First Class Interiors. Wednesday , May 16th , 2018 - 16:54:42 PM
Owning a private airplane is far more than simply a matter of saving money over other forms of private air travel or even taking advantages of opportunities that would be unavailable otherwise. The advantages of private jet ownership can make financial considerations secondary and these benefits should also be weighed when considering whether to buy a private aircraft.
First of all you should find a charter company that is willing to take the time to answer all your questions. Question carefully as to the capacity and fuel requirement of each craft before deciding which is the best and most cost effective option. Also get a second opinion. Private jet charters are not above a little psychological selling. For example company A may insist that your destination airport because of its location or surface needs a special type of aircraft e.g. chopper for spot landing etc. If you are not aware of airport facilities inquiring directly at the airport or even asking another charter might help you avoid paying higher aircraft charter rates.
But calculating the point at which ownership is less costly than other options isn`t simply a matter of toting up flight time and determining hourly costs. The kind of flying you do the places you go the number of travelers on the aircraft also play a role in the economics of ownership. For example ownership is much more cost effective if you primarily fly round trips avoiding deadheading costs or multi-day hangar and ground handling fees and airline tickets home and back for the flight crew. If you primarily fly one way a fractional ownership share or a jet card could be a better solution than full ownership because fractional and jet card costs are based on one-way flights.