Conversely, the aircraft's residual value at the end of the lease is an important consideration for the owner. The owner may require that the aircraft be returned in the same maintenance condition (e.g. post-C check) as it was delivered, so as to expedite turnaround to the next operator. Like leases in other fields, a security deposit is often required.
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).
Some prefer more specific terms that may include a manufacturer’s name along with the aircraft model number, and configuration features such as a distinct cabin layout or upgraded avionics package. However, even using very specific terms when searching for aircraft for sale online may miss some listings due to variations in identification; for example, “Gulfstream G550” vs. “Gulfstream G-550.” More inclusive searches, such as “Gulfstream, large-cabin jet” yield more results.
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.
More likely, travelers would be conducting business if spending this type of cash to dart between points around the world. Fiber-optic lighting is built into the carpeting, and curved walls are meant to create a more welcoming, residential feel. Generally, Airbus corporate jets like the ACJ319 can be in the same ballpark price range as top-of-the-line business jets from Bombardier and Gulfstream. Airbus
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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
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
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.
Charter operators own or manage private jets for multiple clients. Like traditional flight departments, charter companies handle all aspects of aircraft operation and maintenance. However, they are not aligned with just one corporation. They manage aircraft for a private owner or corporation and also handle the sales of available flight time on the aircraft they own or manage. Maintenance services can also be provided which typically include on-site or mobile repair, major and minor routine inspections, troubleshooting assistance away from base, avionics installation and repair, jet engine and battery service, interior modifications and refurbishment, Inspection Authority (IA) qualified inspectors, aircraft planning and budgetary projections, compliance with service bulletins, aircraft storage management, record keeping and management, technical appraisal of private jet purchases, leases and lease terminations, and Part 91 or Part 135 conformity inspections.