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Aviation options: consumer comparison charts.


FULL OWNERSHIP

Basic Concept

You purchase the plane. The plane is yours to use as you need it.

Features and benefits

* Simplest transaction

* Most personalized per·son·al·ize  
tr.v. per·son·al·ized, per·son·al·iz·ing, per·son·al·iz·es
1. To take (a general remark or characterization) in a personal manner.

2. To attribute human or personal qualities to; personify.
 service possible

* Tax benefits

* Pride of ownership for company

Drawbacks

* Most expensive option

* You pay for all costs whether the plane is in the air or on the ground

* Limits your selection for type of plane used each time you travel

Typical Users

Those who wish to use the aircraft more than 200 - 400 hours per year

Providers: Bombardier

Bombardier builds three families of high-performance business jets--tear, Challenger and Global. www.bombardier.com

Cessna Aircraft Company

Cessna Aircraft Company manufactures a wide variety of smaller aircraft, including Citation Citation

(foaled 1945) U.S. Thoroughbred racehorse. In four seasons he won 32 of 45 races, finished second in ten, and third in two. He won the 1948 Triple Crown, and became the first horse to win $1 million. He set a world record in 1950 by running a mile in 1:33 3/5.
 business jets and personal and small-business Single Engine Pistons Pistons can mean:
  • Piston, the engine and engineering part
  • Detroit Pistons, the basketball team
. www.cessna.com

Dassault Falcon The Falcon is a family of business jets manufactured by Dassault Aviation. Early members of this family were known as the Mystère within France, "Falcon" originally being an export name only.  

Dassault Falcon has a long history manufacturing it's popular. Falcon family of business jets. www.dassault-aviation.com

Gulfstream Aerospace Gulfstream Aerospace Corporation is a producer of several models of private jet aircraft. Gulfstream Aerospace Corporation has been a unit of General Dynamics since 2001.

Gulfstream's main facility is located in Savannah, Georgia, United States.
 Corporation

Gulfstream Aerospace Corporation manufactures and sells the larger business jets that make up the Gulfstream family aircraft. www.gulfstream.com

Raytheon

Raytheon's Jet Aircraft division manufactures a wide array of business jets, including the Beach and Hawker families of business jets. www.raytheon.com

JET CARD PROGRAMS

Basic concept

25-hour jet cards are issued to provide owners with many of the benefits of fractional ownership In business, fractional ownership is a percentage share of an expensive asset. Shares are sold to individual owners. A fractional owner enjoys priorities and privileges, such as reduced rates, priority access on holidays and income sharing.  minus the long-term Long-term

Three or more years. In the context of accounting, more than 1 year.


long-term

1. Of or relating to a gain or loss in the value of a security that has been held over a specific length of time. Compare short-term.
 commitment.

Features and benefits

* Requires only a 25-hour commitment per year at low entry-level pricing

* Provides fractional ownership flexibility for smaller investment

* Guaranteed availability with 10 hours notice

Drawbacks

* Hourly cost is higher than other options

* Less ownership than an actual fractional fractional

size expressed as a relative part of a unit.


fractional catabolic rate
the percentage of an available pool of body component, e.g. protein, iron, which is replaced, transferred or lost per unit of time.
 

* Inconvenience of luggage LUGGAGE. Such things as are carried by a traveller, generally for his personal accommodation; baggage. In England this word is generally used in the same sense that baggage is used in the United States. See Baggage.  removal for each deplaning

Typical Users

Those who fly less than 50 hours per year

Providers: Marquis Jet

Developed the concept of the jet card and maintains exclusive ties to NetJets' fleet of aircraft. www.marquisjet.com

Sentient sentient /sen·ti·ent/ (sen´she-ent) able to feel; sensitive.

sen·tient
adj.
1. Having sense perception; conscious.

2. Experiencing sensation or feeling.
 Jet

Private jet card company, that works with a variety of providers. www.sentient.com

Blue Star Jets

Developed the emerging Blue Star lets Sky Card-with access to a fleet of over 4000 private jets with various providers. www.bluestarjets.com

FRACTIONAL OWNERSHIP

Basic concept

Like a timeshare A form of shared property ownership, commonly in vacation or recreation condominium property, in which rights vest in several owners to use property for a specified period each year.  property, you pay a portion of the capital and operating costs operating costs nplgastos mpl operacionales  of the aircraft.

Features and benefits

* Pay only a portion of capital and operational costs

* Excellent management and scheduling

* National and growing international scope

* You are only charged for occupied flight

Drawbacks

* High premium prices for your share of the jet

* Inconvenience of having to remove luggage every time you deplane de·plane  
intr.v. de·planed, de·plan·ing, de·planes
To disembark from an airplane.

Verb 1. deplane - get off an airplane
 

* Inconsistencies in aircraft used from one leg of trip to next

Typical users

Those who fly between 50 and 200 hours each year and anticipate mostly one-way travel

Providers: Net Jets

The pioneer and industry leader of the fractional jet concept, NetJets offers programs which utilize light, midsize and large cabin aircraft from manufacturers including Cessna; Dassault Falcon, Gulfstream and Raytheon. www.netjets.com

FlexJet

Fractional company wholly owned by Bombardier with access to Bombardier's fleet of business jets. www.flexjet.com

Flight Options

Fractional company that maintains a diverse fleet including Hawkers HAWKERS. Persons going from place to place with goods and merchandise for sale. To prevent impositions they are generally required to take out licenses, under regulations established by the local laws of the states. , Beechjet, Citation, King Air, Challenger and Legacy planes. www.flightoptions.com

Citation Shares

Only marketing west of the Rockies since 2003, this fractional that focuses on light and mid-size aircraft www.citationshares.com

CHARTER OPERATORS

CHARTER OPERATORS

Basic concept

Provides access to business jet travel without upfront or long term commitment of any kind.

Features and benefits

* Less expensive than full ownership

* No up-front or long term commitment

* Wide range of operators and aircraft to choose from

Drawbacks

* Higher cost for one-way travel

* You pay for the empty leg back to the operator's airport

* Lack of ownership

Typical Users

Customers who don't want ownership involvement, preferring use-by-use travel--usually less than 100 hours per year

Providers: Clay Lacy Aviation

Pioneering Chatter that launched first charter flights in the West. Fleet consists of nineteen aircraft, including Learjets and Gulfstream, fifteen of which are charters, www.claylacy.com

Elite Aviation

Has been operating its charter flights--utilizing Learjets, Hawkers, Gulfstreams, and others--since 1994. www.eliteaviation.com

Spirit Aviation

Service-focused charter company has been providing its diverse fleet of business jets, including Gulfstreams, Challengers, Learjets and Beechjets, among others, for more than 21 years. www.flyspirit.com

AvJet

Service-oriented air charter company with flexible fleet of Gulfstreams, Challengers and Hawkers, among others. www.avjet.com

Petersen Aviation

Petersen's worldwide charter service is made up of two Gulfstreams and two Hawkers. www.petersenaviation.com
COPYRIGHT 2004 CBJ, L.P.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Article Details
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Publication:Los Angeles Business Journal
Geographic Code:1USA
Date:Nov 29, 2004
Words:729
Previous Article:Why go private in L.A.: the logic and sense behind business air travel.(business aircraft)
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