If you managed to magnetize enough financial wealth through your
business activities and decided to buy a private jet you better read
this article till the end. What does purchasing such an exotic aircraft
mean after all? What mistakes should you avoid? How to make a correct
decision?
If you or/and your company decided to purchase a private jet, please consider the following:
a) Do a cost-benefit analysis
Aviation experts suggest that 300 to 450 hours of flight time per year usually justifies full ownership of a jet. Otherwise, if you do not plan to spend these hours in the skies, you should consider fractional ownership.
b) Consider the hidden costs
Along with the price tag for a new personal jet that ranges from $5 million to $50 million, there are other important factors and necessities such as insurance, fuel, catering and pilots of course.
c) Determine the size and the flying rage
Light jets ($3 million to $8 million) can take 5 to 8 passengers roughly 3500km. Midsize executive jets ($9 million to $16 million) can take up 9 passengers from 3500km to almost 5000km. Large executive jets ($17 million to $45 million) can carry 12 passengers more then 6500km.
When you properly analyzed, understood and considered all the hidden costs, the size and the flying rage, it is time for you to move forward. Now you have figured out what does purchasing such an exotic aircraft mean after all. The next thing you should do is contact the private jet dealers and ask for aircraft specifications and pricing. You can also look online for private jet dealers, which sell new and used jets, including aircraft at deep discounts.
If you or/and your company decided to purchase a private jet, please consider the following:
a) Do a cost-benefit analysis
Aviation experts suggest that 300 to 450 hours of flight time per year usually justifies full ownership of a jet. Otherwise, if you do not plan to spend these hours in the skies, you should consider fractional ownership.
b) Consider the hidden costs
Along with the price tag for a new personal jet that ranges from $5 million to $50 million, there are other important factors and necessities such as insurance, fuel, catering and pilots of course.
c) Determine the size and the flying rage
Light jets ($3 million to $8 million) can take 5 to 8 passengers roughly 3500km. Midsize executive jets ($9 million to $16 million) can take up 9 passengers from 3500km to almost 5000km. Large executive jets ($17 million to $45 million) can carry 12 passengers more then 6500km.
When you properly analyzed, understood and considered all the hidden costs, the size and the flying rage, it is time for you to move forward. Now you have figured out what does purchasing such an exotic aircraft mean after all. The next thing you should do is contact the private jet dealers and ask for aircraft specifications and pricing. You can also look online for private jet dealers, which sell new and used jets, including aircraft at deep discounts.
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