If cost is no consideration, the private-jet world m൲akes complete sense. No waiting at the airport. No crowded lines. Still, like any investment, the acquisition of a personal plane merits careful evaluation🥀. For some, outright ownership can prove to be a logical move; for others, a lesser commitment may serve perfectly well.

Buying your Own Private Jet

There’s only one way to be in full control of your private-flying experience: acquire your own aircraft. Depending on size, range, amenities, and level of comfort, a personal plane can set you back anywhere from $3 million to $90 million.

The smallest jets typically carry four passengers with a range of 2,000 to 3,000 miles (without refueling). Medium-sized models generally carry eight passengers with a range of around 7,000 miles, while the largest jets carry upwards of 12 passengers with a flying range of 4,000 miles. 

A number of savvy online can give you a good idea of what to expect. They’re advanced enough to determine running costs based on actual utilization levels, and how financing, capital cost considerations, 澳洲幸运5开奖号码历史查询:residual value, and finance payments (where applicable) affect 澳洲幸运5开奖号码历史查询:operating expenses.

If you do decide to purchase, a gamut of specialist aviation lenders and equipment financiers (including major banks) offer a range of flexible financing arrangements worth shopping around for; there are even 澳洲幸运5开奖号码历史查询:simple loan calculators to help you do the numbers.

Outright purchasing also offers the fiscal and financial benefits of asset ownership, which includes being able to take a deduction for one of the biggest expenses of owning a plane: the aircraft's 澳洲幸运5开奖号码历史查询:depreciation.

Leasing

What if the numbers for a full investment outlay don't add up, but your flying hours and/or needs still justify private jet use? Leasing an aircraft offers many of the same benefits of owning one—without the long-term financial commitment. Owners often rent their planes to generate revenue when not using their aircraft themselves.

Dry-leasing (the most common practice) refers to leasing an aircraft without pilots, cabin crew, maintenance or insurance, and typically applies to longer timeframes; wet-leasing includes these privileges – generally for a shorter period. Either way, it is obviously much less expensive than purchasing, providing greater 澳洲幸运5开奖号码历史查询:liquidity in the long term.

Lessors have the luxury of walking away at the end of the lease, without the 澳洲幸运5开奖号码历史查询:depreciation hit owners face wh🐼en they sell; they also generally have the freedom to renew their contracts, with a new private jet.

Leasing can also be a good way to test drive the private-plane concept before signing on any dotted lines. Some aviation companies offer a try before you buy scheme, for example, offering acc꧙ess to a jet (and crew) on a short-term basis. This way you can get a true feel for a plane, without the financial outlay and management concerns.

Part-Time Plans

If you simply prefer the idea of a personal plane with even less financial outlay and lower monthly management fees, there are other appealing options. These plans facilitate payi💎ng on a “per flight” basis.

• 澳洲幸运5开奖号码历史查询:Fractional ownership is similar to full aircraft ownership from a tax and legal standpoint, but instead of purchasing the plane outright, flyers acquire a share in it via a management company (such as Netjets, which pioneered the scheme in 1986). Shares come in standard divisions such as “Whole,” “Quarter,” “Eighth” and “Sixteenth”; a sixteenth share typically would give you 50 hours of flying time. While fractional generally translates to higher cost on a per-hour basis than owning outright, it allows you to only buy the amount of time that you need.
• Membership plans are available from charter brokers (or licensed resellers of unused fractional shares), who acquire blocks of time from charter companies at a discounted rate. They then on sell these as a “jet membership” or “block-time” cards to private flyers.
• Of course, there’s also simply chartering a plane for one-time use—typically the most cost-effective way to fly privately. This time-honored approach has never been easier, since it's taken full advantage of digital technology