About 70% of the fleet was in North America at the end of 2011. The European market is the next largest, with growing activity in the Middle East, Asia, and Central America. In 2015 the total airplane billing amounted to US$21.9 billion, and 718 business jets were delivered to customers across the globe : 199 (27.7%) by Bombardier Aerospace, 166 (23.1%) by Cessna, 154 (21.4%) by Gulfstream Aerospace, 120 (16.7%) by Embraer and 55 (7.7%) by Dassault Falcon.
Some prefer more specific terms that may include a manufacturer’s name along with the aircraft model number, and configuration features such as a distinct cabin layout or upgraded avionics package. However, even using very specific terms when searching for aircraft for sale online may miss some listings due to variations in identification; for example, “Gulfstream G550” vs. “Gulfstream G-550.” More inclusive searches, such as “Gulfstream, large-cabin jet” yield more results.
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.
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."
Extendible operating lease: Although an EOL resembles a finance lease, the lessee generally has the option to terminate the lease at specified points (e.g. every three years); thus, the lease can also be conceptualized as an operating lease. Whether EOLs qualify as operating leases depends on the timing of the termination right and the accounting rules applicable to the companies.
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.
Have an upcoming charter flight or looking to price out a regular itinerary? Our online private jet travel planner makes getting an aircraft charter quote simple and fast. Simply fill out the form at the right or follow the link below to submit your private jet flight details and one of our expert Sales Directors will contact you right away to present the best options for your trip need, preferences and budget. Have more questions? Contact us by phone at 866.409.0929.
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.