One particular type of operating lease is the wet lease, in which the aircraft is leased together with its crew. Such leases are generally on a short-term basis to cover bursts in demand, such as the Hajj pilgrimage. Unlike a charter flight, a wet-leased aircraft operates as part of the leasing carrier's fleet and with that carrier's airline code, although it often retains the livery of its owner.
Paul Cappuccio, who lives in Greenwich, Conn., and is the general counsel for Time Warner, flew to Miami on Blade most weekends last winter and plans to do the same this year. “It’s such a relaxed way to fly, an elegant experience and so hassle-free,” he said. While not necessarily budget-friendly, Mr. Cappuccio said that Blade hits the sweet spot on price. “It’s not all that much more than a full-fare first-class ticket, but a small fraction of what it would cost to fly on a chartered private jet,” he said.
Charter Jet One offers Standard and Premium Catering Packages to ensure a pleasant and smooth travel experience. Our friendly flight concierge staff can arrange for in-flight private jet catering based on the time of day and your personal dining preferences. A standard catering package can consist of a continental breakfast for morning flights, or sandwiches, entrees, salads or appetizer platters for afternoon and evening flights.
The reality of the Web is that it provides a very incomplete picture of private jets for sale or the private jet marketplace. In the last few years the pre-owned aircraft market has changed significantly; the values of aircraft change more quickly and the prices shown on the Web bear little relation to what such aircraft actually sell for. Moreover, many of the best aircraft for sale never appear on the Internet, as they’re bought and sold among brokers for their clients without ever being listed for sale. 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 make a great deal on the wrong airplane. That is why The Private Jet Company made it their principal focus to spend whatever time is necessary to understand the buyer's specific needs and preferences to be able to present the best value private aircrafts that fulfill the buyer's needs and offer the best value for the buyer's dollars. The founder of TPJC and all its brokers make it their goal to become a trusted advisor to the buyer to not only present the currently available aircraft on the market, but to assist in negotiating the deal, recommending legal and tax advisors, aircraft inspection specialists, suitable FBO facilities and any other services to assist in consummating the best possible deal for the aircraft purchase.
A single-entity charter is one in which an individual or company charters a plane and bears the entire cost of the flight, so that the passengers do not pay their own airfare. There is no minimum passenger requirement, since the cost is per flight, not per person. Single-entity charters are typically used for business purposes -- for example, travel to meetings and conferences, incentive travel or VIP leisure travel.
Business airliner can be contracted as bizliner. Airliners converted into business jets are used by sports teams or VIPs with a large entourage or press corps. Such airplanes can face operational restrictions based on runway length or local noise restrictions. They can be the most expensive type of private jet as they provide the greatest space and capabilities.
With a charter flight, you rent the entire aircraft, rather than just one seat. The aircraft can be large or small, and flights can be one-way or round-trip. The charter could be made on a flight-only basis, might include ground services such as transportation to or from meetings or could be part of a complete vacation package. Charter flights offer more flexibility than scheduled flights, with a wider choice of destinations and tailor-made itineraries.
Another important factor Fazal-Karim suggests considering is the length of time you plan to own a plane. He says the average period of ownership is one decade, and typical depreciation in aircraft value drops about 10 percent to 15 percent in the first year with a further 10 percent each subsequent year. Due to low inventory and high demand for pre-owned aircraft, the Jetcraft Market Forecast predicts depreciation rates will improve over the next 10 years. Jetcraft
Customers can opt for a number of interior setups including a bedroom or living area. Given the range of the ACJ320neo, inflight naps would be a must for on-the-go travelers. Customers love the plane for its spacious cabin interiors, which are nearly twice the size of planes within the same price range from Gulfstream and Bombardier, according to Airbus. Airbus
Finance leasing is attractive to the lessee because the lessee may claim depreciation deductions over the aircraft's useful life, which offset the profits from the lease for tax purposes, and deduct interest paid to those creditors who financed the purchase. This has made aircraft a popular form of tax shelter for investors, and has also made finance leasing a cheaper alternative to operating leases or secured purchasing.
The Private Jet category encompasses a wide variety of aircraft, of many different sizes and capabilities ranging from aircraft optimized for relatively short-range regional travel, to large cabin aircraft able to traverse entire continents and oceans. These aircraft are manufactured by worldwide companies including Beechcraft, Bombardier, Cessna, Dassault Aviation, Embraer, Gulfstream, Hawker, Learjet, and Pilatus. Additionally, Airbus and Boeing build exclusive, private variants of many of the same aircraft operated by commercial airlines throughout the world.