A single-entity charter is one in which an individual or company charters a plane and bears the entire cost of the flight, so that the passengers do not pay their own airfare. There is no minimum passenger requirement, since the cost is per flight, not per person. Single-entity charters are typically used for business purposes -- for example, travel to meetings and conferences, incentive travel or VIP leisure travel.
Monarch Air Group provides on-demand air charter services to and from Miami on a regular basis. Through select joint venture agreements, we charter an impressive range of aircraft, from single-piston to heavy jets. Whether you are flying for business or pleasure, we will provide the maximum level of reliability, flexibility and luxury. Every client is a VIP, so just let us know your schedule, budget, and special requests.
Regal Air has been the top Flightseeing and Bear Viewing company in Alaska for over 33 years, and we have done it with an unsurpassed safety record. We know there is no better way to share this amazing and majestic country with our visitors than to take to the skies, and by doing so we get you into the heart of Alaska. Regal Air has many fantastic Flightseeing and Day Trips leaving daily from Anchorage.
Because the cost of a high-end modern private aircraft may be tens of millions of dollars, lending for aircraft purchases is accompanied by a security interest in the aircraft, so that the aircraft may be repossessed in event of nonpayment. It is generally very difficult for borrowers to obtain affordable private unsecured financing of an aircraft purchase, unless the borrower is deemed particularly creditworthy (e.g. an established carrier with high equity and a steady cash flow).
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
Charter, also called air taxi or ad-hoc flights require certification from the associated country's regulating body such as the FAA in the U.S. The regulations are differentiated from typical commercial/passenger service by offering a non-scheduled service. In the U.S. these flights are regulated under FAA Part 135. There are some cases where a charter operator can sell scheduled flights, but only in limited quantities.
Private jets are available in a wide variety of sizes, classes and models, each with different capabilities suitable for different missions and preferences. From an efficient Light Jet with seating up to 7, to a luxury Ultra Long Range Jet seating up to 19. Our network of certified private jets includes jets for any need. View specifications for each jet, or contact us for a custom consultation on which jet is best for your next charter flight.
Privacy is one of the main advantages of a charter flight. Unlike a commercial flight, where travelers are herded through a crowded airport, having to undergo an intrusive security screening, passengers on a charter flight depart from a private facility known as an FBO. At most private airports, passengers can pull their cars right up to the plane.
The most economical option is chartering, which doesn't require any cash upfront (other than a deposit) through companies like Tradewind, Sentient, and Solairus, (which we took home from North Carolina). Of course, there are the old standbys like NetJets and Marquis, who sell fractional ownership (like 1/16th) of a single jet for upwards of $100K. One step down from that, pricewise, is the jet card, where you buy a set amount of hours from a company like Nicholas or Private Jet Services, and can use those hours for different planes. Then there are membership models like WheelsUp, where you pay $17,500 as an initiation fee to fly in their fleet, and then a $8,500 annual dues fee starting the second year. It's like a country club—only you're guaranteed access to a KingAir350i or Citation Excel / XLS instead of a golf course.
The reality of the Web is that it provides a very incomplete picture of private jets for sale or the private jet marketplace. In the last few years the pre-owned aircraft market has changed significantly; the values of aircraft change more quickly and the prices shown on the Web bear little relation to what such aircraft actually sell for. Moreover, many of the best aircraft for sale never appear on the Internet, as they’re bought and sold among brokers for their clients without ever being listed for sale. 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 make a great deal on the wrong airplane. That is why The Private Jet Company made it their principal focus to spend whatever time is necessary to understand the buyer's specific needs and preferences to be able to present the best value private aircrafts that fulfill the buyer's needs and offer the best value for the buyer's dollars. The founder of TPJC and all its brokers make it their goal to become a trusted advisor to the buyer to not only present the currently available aircraft on the market, but to assist in negotiating the deal, recommending 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.
Finance leasing is attractive to the lessee because the lessee may claim depreciation deductions over the aircraft's useful life, which offset the profits from the lease for tax purposes, and deduct interest paid to those creditors who financed the purchase. This has made aircraft a popular form of tax shelter for investors, and has also made finance leasing a cheaper alternative to operating leases or secured purchasing.
Fractional ownership of aircraft involves an individual or corporation who pays an upfront equity share for the cost of an aircraft. If four parties are involved, a partner would pay one-fourth of the aircraft price (a "quarter share"). That partner is now an equity owner in that aircraft and can sell the equity position if necessary. This also entitles the new owner to a certain number of hours of flight time on that aircraft, or any comparable aircraft in the fleet. Additional fees include monthly management fees and incidentals such as catering and ground transportation. In the United States, fractional-ownership operations may be regulated by either FAA part 91 or part 135.