In 1999, Bombardier introduced a new type, the Challenger 300, as part of the growing "super-midsize" private jet class. The Challenger 300 – and later Challenger 350, introduced in 2013 – competes with aircraft including the Cessna Citation X and Gulfstream G280. The Challenger 350 carries passengers 3,200 nautical miles non-stop at a cruise speed of Mach 0.80, and features the widest, purpose-built super midsize aircraft cabin with both a flat floor, and in-flight baggage access.
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.
At Charter Jet One, we are dedicated to providing our clients with door-to-door service. This means our flight concierge services can arrange ground transportation before your departure and after your arrival. On the strength of a worldwide network of transportation providers, Charter Jet One arranges ground travel in more than 480 cities worldwide.
Every aspect of our operations at PACI revolves around a steadfast commitment to safety. To ensure maximum safety for our customers, all aircraft operated by PACI are IS-BAO Registered, ARGUS Platinum Rated, Wyvern Approved and have a robust Safety Management System (SMS) and a comprehensive Emergency Response Plan (ERP). All charter flights are tracked by FAA licensed dispatchers in our 24/7 Operation Control Center. Pentastar Aviation meets the maximum industry safety standards.
When it comes to small planes, weight matters. Don't be surprised when your contact emails you for all passenger weights, and when the pilot organizes seating by weights. (You don't want the three biggest people on the right side, for instance.) Similarly, don't expect to bring two weeks of stuff for a weekend, and definitely mention if you're planning on bringing golf clubs or skis. If they don't fit, check out ShipSticks or LuggageForward, which sends your equipment beforehand for a relatively small fee.
Over the past several years, global economic conditions led to record levels of pre-owned private aircraft listed for sale, ranging from smaller, propeller-driven airplanes to the largest, most advanced, and most luxurious intercontinental business jets. This truly resulted in a ‘buyer’s market,’ with purchasers able to select from a high number of quality aircraft, often for comparatively low prices.
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.
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.