For $5.25 million, the HondaJet Elite is the fastest and highest-flying plane in its category of very light jets. Its fuselage features a unique Over-The-Wing Engine Mount (OTWEM) configuration, Natural Laminar Flow (NLF) nose and wing, and composite fuselage, which improve performance and efficiency. It is more fuel efficient and emits less greenhouse gases than other similarly sized twin-engine business jets. HondaJet
Fliers with flexibility should sign up for empty-leg email lists of companies like Magellan Jets, who regularly send out emails selling discounted flights from, say, the plane of a corporate exec who flew to Los Angeles but is looking to offset his cost of getting the plane back to New York. “I wouldn’t say that the cost of flying private has gone down, but there are new ways of pricing charter that makes it more accessible,” says David Zipkin, co-founder and VP of Tradewind, the service known for semi-private flights in the Northeast and Caribbean. “In our case, we save people money with our shared charters, and we also sell discounted empty legs.”
As Rachel Raymond from West Orange, N.J., tells it, the day last August when she flew on a private jet ranks as one of the most unreal experiences of her life. Ms. Raymond, and her husband, Daniel, along with their three children, took a flight in a seven-seat jet, a Cessna Citation III, complete with two pilots and a well-stocked bar, from Westchester County Airport, in White Plains, N.Y., to upstate Saratoga Springs. The Raymonds had decided to take an impromptu trip to Lake George because they had found a last-minute deal where they could fly on that route for only $500.
Extendible operating lease: Although an EOL resembles a finance lease, the lessee generally has the option to terminate the lease at specified points (e.g. every three years); thus, the lease can also be conceptualized as an operating lease. Whether EOLs qualify as operating leases depends on the timing of the termination right and the accounting rules applicable to the companies.
If you’re flexible both on when you fly and where you fly, you’ll likely get the best deals, says Trance. Call the company and ask about the cost differences between, say, a Saturday and a Tuesday and see if you can fly into a nearby airport. Fridays and Sundays tend to be the most expensive times to travel, says Justin Sullivan, the co-founder of FLITE Air Taxi. And, of course, last-minute deals can be significant so it may be worth waiting until about 72 hours before you want to fly to find deals, says Trance, though this is, of course, risky.
Cessna simultaneously developed the Citation Mustang,[22][19][20] a six-place twinjet (2 crew + 4 passengers), followed by the Embraer Phenom 100[22][19][20][21] and the Honda Jet.[19][21] They have a maximum takeoff weight lighter than the FAR Part 23 12,500 pounds limit, and are approved for single-pilot operation. They typically accommodate 5-7 passengers over a 965 nmi average range, with a $3.6M mean price. Some VLJs such as the Eclipse and Mustang have no or limited lavatory facilities.[23]
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.

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© 2018 ACS arranges flights on behalf of our clients with FAR Part 135 direct air carriers that exercise full operational control of charter flights at all times. Flights will be operated by FAR Part 135 direct air carriers that have been certified to provide service for ACS charter clients and that meet all FAA safety standards. ACS are not an aircraft operator. ACS 4.95 out of 5 based on 5 ratings. 5 user reviews. © 2018 Air Charter Service Inc. (NA HQ) 1055 RXR Plaza, Uniondale NY 11556. New York: +1 516 432 5901 | Air Charter Service Inc. 1441 Broadway, 5th Floor, New York, NY 10018. New York: +1 212 661 5568 | Air Charter Service California Inc. 11150 Santa Monica Blvd, Suite 1020, Los Angeles CA 90025. Los Angeles: +1 310 205 8959 | Air Charter Service Texas Inc. 515 Post Oak Boulevard, Suite 710, Houston TX 77027. Houston: +1 281 552 8386 | Air Charter Service (Florida) Inc. 2 South Biscayne Blvd, Suite 3770, Miami, FL 33130. Miami: +1 786 661 2302.
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.
Finance leasing is attractive to the lessee because the lessee may claim depreciation deductions over the aircraft's useful life, which offset the profits from the lease for tax purposes, and deduct interest paid to those creditors who financed the purchase. This has made aircraft a popular form of tax shelter for investors, and has also made finance leasing a cheaper alternative to operating leases or secured purchasing.
In the United States, business aircraft may be operated under either FAR 91 as private operations for the business purposes of the owner, or under FAR 135 as commercial operations for the business purposes of a third party. One common arrangement for operational flexibility purposes is for the aircraft's owner to operate the aircraft under FAR 91 when needed for its own purposes, and to allow a third-party charter-manager to operate it under FAR 135 when the aircraft is needed for the business purposes of third parties (such as for other entities within the corporate group of the aircraft's owner).[16]
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