Buying a Private Jet.
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As our economies grow with technology, the pace of life continues to grow at a frightening pace. People like entrepreneurs, businessmen, entertainers, you name it, always on the go. For the more wealthy among this group the use of private jets is now a prominent feature.
If you are thinking of purchasing a private jet it is now a buyer's market. You have a selection of small turbo jets to large commercial jets that have been converted for private use. If you're in the market to purchase a jet you might want to consider a few things before purchasing.
Just consider how much time you spend travelling in an airplabe before buying. An amount of 350 - 400 hrs qualifies investing in the purchase of a private jet. If you don't fly that many hours, but would still like to buy a jet, you might want to consider buying a jet as a fractional partner. This is where a jet is purchase by two or more interested parties. Anything pertaining to the ownership and care of the private jet is split equally.
If you are expecting to get change from $5 million from buying a jet today, think again. Like owning a car, jets require maintenance and there are hidden expenses that can be quite high. Not only do you need your own flight crew, you also need fuel, insurance, catering services, and a hanger to store your plane when not in use. These costs can be anywhere from $100,000 to $200,000 a year depending on the size of your private jet. You can always use the services of a Jet Management company that will provide all of these services for you.
The size of your new aircraft is also important. You have your choice in jet size ranging from light (capacity 8 passengers, around 2,000 miles), midsize (capacity 9 passengers, around 3,000 miles), and large, (capacity 12 passengers, around 4,000 miles).
Once you have chosen the jet you would like to buy, you can purchase it through a jet dealer, or you can contact the jet manufacturer personally yourself. Whilst some may consider owning a jet as frivolous, if money is no option, and time is short at hand, the convenience of owning your own private jet can't be overlooked.
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| Paul McCartney and Nancy Shevell get off his private jet in Quebec . Paul McCartney and Nancy Shevell Image details: Paul McCartney and Nancy Shevell served by picapp.com... | ||
Kate Moss: 'I'm saving up for a private jet' - Telegraph.co.uk
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Crash-landing for Indias jet-set barons (The Peninsula) mumbai EUR˘ Indias taxman is bringing the countrys super-rich down to earth EUR” by seizing their private jets. At least 10 luxury aircraft have been impounded by Indian customs officers in the past fortnight and hundreds more are being scrutinised... | ||
NICKLAUS: MONEY MAKING PLAYERS SOFT (New York Post) SOUTHPORT, England - Jack Nicklaus noticed some old faces atop the leaderboard during a brief visit to British Open yesterday, making him wonder if younger players have too much money and not enough desire. Nicklaus' private jet arrived as... | ||
Region's first private jet airport set for Abu Dhabi - ArabianBusiness.com
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Oil doesn't worry the Indian private jet industry - Economic Times
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