Private jet membership is quickly becoming a popular, economical option for companies that want to avoid the cost and hassle associated with commercial airfare, and fly their employees privately. Indeed, with the rising cost of airfare, it makes good financial sense to look into a private jet membership for your company if you travel more than 350-400 hours per year.
Private jet membership is nothing new – however, only recently has it come into the forefront as an affordable travel option. In addition, as an added bonus, most of the private jet companies are currently offering extraordinary deals just to get your attention. Right now, you can purchase a membership card for much less than you might expect, making private jet memberships much less expensive than if you were to rent an entire jet or apply for a fractional ownership.
Private jet memberships come in all shapes and sizes, so the private jet membership companies will work with you to determine your company’s needs. This will help you decide which plan is best suited to your business; based on the amount of air travel you anticipate scheduling and the price range you’re comfortable with.
Of course, there are some things you need to consider when looking into a private jet membership. First, you’ll need to determine how often you or your employees fly and how long the average trip is. Do the employees usually fly by themselves or is there often more than one person in the party? These answers will help determine the size and type of aircraft you’ll need.
Next, you’ll need to choose the type of aircraft for which you want to purchase a plan. Most companies will be able to offer you one of three types of jets, depending on the answers you provide to their questions. A light jet usually holds 6-8 passengers and has a range of about 2,000 km, or about 1,242 miles. A midsize jet will hold 7-9 passengers and has a range of around 2,500 km, or about 1,553 miles, while a large jet will hold between 8-15 passengers and has a range of 5,000 km, or about 3,106 miles.
The next thing you’ll need to decide is how many hours each month or year you plan to fly and can afford. Most private jet companies offer packages down to a minimum of ten hours. If you decide that 20, 30, or more hours will better meet your needs, you should be able to find a more expensive plan that will guarantee you a larger amount of airtime. At some point, however, you’ll have to decide is fractional jet ownership – where you own the plane outright with one or more other businesses – is more suited to your needs.
Once you’ve determined the type of aircraft you want to rent and the number of hours you plan to fly, you’ll be required to sign a contract with the private jet membership administrator. Most of the private jet membership companies will require a certain percentage of your payment at this time as well.
One of the most important things to remember when searching for a private jet membership is that companies offer different pricing, plans and features. Therefore, it pays to do some research to find the best deal for your company before signing on the dotted line. Speak to others who have used this type of service before and get their opinion. You may find that they’ve received a terrific deal elsewhere or that they have a contact at a private jet company who can get you a great plan at an affordable price.