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.
Equipment trust certificate (ETC): Most commonly used in North America. A trust of investors purchases the aircraft and then "leases" it to the operator, on condition that the airline will receive title upon full performance of the lease. ETCs blur the line between finance leasing and secured lending, and in their most recent forms have begun to resemble securitization arrangements.
An affinity charter is slightly different in that, although all of the passengers are affiliated with a specific business, group or organization, each pays his own air fare. The passengers might sports or music fans traveling to a special event, or a bunch of friends going on vacation. With this type of charter, none of the seats can be sold to members of public.
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.
The Gulfstream G650ER, which retails for $70.15 million fully outfitted, can travel 7,500 nautical miles/13,890 kilometers at Mach 0.85. When flying even faster at Mach 0.90, it can carry eight passengers 6,400 nm/11,853 km. Hodge adds that it is important to know the general travel mission when determining the size of the plane. If certain airports are used, a broker can help buyers understand if a plane can regularly take off and land there with a full payload. Gulfstream
Customers can choose the cabin layout, including the option to divide the space into separate areas that can be decked out as an office, bedroom, galley or dining area. Exotic wood veneers and hand-stitched leather are among the many accouterments that buyers can select. Lighting and cabin temperature can even be controlled via one’s smartphone. Gulfstream
Steve Wooster, the managing director of services and air operations for the luxury travel network Virtuoso, said that the proliferation of private jet brands has led to these lower prices. “There are many more suppliers than there ever used to be, and competition means prices have dropped,” he said. “Private jet flying is now open to a diversity of passengers, not just C.E.O.’s.”
For those who don't mind mingling with strangers, companies like Tradewind offer shuttles between places like New York and Boston, Stowe, and Nantucket, as well as Caribbean Islands like St. Barth's and Anguilla. (Flights begin at $250 plus tax each way.) The bonus? On a route from from San Juan to St. Barth's, a Tradewind rep will meet you at your terminal and help shuttle you through. JetSuiteX, affiliated with JetBlue, sells seats on planes between Burbank and Las Vegas.
The key words here are prop planes, turboplanes, and light jets. Prop planes like the Cessna Caravan are popular because they're roomy (the seats are like business class, and often configured face to face). More popular these days are planes like the six- to eight-seater Pilatus PC-12, and KingAirs, which fly faster and feel more like jets. And then you get into light jets like Learjets, Embraer Phenom 300s, and Citation CJ3s, and Hawkers, all of which are sleeker and more streamlined, and can fly for four to five hours, for slightly longer trips.
Monarch Air Group provides on-demand air charter services to and from Miami on a regular basis. Through select joint venture agreements, we charter an impressive range of aircraft, from single-piston to heavy jets. Whether you are flying for business or pleasure, we will provide the maximum level of reliability, flexibility and luxury. Every client is a VIP, so just let us know your schedule, budget, and special requests.
Because a charter flight is not part of a scheduled service, the flight will depart when you want it to. You are also able to choose which cities you fly to and from. Charter Flights are particularly convenient when you need to travel to a city where scheduled airline service may require multiple connections or layovers before you reach your destination.
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
After a nap, why not wake up with coffee or entertain guests in the living room? This mockup represents part of the Melody interior product that Airbus can use when outfitting a plane. It includes larger entryways between the various zones of the plane (sleeping, working, relaxing, for example) instead of the traditional doors found on other private planes. Airbus
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:
Aircraft brokers make it their goal to become trusted advisors to the buyer. A professional Aircraft Broker will not only present the most current and desirable available aircraft on the market; they will also guide the buyer throughout the entire transaction, including price negotiations, as well as recommendations for 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.
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
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.
Convenience - There are over 5,000 airports in the US that private planes can use (vs 500 airports for larger commercial aircraft). This means you can often land closer to your true destination. In the summer of 2006 the ban on liquids caused all sorts of inconveniences for people flying commercially, but private flyers avoided all this. Private planes also mean that you can travel with your special belongings such as instruments, sports gear, product samples or bring your pet in the cabin.
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.
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.
At 102 in (259 cm), the G650ER has the widest cabin yet but should be joined by the Falcon 5X (a Global 5000/G500 competitor) and its replacement, and the 4,500 nmi (8,300 km) Citation Hemisphere in 2021; at 98 in (249 cm), the Global 7000/8000 is wider than the 95 in (241 cm) Global 5000/6000, the same as the Gulfstream G500/G600 and the Canadair Challenger, while the Dassault Falcon 8X is 92 in (234 cm) wide and the G450/G550 88 in (224 cm).