The Advantages of Fractional Jet Ownership
The major advantages are sometimes considered to be convenience and cost. Statistical studies indicate that business jets generally are more cost effective than commercial services even when there are commercial services available between the cities involved. The studies indicate the following savings of time and money:
- Using business aircraft saves 4 hours travel time and 8 hours productive time per trip.
- Business aircraft saves hotel bills and overnight time away from home.
- The typical business jet trip saves $1,400 in direct costs, airfare, salary, expenses, and $7,600 per trip, giving value to the value of the individual(s) to the company.
- As a benefit to some executives, smoking is allowed on business jets. The companies state they are able to purify the air and eliminate any odor between flights.
- Business jets can land at about 5,500 United States Airports versus about 500 for commercial service.
- You may need a second jet to take company personnel to 2 different places at the same time
About 25% of corporate jets are owned by individuals who want or need a jet for personal and family travel as well.
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