Unique Original Articles » The Best Choice To "Owning" A Private Charter

The Best Choice To "Owning" A Private Charter

Author: Daniel Pott

There has been a debate in the private aircraft community lately concerning the future of how clients will use and pay for the services. There have been different methods over the years, some innovative, yet still the preferred method for those that can affords it is to purchase the aircraft that they want and staff it and maintain it themselves.

This is the best way to do it for the pure convenience and control over the process, but it's also the most costly way to own a plane. But if you utilize this plane frequently, then this is the best method of ownership. If you happen to be only flying a few hours a month, less than one hundred hours a year, then the expense of ownership might not be the preferred way to go. There are a lot of maintenance costs and the cost of keeping a flight crew on call is enormous.

But there are programs and opportunities to fly the way you need to without having to own your own jet. Of course chartering a flight is the easiest and most straightforward methods to use. You call the service and tell them what you need and they quote you a price. Then you get on the plane, fly where your destination and that is the end of your commitment to each other. There are a couple other methods of flying, but they involve more of a long term commitment in one way or another.

Money changes hands upfront and you are locked into using a specific company for an extended amount of time. Now, this is a great way of knowing what your costs will be for a set amount of time, but it limits you on how much time you actually get in the plane. The first of these methods is fractional aircraft ownership where the client, for a fee owns a piece of a aircraft, usually an eighth of more.

This allows them to fly a certain amount of hours per year, but also there is a monthly maintenance fee that needs to be paid in order to keep the planes upkeep up to date. It also pays for pilot training and the crew. These monthly fee will depend on the percentage of the plane that you own. The next method is a flying card for a certain amount of hours per year. It will determine what size planes you have access to and how numerous hours a year you can fly.
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