At 102 in (259 cm), the G650ER has the widest cabin yet but should be joined by the Falcon 5X (a Global 5000/G500 competitor) and its replacement, and the 4,500 nmi (8,300 km) Citation Hemisphere in 2021; at 98 in (249 cm), the Global 7000/8000 is wider than the 95 in (241 cm) Global 5000/6000, the same as the Gulfstream G500/G600 and the Canadair Challenger, while the Dassault Falcon 8X is 92 in (234 cm) wide and the G450/G550 88 in (224 cm).
JetSmarter, around since 2013, is an example of a player in the private aviation space selling shared flights. The company operates on a membership model: Fliers pay a minimum of $15,000 a year and book seats on already scheduled flights through the JetSmarter app, which lists more than 150 domestic and international trips a day. Trips under three hours are included in the cost of the membership while longer ones are an average of $300 a person, according to Sergey Petrossov, the company’s chief executive officer; most flights have an average of eight to 10 passengers.
Private aircraft finance options provide a variety of ways to purchase or lease an aircraft that can be tailored to meet the financial needs of almost any business or individual with ongoing need for access to a business jet. The aircraft financing professionals at TPJC stand ready to discuss all your options and arrange a financing solution to meet your business jet purchasing needs. Please contact us at 561-691-3545. A global company, TPJC professionals are available 24/7/365.
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.
Blade, which doesn’t require membership, also sells flights, but only from December through mid-March and on one route, between Westchester County Airport (with or without a helicopter transfer from Manhattan) and its own terminal in Miami-Opa Locka Executive Airport. From $1,285 each way, fliers travel on a Bombardier commercial jet retrofitted with 16 seats and receive an array of amenities such as catered meals from Dean & Deluca as well as iPad Pros loaded with first-run movies; they also get accommodations for the weekend at Faena Miami, a luxury beachfront hotel.
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.
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.
Flight departments are corporate-owned operators who manage the aircraft of a specific company. Ford Motor Company, Chrysler, and Altria are examples of companies that own, maintain and operate their own fleet of private aircraft for their employees. Flight departments handle all aspects of aircraft operation and maintenance. In the United States, flight-department aircraft operate under FAR 91 operating rules.