First Class Interiors. Wednesday , May 16th , 2018 - 17:27:13 PM
The supply of private aircraft on the market currently is high in historical perspectives and the relatively soft current demand has pushed prices of preowned private aircraft to all time lows. At the same time as private aircraft manufacturers want to keep their operation at full capacity they are offering great sales incentives to buyers right now. Those recent trends have caused a modest uptick in private jet sales as buyers are taking advantage of the market oversupply. Aviation consultants and industry professionals have reported seeing a recent rise in the number of first time private plane buyers brought into the market by today`s relatively bargain prices for private jets.
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.
How can one determine the relative advantages of charters jet card user status fractional ownership as compared to private jet ownership and which makes the most sense for you? The decision to buy a private aircraft is driven by three considerations: status financial and operational. The status issue is purely and completely a personal one and can only be judged by the persons themselves. The financial issue relates to potential savings in direct travel costs or possible tax benefits of outright ownership as compared to alternative means of private flight travel typically charters jet card or fractional ownership - used currently by the prospective buyer.