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
In addition to luxurious cabin fittings and a host of amenities, many of today's private jets also in-flight connectivity systems allowing passengers to connect to the Internet in much the same manner as they would in their own homes and offices, allowing busy CEOs to conduct important business meetings at 40,000 feet. Whether it's visiting multiple clients or offices in a single day, or carrying your family to a top-level vacation destination, private jets provide an incredibly fast, safe, and secure travel alternative for you, your friends and family, and your employees, all in unmatched style and luxury.
Customers spend time with a full-service design team to decide how they want to outfit the plane’s interior. Interiors can be customized to align with the branding of a company, the tastes of an owner, or the operational needs of the flight department. Some notable interior options for the Citation Longitude are the side-facing couch, optional crew jump seat, and solid surface flooring. The Longitude offers an inflight-accessible baggage compartment, and its ceiling extends to 6 feet, making it easy for most people to stand up. Textron Aviation
PrivateJets.com is an online charter marketplace brought to you by Sentient Jet, the largest arranger of private air charter in the U.S. Sentient was founded in 1999 and has over ten years of leadership and experience in private aviation. PrivateJets.com was created to provide a comprehensive online resource for all types of private jet travelers.
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.
In a wet lease arrangement, the financing entity, or lessor, provides the aircraft, and complete crew, maintenance and insurance (ACMI) to another party at a cost based on hours of operation over a set time period. The lessee pays for fuel, airport fees, duties, taxes and other operational costs. Wet leases generally are established for one to 24 months. (Any shorter period would be considered simply ad hoc charter, which can be thought of as wet lease by the hour or mission.) In the commercial airline world, wet leases are typically utilized to provide supplemental lift during peak traffic seasons or during annual heavy maintenance checks. In the United Kingdom, a wet lease is employed whenever an aircraft is operated under the air operator's certificate (AOC) of the lessor.
Diener recommends checking out FlyVictor.com, as it compares the cost of private jet travel across different airlines. He says that JetSuite.com is the best known for last-minute deals. You may also want to consider having a broker do the heavy lifting for you, says Trance; brokers typically work on commission, so ask them what their commission is before booking and how you pay it, and tell them your all-in price tolerance ahead of time.
Under American and British accounting rules, a finance lease is generally defined as one in which the lessor receives substantially all rights of ownership, or in which the present value of the minimum lease payments for the duration of the lease exceeds 90% of the fair market value of the aircraft. If a lease is defined as a finance lease, it must be counted as an asset of the company, in contrast to an operating lease which only affects the company's cash flow.
With an experienced and courteous team, SC Aviation offers FAA Part 135 private jet charter services to/from Madison, Wisconsin for special events, business trips and vacations. In addition to our team of pilots and aircraft technicians, we also have charter flight coordinators who will ensure that your flight is hassle-free while prioritizing your safety. And, we offer complete concierge services, so you can avoid security lines, crowded terminals and lost luggage.
After your initial enquiry you will be assigned a personal charter expert who will send you a selection of quotes for you to choose from. Each quote will have a clear breakdown of aircrafts and airports and reasons they have been selected for you. Should you wish to go ahead they will then book the aircraft and send you all the flight details including directions to the terminal and any other important information. They will be your first point of call for any further enquiries you may have up to the flight and, if possible, they will meet you at the terminal. From your initial quote you will be able to contact your account manager 24/7 (if on holiday you will be assigned another account manager to cover) so you can call from wherever, whenever you like.
Charter companies offer a tailored service in which the client has a choice of meals, drinks, staffing levels and additional services. Tour companies aim to maximize profits, so public charters usually only provide a very basic service to passengers, with a cheap -- or no -- meal, minimal staffing and low baggage allowances. With a private charter, organizations can take advantage of options such as video conferencing, business services and corporate branding. In-flight meals are of a better quality, and passengers do not have luggage restrictions. With public charters, passengers still have to stand in line for check-in and security, so they need to be at the airport two to three hours before the flight. With a private charter, you can pass straight through security and onto the aircraft.