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.
The notion of supersonic transit has appealed to man since long before the sound barrier was first broken by Chuck Yaeger in October of 1947. Since that time, it has become almost routine for military aircraft to break the speed of sound, but for more traditional travelers, supersonic cross-oceanic flight has been little more than an aspiration. That's all about to change, however, and Aerion looks to be the company that will deliver first.
Following on the heels of a $1.3 billion order in 2010 and a $6.7 billion purchase in 2011, the fractional ownership firm NetJets recently placed two separate deals for Bombardier and Cessna planes totaling $9.6 billion. NetJets plans to introduce as many as 425 new aircraft to their global fleet.
ARGUS, the leading audit organization for aircraft operators around the world, has recently re-awarded its Platinum Rating, the highest level of safety ratings, to private aviation company Flight Options. This means Flight Options has now held this award for 12 consecutive years.
Research group Ascend recently published their annual report on Business Aviation Safety. Business jets continued the trend for improving safety that has seen the accident rate more than halve in the past 10 years.
Jet cards have become an increasingly popular way of accessing private aviation. They provide confirmed levels of pricing, aircraft types and access. One thing to be aware of is the peak travel days that have slightly different reservation and travel requirements.
The company recently launched Europe's first direct financing product for the fractional aircraft industry. This follows the successful launch of financing in the USA, which the company started in 2010.