First Class Interiors. Thursday , May 17th , 2018 - 04:17:59 AM
The safety and security of outright ownership is another benefit that transcends cost considerations. As the owner of the aircraft you know the crew and the configuration of the aircraft. In fact some corporate executive insurance policies stipulate travel and security conditions and provisions for key executives that practically dictate travel by private jet.
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.
There are many ways this transaction can take place but it`s important that the charter client be aware of how the broker will be compensated for their services. This is a simplified summary of how the charter process works when using a broker to arrange for travel on your behalf. Be aware that all operators and brokers have their own way of doing things and the best way to find out how they do it is to simply ask them to explain it to you.