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:
On private jets, celebrities request all kinds of odd things - MarketWatch

On private jets, celebrities request all kinds of odd things
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The private jet booking app JetSmarter revealed to Travel + Leisure some of the most outrageous requests the company has received from celebrities. One high-end couple took a flight without an actual destination. For six hours the pair flew around .

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This Boeing private jet is a flying luxury home - Business Insider

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Floyd Mayweather shows off his SECOND multi-million dollar private jet - Daily Mail

Daily Mail

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So Floyd Mayweather showed that he still means business when it comes to money, by flaunting his new private jet. The extravagant boxer, who isn't shy of boasting about his wealth, purchased a 12-seater Gulfstream III two weeks ago. A member of the .

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Taylor Swift whisks Tom Hiddleston away on private jet as Calvin Harris appears to throw serious shade - Mirror.co.uk

Mirror.co.uk

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There's now an Uber for private jet travel and it's a game-changer - BGR

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Gulf private jet users fly most to London - Khaleej Times

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For example, our wide range of services make private jet a very luxurious option for families from the GCC. It is even an affordable luxury for those who wish to enjoy several stops in various locations. We also offer added value for Gulf businessmen .

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Sir Philip Green spends 48 MILLION on an upgraded private jet - Daily Mail

Daily Mail

Sir Philip Green spends 48 MILLION on an upgraded private jet
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Former BHS boss Sir Philip Green has reportedly splashed out on a 48.4million state-of-the-art private jet as thousands of workers face the dole after the store's collapse. The 64 year old purchased the Gulfstream G650ER - which has a top speed of .

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Up in the air, private jet passengers make odd requests - MarketWatch

MarketWatch

Up in the air, private jet passengers make odd requests
MarketWatch
The private jet booking app JetSmarter revealed to Travel + Leisure some of the most outrageous requests the company has received from celebrities. One high-end couple took a flight without an actual destination. For six hours the pair flew around .
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This $300 million airliner is the hottest new trend in private jets - Business Insider

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This $300 million airliner is the hottest new trend in private jets
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In July, China's HNA Aviation Group will welcome a shiny new Boeing 787-8 Dreamliner to its fleet. This plane is special because it is the first 787 Dreamliner to be built purely as a private jet. HNA's new Dreamliner is symbolic of a hot new trend in .

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Floyd Mayweather -- Buys 2nd Private Jet . AND IT'S SICK!! - TMZ.com

TMZ.com

Floyd Mayweather -- Buys 2nd Private Jet . AND IT'S SICK!!
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