In March this year, SherpaReport looked at how the market for new business jets showed signs of a strong recovery, from a pandemic induced fall in 2020. In this article, we follow up by exploring the current, booming state of the market for pre-owned business jets.
SherpaReport talked to two experts in the field of fractional aircraft agreements to find out which terms are negotiable. Between them these advisors have seen hundreds of fractional contracts. Here’s a rundown on the areas to look at if you are buying a share in an aircraft.
Private aviation is an attractive alternative to commercial air travel for both business and leisure travelers. But the array of services can be rather daunting to someone who is considering it for the first time. This article provides an introduction to private aviation, designed to help you understand why and how to get the most from your next private plane journey.
The latest data from the General Aviation Manufacturers Association (GAMA) shows unit business jet deliveries increased last year. The annual databook reported 703 new business jets sold worldwide in 2018 compared to (a slightly revised) 677 unit sales in 2017. The increase was helped by several recent model introductions. Here are some of the highlights and the sales by manufacturer.
Two people had recently asked me about buying a private jet. Neither of them had owned one before but they had both been given a similar pitch. In each case, the broad offer was: buy a plane, take 100% depreciation, charter it out and have 30-40 hours of free use. So, here’s a look at how viable this concept is.
If you are chartering a private plane for the first time, or even if you have previously chartered, there are several aspects to think through. A lot depends on the number of passengers, and your destination and any special requirements. This article explains the key factors to consider when chartering an aircraft.
The sales data from the General Aviation Manufacturers Association (GAMA) shows unit business jet deliveries in 2017 grew slightly last year. The annual databook reported 676 new business jets sold worldwide in 2017 compared to (a revised) 667 unit sales in 2016. The increase was helped by several new models entering full service during the year. Here are some of the highlights and the sales by manufacturer.
Jet cards have been getting a lot of press lately, and with good reason. For the right type of flyer, they can save both money and time. But a private jet card may not be the best option for you. It really depends on your flights, and where you fly, how often you fly and when you fly. In this article, we take a look at jet cards and the various alternatives.
Pilatus announced the development of the PC-12 at the annual National Business Aviation Association (NBAA) convention in October 1989. Pilatus believed that the PC-12 would fit a new market not served by existing aircraft, namely the King Air series aircraft, and it would be the first single-engine, turbo-prop aircraft capable of a large cabin volume, flying at high speed across long distances.