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.
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).
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.
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.