Need for speed, Buy a Private Jet.

Over the years the change in economy has produced what was once considered a relaxed society, to a fast paced society that never stops. They’re always on the go: Entrepreneurs, businessmen, entertainers, you name it, with little time, and lots of money, the use of private jets has become a prominent feature in the lives of many.

Purchasing a private jet has become an emptor’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.

Air specialists advise that you consider the amount of travel time you spend in the air 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.

$5 million on up is the going price for buying a jet today. 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.

You also need to decide what size of aircraft you would like to buy. 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’ve decided what type of jet you would like to buy, you can purchase your aircraft through a jet dealership, broker, or you can contact the jet manufacturer personally yourself.

Owning a jet by some may be considered frivolous and a mere play toy. But if money is no option, and time is short at hand, the convenience of owning your own private jet can’t be overlooked.

Copyright 2007 Jim Sterling - All Rights Reserved

Private Jet News:
2016 BMW 7-Series review: Road-going private jet is the ultimate in contemporary luxury - International Business Times UK

International Business Times UK

2016 BMW 7-Series review: Road-going private jet is the ultimate in contemporary luxury
International Business Times UK
Some cars are to drive and some cars are to be driven in EUR and the 2016 BMW 7-Series is most definitely the latter. Go for the long wheelbase version, then bravely tick the entire options list, and you'll have a road-going private jet with a blend of .

..


World NewsIt's Super Bowl weekend: rev up your private jet - Financial Times

Financial Times

World NewsIt's Super Bowl weekend: rev up your private jet
Financial Times
The Denver Broncos last competed in the Superbowl in 2014 and lost to the Seattle Seahawks If you are going to arrive at the biggest event in the US sporting calendar, then you might as well do so in style. Helped by a recent rash of app launches EUR and .
Super Bowl 2016: How Much Does It Cost To Take A Private Jet? Football's Biggest Game Draws Some Big SpendersInternational Business Times

all 2 news articles »
..


Private Jets Crowd San Francisco for Super Bowl - Breitbart News

Breitbart News

Private Jets Crowd San Francisco for Super Bowl
Breitbart News
This weekend, there could be as many as 200EUR; EURœabout 1,200 luxury jets are expected at the private airports of San Francisco, Oakland, San Jose and ConcordEUR; EURœNormally it costs $50 to $200 a night to park a jet inside the Hayward hangar. This weekend .

and more »
..


Jackie Chan Buys New $20M Private Jet - YIBADA English

YIBADA English

Jackie Chan Buys New $20M Private Jet
YIBADA English
The actor, who was named second most charitable Chinese celebrity by China Philanthropist magazine, said that with his new jet, he would be able to do more acting and philanthropic works around the world. Chan commended his Legacy 650 for giving him .
Jackie Chan's $20M Embraer Legacy 500 Has ArrivedImmortal News

all 2 news articles »
..

Floyd Mayweather shows off his Gulfstream V private jet amid 'Victory tour' - Daily Mail

Daily Mail

Floyd Mayweather shows off his Gulfstream V private jet amid 'Victory tour'
Daily Mail
Boxing legend Floyd Mayweather has given fans an insight into his luxurious lifestyle with an interior tour of his private jet. The 38-year-old, who retired undefeated in 49 professional fights last September after beating Andre Berto, posted pictures .

and more »
..


Another Super Bowl tradition: a surge in private jet travel - Quartz

Quartz

Another Super Bowl tradition: a surge in private jet travel
Quartz
So you've spent thousands on tickets, hundreds on a hotel room, and now you need to get to the Super Bowl, America's most-watched annual sporting event. Of course you could fly commercial for another couple hundred dollars, but you're already in this .
How the rich fly into the Super BowlCNBC
Find Out Why So Many Private Jets Will Descend On The SF Bay Area For Super Bowl 50Haute Living
Jet-setters swooping into Bay Area for Super Bowl 50KSBW The Central Coast
SFGate
all 458 news articles »
..


Donald Trump's private jet makes emergency landing - Washington Times

Washington Times

Donald Trump's private jet makes emergency landing
Washington Times
Donald Trump's private Boeing jet had to make an emergency landing at Nashville airport on Wednesday, according to federal authorities. The Federal Aviation Administration said the Boeing 757 had to land in Nashville in the afternoon when the pilot .
Trump's Private Jet Makes Emergency Landing In NashvilleCBS Local
Donald Trump's private jet makes emergency landing in NashvilleWATE 6 On Your Side
Donald Trump's plane makes emergency landingTelegraph.co.uk
ABC News
all 322 news articles »
..


Inside Jackie Chan's Brand New $20 Million Private Jet - NextShark

NextShark

Inside Jackie Chan's Brand New $20 Million Private Jet
NextShark
EURœI'm so thrilled to receive this Legacy 500, a state-of-the-art executive jet. In the past few years, my Legacy 650 has brought me fantastic traveling experiences and great convenience, allowing me to do more acting and philanthropic works around the .
Check out Jackie Chan's new $20 million private jetBusiness Insider
Jackie Chan's New $20 Million Private JetPursuitist

all 3 news articles »
..


Delta Private Jets Tallies Record Revenue, Sales - Aviation Week

Delta Private Jets Tallies Record Revenue, Sales
Aviation Week
EURœWe started the year with 53 aircraft on our certificate, which grew to 72 by year's end,EUR said David Sneed, Delta Private Jets executive vice president and chief operating officer. EURœThis allowed DPJ to become the third largest Part 135 operator in the .

..


Elite football fans arrive in Bay Area on private jets - KGO-TV

KGO-TV

Elite football fans arrive in Bay Area on private jets
KGO-TV
Arriving in style for the Super Bowl 50 means traveling in a private jet for some elite football fans. We took a closer look at what flying is like for those living the high life. Six local airports have parking spaces set aside for private jets this .
Private hangar parties: How the Hayward airport prepares for the Super Bowl (Video)San Francisco Business Times (blog)

all 8 news articles »
..


Technorati Tags: , ,