Jet cards have been getting a lot of press lately, and with good reason. For the right type of flyer, they can save both money and time. But a private jet card may not be the best option for you. It really depends on your flights, and where you fly, how often you fly and when you fly. In this article, we take a look at jet cards and the various alternatives.
Pilatus announced the development of the PC-12 at the annual National Business Aviation Association (NBAA) convention in October 1989. Pilatus believed that the PC-12 would fit a new market not served by existing aircraft, namely the King Air series aircraft, and it would be the first single-engine, turbo-prop aircraft capable of a large cabin volume, flying at high speed across long distances.
Many of the large fractional jet providers also offer a leasing option. Which one is better for you depends on personal circumstances including investment plans and actual travel needs. SherpaReport talked to some leading providers and advisers to get some different perspectives.
The Dassault Falcon 7X took its first flight in 2005, and was first delivered to a customer in 2007. This large cabin business jet has a range of almost 6,000 nm. Here’s a breakdown on the costs to buy and operate one.
Private jet cards have become increasingly popular. There are a variety of providers who issue the cards and each issuer has somewhat different features. So it is important to spend some time comparing what is available and choosing the one that best suits your needs. Below are some points to consider when purchasing a jet card.
Sales data from the General Aviation Manufacturers Association (GAMA) shows deliveries in 2016 were lower than for several years. The annual databook reported 661 new business jets sold worldwide in 2016 compared to 718 unit sales in 2015. Here are some of the highlights and the sales by manufacturer.
We’ve previously written about the main reasons for flying on private jets. These include the time saving, the privacy, the convenience and the flexibility. Recently we’ve heard of a couple more reasons to add to this list. While these additional reasons don’t make compelling cases on their own, they certainly add to the consideration set.
It always amazes me just how many people are caught out when they make the decision to sell their aircraft, but when you look at the array of specialists offering to support the sales process, it is hardly surprising.
It’s often said that in excess of 80%, as many as 85% perhaps, of all jet sales transactions involve an appointed broker, so my primary focus here is to help guide you through this selection process.
Acquiring your own aircraft takes some thought and planning. If you know what you’re doing and have a good team to help you, the process can go fairly smoothly. But, if you haven’t bought a plane before or if you want to try and “wing it”, you can be in for some exciting surprises. Here’s a look at some of the biggest mistakes that can happen along the way.
Looking at the latest ten-year forecasts for the business jet industry, it appears as though the next decade will bring slow growth overall. Several forecasts see a peak within the next five years followed by a downturn, although this decline is softer than has been seen in the past.
The International Standard for Business Aircraft Operations, or IS-BAO, is a code of best practices that serves as the gold standard for business aviation around the world. It was developed by the International Business Aviation Council (IBAC) in 2002 and has been endorsed by the National Business Aviation Association (NBAA). At the time of writing, more than 700 operators worldwide are IS-BAO registered.
Numerous factors affect the market for used business jets. This article reviews some of the major drivers and explains how they are affecting the current market.
The answer to the question, on the cost of a private jet, depends on if you are looking to own a plane, or just use and rent one. But ownership or renting is just a starting point, there are multiple other factors to consider, the most important discussions center around what you need the aircraft to do. This article outlines the costs for each option, with some specific examples.
The data from the General Aviation Manufacturers Association (GAMA) shows sales in 2015 were at the same level as 2014. The annual databook reported 718 new business jets sold worldwide in 2015 compared to 722 unit sales in 2014. Here are some of the highlights and the sales by manufacturer.
The Gulfstream G450 entered production in October 2004. Twelve years later, its reliability, performance, and value continue to impress those in the aviation industry, and it remains a leader in its class. Here is a breakdown of the costs you should expect to incur, if you choose to own and operate a Gulfstream G450.
People buy aircraft for a variety of reasons. Both emotions and logic can come into play in making a big purchase decision like this, but as with any major investment, buying a private plane is something that should be well thought through and considered from several angles. We spoke to a number of experts, in this field to go through the steps involved in the purchase process.
The destination is remote, exotic...the perfect retreat. Sometimes however the more exclusive the locale, the more challenging it can be to get there. Some desirable locations have small airports and even smaller runways. Others can be nestled in areas surrounded by mountains, water or cliffs, making it a challenge for pilots to access them. Combined with all this, many of these locations can have extreme weather conditions that add to the challenges.
Since the first one was produced in 1964, the King Air has become something of an icon, with a reputation for low operating costs, durability and ruggedness. But just like a sport utility, it can be equipped with luxury fittings to complement its more adventurous side. Here’s a breakdown on the costs to buy and operate one.
There are a lot of good reasons to use private jets and private aircraft for business. The National Business Aviation Association (NBAA) recently published some comments from senior business leaders about the value of private aviation to their companies.
Several recent forecasts show good growth in the sales of new business jets over the next decade. Some of the forecasts have the market growing for the next five years and then turning down. Others see consistent growth over the ten year period.
Having fast communications to the cabin, is an essential tool on board todays private aircraft. There are numerous choices for the services, technology and hardware. Options include varying degrees of bandwidth from satellite networks or air-to-ground services, coverage areas, security levels, operational features and the all-important terminals, antennas, routers and wireless access points. This article walks through the services, the providers, the equipment and considerations for choosing the best option.
If you're in the market to buy a new aircraft, or even if you're just looking to charter a plane, the fuel burn rate is an important factor, along with the size, range, specs and so on. When buying a car, the fuel efficiency is easily determined and stated in the vehicle specifications. For aircraft, it is not so simple. And yet, the fuel costs can be 50% or more of the annual operating costs, running from hundreds of thousands of dollars a year for a light jet, to millions of dollars a year for heavy jets.