There are two major differences between private charter and scheduled airline service: cost and flexibility. While booking a flight via jet services companies is generally more expensive, they provide a much higher degree of flexibility. With Pentastar Aviation Charter, Inc. your charter will fly on YOUR schedule to the domestic or international destination of YOUR choice. Our service to both major and general aviation airports gives you access to more than ten times as many domestic destinations as scheduled airline service. In addition, we have international experience operating in more than 80 countries.
Finance leasing, also known as "capital leasing", is a longer-term arrangement in which the operator comes closer to effectively "owning" the aircraft. It involves a more complicated transaction in which a lessor, often a special purpose company (SPC) or partnership, purchases the aircraft through a combination of debt and equity financing, and then leases it to the operator. The operator may have the option to purchase the aircraft at the expiration of the lease, or may automatically receive the aircraft at the expiration of the lease.
And FLITE Air Taxi offers a la carte private plane flights for reasonable rates: A flight from Boston to Saratoga, N.Y. costs $541 per person (you will need six people to fill the plane, so $3,250 for the whole flight), as does one from New York City to Martha’s Vineyard and from Block Island to Worcester, Mass.; this does not include federal excise taxes (7.5% of the cost of the flight) but does include other fees.
Companies like Surf Air and FLITE Air Taxi can charge less than big-name competitors, in part, because they use different planes — like, for example, single-prop turbo planes — that cost less to operate because they use less fuel than larger jets. “The operational cost can be a fraction of other planes,” says Justin Hart, vice president of Surf Air memberships.
With its dedication to helping clients buy and sell aircraft, The Private Jet Company (TPJC) realizes that clients sometimes need financing in order to complete a timely transaction. To meet these customer needs, TPJC can assist and at times provide financing to help expedite a private aircraft purchase. Financing the purchases of private aircraft is similar to mortgage or automobile loans, though the details of the agreements are much more complex, and the aircraft purchase price usually much greater than a home or car. TPJC’s in-house financing specialists can assist with all aspects of transaction financing, but the basic transaction process of a private jet aircraft acquisition is often as follows:
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.