If you're in the market to buy a new aircraft, or even if you're just looking to charter a plane, the fuel burn rate is an important factor, along with the size, range, specs and so on. When buying a car, the fuel efficiency is easily determined and stated in the vehicle specifications. For aircraft, it is not so simple. And yet, the fuel costs can be 50% or more of the annual operating costs, running from hundreds of thousands of dollars a year for a light jet, to millions of dollars a year for heavy jets.
The term "memberships" gets used a lot when referring to private aviation companies and the products that they offer. This article looks at the variety of different products that are referred to as "memberships" and will give you some clarity, so that you can understand whether a membership is right for you.
Today's business jet aircraft cabins provide high definition video, surround sound audio, full color spectrum mood lighting, and complete cabin control right at your fingertips. Business jet passengers can literally have their home theater or office functionality from take-off to touchdown. But what are the things to think through in either a new aircraft or if you're looking at a used plane?
The 2014 General Aviation Statistical Databook & 2015 Industry Outlook report was recently released. The annual report, compiled by the General Aviation Manufacturers Association (GAMA), includes details of new business jet sales in 2014. Last year saw a 6.5% increase from 2013's sales, with a total of 722 planes sold.
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.