Since flying aboard a commercial airliner can prove to be such an inconvenient way for taking an important business trip, most major corporations who do a lot of flying try to find ways that they can have access to their own private jet. A private aircraft is a pretty pricey thing to have, and though there are several different ways that one could go about obtaining one, you will most likely be settling for one of the three most commonly used methods.
The thing that probably comes to mind first for most people is to just go out and purchase one like you would anything else, but we're talking about a massive amount of money for this particular investment. You could be looking at investing anything between four and forty million dollars, depending on what size aircraft you choose, and that does not account for the many other ongoing expenses. With that amount of money being asked, it would be much better for your average corporation to choose from the methods that are considered more affordable.
There are always charter services around to carry you wherever you need to be whenever you need to be there, all for a flat hourly fee plus the nominal extra charges that come up under special circumstances. There are quite a few reasons why so many usually select this option above the others, but some of the best reasons have to do with the fact that there are many planes available for when more than one person needs to make a trip and their ability to get you straight to your destination.
Finally, your company might be interested in becoming a contributing member of what is known as a fractional ownership, in which several parties or individuals will cover a certain percentage of the cost of the aircraft to be able to use it for a certain amount of time. This is pretty much like purchasing a time share at a fancy resort, where you pay part of the real estate costs and get to stay there a part of the year, but it can be impractical when someone else is already using it when you need it.
There are still other methods that you may want to consider, such as the jet card, a prepaid card that lets you use a charter plane whenever you need to without having to worry about extra costs. Whether you buy your own private jet or simply buy some flight time with a charter service, it only matters that you choose what is appropriate for your company.
The thing that probably comes to mind first for most people is to just go out and purchase one like you would anything else, but we're talking about a massive amount of money for this particular investment. You could be looking at investing anything between four and forty million dollars, depending on what size aircraft you choose, and that does not account for the many other ongoing expenses. With that amount of money being asked, it would be much better for your average corporation to choose from the methods that are considered more affordable.
There are always charter services around to carry you wherever you need to be whenever you need to be there, all for a flat hourly fee plus the nominal extra charges that come up under special circumstances. There are quite a few reasons why so many usually select this option above the others, but some of the best reasons have to do with the fact that there are many planes available for when more than one person needs to make a trip and their ability to get you straight to your destination.
Finally, your company might be interested in becoming a contributing member of what is known as a fractional ownership, in which several parties or individuals will cover a certain percentage of the cost of the aircraft to be able to use it for a certain amount of time. This is pretty much like purchasing a time share at a fancy resort, where you pay part of the real estate costs and get to stay there a part of the year, but it can be impractical when someone else is already using it when you need it.
There are still other methods that you may want to consider, such as the jet card, a prepaid card that lets you use a charter plane whenever you need to without having to worry about extra costs. Whether you buy your own private jet or simply buy some flight time with a charter service, it only matters that you choose what is appropriate for your company.
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