With the well documented issues in commercial flying more and more people have found reasons to turn to private aircraft.
There are a variety of options to consider. The starting point is how often you want to fly privately.
Once you reach about 50 hours of flying a year then fractional aircraft ownership can start to make sense and above 300 or so hours per year whole ownership is worth looking into. Here is some core information to help you understand the options.
All of the major providers have expanded over the last few years. Many now offer a wide range of products and solutions to meet the needs of various clients. If you're looking at the different options and would like a good general overview then download our free Guide to Private Aviation, which includes details on charter, jet cards and fractional ownership. For detailed side by side comparisons of the leading jet card and fractional providers, and a directory of charter operators, then sign up for membership.
The latest news and research on private jets and aircraft is included below.
SherpaReport has just released a brand-new searchable and browsable directory of all the US airports. The online directory includes commercial airports, private airports, and helipads, and is sorted by state. You can use it to find the nearest airport to you or your destination. It is especially useful if you're flying privately and can access the thousands of airports that commercial flights do not serve.
Flying internationally always requires more planning than domestic travel, even when flying on private aircraft. Before leaving, be sure to know what all of the specific rules are. Your aircraft operator or broker will help, but here are some general guidelines for flying internationally on private aircraft.
PlaneSense, a Portsmouth, NH based fractional-ownership company, took delivery of their 50th Pilatus PC-12 on May 17th, 2014. PlaneSense was founded in 1996 and has partnered with Pilatus for almost 20 years.
If you are looking to try an aircraft out without buying, or if you need access to a private aircraft for a limited time, Tyrus Wing's "Try Before You Buy" program may be the solution. This short term lease program is an alternative to buying or chartering. Jets can be leased for any duration of your choice - 1 month, 3 months, 6 months, 1 year, or longer. The service can be useful in a variety of different situations, from those who require all of the benefits of aircraft ownership but without the worry of depreciation, to banks and financial institutions who'd like to earn income from under-used or re-possessed assets, and operators wanting to add aircraft to their fleet without having to buy an aircraft.
For customers looking for a more customized solution for their next jet card, Magellan Jets has just announced a new "Build-A-Card" program. The system allows customers to choose their own preferences to put together the perfect option for their specific traveling needs. Customers are offered a variety of options to choose from for jet category, amount of hours, and two additional add-ons, including no peak surcharge and 1.5 hour minimums.
The General Aviation Manufacturers Association (GAMA) has recently released their 2013 General Aviation Statistical Databook & 2014 Industry Outlook. The report included data on sales of new business jets in 2013, which showed a small 0.9% increase in the number of planes sold, from 672 in 2012 to 678 in 2013.
JETNET, a provider of corporate aviation data and information, recently released 2013 year-end results for the pre-owned business jet, business turboprop, helicopter and commercial airliner markets. The data continues to show a buyer's market, but with a continued drop in for-sale inventories across all pre-owned market sectors with the exception of turbine helicopters.
Private jet company, Nicholas Air, was founded in 1997 by Nicholas Correnti as an aircraft management company. Over the years, they've added an array of private jet programs, including a jet card, a fractional jet share, and an aircraft lease program. Nicholas Air operates in and out of 9,000+ airports in the US, and has had 17-years of accident-free operations. Their fleet of Pilatus PC-12s, Phenom 100s, and Phenom 300s are 5 years or newer and allow customers to choose the most economical aircraft for their mission.