With the well documented issues in commercial flying more and more people have found reasons to turn to private aircraft.
There are a variety of options to consider. The starting point is how often you want to fly privately.
Once you reach about 50 hours of flying a year then fractional aircraft ownership can start to make sense and above 400 or so hours per year whole ownership is worth looking into.
All of the major providers have expanded over the last few years. Many now offer a wide range of products and solutions to meet the needs of various clients. If you're looking at the different options then download our Guide to Private Aviation, which compares the products and providers.
The latest news and research on private jets and aircraft is included below.
The Citation CJ3, also known by its model number 525B, was first delivered in 2004 and was the third model in the line up of the popular CitationJet, abbreviated to CJ series. This article walks through the specifications and the various costs of ownership for the CJ3, including a scenario that includes charter revenue.
As the market for large cabin private jets continues to grow, new lenders are emerging to help individuals and corporations finance their aircraft acquisitions. Global Jet Capital started last year and offers a variety of financing options, including operating leases.
If you're weighing up whether to buy your own private aircraft or whether to buy a fraction, the simplest advice you'll hear is how much do you fly? But this is just a basic starting point. The real deciding points are how are you going to use it, what is your budget and what are your personal travel preferences.
If you own your own aircraft or if you're considering buying one, the choice of an aircraft management company is probably one of the most important decisions you'll need to make. This article walks through the things to consider in making this selection.
The trend seen in 2013 of more larger aircraft being sold appears to be continuing. Led by both a slowly growing global economy, as well as an increase in billionaires worldwide, the average asking prices for heavy jets have steadily increased since 2012, reaching a $15.4 million peak in April (according to AMSTAT).
Sentient Jet is offering a limited quantity, special edition 25-Hour Jet Card beginning November 24, 2014 through December 31, 2014. Card buyers receive an exclusive holiday package valued at over $9,000.
The company recently announced that it has obtained its CCAR-135 operation certificate from the Civil Aviation Administration of China. This allows NetJets to begin offering private aircraft charter services in China. NetJets is the first global private aviation brand to begin operating in China.
Fractional and jet card operator Flexjet recently announced a relationship with Gulfstream for up to 50 aircraft. These include the new Gulfstream G500, for which Flexjet will be the North American launch customer and sole and exclusive fractional provider offering access to the aircraft.
"What is the cheapest way to fly in a private plane?" We've heard and been asked this question many times over the years. So to be very clear, flying privately is not cheap. As a general rule, commercial air travel is a more economical option for travelers. However, there are some controllable factors that do affect pricing.
There are several providers of fractional light jet programs and between them these providers offer a variety of aircraft. Here's an overview and comparison of some of the key aspects of the programs.
If you are looking to assess the various private jet options, SherpaReport's fully updated "Guide to Private Aviation" is now available. The updates include the latest trends, prices, and products offered in private aviation. Now in its fourth year, the "Guide to Private Aviation" is a free downloadable guide that provides valuable information for anyone considering and assessing fractional ownership, jet cards or aircraft charter.
Introduced in 2006 as an upgrade to the Challenger 604, the Bombardier Challenger 605 business jet is produced by Bombardier Aerospace. The 605 offers several upgrades to the 604, including upgraded instrumentation to the Collins Proline 21 Avionics, a rounder tailcone, and larger cabin windows. This article walks through the various costs of ownership for the 605.
Here's an 8 day trip to Florence, Venice and vineyards in Tuscany. Guests will stay in palaces and dine with noble Italian families in their own homes. The trip includes private guided tours of both world renowned museums and also hidden away cultural masterpieces.
Avinode, a company that provides charter quotes on more than 3,000 aircraft in their marketplace, has recently released data showing that charter jet rates are continuing to rise in the US and Canada.
SherpaReport has just released a brand-new searchable and browsable directory of all the US airports. The online directory includes commercial airports, private airports, and helipads, and is sorted by state. You can use it to find the nearest airport to you or your destination. It is especially useful if you're flying privately and can access the thousands of airports that commercial flights do not serve.
Flying internationally always requires more planning than domestic travel, even when flying on private aircraft. Before leaving, be sure to know what all of the specific rules are. Your aircraft operator or broker will help, but here are some general guidelines for flying internationally on private aircraft.
If you’re used to flying first class on commercial flights, then you may be wondering about taking the next step to a private jet. Here’s a run down on some of the key differences, including some price comparisons for certain trips.
PlaneSense, a Portsmouth, NH based fractional-ownership company, took delivery of their 50th Pilatus PC-12 on May 17th, 2014. PlaneSense was founded in 1996 and has partnered with Pilatus for almost 20 years.
If you are looking to try an aircraft out without buying, or if you need access to a private aircraft for a limited time, Tyrus Wing's "Try Before You Buy" program may be the solution. This short term lease program is an alternative to buying or chartering. Jets can be leased for any duration of your choice - 1 month, 3 months, 6 months, 1 year, or longer. The service can be useful in a variety of different situations, from those who require all of the benefits of aircraft ownership but without the worry of depreciation, to banks and financial institutions who'd like to earn income from under-used or re-possessed assets, and operators wanting to add aircraft to their fleet without having to buy an aircraft.
Latest Aviation Research
- The Costs to Own and Operate a Cessna CJ3
- Deciding between Fractional Aircraft vs Whole Ownership of a Plane
- Aircraft Management – Choosing a Provider
- Growth in the Large Jet Market
- Overview of Fractional Shares in Light Jets
- Guide to Private Aviation Updated With Latest Information
- The Costs of Buying and Operating a Challenger 605
- Data Shows Charter Jet Rates Continue To Rise