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.
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.
Ms. Broder frequently books private jets for clients and gets a weekly list from several private jet companies of empty leg availability for the coming week (other agents specializing in private jet travel also get similar lists). Recent flights included an $8,500 trip from Naples to Cleveland on a Beechjet 400A, a plane that seats seven people, and a $6,500 trip from Scottsdale, Ariz., to Colorado Springs on a Learjet 45XR, accommodating eight fliers.
Japanese leveraged lease: A JLL requires the establishment of a special purpose company to acquire the aircraft, and at least 20% of the equity in the company must be held by Japanese nationals. Widebody aircraft are leased for 12 years, while narrowbody aircraft are leased for 10 years. Under a JLL, the airline receives tax deductions in its home country, and the Japanese investors are exempt from taxation on their investment. JLLs were encouraged in the early 1990s as a form of re-exporting currency generated by Japan's trade surplus
Whether you travel frequently for business or only occasionally for pleasure, chances are you've considered hiring a charter plane. When you fly on a private plane, you can skip the long wait times and baggage checks of a commercial flight. Your departure and return times are determined by your schedule, and in some cases you can even book a same-day flight! Here are some of our most commonly asked questions regarding private flights:
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.
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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.
At Charter Jet One, we are dedicated to providing our clients with door-to-door service. This means our flight concierge services can arrange ground transportation before your departure and after your arrival. On the strength of a worldwide network of transportation providers, Charter Jet One arranges ground travel in more than 480 cities worldwide.
On an A&K Private Jet Journey, your small group of 50 like-minded guests travels on an exclusive itinerary packed with immersive insider-access opportunities, fine dining and invitation-only cultural events curated by our local experts around the world. Jet from one destination to the next aboard a chartered Boeing 757 with fully lie-flat, first-class seats and featuring a staff of expert tour managers, a dedicated flight crew, an Executive Chef and an onboard physician. Finish each day in accommodations chosen for their comfort, hospitality and true local character on a journey that combines luxury, authenticity and expertise as only A&K can.
While today’s connected society allows people to access a vast wealth of information, right at their fingertips, the reality of the Web is that it provides a very incomplete picture of private jets for sale or the private jet marketplace. Indeed, many of the best aircraft for sale never appear on the Internet, as they’re bought and sold among Aircraft Brokers for their clients without ever being listed for sale.
Operating leases are generally short-term (less than 10 years in duration), making them attractive when aircraft are needed for a start-up venture, or for the tentative expansion of an established carrier. The short duration of an operating lease also protects against aircraft obsolescence, an important consideration in many countries due to changing noise and environmental laws. In some countries where airlines may be deemed less creditworthy (e.g. the former Soviet Union), operating leases may be the only way for an airline to acquire aircraft. Moreover, it provides the flexibility to the airlines so that they can manage fleet size and composition as closely as possible, expanding and contracting to match demand.
Purchasing an aircraft is a significant investment. As with any major purchase, private aircraft buyers want to be sure they’re seeing all the available private jets for sale that meet their criteria, so that they can compare the price, configuration and condition of all such currently available private jets for sale worldwide. 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’t make a great deal on the wrong airplane.
You will be told how much the hold can take on your chosen aircraft and can upgrade if you feel more space is needed. This will generally be far more than that of a commercial airline. You may also need to upgrade if carrying things like golf clubs and skis. If travelling with a gun, you will need to provide a license and the gun and ammunition must be kept separate. It is then at the captain’s discretion whether it can be on board.
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.
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.