First Class Interiors. Friday , May 18th , 2018 - 13:25:49 PM
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.
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.