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Private jets are reserved for the wealthy- which poses a problem for business owners who aren’t quite to the point where they can afford a jet for business or pleasure. Even still, there are ways that the average business can afford a private jet through various means of creative thinking and development.

Your business will have to be quite profitable to be able to afford a private jet, seeing how even small jets will cost several million to obtain. Larger jets can reach tens of millions of dollars, making them affordable only to the biggest of business operations. Still, you can save money each year and start saving money if you are seeing air time of a few hundred hours each year.

Buying a jet much like you would a timeshare real estate property is a good way to only pay for a small amount of the jet and still have full functionality. The only downside would be that you might not always be able to make use of the jet when you need to, since others will be sharing ownership of the jet. If you have enough stakes in the plane, you can easily obtain one for under a million dollars.

If you don’t have the money for a private jet, but don’t mind paying a bit more money each mile to get private jet access, you can get a special membership card that some companies offer. In obtaining the card, which can be obtained at low values, you are entitled to air miles that can be used with your choice of private jets. The drawback is that is more costly.

Don’t be hasty in assuming that after the initial cost you won’t have to forfeit any further funds. Insurance costs, pilot costs, and upkeep costs will easily run you $100,000 or more each year if you aren’t careful. This can be brought down with the sharing plan previously mentioned. Some companies may not even charge you maintenance if you buy a private jet charter debit card.

The private jet industry is not yet optimized for businesses who don’t have a lot of capital to spend. It’ll take some research to find a good deal in your area, and even then giving up the funds necessary for a jet may be too constraining. You should consider other modes of travel before ultimately deciding upon a private jet charter.

Closing Comments

Private jet charters will vary in expense. Renting or buying a stake in a private jet charter can help you curb the costs that would otherwise eat into the budget of your business and personal accounts.

Learn more about Bombardier Lear 35 Private jet Charters and British Aerospace Jetstream 41 private Jet Charters.

This entry was posted on Tuesday, April 28th, 2009 at 5:48 pm and is filed under Business, Reference And Education, Technology. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.