While a one-off short flight on a light jet might be had for as little as $5,000, you can also buy a new $70 million ultra-long-haul private jet. We look at the options, including full ownership, fractional shares and leases, jet cards and on-demand charter
The cost of a private jet varies widely, from owning an entire aircraft to chartering on-demand. But what are the options?
Fractional ownership and leases, as well as jet cards, have become a popular middle ground, providing convenience and consistent experience in many ways offering the best of either full ownership or on-demand charter.
However, figuring out the right solution isn’t necessarily based only on flight hours. Current U.S. tax benefits of full or fractional ownership can tilt the scale in their favor, particularly if most of your flying is for business.
If money is not an object, you can choose between full and fractional ownership, jet cards or on-demand charter
Having bought my Mega Millions tickets last night, and then checking that my lump sum payout would have been nearly $700 million after taxes, of course, I started to think about what would be the best private aviation solution for my needs. And that’s the most important advice I can give anyone who is shopping for new or used aircraft, fractional shares, and leases, jet cards or just thinking about chartering. There isn’t a one size fits all solution, so writing out where you anticipate flying, with how many people and when is a good start. My second point is perhaps 50% of private aviation users have at least two solutions so don’t fret, you may not find one provider that meets all of your needs.
The itinerary is being offered from November 1, 2018, through April 30, 2019, and the aircraft cost may vary based on the departure city, availability, group size and type of jet
On-demand charter and jet card broker PrivateFly and Casa Kimberly, luxury boutique hotel, built from Elizabeth Taylor and Richard Burton’s longtime home in Puerto Vallarta, Mexico will collaborate on a romantic travel itinerary, according to a press release received by Private Jet Card Comparisons.
The Delaware-based company is expanding beyond parts and maintenance, growing its charter operations via ownership and management, and ramping up its Santos Jet Card program alongside its ProspAir Jet Charter brokerage cards
In the world of private aviation, Dumont Group is best known for parts and maintenance, often buying used aircraft for components that can be used as replacements. That has been changing for a while and will be even more so – in a big way. As the company expands its aircraft management, it is becoming a well-sized charter operator owning and operating aircraft as well as operating and managing aircraft for owners, some who use the jets exclusively for themselves and others who allow Dumont to sell charter trips on them.
What’s the best way to charter a private jet? Brokers often say on-demand charter beats jet cards. We look at the case one broker is making.
Needless to say, jet cards have been the hot spot of private aviation with the number of providers and programs having more than doubled in the past 10 years. Earlier today we received an email from a charter broker outlining its case against jet cards. Our position – despite our name – is that it’s not a black or white answer, but we were interested to see what the arguments were and to add our thoughts.