People buy aircraft for a variety of reasons. Both emotions and logic can come into play in making a big purchase decision like this, but as with any major investment, buying a private plane is something that should be well thought through and considered from several angles. We spoke to a number of experts, in this field to go through the steps involved in the purchase process.
The destination is remote, exotic...the perfect retreat. Sometimes however the more exclusive the locale, the more challenging it can be to get there. Some desirable locations have small airports and even smaller runways. Others can be nestled in areas surrounded by mountains, water or cliffs, making it a challenge for pilots to access them. Combined with all this, many of these locations can have extreme weather conditions that add to the challenges.
Since the first one was produced in 1964, the King Air has become something of an icon, with a reputation for low operating costs, durability and ruggedness. But just like a sport utility, it can be equipped with luxury fittings to complement its more adventurous side. Here’s a breakdown on the costs to buy and operate one.
There are a lot of good reasons to use private jets and private aircraft for business. The National Business Aviation Association (NBAA) recently published some comments from senior business leaders about the value of private aviation to their companies.