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Top ten reasons to charter a private jet.


In the private jet world 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. , wholly owned aircraft, prepayment Prepayment

1. The payment of a debt obligation prior to its due date.

2. The excess payment over a scheduled debt repayment amount.

Notes:
1. Examples include deferred expenses such as rent and early loan repayments.

2.
 card programs, charter brokers, direct charter providers, membership fees, depreciation, hourly rates, empty legs, crew charges, overnight fees, maintenance expenses, etc.... it is no wonder many questions still remain about what is the best private jet option.

As the private jet industry continues to grow and the desire to move away from commercial air travel increases, private jet options abound. This adjustment in the marketplace is turning increasingly in favor of the well-heeled traveler as rates go down and availability goes up on luxury jet flights. Unless one is flying more than 400 hours a year, chartering a private jet is the ideal option for maximum flexibility, jet selection and the best market rates.

Below are ten reasons why chartering a jet through a broker or a direct charter provider makes the most financial sense:

1. Charter versus commercial airline travel: for example, the cost for two adults and four children flying first class can cost the same as your own private jet flight purchased through a charter company. Given all the convenience of flying privately, jet charter becomes a viable option for travelers that once thought they were restricted to commercial air travel.

2. Charter versus fractional or prepayment options: on a light jet, charter costs as little as $1,800 per flight hour, $2,100 for prepaid pre·pay  
tr.v. pre·paid, pre·pay·ing, pre·pays
To pay or pay for beforehand.



pre·payment n.
 flight card program or $2,800 for fractional ownership.

3. Jet availability: flights booked through a charter broker experience no blackout A complete loss of power. See brownout.  dates and no lack of availability due to jet maintenance, which may often be encountered with fractional programs or smaller charter companies. This becomes of utmost importance during the holiday season and high vacation travel times.

4. Jet selection: charter brokers have a premier network of more than 2,000 jets to select from and are not restricted to a certain type of jet or jet class as with most fractional programs or charter companies that only have access to a limited fleet.

5. On demand, 24/7 access to a charter representative: charter brokers can provide flight quotes in as little as one hour to 15 minutes and jets can be made "tarmac ready" within four hours.

6. Deluxe de·luxe also de luxe  
adj.
Particularly elegant and luxurious; sumptuous: deluxe accommodations; a de luxe automobile.

adv.
 supplemental services: jet charter provides greater flexibility with no commitments, the best market rates and can be utilized alongside other jet services such as fractional ownership and prepaid card programs.

7. Leisure travel made easy: especially convenient for the leisure traveler who desires private jet service on an occasional or regular basis.

8. Increased flexibility: without the hassle of jet ownership, maintenance fees, crew costs and storage expenses, there are no extra expenditures to bog down bog down
Verb

[bogging, bogged] to impede physically or mentally

Verb 1. bog down - get stuck while doing something; "She bogged down many times while she wrote her dissertation"
bog
 the experience. Simply contact a charter representative, reserve a flight and off you go.

9. High safety and quality standards: most charter companies and charter brokers uphold the highest of safety standards Safety standards are standards designed to ensure the safety of products, activities or processes, etc. They may be advisory or compulsory and are normally laid down by an advisory or regulatory body that may be either voluntary or statutory.  and only utilize jets and pilots that are Part 135 and have excellent ratings with safety auditing companies such as Argus or Wyvern wyvern

protector of treasure and wealth. [Heraldry: Halberts, 40]

See : Guardianship
.

10. Freedom of flight: whether a jet is booked through an experienced charter broker or a direct charter company, it makes sound financial sense to keep your money in your own pocket and not in the hands of a private jet sales associate. Paying only for the flight time used creates an experience that the savvy traveler will most enjoy.

Business Flying vs. Airline Flying

The continuing popularity of travel by general aviation aircraft is partly due to the fact that these aircraft have access to nearly 5,300 airports in the United States List of airports in the United States, grouped by state or territory and sorted by city.

Due to the large number of airports in the United States, this page only lists public use airports providing scheduled passenger services with over 10,000 passenger boardings per year
, compared to the 558 served by the scheduled air carriers. Furthermore, approximately 70 percent of all airline passengers travel to or from the top 30 air carrier hubs.

The ability to use smaller, less-congested airports located closer to one's final destination is a vital part of the utility and flexibility of general aviation aircraft In fact, most operators of business aircraft prefer to use these so-called "reliever airports" in major metropolitan areas instead of airline hubs An airline hub is an airport that an airline uses as a transfer point to get passengers to their intended destination. It is part of a hub and spoke model, where travelers moving between airports not served by direct flights change planes en route to their destinations.  whenever possible. That is why general aviation operations at the busiest U.S. air carrier airports are usually a single-digit percentage of total operations at those aviation facilities.

Business aircraft operations in the New York City New York City: see New York, city.
New York City

City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S.
 area are a good example of this phenomenon. At New York's major commercial service airports--Newark, LaGuardia and Kennedy--general aviation comprises only about 3 percent of the total operations because most business aircraft operators utilize alternative airports--Teterboro or Morristown in New Jersey or Westchester County and Islip in New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
.

Similarly, many of the most popular U.S. airports, in terms of general aviation itinerant ITINERANT. Travelling or taking a journey. In England there were formerly judges called Justices itinerant, who were sent with commissions into certain counties to try causes.  operations, have little or no airline service. Partly because so many general aviation aircraft are based in the populous pop·u·lous  
adj.
Containing many people or inhabitants; having a large population.



[Middle English, from Latin popul
 states of California, Florida, Texas and New Jersey, the list of top 50 airports by general aviation operations is dominated by airports located in those states. Eleven of the 50 airports with the most general aviation itinerant operations are located in Florida, 10 are in California and five are in Texas.

Information by the National Business Aviation Association
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No portion of this article can be reproduced without the express written permission from the copyright holder.
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Article Details
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Author:Napoliello, Michael E., Jr.
Publication:Los Angeles Business Journal
Geographic Code:1USA
Date:Nov 21, 2005
Words:850
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