And typically, you can’t just buy one discount ticket on these planes; they’ll want you to pay for the whole cost of the plane, so you’ll need to find a group to go with you to get the most savings. Plus, if you want to save big, you likely won’t get a brand-new primo jet, as these tend to cost more. And finally, there’s the issue of safety: Private chartered planes tend to get in more crashes than commercial jets — though they are still far safer than cars. Most small-plane accidents were due to pilot error, so call the private jet company to determine how many hours of flying experience your pilot has.
Over the past several years, global economic conditions led to record levels of pre-owned private aircraft listed for sale, ranging from smaller, propeller-driven airplanes to the largest, most advanced, and most luxurious intercontinental business jets. This truly resulted in a ‘buyer’s market,’ with purchasers able to select from a high number of quality aircraft, often for comparatively low prices.
Because jet charter is not priced on a per person or ticket basis, it is not likely that it would be more cost effective for a group of 10-15 individuals to charter a jet compared with flying via scheduled airline service in coach or first class. Even if the total cost for a charter trip is split among 10 people, the cost each person would cover would still be significant.
Those living on the East Coast will soon be able to fly with Beacon, another monthly membership airline, which will begin flying later this summer, starting with 18-20 daily flights between New York and Boston, as well as seasonally in the Hamptons and Nantucket. Memberships start at $2,000 per month (plus a $1000 initiation fee, which will be waived if you join before Sept. 1, 2015).

Meredith Broder, an adviser with the Villanova, Pa., travel company Avenue Two Travel, said that empty leg flights have changed the private jet game. “Rather than have the plane fly empty, air companies or private jet brokers try to sell that route at a discount,” she said. “This strategy helps with fuel costs and puts private jet flying within reach to people who wouldn’t normally be able to afford this luxury and convenience.”


In 2017 Honeywell predicts 8,600 aircraft to be delivered during the next decade for a total value of $264 Billion. Its breakdown is 57% big (85% in value) - super-midsize to business liner, 18% midsize (8% in value) - light-medium to medium, and 25% small (7% in value); the global demand is expected to come from North America for 61%, 15% from Latin America, 14% from Europe, 6% from Asia-Pacific and 4% from Middle East and Africa.[11]
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