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Then isn't it a proof that the economic theory doesn't work in practice? We're talking two economy seats paying the price to charter the whole jet: https://www.privatefly.com/us/private-jets/large-airliner-hi...

The charter cost from PrivateFly looks like it includes allowances for empty-return flights etc.

The actual block hour cost for a 737-800 is a third that rate. eg. $3500/Hr.

For a small group, something like a CJ3 is more typical.

$2676/Hr on PrivateFly

Here is the block hour cost for a variety of small airliners.

737-800 is $3500/Hr depending on the operator. $6785 per economy seat for a 2 Hour flight is outrageous.