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.
As the market for large cabin private jets continues to grow, new lenders are emerging to help individuals and corporations finance their aircraft acquisitions. Global Jet Capital started last year and offers a variety of financing options, including operating leases.
If you're weighing up whether to buy your own private aircraft or whether to buy a fraction, the simplest advice you'll hear is how much do you fly? But this is just a basic starting point. The real deciding points are how are you going to use it, what is your budget and what are your personal travel preferences.
If you own your own aircraft or if you're considering buying one, the choice of an aircraft management company is probably one of the most important decisions you'll need to make. This article walks through the things to consider in making this selection.
The trend seen in 2013 of more larger aircraft being sold appears to be continuing. Led by both a slowly growing global economy, as well as an increase in billionaires worldwide, the average asking prices for heavy jets have steadily increased since 2012, reaching a $15.4 million peak in April (according to AMSTAT).
Sentient Jet is offering a limited quantity, special edition 25-Hour Jet Card beginning November 24, 2014 through December 31, 2014. Card buyers receive an exclusive holiday package valued at over $9,000.
The company recently announced that it has obtained its CCAR-135 operation certificate from the Civil Aviation Administration of China. This allows NetJets to begin offering private aircraft charter services in China. NetJets is the first global private aviation brand to begin operating in China.
Fractional and jet card operator Flexjet recently announced a relationship with Gulfstream for up to 50 aircraft. These include the new Gulfstream G500, for which Flexjet will be the North American launch customer and sole and exclusive fractional provider offering access to the aircraft.
"What is the cheapest way to fly in a private plane?" We've heard and been asked this question many times over the years. So to be very clear, flying privately is not cheap. As a general rule, commercial air travel is a more economical option for travelers. However, there are some controllable factors that do affect pricing.
If you are looking to assess the various private jet options, SherpaReport's fully updated "Guide to Private Aviation" is now available. The updates include the latest trends, prices, and products offered in private aviation. Now in its fourth year, the "Guide to Private Aviation" is a free downloadable guide that provides valuable information for anyone considering and assessing fractional ownership, jet cards or aircraft charter.