The global aviation marketplace is filled with many options and solutions. What works for one client isn’t necessarily right for you, and nor should it be. Private Jet Services offers a unique consultancy approach, using over a decade of experience to handcraft individualized solutions for every client. It is a method that consistently delivers choice and value for a wide range of global clients.
In a wet lease arrangement, the financing entity, or lessor, provides the aircraft, and complete crew, maintenance and insurance (ACMI) to another party at a cost based on hours of operation over a set time period. The lessee pays for fuel, airport fees, duties, taxes and other operational costs. Wet leases generally are established for one to 24 months. (Any shorter period would be considered simply ad hoc charter, which can be thought of as wet lease by the hour or mission.) In the commercial airline world, wet leases are typically utilized to provide supplemental lift during peak traffic seasons or during annual heavy maintenance checks. In the United Kingdom, a wet lease is employed whenever an aircraft is operated under the air operator's certificate (AOC) of the lessor.
Aircraft brokers make it their goal to become trusted advisors to the buyer. A professional Aircraft Broker will not only present the most current and desirable available aircraft on the market; they will also guide the buyer throughout the entire transaction, including price negotiations, as well as recommendations for legal and tax advisors, aircraft inspection specialists, suitable FBO facilities, and any other services to assist in consummating the best possible deal for the aircraft purchase.
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.
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.
No matter what company you're flying with, be sure to ask if there two pilots or one. (Though two pilots are standard on commercial flights, regulations vary for private planes of all sizes.) It also helps to ask if the operator owns the plane—typically, companies that own their planes offer better service. Never forget to ask about daily minimums and taxi fees. "If the hourly rate is $9,000 and you have a single 40-minute flight, you might assume you are going to pay $6,000," says Doug Gollan, creator of PrivateJetCardComparisons.com. "But if your provider has a daily minimum of 1.5 hours, you are going to actually be charged $13,500, plus taxi time, which in my comparisons I have found varies between being included and up to 12 minutes per segment."
Cessna simultaneously developed the Citation Mustang, a six-place twinjet (2 crew + 4 passengers), followed by the Embraer Phenom 100 and the Honda Jet. They have a maximum takeoff weight lighter than the FAR Part 23 12,500 pounds limit, and are approved for single-pilot operation. They typically accommodate 5-7 passengers over a 965 nmi average range, with a $3.6M mean price. Some VLJs such as the Eclipse and Mustang have no or limited lavatory facilities.
Let us help you determine if aircraft leasing is the right option for your business jet needs. TPJC’s finance and brokerage professionals can answer all your questions about leasing and other acquisition solutions, or advise you on any other business aviation issues. Please call us at 561-691-3545. A global company, our experts are available 24/7/365. We look forward to serving you.
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.