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.
With its dedication to helping clients buy and sell aircraft, The Private Jet Company (TPJC) realizes that clients sometimes need financing in order to complete a timely transaction. To meet these customer needs, TPJC can assist and at times provide financing to help expedite a private aircraft purchase. Financing the purchases of private aircraft is similar to mortgage or automobile loans, though the details of the agreements are much more complex, and the aircraft purchase price usually much greater than a home or car. TPJC’s in-house financing specialists can assist with all aspects of transaction financing, but the basic transaction process of a private jet aircraft acquisition is often as follows:
Finance leasing, also known as "capital leasing", is a longer-term arrangement in which the operator comes closer to effectively "owning" the aircraft. It involves a more complicated transaction in which a lessor, often a special purpose company (SPC) or partnership, purchases the aircraft through a combination of debt and equity financing, and then leases it to the operator. The operator may have the option to purchase the aircraft at the expiration of the lease, or may automatically receive the aircraft at the expiration of the lease.
When it comes to small planes, weight matters. Don't be surprised when your contact emails you for all passenger weights, and when the pilot organizes seating by weights. (You don't want the three biggest people on the right side, for instance.) Similarly, don't expect to bring two weeks of stuff for a weekend, and definitely mention if you're planning on bringing golf clubs or skis. If they don't fit, check out ShipSticks or LuggageForward, which sends your equipment beforehand for a relatively small fee.
Discover fascinating peoples, places and celebrations in intimate and unforgettable ways on this spectacular new journey by private jet. Travel on an exclusive 23-day itinerary packed with insider access, fine dining and invitation-only cultural events curated by our local experts. Following a boldly imagined route, explore Japan, Mongolia, Nepal and Bhutan, India, Abu Dhabi, Jordan and Sicily. And stay in one-of-a-kind accommodations throughout, from a comfortable ger camp with en suite baths to Dwarika’s, a UNESCO World Heritage Site.
The plane can be equipped with live TV signal, wireless internet, and a daylight simulation feature to combat jet lag. The company also just launched the new “Nuage” seat designed for private planes. It dynamically adjusts to one’s body by shifting the weight to a more natural position; there’s also a floating base for easier rotation, and a central swivel to allow passengers to change the seat’s position. Bombardier
No trip is alike. At XOJET we work with clients to select the right aircraft for each mission, the savviest method to flying smart. We believe in delivering the most value on every flight, which typically begins with selecting the right aircraft for the right mission. Each step of the way, your Aviation Advisor is committed to meeting your specific needs by presenting the most complete range of options and finding the best solution for your trip.