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Archive for the ‘Aircraft Fractional Ownership’ Category

Flying On Jet Airplanes For The First Time?


Flying is something that seems to fall into two categories with people. Most do not have the luxury of flying in a private business jet so commericial jet flying will be the norm. One group is completely at ease with flying and the other is completely freaked out when they jet airplane for salethink about doing it or when they actually have to do it. Most in the second category are those that have never flown in a jet airplane before, or that had a bad experience during a flight. Those that fly private jet charter, have a great flight, and nothing goes wrong tend to be completely at ease with flying after that. If you are going for your first time, knowing what to expect can help with some of the jitters so you have a happy and safe flying experience.

First, know as much about your flight on a jet airplane as you can. This means being sure you know your flight numbers or numbers, when you board, and how soon you should arrive at the airport. Remember, you may be searched and stand in a long line before you can get into the airport and on to your jet airplane for your flight. If you arrive late, you may miss your flight. Give yourself plenty of time (two hours is good) so that you have no snags in timing. Also know about parking if you are leaving your car at the airport to avoid any problems there.

You should also know a little about the jet airplane that you are going to be on for your first flight. For the most part, these all have specific limitations on how big your carry on luggage can be. Be sure you know the numbers and that your bag fits within them. Take with you at least one change of clothing and your essentials like medications so that you will not be completely stranded if something were to happen to your other luggage. Be prepared to have everything searched and to turn on any electronic devices when going through security.

If you are going to be on a jet airplane for a long period of time, you should always take something with you to do. You may think you will be too worked up to do anything, or that you will easily be able to take a nap, but that is not always the case. Take your favorite crossword puzzle book on your jet airplane trip, or perhaps your favorite book. You may need to fill some time and you do not want to be stuck with nothing to do. If you forget something, you can usually find something in the airport that you can put in your carry on luggage to take on board with you.

Lastly, know about connecting flights and gate numbers. At times, your stewardess may have a list of connecting flights and can give you that information when you are about to get off your first jet airplane to board another. Do not be afraid to ask for help if you are lost or are not sure of your flight and/or gate number. Someone is always there to help you. Airports are large and confusing, and you do not want to miss your flight because you think you can find something. Ask and know where you are going so you do not miss your jet airplane flight experience.

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For those who have never flown before here is an Alaskan Airlines jet flying into Seattle………..

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247privatejet – Private Jet Charters Are Easy To Fly
247 Private jet services are, in simple terms, booking agents for jet airplane flights. Specializing in private jet rentals and jet chartering services. …   Read more…

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As the recession continues apparently unabated despite billions of dollars being poured into failing worldwide economies the private jet for sale market continues to run into turbulence.

Business jet sales are being slaughtered by the continuing slump in the global economy, we take a look at whats going on.

buy private jetThere are those who forecast a very long recovery for the private jet industry. There was a time when a millionaire had only to produce 10% deposit to buy his own private jet but these days are long gone.
The slump in the jet market is not helped by the fact that it is no longer politically correct for large companies that have been bailed out by governments having their executives travelling by private jet.

The General Aviation manufacturers association say that deliveries of business jets have dropped more than a third in the first quarter of 2009 and their forecast for 2010 is not good. Aviation consultant Brain Foley from ‘Private Jet Daily’ said “We don’t see the number of deliveries even hitting 2008’s level in the next 10 years”

Experts seem to differ in agreement that manufacturers will receive more cancellations from buyers as confidence in early recovery continues to be low.
According to ‘Private Jet Makers’ the charter jet industry is just being maligned by the media and when the feeding frenzy is over things will bounce back to normal. But who knows what is ‘normal’ in this new financial climate, it seems that whoever is right there is no sign of the market improving anytime soon.

The good news for perspective buyers still looking to buy a private jet plane is that the glut in the Market with so many used business jet planes sitting on the tarmacs around the world is that it is a buyers market. Just take a look at the private jet ads and you see immediately that prices are being cut almost monthly as owners seek to unburden their embarrassing liability.

It may also be that the emerging economies will lead the way as the world economy continues its merry go round maybe its someone else turn to take the lead in private jet ownership.

Take a look at debate about who took a private jet to the conference, its uncomfortable for some….

Private Jet Plane news from around the net…

Private Jet Company Buys Jets.com
Jets.com Sells for $375000, One of Three Six Figure Sales at Sedo – The Domain Industry’s News Source. September 22nd, 2009….

The Difference Between Private Jets for Sale and Fractional Jet Ownership
Well, when it comes to finally purchase a private jet that you always wanted you need to look at the various costs. Whether it is maintenance or hanger charges….

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You’ve no doubt seen the advertisements on the JustLuxe Web site, in the Wall Street Journal and elsewhere for fractional jet card programs like the Flexjet 25 card, fractional jetsthe Marquis Jet card, Flight Options’ Jet Pass card and CitationShares’ Vector card. These programs offer limited flight time, generally 25 hours, on aircraft that are part of the providers’ fractional fleet at a set hourly rate.

I have to admit that when Marquis Jet launched the first fractional jet card program, I was skeptical. Like the programs that followed it, Marquis charged hourly rates well in excess of established private jet charter operators. Indeed, fractional jet cards generally may well be the most expensive way to fly on a private jet. But through effective marketing — making it look as simple as using a credit card, exposure on Donald Trump’s The Apprentice television show, endorsements from professional athletes, etc. Marquis and its followers have carved out a substantial niche in the private air travel market.

