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:
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New private jet outfitted with gigantic windows and skylights is what traveling dreams are made of - AOL News

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Hedge fund took out loan for private jet amid bribery inquiry - Financial Times

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You can now put a sunroof in your private jet - The Verge

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Customers purchasing one of Embraer's $53 million Lineage 1000E private jets can ask for wraparound glass windows in the front section of the plane, giving passengers unparalleled views as well as access to natural light. Just imagine cruising at night .

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Sam Wisnia said to be treating Deutsche staff to a private jet while Cryan flies commercial - eFinancialCareers

eFinancialCareers

Sam Wisnia said to be treating Deutsche staff to a private jet while Cryan flies commercial
eFinancialCareers
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Private Jets Get the Door-Sized Windows They Always Needed - WIRED

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The Brazilian airplane manufacturer now offers spectacularly large windows in its $53 million Lineage 1000 business jet. The expansive glassEUR”one window is the size of a standard plane doorEUR”bathes passengers in natural light and provides views perhaps .

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You can get a private jet with a wraparound sunroof for just $53 million - Mashable

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First trip on a private jet? Here's what you need to know - USA TODAY

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Chris Brown denies reports he was 'kicked-off his private jet for hotboxing aircraft' - Daily Mail

Daily Mail

Chris Brown denies reports he was 'kicked-off his private jet for hotboxing aircraft'
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