Currently, the supply of private jets on the market is prevalent in historical perspectives, and the relative current demand has caused prices of pre-owned private aircraft to all-time lows. In addition, private aircraft manufacturers want full operation capacity and are offering buyers with great sales incentives. Those recent trends have led to a modest uptick in customized jet sales as buyers are taking advantage surplus market supply. Aviation consultants and industry specialists have reported experiencing a recent rise in the number of first time private jet van Nuys buyers.
However, how can one determine the relative advantages of charters, plane card user status, and fractional ownership as compared to jet ownership? Also, among them makes the most sense for you? The decision to purchase an individual aircraft is a function of three considerations: status, financial, and operational. The issue of status is completely and purely a personal one and can only be judged by the persons themselves.
When you charter one, you have the entire plane to yourself (and anyone you want to go together with you) not just one seat. Hence, you control the schedule of your flight, you control what food and beverages are to be served (and you can ask for your favorites) and you are the boss. The option enables you to customize the flight to your distinct needs.
In addition, you might find that doing business aboard a plane is a great way to show a client or potential business partner that you are serious about your business. It might even allow your partner/customer to obtain a glimpse into the type of treatment he or she can expect from you in the future.
If you are on a business trip, you could hold proper meetings inside the chartered private jets, and hence, actually continue working as if you were in office. You can make in-flight calls to your business associates, your employees or subordinates. Flexibility with regards to organizing your time can sometimes make a big difference to your business. Swift movement of key people can help you win new business.
If you utilize the same category of aircraft for your flights at least 80 percent of the time, private ownership can also make economic sense. However, if your mission changes regularly, traveling long range on some flights, short to mid-range on others, then looking to purchase a personal airplane would not make much sense. Charter could be better for this scenario, because you can always select the right aircraft for each flight.
Some fractional ownership programs and plane cards are more flexible and with more options. Such arrangements allow customers to select among three or four aircraft categories (light, mid-size, super-midsize and large cabin/long range planes. They also use more than one aircraft simultaneously, providing another option for fliers who need access to several categories of aircraft.
But when considering owning a personal aircraft, don't think only about the flights you're making now. Think about the ways your organization could use an aircraft - to see clients, prospect for new business, manage far flung business operations. Don't be surprised if you come to the conclusion that not having a personalized aircraft is costing you plenty in missed opportunities.
However, how can one determine the relative advantages of charters, plane card user status, and fractional ownership as compared to jet ownership? Also, among them makes the most sense for you? The decision to purchase an individual aircraft is a function of three considerations: status, financial, and operational. The issue of status is completely and purely a personal one and can only be judged by the persons themselves.
When you charter one, you have the entire plane to yourself (and anyone you want to go together with you) not just one seat. Hence, you control the schedule of your flight, you control what food and beverages are to be served (and you can ask for your favorites) and you are the boss. The option enables you to customize the flight to your distinct needs.
In addition, you might find that doing business aboard a plane is a great way to show a client or potential business partner that you are serious about your business. It might even allow your partner/customer to obtain a glimpse into the type of treatment he or she can expect from you in the future.
If you are on a business trip, you could hold proper meetings inside the chartered private jets, and hence, actually continue working as if you were in office. You can make in-flight calls to your business associates, your employees or subordinates. Flexibility with regards to organizing your time can sometimes make a big difference to your business. Swift movement of key people can help you win new business.
If you utilize the same category of aircraft for your flights at least 80 percent of the time, private ownership can also make economic sense. However, if your mission changes regularly, traveling long range on some flights, short to mid-range on others, then looking to purchase a personal airplane would not make much sense. Charter could be better for this scenario, because you can always select the right aircraft for each flight.
Some fractional ownership programs and plane cards are more flexible and with more options. Such arrangements allow customers to select among three or four aircraft categories (light, mid-size, super-midsize and large cabin/long range planes. They also use more than one aircraft simultaneously, providing another option for fliers who need access to several categories of aircraft.
But when considering owning a personal aircraft, don't think only about the flights you're making now. Think about the ways your organization could use an aircraft - to see clients, prospect for new business, manage far flung business operations. Don't be surprised if you come to the conclusion that not having a personalized aircraft is costing you plenty in missed opportunities.
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