Best small Jet AirplaneThe best small jet aircraft
All the following issues just scrape the face of what a potential purchaser needs to know when purchasing a corporate jet. However, it is a start, but a purchaser can refer to a Jet Broker/Acquisition Advisor to identify which jet is best for him. How far is your trip typically?
Purchasing a jet with a cruising distance of more than 3,000 mile makes no business if 90 per cent of your travel is within the United States. If more than 10 per cent of your flight exceeds 3,000 mile, a jet with a capacity of 6,000 to 8,000 mile may be recommended non-stop.
Think also of the fact that remoteness is good for you. Possessing a jet will save your valuable amount of travel that can be used to extend your geographic reach 3,000 mile beyond your home charter area. One big problem is how much space is sufficient. The more you stay at your goal, the higher the expenses. Expenses for a home hanger are not compensated by the expenses for the hanger of a place of use.
What can an owners compensate by making his jet available for charter? Yacht chartering is a way to cut cost, but not one that will likely eliminated it. In essence, chartering brings you into the mainstream of today's profitable charter industry. Moreover, more than the carriers, charter is a cycle activity; in some years it is high, in others not so high.
After all, with the increasing use of an airplane, there is an acceleration in write-off. Conversely, it makes financially good to charter your airplane if you, as an agent, are flying the airplane less than 150 hrs per workweek, observed Bud Ackerman, a privately held jet brokers and canvasser. What's the point of travelling in a personal jet instead of first grade?
1st Class travellers are charged for one ticket. Getting a first-category flight between Los Angeles and New York with one person is much less expensive (e.g. $1,600 per leg), not so much for ten (e.g. $16,000 per leg). Conversely, the scale of a privately owned jet needed to travel non-stop across the Pacific makes firstclass flying aboard a 600 plus aircraft an economical no-brain.
Comfort and leisure are the great benefits of the jet. Personal aviation removes airlines, makes the owners responsible for schedules, houses baggage that is not provided by corporate aircraft, and provides kitchen and other facilities that are not provided by corporate aircraft. Smaller planes can also arrive at aerodromes that can't handle regular aircraft, a big plus for time-sensitive businessmen.
Are there any pros and cons of having airplanes compared to hiring a jet? Hiring an airplane means hiring an airplane, so it is understandable that the flight expenses per person are usually more for a chartersman than for an airplane proprietor. Charters typically are $2,800 per 1 hr for a lightweight jet, $3,900 per 1 hr for mid-size and $4,500 or more per 1 hr for large jet.
But for the hirer the cost already ends there. According to the National Business Aviation Association, the cost to the owner of a jet for operation and maintenance is between 700,000 and 4 million US dollars. The charter provides a flexible approach to the number of accommodating guests and the non-stop reach of the airplane. In this case the purchaser buys a small part of a jet or jet model and not an airplane.
Passengers are entitled to an airport ticket for the duration of their stay. E.g. an eight will buy 100 hrs fly, an eight 50 hrs, etc. In contrast to full possession, however, partial possession does require prior notification before the aircraft takes off. Further topics are agreements when not all available working times are used, the costs for working times exceeding the allocation per working day, and the costs when a journey lasts less than one of these.