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You may often wonder and ask yourself, is a private jet worth its costly price tag? A standard-sized jet has a whopping price tag of $5 million, and it can go up depending on the age, size, and features. Furthermore, when you own a private craft, it is necessary that you shell out thousands of dollars each year for its maintenance and other charges. You will also need to hire a professional pilot to fly you to airport, and a pilot with more than 5 years experience usuallycosts about $60,000 per year.
A private jet is worth all the money that you paid for it if you are going to use it all the time for business and pleasure. However, if you will only use it only a few times in a year, it is certain that the money that you worked hard for will simply go straight to the garbage can.
There are three types of jets that can be used for both business and pleasure.
The first type is called the Light Business Jet, and it can house four to eight people. It costs more than $2,000 per hour, and some of the examples of this type of jet are the Citation Bravo, BeechJet 400, Learjet 35, and West Wind.
Medium Type Jets are the second type of private jet planes, and it usually has a capacity of eight to 12 people. With this type of jet, expect to pay $2,500 to $3,500 per hour. Citation X, Falcon 20, Hawker 700, and Learjet 60 are only a few examples of this type.
Lastly, Heavy Jets are the largest private jet planes around. It can hold up to 25 people, and it can cost up to $13,000 each hour to charter. Challenger 604, Boeing Business Jet, and Falcon 900 exemplify this type.Any of these will get you to your destination country efficiently.
Many people love having their own private plane but simply hate the cost of storing them. Some people are finding new and innovative ways to make money on their jets while they are not using them. Due to the advent of “enhanced pat downs” and “x-ray imaging” in cities, more people are starting to look into chartering planes. They want to avoid the hassle of dealing with the lines and violation of personal space. An owner could offer services over online classified ads to find “customers”. Another option is to sell advertising space on the side of your plane to businesses. Either way you are having space on your plane rented out. Brainstorm different ways that you can rent out your plane and you will be surprised how fast you will see those expenses diminish!
If you are the owner of a business and are a busy executive, you should appreciate the value of every minute that you spend. Time is one of the biggest factors when you run a business. It does not matter the task that you want to complete, moving from point one to point two is the most challenging of all. If it important to meet all the deadlines in a business and more important is getting to the right airport. This is one of the reasons why individuals always look for private jet service to be able to move between destinations. It is not too expensive for one to own a private jet, although most of the times it is being compared to the rates of a commercial aircraft. Besides the prices being competitive, private jets give you the best benefit of travelling when it is most convenient for you.
Pilots can make very good money as a private jet pilot. A private jet pilot is a pilot who charters famous people or really wealthy people. A pilot who charters a private jet can bring in well over one hundred thousand dollars a year. There are pilots who work strictly for one company. A pilot’s job is to charter the corporate workers to meetings that are in other places. A company will pay a pilot by salary. There are companies that will pay a pilot a high hourly wage to fly the private jet. The businesses will even pay for the pilot’s hotel room and food and spending money when they travel. Each company that hires a private jet pilot will have different requirements that the pilot must meet in order to get the job. Some companies want the pilot to have a certain amount of hours in the air before they hire them.
