First Class Interiors. Friday , May 18th , 2018 - 15:08:12 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.
The supply of private aircraft on the market currently is high in historical perspectives and the relatively soft current demand has pushed prices of preowned private aircraft to all time lows. At the same time as private aircraft manufacturers want to keep their operation at full capacity they are offering great sales incentives to buyers right now. Those recent trends have caused a modest uptick in private jet sales as buyers are taking advantage of the market oversupply. Aviation consultants and industry professionals have reported seeing a recent rise in the number of first time private plane buyers brought into the market by today`s relatively bargain prices for private jets.