Corporate Jet | Executive Jet - Buy or Lease?

Executive Jet - Buy or Lease?

An executive jet can be a very practical investment. When flying to and from important business situations or romantic getaways the corporate jet is a hassle free and luxurious method of traveling.

For an expanding business that operates on a worldwide scale, executive jets are becoming less a frivolous toy and more a necessity. The cost of purchasing an executive jet is significant so you need to consider all of the available options.

There may be no better first impression then stepping off a private jet to meet a client. At that moment, they will be thinking that your company is effective and profitable, a reliable and fast-moving company. Bragging rights come with owning a jet, but ownership also suggests that your company is in a stable financial position, one that allows for this significant and important purchase. Offering a luxurious and highly technological interior, the chartered jet is bound to impress.

Deciding whether to buy or lease depends on a number of factors. Primarily, how often is the private jet going to be used? While definitely cost-efficient in the short term, chartering may become expensive if you find yourself traveling often for various invaluable business activities. If you plan on chartering more than several flights a year, buying may be the better option.

Availability is a significant part of full ownership. With no necessity of contacting the company to charter a jet, a privately owned jet is the quickest way to get into the skies. A chartered jet may not be as reliable. While there are numerous companies offering executive jets, your essential trip may be delayed if the jet is at a different airport or if all jets have already been claimed.

If you have decided to purchase a private jet, a viable money saving option is to become your own pilot if you have the time. Pilots have to be permanently employed and cost hundreds of dollars per trip. Flying your own plane is a thrill unlike any other, and can be a very satisfying hobby for the successful business person.

While owning a corporate jet is the height of convenience for the global businessman, chartering a jet can be a cost-efficient decision for the cash conscious consumer as well.

Beyond the cheaper cost of the individual flight, a chartered jet is owned by another company. This means all maintenance and repairs are done by someone else, saving you money and time. Additionally, privately owned jets must be well maintained, and the owner must rent space to keep the jet at the airport.

Whether cruising the skies in your very own executive jet or chartering a flight, rapid and timely travel is necessary for an expanding global business. When you consider all the work that will be done in the distraction-free environment, either in your own or a chartered corporate jet, you can be sure that the company will be well served.

Filed Under Best Corporate Jet, Corporate Jet Charters |

Tagged With , , , , , ,

Comments

Leave a Reply