Currently, approximately 10 percent of the worldwide fleet of private aircraft is for sale. That serves to keep prices down; however, the projected decrease in new private jet deliveries could bring an uptick in transaction prices on preowned aircraft, particularly over the next 2-3 years. Aviation consultants and industry professionals have also reported seeing a recent rise in the number of first time private plane buyers brought into the market by today's bargain prices for private jets.
In addition to luxurious cabin fittings and a host of amenities, many of today's private jets also in-flight connectivity systems allowing passengers to connect to the Internet in much the same manner as they would in their own homes and offices, allowing busy CEOs to conduct important business meetings at 40,000 feet. Whether it's visiting multiple clients or offices in a single day, or carrying your family to a top-level vacation destination, private jets provide an incredibly fast, safe, and secure travel alternative for you, your friends and family, and your employees, all in unmatched style and luxury.
Private charter flights offer a range of advantages for busy professionals, including time-efficiency. From quicker check-ins to faster transit times, private jet hire is the perfect way to fulfil multiple meetings in different cities, carry out several site visits in one day or simply have more of an opportunity to remain productive while travelling.
Are these lower prices the reason more Americans are chartering planes? Virtuoso’s statistics indicate that the number of private charter trips increased by 10 percent from 2014 to 2016, and statistics from the research company Euromonitor show that the number of passengers in the United States who chartered planes increased from 4.88 million in 2013 to 5.32 million in 2016 (this number excludes helicopter charters).
The forward wing sweep, 20,280 pounds (9.20 t) MOTW Hamburger Flugzeugbau HFB 320 Hansa Jet first flew on 21 April 1964, powered by two General Electric CJ610, 47 were built between 1965 and 1973. The joint Piaggo-Douglas, 18,000 pounds (8.2 t) MOTW Piaggio PD.808 first flew on 29 August 1964, powered by two Armstrong Siddeley Vipers, 24 were built for the Italian Air Force.