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.
A public charter is one in which a tour operator rents the aircraft and advertises and sells seats to members of the public, either directly or through a travel agent. In the case of public charters, the flight must be filed with the U.S. Department of Transportation, and the tour operator must supply a charter prospectus. The tour operator also must assume a legal responsibility to provide the transportation service, and must abide by DOT requirements for the protection of the clients' money. Public charters often operate only seasonally, and are often sold as part of a vacation package deal, although spare seats may be offered at bargain prices.
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.
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.
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.
On 1 April 2017, there were 22,368 business jets in the worldwide fleet, of which 11.2% were for sale. 5-year old aircraft residual value level is at a 56% of the list price. A new business aircraft depreciate by 50% in five years before depreciation flattens between years 10 and 15, and the owner of a 15 to 20 years old is often the last, matching luxury cars.