In October 2017 Jetcraft forecasts 8,349 unit deliveries in the next decade for $252 billion, a 30.2 $M average. Cessna should lead the numbers with 27.3% of the deliveries ahead of Bombardier with 20.9% while Gulfstream would almost lead the revenue market share with 27.8% trailing Bombardier with 29.2%. For 2016-2025, Jetcraft forecasted Pratt & Whitney Canada should be the first engine supplier with 30% of the $24B revenue, in front of the current leader Rolls-Royce at 25%. Honeywell will hold 45% of the avionics $16B revenue ahead of Rockwell Collins with 37% and Garmin.
Convenience - There are over 5,000 airports in the US that private planes can use (vs 500 airports for larger commercial aircraft). This means you can often land closer to your true destination. In the summer of 2006 the ban on liquids caused all sorts of inconveniences for people flying commercially, but private flyers avoided all this. Private planes also mean that you can travel with your special belongings such as instruments, sports gear, product samples or bring your pet in the cabin.
Another important factor Fazal-Karim suggests considering is the length of time you plan to own a plane. He says the average period of ownership is one decade, and typical depreciation in aircraft value drops about 10 percent to 15 percent in the first year with a further 10 percent each subsequent year. Due to low inventory and high demand for pre-owned aircraft, the Jetcraft Market Forecast predicts depreciation rates will improve over the next 10 years. Jetcraft
If you’re flexible both on when you fly and where you fly, you’ll likely get the best deals, says Trance. Call the company and ask about the cost differences between, say, a Saturday and a Tuesday and see if you can fly into a nearby airport. Fridays and Sundays tend to be the most expensive times to travel, says Justin Sullivan, the co-founder of FLITE Air Taxi. And, of course, last-minute deals can be significant so it may be worth waiting until about 72 hours before you want to fly to find deals, says Trance, though this is, of course, risky.
With a dry lease, the lessor provides the aircraft without crew. These arrangements are favored by leasing companies and banks, and require the lessee to put the aircraft on its own AOC and provide aircraft registration. Dry leases usually cover a term of no less than two years. Lessees must comply with conditions regarding maintenance, insurance, and depreciation, and other requirements that may be affected by geographical location, political circumstances or other factors.
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.
Aircraft leases are often used by private aircraft operators, as leases provide the same level of access to an aircraft that ownership provides, without the capital expenditure buying a business jet requires. Leases are offered in two main forms: wet leasing, normally used for short-term access; and dry leasing, typically used for longer term leases. Under wet leases, flight crews are provided in tandem with the aircraft, while operators of dry leased aircraft supply their own crews. Combination wet-dry leases may also be offered, as when an aircraft is wet leased to establish service, and once an in-house flight crew is trained, switched to a dry lease.
All flights are operated by U.S. 14 CFR Part 135 air carriers ("operators"), the names of which are disclosed to our customers prior to booking travel. Operators providing service for Air Taxi Service and Support LLC d/b/a Linear Air (ATSS) bookings must meet standards set forth by the U.S. Federal Aviation Administration (FAA) and by ATSS. ATSS does not manage or operate aircraft on behalf of our customers, and is not itself an operator, and is a subsidiary of AirDialog LLC, a Direct Air Carrier operating under FAA certificate number L41A034L. Video footage used with permission from Cirrus Aircraft.
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.
US leveraged lease: Used by foreign airlines importing aircraft from the United States. In a US lease, a Foreign Sales Corporation (FSC) purchases and leases the aircraft, and is tax-exempt so long as at least 50% of the aircraft is made in the US, and at least 50% of its flight miles are flown outside the US. Because of the extensive documentation required for these leases, they have only been used for very expensive aircraft being operated entirely outside the US, such as Boeing 747spurchased for domestic routes within Japan.
After your initial enquiry you will be assigned a personal charter expert who will send you a selection of quotes for you to choose from. Each quote will have a clear breakdown of aircrafts and airports and reasons they have been selected for you. Should you wish to go ahead they will then book the aircraft and send you all the flight details including directions to the terminal and any other important information. They will be your first point of call for any further enquiries you may have up to the flight and, if possible, they will meet you at the terminal. From your initial quote you will be able to contact your account manager 24/7 (if on holiday you will be assigned another account manager to cover) so you can call from wherever, whenever you like.
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.
For $5.25 million, the HondaJet Elite is the fastest and highest-flying plane in its category of very light jets. Its fuselage features a unique Over-The-Wing Engine Mount (OTWEM) configuration, Natural Laminar Flow (NLF) nose and wing, and composite fuselage, which improve performance and efficiency. It is more fuel efficient and emits less greenhouse gases than other similarly sized twin-engine business jets. HondaJet
With access to over 5,000 aircraft worldwide, Blue Star Jets has the experience in locating the best possible aircraft for your mission. Operators providing service for Blue Star Jets clients in the United States must meet standards set forth by the Federal Aviation Administration (FAA) for safety, security and service and operate under Part 135 of the FAA regulations.
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 a Charter Flight, passengers aren’t limited to on of 2 or 3 entrees being served. They can literally design their own meal or order from a restaurant of their choice to be enjoyed while traveling in supreme comfort. There is also a wide variety of entertainment options on a charter flight. Many aircraft used for charter flights have free WiFi, high end sound or entertainment systems with iPhone/Android hook-ups and even satellite TV.
On an A&K Private Jet Journey, your small group of 50 like-minded guests travels on an exclusive itinerary packed with immersive insider-access opportunities, fine dining and invitation-only cultural events curated by our local experts around the world. Jet from one destination to the next aboard a chartered Boeing 757 with fully lie-flat, first-class seats and featuring a staff of expert tour managers, a dedicated flight crew, an Executive Chef and an onboard physician. Finish each day in accommodations chosen for their comfort, hospitality and true local character on a journey that combines luxury, authenticity and expertise as only A&K can.
The Lufthansa Technik inflight entertainment system is an optional addition and consists of a high-definition video system, surround sound, multiple audio and video input options, a cabin management system, and three options for voice communications and connectivity. The cabin management system can also be accessed via iOS and Android applications. Embraer
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.”
In the United States, business aircraft may be operated under either FAR 91 as private operations for the business purposes of the owner, or under FAR 135 as commercial operations for the business purposes of a third party. One common arrangement for operational flexibility purposes is for the aircraft's owner to operate the aircraft under FAR 91 when needed for its own purposes, and to allow a third-party charter-manager to operate it under FAR 135 when the aircraft is needed for the business purposes of third parties (such as for other entities within the corporate group of the aircraft's owner).