Chartering, Leasing Or Renting Private Jets – Choose The Best

In modern business and professional world, travelling demands never cease but reliability, comfort, punctuality and cost of travelling with commercial airlines more often than not leave a lot to be desired. Most of the time it is impossible to avoid a business trip but making the necessary arrangements and other required activities always puts some more pressure on the bottom line and in those situations, jet rentals or aircraft leasing can truly be a better and preferred alternative. Situations like this have heavily contributed to the growth of business aviation and companies like Nicholas Air are gaining in rapid popularity with their range and variety of private jet aircraft ownership, leasing or rental programs.

But chartering, leasing or buying – which is the better choice is a question that has also become important and companies do actually take a lot of time to compare and decide which of the above options is the best suitable for their exact requirements. But one thing that becomes heavily important here is the fact that in this case weighing the requirements versus the company’s available resources for this is never as simple and little significant as buying a company car and in reality corporate aircraft ownership is required to justify its basic requirements. This can hardly be done only in terms of financial prospects for a number of different factors like impact of the business aircraft on the company’s financial conditions, cost reduction and improved flexibility in providing support to the travelling executives and time saved for the organization are also required to be considered.

By adding up the sum value of the elements and also comparing the differences between the range and speed capabilities of the jet aircraft for sale, potential buyers can now weigh and value their purchases more objectively and it has been seen time and again that purchasing a business aircraft is the best option for most companies. In order to best gauge the situation and decide whether you should charter a private jet, rent it or lease it, here are a few factors those you need to consider to come up with the best and the most profitable decision for your company.

Companies seldom have identical corporate travel requirements and defining your mission according to the number of people travelling, trip frequency and the distance travelled on a regular basis is the first thing that you are required to do. Identifying those needs will give you very clear idea of whether you should go for a jet lease or have partial jet ownership. Assessing past travel patterns can be a great way of identifying the exact travel requirements of a company and also give you a better idea of the travel time required by your executives. Total number of travel days and number of people travelling, number of destinations regularly visited and the also the distance between them, number of recurring and one-off trips, total cost of travelling in commercial airlines and difference in cost between commercial and corporate aviation are factors you should also be considering for making the right decision in this respect.

About The Author

Robert Engvall is an online travel writer. Through the various articles that he writes, he reaches out to readers advising them on travelling safely and cheaply. Presence of useful information and interesting tips such as that related to Private Jet aircraft, Jet cards, Jet rentals etc. help in making life a little easier for flyers everywhere.