The global aviation marketplace is filled with many options and solutions. What works for one client isn’t necessarily right for you, and nor should it be. Private Jet Services offers a unique consultancy approach, using over a decade of experience to handcraft individualized solutions for every client. It is a method that consistently delivers choice and value for a wide range of global clients.
Prospective aircraft buyers often look for private jets for sale by searching Google, gathering information on various makes & models and their performance characteristics, and on condition, age, price and other information about specific jets for sale. Most private airplane buyers use standard phrases like: "private jets for sale", "private jets on sale" or "private jets on market" for their search. Some prefer more specific terms that may include a manufacturer’s name along with the aircraft model number, and configuration features such as a particular upgraded avionics package. Searching for aircraft for sale online using very specific terms 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.
Using a private jet rental to get to a holiday destination ensures the additional benefit of access to private terminals for faster security check-ins, ensuring that more time is spent enjoying the getaway instead of waiting in line. With its ability to access more locations around the world and enhanced potential for personalisation, chartering privately is the perfect way to travel for pleasure.
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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.
In a wet lease arrangement, the financing entity, or lessor, provides the aircraft, and complete crew, maintenance and insurance (ACMI) to another party at a cost based on hours of operation over a set time period. The lessee pays for fuel, airport fees, duties, taxes and other operational costs. Wet leases generally are established for one to 24 months. (Any shorter period would be considered simply ad hoc charter, which can be thought of as wet lease by the hour or mission.) In the commercial airline world, wet leases are typically utilized to provide supplemental lift during peak traffic seasons or during annual heavy maintenance checks. In the United Kingdom, a wet lease is employed whenever an aircraft is operated under the air operator's certificate (AOC) of the lessor.
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.