Chartering a Private Jet

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 airplane, 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 likelycosts 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 rubbish pail.

There are several types of private air charter services, and here is a list of the top three that is most commonly requested by travelers.

1. On Demand Services - More frequent travelers choose this type of service for they have complete control over everything. A traveler can choose the destination city, the time and date of departure, and even the type of jet to be used.

2. Ad-Hoc Private Charter Service - This service basically means that you rent a private jet plane as an individual or to represent your organization. There is a big possibility that you will get discounts or special prices, especially if you availed of the services of the airline repeatedly.

3. Private Charter Membership - It is obvious for those who travel all the time. If you become a member of a certain airline company, it is likely that you will get better costs.

Private jets are great resources for many large companies. They can use them in many ways. It could allow them to fly into very small communities that a larger plane might not be able to do. They do not have to wait for a commercial flight. They choose their own schedule, and what country they will fly into. Many businesses like the idea of owning their own craft, but do not need a jet full time. It is possible to buy into an ownership plan where the business acquires a share of the plane. They share it with other owners. They can sell their part at any time. They can use the plane for up to one hundred hours of flight time. They pay an additional monthly fee. It is much like a time share. This is the perfect situation for some businesses.

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 make 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 companies 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 employment. Some companies want the pilot to have a certain amount of hours in the air before they hire them.

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 countries, 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 leased out. Brainstorm different ways that you can rent out your plane and you will be surprised how fast you will see those expenses lower!