Private Jet Choices

Buying or renting a private jet is a huge decision but for many individuals and corporations, a good one. However, when thinking about private jets, chances are you have tons of questions. To help answer some of your questions, we have pulled some of the more common questions and answers together for you to help when it comes time to make your decision.

Using an Air Broker

Sometimes, companies will go through an air broker service. Of course, the question becomes "what are the primary benefits?" For this, if you work with a reputable broker, they can provide you with years of experience. This means making sure you purchase the right jet for the price range needed. Best of all, a broker will handle all the organizational details, which means your time and money are not wasted.

Renting a Jet

Of course, the decision to buy or rent is based on a number of factors to include price. You should also consider which option would best meet your schedule. For instance, if you have time sensitive travel, then standing in long lines at the airport and dealing with delays only magnifies problems. Having your own jet or renting a jet does cost but when compared to travel needs, it may be worth the investment. Obviously, if service and time is the most important to you, buying or renting a private jet could make perfect sense.

Individuals or Groups who Buy/Rent

Today, the people who buy or rent private jets is much different from years ago. It used to be that only the wealthy or large corporations would go this route but today, we find a new set of clientele. For instance, smaller corporations and even less-than-wealthy individuals understand the importance of time-sensitive travel. Therefore, you may find smaller companies taking advantage of the reliability and service of a private jet to individuals needing to attend a wedding in another state or country using the services.

Choosing a Private Jet

With so many different jets it is difficult to know which one is the right one. Today, more than 1,700 different charter jets are available, which includes a vast range or options and prices. The best way to determine your needs is to determine the number of people flying, the amount of time the jet would be needed, distance of flying, and of course, price.

Cost of a Charter Jet

The biggest question is about price. The answer would depend on many factors but overall, if you were to rent a jet, the cost would be based on an hourly rate, as well as ground time. For instance, you could choose a light, multi-piston aircraft for around $400 an hour or go with a heavy jet for much more. Remember, hidden charges need to be considered, again to include paying the pilot for ground time while you attend a business meeting, taxes, amenities, etc.