Wouldn’t it be great if your company could have its own private jet, ready and waiting to transport you to important business meetings around the world? As your company grows, you may reach a point when trying to book commercial flights for several of your executives can end up costing a lot of money. However, buying your own plane isn’t always the best idea either – especially if it will wind up sitting idle most of the year.
For this reason, many companies are choosing an alternative known as fractional jet ownership. This concept has become very popular in the past years with companies who need a private plane available, but don’t want to shoulder the burden of paying for one themselves. Fractional jet ownership allows you “go in” on the purchase of a private jet and share it with other parties who have similar needs or wants. The following five reasons illustrate why this concept has become se popular in the last few years.
You can share the cost of upkeep
Rather than paying all the costs associated with the maintenance and upkeep of a private jet on your own, you can spread out the burden by sharing them with other part-owners of the plane. For example, instead of undertaking the cost of a motor overhaul all on your own, you’ll pay just a fraction of the cost and be back in the air in no time. Jet repairs aren’t cheap, so fractional jet ownership is a great way to minimize these expenses.
Save Money on Each Flight
It may seem a bit indulgent and over the top to fly on a private jet for each flight you take; however, it can actually wind up being cheaper than flying commercially. For example, consider that the cost of flying ten employees across the country for a last minute meeting can run into the thousands. When you work with a company that offers fractional jet ownership, you only pay for the time you’re in the air – whether you schedule your flight today or six months in advance.
Enjoy Your Privacy
When flying on a commercial flight with your colleagues, it isn’t always safe to discuss the meeting you’re about to attend. After all, many company details are confidential and shouldn’t be discussed in public. However, when flying on a private flight, you can discuss anything you need to, without the fear of being overheard. In many cases, these last minute collaborations can make or break the deal you’re about to discuss.
No More Rushing To Catch Your Flight
Unlike flying on commercial airlines, you don’t have to worry about missing your flight when you use a private jet, since the pilot has no reason to take off until all the passengers arrive. When you use a private jet service, you can be sure that you won’t miss a meeting due to flight delays or missed connections. You control your own schedule, which can be very helpful in the business world.
Skip the Long Lines At Security
As you probably already know, security lines can be long and tiresome when flying commercially. However, when you’re flying on your own plane, you’re the only one who has to pass through security – significantly reducing your wait time. In many cases, your car can be checked in upon your arrival at the terminal, allowing you to proceed directly to the plane.