Why Private Jet Charter Makes Sense During a Recession

When it comes to working through a recession, it’s always a difficult balance, you still need a marketing budget, you still need to visit clients, you still need to keep your shareholders happy and you still have to make money.  Efficiency is essential in everything that a business does and not just during a credit crunch or a recession. Busy executives need to work smart and spend as much time as possible being productive.

Travelling on commercial airlines through major airports you immediately see the benefits of a far more efficient approach to air travel.  Even if you’re travelling business or first class with a commercial airline you’ll experience “dead” time at the airport of around 90-120 minutes with check-in, security and boarding. Plus there’s the time already spent getting there in the first place.

If you’re a regular business traveller, there is a lot to be said for flying on a private jet charter.  Firstly, you have a much wider choice of airports resulting in less time spent travelling to the airport.  Then you have the very short check-in times, invariably you will go from arriving at the airport to “wheels up” airborne in around twenty minutes.

Possibly more importantly is the departure time. Flying commercially restricts you to the airline’s schedule, flying privately means that the flight works to your schedule. Then we consider delays in getting to the airport. If you’re late for a commercial flight and miss the check-in close time, you’re not going. You’ll then be waiting up to twenty four hours for the next flight – for which you may have to pay extra AND how much might those delays cost your business? With a private jet charter, the jet leaves when you arrive.  If your printer chews up the presentation, there’s heavy traffic en-route to the airport or your meeting over runs you can relax, safe in the knowledge that your plane and your pilot will be waiting for you and ready to depart.

Then there’s the comparison between private charter and full or fractional ownership. Jet ownership and fractional ownership will offer you time saving benefits but come with their own hazards. Both are rather costly alternatives with a lot of up front investment and regular additional costs.

Unlike fractional ownership, jet ownership offers the flexibility to fly when and where you want at very short notice, but for a non-stop transatlantic jet a few years old you’re looking at a starting price in the region of $15-20 million. On top of that you have fuel, staffing, hangarage and maintenance costs.

Fractional ownership will allow you some flexibility but for a one-sixteenth share in a transatlantic jet with 50 hours of flying per annum, you’re looking at an initial cost of around $1 million plus monthly fees offering little change from $10,000 and a charge for your flying time in the region of $2000 per hour. Invariably you’ll be committed to a long term contract of up to five years, you’ll also be restricted to using the jet or jet type in which you bought a share. If you’re flying schedule is a combination of short and long trips or if the number of passengers or departure airport varies, this can work out to be a very expensive option.

In the current economic climate it makes a lot of sense for your shareholders too. If they see money being spent on the ownership of a private jet and consider the amount of time the jet is stationery it can make very little sense. Our price for your private jet charter is fully inclusive so there won’t be extra charges for fuel, tax, catering or anything else, you simply pay a small management fee and a pre-arranged and fully inclusive hourly rate for the jet or jets of your choice. By comparison to full or fractional jet ownership you’ll be spending a lot less on private jet charter flights but enjoying all of the same benefits.

In summary, you save a lot of time, spend far less than ownership or fractional ownership, enjoy VIP Class, stress free travel and get a lot more time to do your job, in any financial climate that can only be a good thing.

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