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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.

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.

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.

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