Did you know…
Why do private jets fly higher?
Short answer
Business jets are certified for higher ceilings than most airliners, typically 13,700 to 15,500 m (45,000-51,000 ft), because their light wing loading and stronger pressurised fuselages allow it. Up there the air is thinner, drag is lower, weather is below them and the busiest traffic flows are out of the way.

Thin air, cheaper miles
Drag on an aircraft falls with air density, so for a given true airspeed a jet burns less fuel higher up. The limit is that thin air also reduces engine thrust and the lift the wing produces, so an aircraft can only climb until the speed at which it stalls and the speed at which it meets compressibility problems converge. Business jets reach that point later than airliners because they are comparatively light for their wing area, particularly after a few hours of fuel burn.
Cabin structure matters just as much. A larger difference between cabin and outside pressure means higher hoop stress on the fuselage and more fatigue cycles, so aircraft designed for 15,500 m (51,000 ft) carry a heavier pressure vessel than one designed for 12,500 m. That penalty is easier to accept on a 15-tonne payload aircraft than on an airliner built around seat-mile cost.
Out of the weather, out of the queue
Above roughly 12,000 m most convective weather is below the aircraft, so flights are smoother and rarely need deviations. There is an operational benefit too: airline traffic concentrates in a band between about 9,000 and 12,000 m, and flight levels above 12,500 m are far less crowded. A business jet cleared direct at that altitude often flies a shorter track than the airway network would give it.
Not automatically higher
The generalisation only holds at the top of the market. Light jets have service ceilings around 12,500 m (41,000 ft), the same as an A320 or a 737, and older types sit lower still. And no aircraft climbs to its ceiling immediately: a fully fuelled jet has to burn weight off before the wing will hold it there, which is why long flights step-climb as they go.
More questions

Foto: 4300streetcar (CC BY 4.0) Commercial aviation
Which 747 carried Enterprise "piggyback"?
The first Shuttle Carrier Aircraft was a Boeing 747-123 registered N905NA, originally built for American Airlines and acquired by NASA in 1974. Boeing… more…

Commercial aviation
Was there an amphibious DC-3?
Yes: the Douglas XC-47C was created by fitting Edo Model 78 floats onto a standard C-47. The single-step metal floats carried retractable wheels that also… more…
_Berliner_Luftbr%C3%BCcke.jpg)
OTFW, Berlin (CC BY SA), vía commons Commercial aviation
Was a C-47 converted into a glider?
Yes: the Douglas XCG-17 was an assault glider created by converting a twin-engine C-47 Skytrain during World War II. Its engines were removed and the nacelles… more…

Commercial aviation
What did the USSR build from the DC-3?
The USSR built a version of the DC-3 under a licence granted to its government on 15 July 1936. It was designated PS-84 and, in 1942, renamed Lisunov Li-2… more…

Commercial aviation
What was "Puff, the Magic Dragon"?
It was the nickname of the Douglas AC-47 Spooky, the first in a series of fixed-wing gunships developed by the United States Air Force during the Vietnam War… more…

Commercial aviation
How did the RAF refer to the C-47?
The RAF called it Dakota: the Dakota I was the designation for 53 C-47s received under Lend-Lease. The Dakota III designated 962 C-47A Skytrains. The Dakota… more…