How To Make Private Jet Flight Work For Your Corporation
Jet flight travel is becoming an ever bigger part of the overall picture of executive business transport. Although many business journeys are made using the traditional commercial airlines, and even through the railroad and freeway networks, there is always going to be a sector of the market which will demand the fastest journeys possible, and be prepared to pay the premium which is inevitably involved. Business jet travel is actually growing in popularity despite the economic recession, especially in Europe and the Far East. These markets are growing more quickly than the American market, which has been firmly established for decades.
There is an increase in the amount of jet travel taking place across all sectors of the market, from the heaviest commercial jets to the very light aircraft which are often used as air taxis. Most of the demand is at the lighter end of the market, purely because there are very few corporations which can afford to buy and maintain one of the heavier jet models. Even the rental demand for these is limited, as there are very few corporations which need that great a number of executives to travel at any one time.
The market in jet aircraft is especially buoyant at the lighter end of the market, as these economical planes are ideal for both wealthy individuals and the thriving air taxi market. There is nothing as convenient as the right ti travel wherever you want whenever you want, at the fastest possible speed. Very light aircraft also benefit from the fact that there are more airports geared up to service them. There is a premium to be paid for individualized air travel, of course, but among the rich there is nothing to match it.
If you are looking to buy jet aircraft for your corporation, it is likely that you will need something slightly larger than the very light aircraft used for air taxis. That is because of the strict limit as to how many executives can travel at any given time. The mid range models are the most popular for outright sales, whether these are from one corporation or as part of fractional jet ownership.
Still, the vast majority of executive jet flight happens as a result of rental arrangements. They allow for far greater flexibility, and avoid the need to commit serious amounts of money over the long term. The most flexible arrangement of all is the lease with an option to buy, which is ideal from the point of view of the seller and the buyer. As a corporation interested in a jet plane, you can defer your choice as to whether or not to buy the aircraft. If you choose not to buy, you can just treat the money as payments for rental jet flight.
Business jet industry crying foul on proposed user fees - Bizjournals.com (blog)
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Jackie Chan business jet shows focus on China - The News Journal
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India's Jet Airways to merge low-cost arms by May New Delhi (The Statesman/ANN) - The largest private sector airline in India, Jet Airways, said it would complete the merger of its two low-cost models - Jet Lite and Jet Konnect - under a single brand by May... | ||
Airlines should tie-up with suppliers to import jet fuel New Delhi, Feb 16 (IANS) The civil aviation ministry Thursday said domestic airlines interested in importing jet fuel should tie up with suppliers who have the infrastructure to import the fuel directly... | ||
Skewered by politics, corporate jets set for rebound - Reuters
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