Monarch Air Group provides on-demand air charter services to New York and countless domestic and international destinations. Through select joint venture agreements, we provide an extensive fleet for private, group and executive air charter flights. Our industry experience makes us a leading provider of private jet services to an elite international clientele.
The preowned aircraft market has changed significantly over just the past couple of years, with aircraft values changing more quickly and the prices shown on the Web typically bearing little relation to actual selling prices. Your professional Aircraft Broker has access to the very latest aircraft listings and pricing information that simply won’t be available or readily accessible otherwise.
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).
PrivateJets.com is an online charter marketplace brought to you by Sentient Jet, the largest arranger of private air charter in the U.S. Sentient was founded in 1999 and has over ten years of leadership and experience in private aviation. PrivateJets.com was created to provide a comprehensive online resource for all types of private jet travelers.
Members who want to set their own schedule can create a flight and post it to JetSmarter’s app so that other interested members can buy seats for the route and help reduce the cost of the charter; if all the seats on the plane sell, the member who created the flight flies for free. These crowdsourced trips usually top out at $2,000 a person, a fraction of the $8,000 or more per hour it can cost for a traditional charter. “My goal is to make private jet flying less elitist,” Mr. Petrossov said.
the 99,500 lb (45,100 kg), 6,000 nmi Bombardier Global 6000 is the platform for the USAF Northrop Grumman E-11A Battlefield Airborne Communications Node, the radar-carrying ground-surveillance Raytheon Sentinel for the UK Royal Air Force, and Saab’s Globaleye AEW&C carrying its Erieye AESA radar as UK's Marshall ADG basis for Elint/Sigint for the United Arab Emirates; it is also the base for the proposed Saab AB Swordfish MPA and the USAF Lockheed Martin J-Stars Recap battlefield-surveillance program, while IAI's ELI-3360 MPA is based on the Global 5000;
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.