WHAT IS A VERY LIGHT JET?
Very Light Jets, also known as microjets, use fuel-efficient, low-thrust, low-noise turbofan jet engines to achieve near-small-business-jet performance at a fraction of those aircrafts’ acquisition and operating costs. VLJs currently going through the FAA certification process have a cruising speed of 325-375 mph, maximum altitudes close to 40,000 feet, and can take off and land on runways as short as 3000 feet. Most models are expected to be priced between one- and two-million dollars and operating costs are estimated at between $1 and $1.50 per mile .