First Class Interiors. Friday , May 18th , 2018 - 12:48:32 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.
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.
If you utilize the same category of aircraft for your flights at least 80 percent of the time private ownership can also make economic sense. However if your mission changes regularly traveling long range on some flights short to mid-range on others sometimes with just one or two colleagues other flights with a whole team then looking to purchase a private airplane would not make much sense no matter how sweet the deal because one category of aircraft would not serve the majority of travel needs. Charter could be better for this scenario because you can always select the right aircraft for each flight. Some fractional ownership programs and jet cards allow customers to select among three or four aircraft categories (light mid-size super-midsize and large cabin/long range jets) and use more than one aircraft simultaneously providing another option for fliers who need access to several categories of aircraft.