Owning Your Own Jet VS. Private Jet Rental – How They Measure Up
Increasingly, corporate and private individual travelers are turning to private jet rental to meet their travel needs. In fact, for many of them this has become such a frequent mode of travel that purchasing their own private jet seems like a sensible option. But how does this measure up to private jet rentals? Does it matter how many hours you spend on charter flights? There is a popular rule of thumb that if you or your company utilizes private jets for a certain number of hours per year, that it simply makes more sense to purchase a private jet for your own use. However, it is more important to consider how you make use of private jets rather than for how many hours you use them. For example: Multiple aircraft: Businesses may need their executives and their teams to spend hours flying to meetings and events in corporate jets, but unless you are only ever sending out one team at a time, buying your own jet will not alleviate the need for private jet ren...