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Owning A Private Jet Is Cheaper Than You Think

Mar 4, 2008
Owning your own jet may not be as unrealistic as you may have thought. There are now thousands of business executives, athletes, and celebrities flying their own personal jets every day. The idea of having this personal mode of transportation is no longer for just the billionaires and world leaders.

Aircraft companies such as Boeing, Gulfstream, and Cessna have been working hard to cut down on the overall costs of purchasing, operating, and maintaining small jets for years. Within the past five years the breakthroughs in technology and construction have helped drop the cost of these planes very noticeably. A small jet that could carry 4-8 passengers would usually cost between $3 to $4 million dollars about a decade ago, but now it could be yours for roughly $1 million.

Business executives and those who need to be anywhere in a short times notice have been benefiting greatly from these relatively inexpensive jets. There has been a 30% increase in small airline traffic at airports within the past decade, and almost all of those are from these personal executive jet. One million dollars is nothing to go throwing around; however, there has also been an increase in the availability of leasing arrangements for aircraft. Think of it as a time share for a plane. You don't pay the cost of the plane upfront; you just share in the cost of maintenance and usage when you are on it.

Besides the whole benefit of being able to fly almost anywhere you need to in a moment's notice, owning your jet and/or flying a jet brings about other advantages. Most airports offer private parking, your own security checkpoint, executive lounges, and sometimes free transportation to the airport. You will also wait in line less and skip the hectic atmosphere of the airport. When you land at your destination, you also won't have to wait for a gate or wait for your luggage to make its way through the airport to the luggage carousel.

Have you ever had a difficult time finding an airport right next to your final destination? With a private jet you have virtually limitless possibilities for airports to land at. With the smaller airports you also skip any traffic or hustle and bustle in major cities.

Even though these personal jets are much smaller than the planes you may be used to flying, doesn't mean they lack in any category. These planes have the same if not more capability for flight time. A flight from Los Angeles to Paris is completely possible. The jets are also more spacious and give more room for passengers, along with offering luxuries ranging from a small bedroom quarters, flat screen televisions, and personal wet bar.

If you are a business executive, or just an individual that knows the value of time, then a personal jet may be for you. Remember, even leasing a jet aircraft for a fraction of the price of purchasing one can reap you benefits beyond your belief. Next time you are on a crowded plane and looking down at your small cup of soda and the ridiculously small portion of old pretzels, just remember you could be flying in style in your own relatively affordable jet.
About the Author
Find travel credit cards and more of Charles' work at FINDairlinecards.
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