Business airliner can be contracted as bizliner. Airliners converted into business jets are used by sports teams or VIPs with a large entourage or press corps. Such airplanes can face operational restrictions based on runway length or local noise restrictions. They can be the most expensive type of private jet as they provide the greatest space and capabilities.
For the decade starting in 2017, Aviation Week predicts 11,346 deliveries of business aircraft (jets or not) valued at $250.1 billion, with a fleet growing from 31,864 aircraft to 36,702 aircraft (64% in North America): 4,838 more at an average annual growth rate of 1.6%, with 5,835 retirements. For the coming five-year period, Textron Aviation should lead the market with a 22.8% market share, followed by Bombardier with 20.4%, Embraer with 16.6%, Gulfstream with 15%, Dassault with 8.4% then the rest of manufacturers with 16.9%. There should be 22,190 Engine deliveries, led by the Honeywell HTF7000, Williams FJ44, Pratt & Whitney Canada PT6A Medium, Pratt & Whitney Canada PW300 and the Pratt & Whitney Canada PT6A Large. The average utilization should be 365 flight hours per aircraft per year.
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.)
Purchasing an aircraft is a significant investment. 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, so that they can compare the price, configuration and condition of all such currently available private jets for sale worldwide. Moreover, many buyers who plunge into the market without the help of an expert advisor may not even have properly identified the best airplane for their needs, and a buyer can’t make a great deal on the wrong airplane.
JetSuite is one of several private aviation companies attempting to make private jet flying accessible to travelers who aren’t part of the billionaire or even millionaire set. In many cases, these companies such as Blade and JetSmarter, are able to offer flights at appealing prices because the trips are shared with a small group of other passengers. While this may not be private flying in the vein of having an entire plane to yourself, travelers fly in and out of small, private airports where they usually don’t have to deal with the Transportation Security Administration and can arrive just five to 15 minutes before their departure time.
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.
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.
The very light jet (VLJ) is a classification initiated by the release of the Eclipse 500, on 31 December 2006, which was originally available at around US$1.5 million, cheaper than existing business jets and comparable with turboprop airplanes. It accompanied a bubble for air taxi services, exemplified by DayJet which ceased operations on September 2008, Eclipse Aviation failed to sustain its business model and filed for bankruptcy in February 2009.
Manufactured by Canadian aerospace firm Bombardier, the Challenger name encompasses a family of aircraft billed as “the best-selling business jet platform of the last decade.” All Challenger jets feature fuel-efficient turbofan engines, true “walk-about” cabins, and a supercritical wing design offering impressive climb and cruise performance at lower thrust settings.
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.
And FLITE Air Taxi offers a la carte private plane flights for reasonable rates: A flight from Boston to Saratoga, N.Y. costs $541 per person (you will need six people to fill the plane, so $3,250 for the whole flight), as does one from New York City to Martha’s Vineyard and from Block Island to Worcester, Mass.; this does not include federal excise taxes (7.5% of the cost of the flight) but does include other fees.
Stratos Jet Charters, Inc. Serves As An Agent For Air Charter Services On Behalf Of Our Clients. All Aircraft And Air Carriers Selected By Stratos Jet Charters Are Fully Certified By The Federal Aviation Administration And The U.S. Department Of Transportation Under Part 135 Regulations. Carriers Are Solely Responsible For The Air Transportation Arranged On Behalf Of Stratos Jet Charters Clients. Stratos Jet Charters Does Not Own Or Operate Any Aircraft. Stratos Jet Charters Is Not A Direct Or Indirect Air Carrier. All Flights Chartered Through Stratos Jet Charters Are Operated By Part 135 Air Carriers. © 2007-2018 STRATOS JET CHARTERS, INC. ALL RIGHTS RESERVED.