Because the cost of a high-end modern private aircraft may be tens of millions of dollars, lending for aircraft purchases is accompanied by a security interest in the aircraft, so that the aircraft may be repossessed in event of nonpayment. It is generally very difficult for borrowers to obtain affordable private unsecured financing of an aircraft purchase, unless the borrower is deemed particularly creditworthy (e.g. an established carrier with high equity and a steady cash flow).
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.
Prospective aircraft buyers often look for jets for sale by searching Google, gathering information on various makes & models and their performance characteristics, and on condition, age, price and other information about specific jets for sale. Most private airplane buyers use standard phrases like: "airplanes for sale", "private jets on sale" or "airplanes on market" for their search.
Overseeing every detail of your trip are handpicked A&K staff members, including the Tour Director and Tour Managers. These globe-spanning experts travel with you from start to finish to keep things running smoothly while the finest local guides join you in each destination to add a personal perspective to every encounter. A dedicated Luggage Manager also accompanies your journey, overseeing the handling of your luggage between each destination as part of A&Ks Travelling Bell Boy® service.
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
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.
On 1 April 2017, there were 22,368 business jets in the worldwide fleet, of which 11.2% were for sale. 5-year old aircraft residual value level is at a 56% of the list price. A new business aircraft depreciate by 50% in five years before depreciation flattens between years 10 and 15, and the owner of a 15 to 20 years old is often the last, matching luxury cars.