First Class Interiors. Friday , May 18th , 2018 - 12:50:23 PM
If your wonder how the above or other issues you may have considered and wonder if a private jet purchase would make sense consulting an expert aviation professional for advice is the best possible step to take. The private aircraft sale process is a complex transaction requiring input from an aircraft professional a tax advisor and a legal consultant and involves complex negotiation detailed extensive paperwork and takes significant time and possibly multiple document revisions as mistakes in aircraft selection or negotiations can be very expensive. Working with an experienced aircraft broker aviation attorney and others who specialize in the purchase and sale of private aircraft will ensure you make the right choice and pay the best possible price for your private airplane.
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.
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.