After a nap, why not wake up with coffee or entertain guests in the living room? This mockup represents part of the Melody interior product that Airbus can use when outfitting a plane. It includes larger entryways between the various zones of the plane (sleeping, working, relaxing, for example) instead of the traditional doors found on other private planes. Airbus
Like scheduled airline service, private jets also have weight limits with regard to the amount of luggage that can be stowed during a trip. Items such as skis and golf clubs are allowed as long as they conform to the dimensions and weight limits of the aircraft. These weight limits vary by aircraft type. Ask your charter sales representative if you have concerns about excess baggage or special items to be included in your luggage.
The preowned aircraft market has changed significantly over just the past couple of years, with aircraft values changing more quickly and the prices shown on the Web typically bearing little relation to actual selling prices. Your professional Aircraft Broker has access to the very latest aircraft listings and pricing information that simply won’t be available or readily accessible otherwise.
Under American and British accounting rules, a finance lease is generally defined as one in which the lessor receives substantially all rights of ownership, or in which the present value of the minimum lease payments for the duration of the lease exceeds 90% of the fair market value of the aircraft. If a lease is defined as a finance lease, it must be counted as an asset of the company, in contrast to an operating lease which only affects the company's cash flow.
JamesEdition is the world's premier marketplace to find business jets and propeller aircraft for sale. Search private jets from all relevant brands. Find jets, turboprop and single engine aircraft for sale by brokers, dealers and private sellers worldwide. Whether you are a private pilot or a current owner searching for a new or preowned aircraft, you'll find quality aircraft and large, high-quality images and complete specifications.
Jet aircraft for sale are also displayed on the Web sites of the brokers that represent the aircraft, but potential buyers typically want to see a broad list of private jets for sale, rather than be limited to one particular broker's inventory or their exclusive offerings. As with any major purchase, private aircraft buyers want to be sure they’re seeing all the available private jets for sale that meet their criteria, regardless of the broker or listing agent, so that they can compare the price, configuration and condition of all such currently available private jets for sale worldwide.
Customers spend time with a full-service design team to decide how they want to outfit the plane’s interior. Interiors can be customized to align with the branding of a company, the tastes of an owner, or the operational needs of the flight department. Some notable interior options for the Citation Longitude are the side-facing couch, optional crew jump seat, and solid surface flooring. The Longitude offers an inflight-accessible baggage compartment, and its ceiling extends to 6 feet, making it easy for most people to stand up. Textron Aviation
Prospective aircraft buyers often look for jets for sale by searching Google, gathering information on various makes & models and their performance characteristics, and on condition, age, price and other information about specific jets for sale. Most private airplane buyers use standard phrases like: "airplanes for sale", "private jets on sale" or "airplanes on market" for their search.
JetSuite.com, which flies to more than 2,000 airports, aggregates private jet flights with empty seats to offer daily “next-day” deals. You can rent the entire plane — a max of 6 seats — starting at just $536 each way, which shakes out to less than $90 per person. Past deals have included a flight for six people from Oxford, Conn., to Philadelphia for $536.43 (that’s about $90 per person, which includes the 7.5% federal excise tax), a flight for four people from Los Angeles to Cabo San Lucas, Mexico, for $499 (that’s about $124 per person); for four people from Orange County, Calif., to Chicago for $536 (that’s about $135 per person); and for six people from Teterboro (in New Jersey, near New York City) to Nassau, Bahamas, for $1,074 (that’s about $179 per person). (In all of the above cases, to get the per person rate, you must book all seats on the plane.)
Meredith Broder, an adviser with the Villanova, Pa., travel company Avenue Two Travel, said that empty leg flights have changed the private jet game. “Rather than have the plane fly empty, air companies or private jet brokers try to sell that route at a discount,” she said. “This strategy helps with fuel costs and puts private jet flying within reach to people who wouldn’t normally be able to afford this luxury and convenience.”
Perhaps most important for many business professionals, however, are the freedom and security that only private jets can offer. A private jet is a productivity multiplier, allowing you and your company to be more competitive, nimbler, and more successful, by optimizing your time, flexibility, and efficiency. In today's ever-competitive global marketplace, a private jet enables direct, face-to-face contact with clients, customers, and personnel, to a degree not otherwise possible.
Charter, also called air taxi or ad-hoc flights require certification from the associated country's regulating body such as the FAA in the U.S. The regulations are differentiated from typical commercial/passenger service by offering a non-scheduled service. In the U.S. these flights are regulated under FAA Part 135. There are some cases where a charter operator can sell scheduled flights, but only in limited quantities.
Over the past several years, global economic conditions led to record levels of pre-owned private aircraft listed for sale, ranging from smaller, propeller-driven airplanes to the largest, most advanced, and most luxurious intercontinental business jets. This truly resulted in a ‘buyer’s market,’ with purchasers able to select from a high number of quality aircraft, often for comparatively low prices.
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.
As Rachel Raymond from West Orange, N.J., tells it, the day last August when she flew on a private jet ranks as one of the most unreal experiences of her life. Ms. Raymond, and her husband, Daniel, along with their three children, took a flight in a seven-seat jet, a Cessna Citation III, complete with two pilots and a well-stocked bar, from Westchester County Airport, in White Plains, N.Y., to upstate Saratoga Springs. The Raymonds had decided to take an impromptu trip to Lake George because they had found a last-minute deal where they could fly on that route for only $500.
Hong Kong leveraged lease: In Hong Kong, where income taxes are low in comparison to other countries, leveraged leasing to local operators is common. In such transactions, a locally incorporated lessor acquires an aircraft through a combination of non-recourse debt, recourse debt, and equity (generally in a 49-16-35 proportion), and thus be able to claim depreciation allowances despite only being liable for half of the purchase price. Its high tax losses can then be set off against profits from leasing the aircraft to a local carrier. Due to local tax laws, these investments are set up as general partnerships, in which the investors' liability is mainly limited by insurance and by contract with the operator.
Flight departments are corporate-owned operators who manage the aircraft of a specific company. Ford Motor Company, Chrysler, and Altria are examples of companies that own, maintain and operate their own fleet of private aircraft for their employees. Flight departments handle all aspects of aircraft operation and maintenance. In the United States, flight-department aircraft operate under FAR 91 operating rules.