Private Jet Plane For Business

Private jet cost of ownership is very high, excessively high. Consider that the purchase of a jet will cost millions. Then there is the executive jet service requirements like pilots, maintenance, fuels, fees, insurance, staff, etc. Most jet ownership is short as the owner realizes the true cost of ownership, then they sell out. Especially, when a financial turn is for the worse. An A-List movie star or athlete can afford a business jet aircraft for the years income is rolling in, but when the inevitable dips come, the aircraft is the first thing to go.

Corporate Aircraft Ownership

About the only entities that can afford the cost of private jet ownership are large corporations. As the company pays all the expenses for executive jet aviation, the company's executives can travel in luxury. However, in recent years this perk is taking a huge hit by stockholders and even Congress, as the expense is hard to justify.

Private Aircraft Ownership

One of the most economical forms of owning a jet plane is to opt for fractional ownership. Buying into a fractional ownership airplane is actually buying into a fleet of jets. Technically one will have a share in a fractional aircraft, but with fractional ownership one will be able to use the entire fleet of jets. One buys a share of a fractional jet and then can call for a jet usually with a five to seven hour notice to any airport in the continental US. A service and hourly fuel charge will typically be charged for each trip. Netjet is a fractional jet ownership program.

Another form of private airplane "ownership" is a membership plan. Like fractional ownership, but one does not have to buy a share of a plane. Rather one buys into a program and they utilize the fleet at a flat rate for hours flown. There is an upfront cost but that is for a deposit of hours to used, like a debit card. Sentient is such a private jet service.

Private airplane ownership has options that can make more fiscal sense for both corporations and individuals using a private jet plane.

More Private Aircraft Information

Tribalaviation.info presents a lot information about private jets. Topics covered include categories like fractional air and information on private jet rental.

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