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Private Jet

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.

If you only fly a few hours a year then on demand aircraft charter is probably the best way to go. As your number of hours of private flying increases look at charter cards and fractional cards.

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.


 

Flexjet Orders $1bn of Gulfstream Long Range Jets

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.

Read more: Flexjet Orders $1bn of Gulfstream Long Range Jets

The Cheapest Way to Fly Privately

"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.

Read more: The Cheapest Way to Fly Privately

Overview of Fractional Shares in Light Jets

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.

Read more: Overview of Fractional Shares in Light Jets

Guide to Private Aviation Updated With Latest Information

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.

Read more: Guide to Private Aviation Updated With Latest Information

The Costs of Buying and Operating a Challenger 605

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.

Read more: The Costs of Buying and Operating a Challenger 605

CitationAir to Cease Flight Operations

CitationAir is planning to end all its flight operations on Oct. 31. The company stopped selling fractional shares two years ago and has been providing charter and management services since then.

Read more: CitationAir to Cease Flight Operations

Private Jet Tour to Italy

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.

Read more: Private Jet Tour to Italy

Data Shows Charter Jet Rates Continue To Rise

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.

Read more: Data Shows Charter Jet Rates Continue To Rise

New Searchable Directory of All US Airports

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.

Read more: New Searchable Directory of All US Airports

Guidelines for Flying Internationally on Private Aircraft

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. 

Read more: Guidelines for Flying Internationally on Private Aircraft

Flying First Class Compared to Private Jets

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.

Read more: Flying First Class Compared to Private Jets

PlaneSense Receives 50th Pilatus PC-12 and Orders PC-24 Jets

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.

Read more: PlaneSense Receives 50th Pilatus PC-12 and Orders PC-24 Jets

Try a Private Jet Before You Buy

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.

Read more: Try a Private Jet Before You Buy

Magellan Jets Announces New Build-A-Card Program

For customers looking for a more customized solution for their next jet card, Magellan Jets has just announced a new "Build-A-Card" program. The system allows customers to choose their own preferences to put together the perfect option for their specific traveling needs. Customers are offered a variety of options to choose from for jet category, amount of hours, and two additional add-ons, including no peak surcharge and 1.5 hour minimums.

Read more: Magellan Jets Announces New Build-A-Card Program

New Business Jet Sales Up Slightly in 2013

The General Aviation Manufacturers Association (GAMA) has recently released their 2013 General Aviation Statistical Databook & 2014 Industry Outlook. The report included data on sales of new business jets in 2013, which showed a small 0.9% increase in the number of planes sold, from 672 in 2012 to 678 in 2013.

Read more: New Business Jet Sales Up Slightly in 2013

Drop in Used Business Jets for Sale in 2013

JETNET, a provider of corporate aviation data and information, recently released 2013 year-end results for the pre-owned business jet, business turboprop, helicopter and commercial airliner markets. The data continues to show a buyer's market, but with a continued drop in for-sale inventories across all pre-owned market sectors with the exception of turbine helicopters.

Read more: Drop in Used Business Jets for Sale in 2013

An Overview of Nicholas Air

Private jet company, Nicholas Air, was founded in 1997 by Nicholas Correnti as an aircraft management company. Over the years, they've added an array of private jet programs, including a jet card, a fractional jet share, and an aircraft lease program. Nicholas Air operates in and out of 9,000+ airports in the US, and has had 17-years of accident-free operations. Their fleet of Pilatus PC-12s, Phenom 100s, and Phenom 300s are 5 years or newer and allow customers to choose the most economical aircraft for their mission.

Read more: An Overview of Nicholas Air

Changes in the Commercial Market Make Private Aviation More Appealing

In December 2013, American Airlines and USAirways finalized their merger, which made them the nation's largest commercial air carrier. Following the recent mergers of United and Continental, and Delta and Northwest, the United States now has three major air carriers, offering 70% of seats in the US. These changes, along with the January 2014 implementation of FAA Rule 117 (Flightcrew Member Duty and Rest Requirements) have combined to make private aviation even more appealing to consumers concerned with convenience.

Read more: Changes in the Commercial Market Make Private Aviation More Appealing

Catering Options Aboard Private Aircraft

While commercial airlines continue to cut back on food and beverage options available to passengers, private aircraft travelers have numerous options for meals and snacks aboard their flight. SherpaReport had the opportunity to talk with Manda Redfern, Flight Options Catering Services Manager, and Marialena Barnard, Sentient’s Senior Manager of Client Operations, about the options their companies offer owners and clients.

Read more: Catering Options Aboard Private Aircraft

How Businesses Use Private Aviation

Every year, tens of thousands of companies use private aviation services, including private jets, turboprops and helicopters. While many may think that the typical passenger is a senior manager from a Fortune 500 company, the truth is, those travelers are actually in the minority of private aviation customers.

Read more: How Businesses Use Private Aviation

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