incurred while flying can be written off on your taxes, providing another way to save.

Other Financial Benefits of Flying Yourself

Of course, there are other financial benefits of flying yourself that you may not have considered.

  • Opportunity Costs

Flying yourself saves you a ton of time overall –and when it comes to traveling, from vacation to business and beyond, saving time can be worth extra costs. You don’t have to worry about getting to the airport early, hitting long security lines, waiting around at the gate, dealing with lost luggage, queuing up at the car rental counter. All those problems disappear when you’re the captain of your own ship, so to speak.

  • How Often You Fly

If you tend to fly frequently, like hundreds of flights per year, then investing in an airplane and flying yourself will save you money over the long term.

  • Free Up Vacation Itineraries

When you can arrive and depart on your own terms, you can spend more time relaxing on vacation. Rather than cram everything into the timeframe supplied by the airlines, stretch out and enjoy the freedom to live out your impulses by flying yourself to a vacation destination.

  • Gain Professional Advantages

There are a number of professional advantages to obtaining a pilot license, whether you’re a CEO, small business owner or working your way up the corporate ladder. Impressing clients, making those short-notice meetings and access to any remote corner of the country are just some of the many benefits of flying yourself for business.

Are you interested in obtaining your pilot license?

Whether for personal or professional reasons, flying yourself can save you a considerable amount of money. And, with a pilot license, you gain complete control of how you travel. At Inflight Pilot Training, our team of certified flight instructors is dedicated to helping you achieve your goals when it comes to learning how to fly. To learn more about our pilot training programs, contact us today at (952) 698-3000, or fill out a form on our contact page.

Related

Do You Save Money Flying Yourself? (2024)

FAQs

Do You Save Money Flying Yourself? ›

Usually, short- and medium-length trips are more affordable in your own airplane, and day trips are almost always more affordable, particularly on short notice, when you fly yourself.

How much does it cost to fly myself? ›

How Much Does it Cost to Fly Yourself? When you rent a plane, the costs vary widely from company to company. At Inflight, for example, we stick to a fair pricing structure – a rental Cessna 152, for example, starts at $125/hour retail with special pricing options for long-haul flights.

Is it worth having your own plane? ›

In conclusion, owning a private plane can bring many benefits, including convenience, privacy, cost savings, increased efficiency, and flexibility. While it may not be a feasible option for everyone, those who can afford it may find that the advantages of owning a private plane are well worth the investment.

Is flying an affordable hobby? ›

Flying is a rare hobby and compared to football or hiking, it will not come cheap. Regardless, it must be understood that there are ways to make flying more accessible so that more people can enjoy it.

At what point is flying cheaper than driving? ›

For the shortest trip, driving is slightly more economical than flying. But for the longer cross-country trip, flying is far cheaper.

Can you just fly your own plane? ›

As long as you follow flight requirements, produce the right documents and follow local customs regulations, you can fly anywhere you desire. This opens new travel opportunities that you may not find through any other form of transportation.

How long can you be to fly alone? ›

Most U.S. airlines will permit children who have reached their fifth birthday to travel unaccompanied. Kids ages 5 through 11 who are flying alone must usually travel pursuant to special “unaccompanied minor” procedures. On some airlines, these procedures are required for unaccompanied children as old as 14.

Is flying a safe hobby? ›

How safe a flight is highly dependent on how prepared a pilot is. The risks involved with flying can be greatly reduced if the pilot is careful. It is true that most of the accidents that occur while flying are due to human error on part of the pilot.

What are the disadvantages of owning a plane? ›

Owning an Aircraft is Expensive

And then there's the cost of maintenance, inspections, storage, and fuel. Depending on the type of plane that you own, ownership can cost up to tens of thousands per year when you factor in everything that we've mentioned.

How much should you be worth to fly private? ›

To be able to afford flying privately, your annual household income will likely need to be no less than seven figures. The minimum net worth of private flyers is usually around $25 million.

Is it cheaper to fly yourself or fly commercial? ›

Whilst it's true that flying private is generally more expensive than your typical commercial airline ticket, it is possible to find some amazing deals and in some cases, flying on a private jet can work out at the same price or even cheaper than flying on a commercial airline!

Is it normal to not like flying? ›

There's something about soaring 35,000 feet above the earth's surface in a 350,000-pound tube that can evoke fear in the best of us — especially if you're not familiar with flight mechanics or aerodynamics. Having a fear of flying is completely normal and more common than you might think.

Is flying a stressful job? ›

Being a pilot can be stressful at times. It requires immense concentration, quick decision-making, and a lot of patience. A pilot is responsible for the well-being of all crew members and passengers on board, and they sometimes have to fly under unpredictable conditions.

Is it cheaper to fly at night or day? ›

Mid-morning and early evening flights are often more expensive – though this trend isn't quite as set in stone as the cheapest days to fly. If you're looking to save, early morning, midday, or late-night flights can often be the cheapest time to fly.

Is it cheaper to fly or drive 6 hours? ›

drive: The cost factor. For shorter trips, driving will usually be cheaper, unless you have rewards miles or you get an awesome deal on your plane ticket.

Why are 1 stop flights more expensive? ›

Why is this happening? It all goes back to supply and demand. Most travelers want to take the nonstop flight as it means getting there quicker and with less chance of disruption. That demand ultimately pushes prices higher.

How much does it cost to fly private per person? ›

To find out the cost of a seat, you need to find the hourly rate of the aircraft, the total flight time and how many seats are on board. For instance, a six-seat jet that's $5,000 an hour — or $15,000 for a three-hour flight — would cost each seat about $2,500.

Is it more expensive to fly private? ›

It can be more affordable to fly privately if the cost is shared among all the passengers. When you book a private jet charter, you're renting the entire aircraft. Bringing other paying passengers with you can reduce the cost.

Is it cheaper to fly private or public? ›

In some cases, with larger groups chartering smaller private jets, it can be more cost effective in the long run. However, there are situations where it will almost always be far more cost effective to make the first class choice over flying private, and that is when flying overseas on longer, intercontinental flights.

How much does it cost to be a hobby pilot? ›

How Much Does It Cost to Become a Pilot?
Pilot CertificateCost
Recreational Pilot$10,300
Private Pilot$15,000 – $20,000
Commercial Pilot$55,000 – $100,000
Flight Instructor$5,000
4 more rows
Feb 26, 2023

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