How do you know if these programs are right for you? For a start there is no way that the private jet for sale market is for you. Too expensive. Start by looking at your travel profile and preferences and answering a few important questions:

# How often do you fly?
# Where and when do you fly?
# How far in advance do you plan your trips?
# How many passengers and how much luggage do you take?
# Do you prefer to fly on a fleet that is managed by a single operator?
# Do you have specific private jet aircraft preferences?
# What is the best use of your capital?

A fractional jet card program may be right for you if:

# You fly around 25 hours per year.
# You fly privately on trips with stays that last more than a couple of days, because unlike the alternative of traditional charter, you won’t have to pay positioning charges to fly the aircraft back to its home base and then back again to pick you up for your return trip.
# You schedule trips on short notice so that the guaranteed availability offered by jet card programs is of value to you.
# You fly to destinations that are within the service areas of the jet card programs.
# You fly on days that are not “blacked out” by the programs.
# The aircraft available within your budget satisfy your passenger and luggage requirements.
# You are uncomfortable flying through block charter programs like Sentient, Blue Star and Skyjet, that operate through a network of independent charter operators and thus do not offer uniformity in fleet management, pilot experience, aircraft type, age, etc.
# You do not want to make the long term commitment that is required with a full fractional investment.
# You are willing to pay a bit more to fly than you’d be charged as a fractional share owner because that extra cost is more then offset by the return you can realize on the capital you’d otherwise invest in purchasing a fractional share.

If you decide that a fractional jet card is right for you, do your due diligence and look at all your options. Make certain that you like the aircraft that you’ll be flying in. Understand when you can fly and when you can’t, what additional charges you’ll be responsible for (fuel surcharges can increase your cost substantially), how your flight time will be calculated (most programs use a one hour minimum so if you fly a lot of thirty minute flights you could lose half your flight time), and whether your card has an expiration date (such that you’ll lose any flight time you don’t use before that date.) Finally, and most importantly, review the contracts carefully. Even though the fancy brochures make this look as simple as using your credit card, it’s a substantial investment, the contracts can be lengthy, and we’ve found that there is room to negotiate.

More views on fractional jet ownership in this vid….

 

By: Kelly Renaul

Article Directory: http://www.articledashboard.com

To know more about jet charter, please visit our website.

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So you find a private jet for sale but at what cost? Unless you need to fly a lot there is a more cost effective way to own or at least have access to your personal private jet. You may wish to consider fractional jet ownership as an alternative.

Fractional flying, you say. Is that division? Well, sort of. Fractional flying is where you, the customer, can own a “share” in a private jet. In most cases these shares allow you to own as much as 1/4 to as little as 1/32 of a 40 million dollar private jet. Where full ownership may be out of reach for you fractional ownership may be the best option to getting you in the air.

fractional airplane

Let’s take a look at private jet companies offering fractional flying in the US.

1. Netjets. Richard Santulli is the brainchild behind modern fractional jet flying as he founded Netjets on this principle in 1986. The concept has grown from selling shares in a few jets to selling shares in sixteen different models. Indeed, aircraft much “cheaper” than a 40 million dollar jet can also be shared starting with the Hawker 400 XP and working up to a BBJ [Boeing Business Jet]. Santulli sold out to Warren Buffett of Berkshire Hathaway in 1998, but he remains a key player with the company.

2. Flexjet. Not to be left out in the cold, Canadian aircraft maker, Bombardier, jumped into the fray with AMR Combs [parent company of American Airlines] and started Business JetSolutions. In 1997, Bombardier bought out AMR Comb’s share and renamed the company Flexjet. Today, Flexjet customers can purchase shares in various Learjets [now owned by Bombardier] and Canadair [another Bombardier make] aircraft.

3. Flight Options. Raytheon Aircraft Company is the principle owner of Flight Options which was founded in 1998. Raytheon aircraft, which include various Hawker models, are some of the aircraft utilized in Flight Options’s fleet. Other aircraft flown by Flight Options are the Embraer Legacy and the Citation X.

4. CitationShares. Launched in 2000 as a joint partnership between TAG Aviation, an aircraft management and operations company, and the Cessna Aircraft Company. CitationShares features three Citation models produced by aircraft manufacturer Cessna: the CJ1, the Bravo, and the Excel.

Other things to consider when purchasing your fractional share include the following:

1. Acquisition Cost. When you purchase your share, how long do you actually own that share? Is it renewable and for how much? Is there any additional outlay in capital for you during the time that you own a share?

2. Management Fees. Monthly charges will be billed separately and include: pilot salaries and training, storage [hangaring] of the aircraft, insurance, and support.

3. Hourly Fees. During the time you are actually flying — and also for a predetermined amount of time before takeoff and after touching down — you will be assessed hourly charges to cover catering, maintenance, fuel, and landing fees.

4. Taxes. Fuel surcharges, international taxes, and federal surcharge taxes will also be assessed.

Fractional flying presents to you, the customer, options that were previously available only to those who owned a private jet. If convenience, luxury, safety/security, and price are important to you than a share in a jet is an option worth exploring. The four featured operators are leaders in the industry and can provide for you more detailed information as an alternative to finding a private jet for sale.

Discover more regarding fractional jet ownership here….

Jet Republic Aims To Dominate Europe’s Luxury Fractional Ownership
A new fractional jet ownership and charter player has entered the European business aircraft arena in a bid to carve a significant share of the region’s corporate.

Fractional Ownership: Buy, Sell, Keep?
Insiders in the jetting industry argue that those with fractional jet ownerships would be better off selling their share. Market prices for fractional ownership are beginning to fall.

Author: Matthew Keegan

Matt Keegan writes on aviation issues and manages an important flight attendant site, Cabin Managers.

Article Source: http://EzineArticles.com/?expert=Matthew_Keegan

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