THE BUYER'S GUIDE TO PRIVATE AVIATION - NetJets

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tyPe HoW to Goes deterMine Here WHicH PriVate aViation oPtion is riGHt for you 14 I viSit netJetS.CoM of insurance coverage you receive and the average age of the fleet. An additional benefit of fractional jet card programs is that they provide consistently high quality, personalized 24/7 customer service, and are completely integrated with the fractional aircraft ownership company performing all flight operations. Finally, you gain many of the other benefits of fractional aircraft ownership, including the ability to request a different aircraft type when needed for a particular trip and guaranteed availability typically in as little as ten hours. Some of the differences between purchasing a jet card versus a fractional ownership interest may include: • Fewer aircraft types from which to choose • Longer response times • More peak period (high demanding days typically around holidays that have additional restrictions) travel days • More restrictions on peak period travel days • Higher cost per flight hour Jet card programs offered by fractional aircraft ownership companies are as different as the fractional programs themselves. Accordingly, be sure to compare the fractional companies offering the jet card programs. Key differentiating factors include: full domestic and international capabilities, fleet size, and aircraft choices (see page 16). fractionaL aircraft oWnersHiP When an individual or business flies 50 hours or more per year, fractional aircraft ownership is often the most cost-effective transportation solution. It is particularly advantageous for those who often fly with short notice or during peak demand periods; require departures from multiple locations; need more than one aircraft per day; and demand reliable, guaranteed service and the highest standards of safety. In fact, many businesses utilize fractional aircraft ownership programs either as a supplement to their own fleet or as their primary method of private flying. WHoLe aircraft oWnersHiP The ownership of an entire aircraft may be best suited for individuals or businesses that typically fly more than 400 hours per year and do not mind the responsibility of managing an aircraft. There are many factors to consider when purchasing an aircraft including: • Limited aircraft at your disposal increase your chances of scheduling conflicts. • Access only to the aircraft type owned means the aircraft type may or may not fit the mission. • Risk of delay if your aircraft is out of service for maintenance.
HoW to deterMine WHicH PriVate aViation oPtion is tyPe riGHt Goes for Here you • Unpredictable costs resulting from unforecasted events that may make budget forecasting a challenge. • Deadhead flights add increased costs from flying an empty aircraft to a location to pick up passengers. • Need to pay for all hours the aircraft is in the air including both occupied and positioning flights. • Need to hire experienced pilots and provide ongoing training. • Aircraft maintenance standards vary in cost and by location. There are several factors that may lead you to choose fractional aircraft ownership even if you are flying more than 400 hours per year. Fractional aircraft ownership may still be right for you if you answer “yes” to any of the following questions: • Do your trips originate from multiple locations? • Do the number of passengers and the distance of trips vary? • Do you stay for multiple days? • Do your personal or business needs make an “out-of-service” plane unacceptable? • Do you often need more than one aircraft on a given day? • If you already own an aircraft, does it often “deadhead” or fly empty? The optimal solution may involve a combination of the above alternatives. For example, fractional aircraft ownership provides the supplemental “lift” that allows companies to keep their fleet operating smoothly 24 hours a day, 365 days a year. This supplemental lift can be used as an efficiency enhancement tool to create greater utility and operational cost savings within the fleet to avoid lengthy and wasteful positioning flights or may be needed when an executive unexpectedly needs to be picked up in an out-of-the-way location, an aircraft is out of service for maintenance, or a surge in air travel requirements temporarily outstrips their fleet’s capacity. CaLL 1-877-638-5387 I 15
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THE BUYER'S GUIDE TO PRIVATE AVIATION - NetJets

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