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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.
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.
Aircraft charter rates vary by size of aircraft distance location weather flown etc. For instance an advertisement agency may charter a flight to an island with no proper landing runway or an oil company may charter a helicopter to fly surveyors to an oil rig on the sea - here depending on the risk factor prices may vary. But as you will notice you probably wouldn`t get a Lufthansa or a Delta flight to that uninhabited island or that oil rig leaving you with no other option but to charter an aircraft.
This is where a little of research comes in handy. By knowing how aircraft charter rates are calculated i.e. hours of use mileage etc you might be able to shave off a few dollars. It`s also very important to research the aircraft charter before you hire - you should be looking at an impeccable track record and a responsible attitude from the staff.