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:
Lastly, don't be afraid to ask about safety: Any reputable operator should have safety information prominently featured on their website, and won't mind answering questions about their pilots, such as how many hours they have flown. (At least 250 hours, which is what it takes to get a commercial license; NetJets mandates at least 2,500 hours; Wheels Up, mandates 7,000 hours for a captain and 4,000 for a first officer.) Gollan suggests fliers ask if the pilot has any health issues, and feel free to ask if the operator (or plane itself) have any accidents or incidents in its history.
On a Charter Flight, passengers aren’t limited to on of 2 or 3 entrees being served. They can literally design their own meal or order from a restaurant of their choice to be enjoyed while traveling in supreme comfort. There is also a wide variety of entertainment options on a charter flight. Many aircraft used for charter flights have free WiFi, high end sound or entertainment systems with iPhone/Android hook-ups and even satellite TV.
Finding quality flight concierge services you can rely on can be a challenge for many business owners. If you’re not sure which charter flight service to choose from, we invite you to get to know Charter Jet One. At Charter Jet One, we know that every detail regarding your trip is important. You have chosen to travel on a private jet charter for luxury, comfort, privacy and convenience. To ensure this remains true for every aspect of your trip, we offer 24-hour corporate concierge services to every prospective traveler.
Waiting until the last minute isn’t an option for most travelers, of course. For those whose schedules can’t accommodate a last-minute booking, there are other options, though they can be pricier. West Coast airline Surf Air offers unlimited private plane flights to and from roughly a dozen California and Nevada locales like Los Angeles, Las Vegas, and Santa Barbara for $1,750 per month (plus a one-time $1000 initiation fee); the airline operates up to 90 flights each day and it added Monterey, Calif., to its list of itineraries on July 13, 2015.
Jet aircraft for sale are also displayed on the Web sites of the brokers that represent the aircraft, but potential buyers typically want to see a broad list of private jets for sale, rather than be limited to one particular broker's inventory or their exclusive offerings. 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, regardless of the broker or listing agent, so that they can compare the price, configuration and condition of all such currently available private jets for sale worldwide.
According to Jahid Fazal-Karim, owner and chairman of the board of Jetcraft, the sweet spot for buying a plane is between three and five years old in terms of value. Fazal-Karim knows what he is talking about, having overseen more than 500 transactions worth over $10 billion in value since he started his career at Jetcraft in 2008. He is often referred to as one of the most powerful players in business and private aviation. Jetcraft
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.
We fly to and from the over 5,000 regional airports in North America, which are crowd-free and conveniently located close to your home, office, and your destination of choice. With easy parking and pilot escort for security, check-in, and boarding, you can arrive at the airport just minutes before your flight. Since we focus exclusively on your schedule and desired route, you fly straight to your destination. And with our 99%+ on-time departure rate, add it all up and you will save hours vs. a typical commercial airline trip (or long drive for that matter!).
How can these and other similar companies afford to offer such low rates? One reason is that sites like JetSuite.com are offering seats on flights that would have been empty or at least not full. “Over 40% of flights that are flying private have empty seats,” says Steve King, the co-founder of private jet charter company AeroIQ. Many times, these flights are simply repositioning so they can pick up passengers in another city and the companies would rather get some money from passengers than no money.
Private charter flights offer a range of advantages for busy professionals, including time-efficiency. From quicker check-ins to faster transit times, private jet hire is the perfect way to fulfil multiple meetings in different cities, carry out several site visits in one day or simply have more of an opportunity to remain productive while travelling.
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.
Fractional ownership of aircraft involves an individual or corporation who pays an upfront equity share for the cost of an aircraft. If four parties are involved, a partner would pay one-fourth of the aircraft price (a "quarter share"). That partner is now an equity owner in that aircraft and can sell the equity position if necessary. This also entitles the new owner to a certain number of hours of flight time on that aircraft, or any comparable aircraft in the fleet. Additional fees include monthly management fees and incidentals such as catering and ground transportation. In the United States, fractional-ownership operations may be regulated by either FAA part 91 or part 135.