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 300 or so hours per year whole ownership is worth looking into. Here is some core information to help you understand the options.

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 and would like a good general overview then download our free Guide to Private Aviation, which includes details on charter, jet cards and fractional ownership. For detailed side by side comparisons of the leading jet card and fractional providers, and a directory of charter operators, then sign up for membership

The latest news and research on private jets and aircraft is included below.

The recently launched airtaxi operator DayJet has announced that it will layoff nearly half its staff and ground over half of its fleet of Eclipse 500 Jets.

The recent bankruptcy filing for Jet Network has an important lesson for folks putting down deposits on charter cards and fractional cards - do your due diligence.

The Virgin group established an Internet charter flight-booking portal last June with the take-off of Virgin Charter. The program's invitation-only beta version will expand this year to connect all interested travelers to private aircraft charter operators.

Very light jets (VLJs) are revolutionizing private flying, making it possible to travel for business trips or vacations at short notice and with great ease. Two companies, DayJet and LinearAir, have tapped into the opportunity to use VLJs to offer travelers in the private aircraft market personalized service with no more than three passengers on most flights. These "Air Taxis" are changing private flying as we know it, and here is a look at how they do it.

Cirrus Design has taken the initial wraps of its long expected small jet. This single engine plane, dubbed "the-jet", will have seating for up to 5 adults and 2 children.

In a sign of the continuing strength of private aviation Executive AirShare has expanded operations to four cities and assembled a fleet of 12 aircraft and 20 pilots. The fractional aircraft company serves owners in Kansas City, Mo., Wichita, Kan., Tulsa, Okla., and Ft. Worth, Texas.

The newly public AvantAir has recently partnered with Century Bank to offer a financing package for fractional aircraft buyers.

AvantAir was recently taken public through a takeover by a publicly listed (shell) acquisition company - Ardent Acquisition Corp. This makes it the only pure play fractional aircraft company that is publicly traded.

As very light jets start to become more widespread, we came across two that have their own very unique characteristics. One of them has been around for almost 50 years, the other one is due for first deliveries in 2008. Both of them have military and civilian guises.

If emerging trends in the aviation industry are anything to go by, then the private flying sector will witness a growth in the next twenty years that is 10 times any the industry has observed in the last 50 years. Very light jets (VLJs) are raring to go and will have an impact on all aspects of private flying from full ownership, to fractional jets, charter, jet cards and the nascent air-taxi business. The rollout is already underway with the delivery of the first very light jet into a fractional program at Jet-Alliance.