JetHub Private Jet Charter Blog

Kevin Lippert

Recent Posts by Kevin Lippert:

Private Jets Create Jobs and Help Boost Economy

private jet

It's a fact. Air Charter Services industry means jobs. From the smallest U.S. towns and sparsely populated counties, to the largest American cities and states, private jets play an important role in local and regional economies. From aircraft manufacturing and airport related jobs, and through the purchase of goods and services by firms involved in the manufacture, operation and maintenance of private jets, business aviation is a major economic driver throughout the United States.

  • Private Jet industry contributes $150 billion annually to the U.S. economy
  • More than 1.2 million people are employed in the U.S. in this industry
  • The majority of the world's business aircraft are operated, serviced and maintained in the U.S., creating jobs in every state
In some states and regions, the industry is a significant generator of employment and local investment. Look to Kansas, where aviation accounts for $7.1 billion, nearly one-third of the state's economy. Aircraft manufacturer's based in Wichita account for the majority of the activity. But even smaller states such as Rhode Island, have an annual contribution around $460 for every resident in the state.
These are small samples of the great economic contribution that the private jet industry provides. Not only are the aircraft manufactured in the U.S., many are exported. Of the aircraft that are manufactured outside of the U.S., many are imported for final assembly.
Topics: Private Jet private jet charter business aviation air charter service business jet

How Businesses Use Private Jets

From recent surveys of companies that use business aircraft the results are not surprising how these critical business tools are used. The value of utilizing a private jet for business can be confirmed by the numbers, the overwhelming majority of business aircraft utilization is due to the pitfalls of the commercial airlines:

  • 64% of businesses that use a private aircraft is because the commercial airlines schedules do not support their needs
  • 19% of the respondents needs are to reach remote locations not supported by the airlines
  • 6% of the usage is due to industrial or personal security reasons
  • 1% are to make a connection with a commercial airline from a remote airfield
  • 9% stated other reasonsbusiness private jet
While most business aircraft are owned by the companies that fly them,they also sometimes utilize private jet charters, fractional ownership, leasing or partnerships.
On-demand air charter provides companies immediate access to business aircraft and flights operate on the passenger's schedule. Charter companies that provide on-demand charter, with often save the traveler money by sourcing empty leg flights.
Companies that charter frequently will often purchase a block of charter time, usually at a reduced rate. Jet card programs are also popular allowing the purchaser to buy typically 25 hours of flight time, without requiring any long-term commitment.
Topics: Business Private Jet business aviation business jet

Four Reasons Why Air Charter Service Is Smart For Business

In today's economy finding ways to improve productivity while working within a budget can be challenging. In this article we will talk about the top four reasons why using air charter service for your business makes sense.

Business Aviation
1. Employee time management
 

Efficient employee scheduling and employee time-savings are possible because business aircraft have the ability to fly on-demand and nonstop between smaller airfields that usually are closer to a traveler's destination than a major airport.

2. Increase traveler productivity, safety and security

When traveling via air charter service, passengers can meet, plan and work in a secure office environment, free from interuptions and distractions. Enabling your team to discuss proprietary information without fear of eavesdropping, industrial espionage or physical threat. Travelers can strategize before meeting or conduct meetings en route. Also, many private jets are outfitted with advanced communications technologies. Most importantly, air charter service aircraft are typically flown by a two person professional crew, helping business aviation achieve a safety record comparable to that of the major airlines.

3. Access to communities with little or no airline service

Businesses can reach 10 times the number of U.S. airports (more than 5,000), than served by commercial airlines. Utilizing air charter service gives the traveller the ability to use smaller, less congested airfields located closer to the final destination. The use of smaller airfields provides economic stability to smaller communities.

4. Scheduling predictability

About 3 percent of all commercial airline flights are cancelled, but nearly one quarter more are delayed. If a commercial flight cancellation or delay causes passengers to miss an airline connection, the odds of getting on the next flight are reduced. Also, some companies are located in towns with infrequent commercial flights, leaving company employees with few or no alternatives if a flight is cancelled.

Topics: private jet charter air charter service business jet

2011 First Half Private Aircraft Sales Report

private jet

Total worldwide sales of general aviation aircraft fell 15.5 percent in the first six months of this year. General Aviation Manufacturers Association (GAMMA) shows total billing of general aviation aircraft of $7.3 billion, which is down 22.3 percent.

GAMA and an aerospace workers union made a statement which blamed political rhetoric for the demonization of the industry resulting in fewer jobs. 

According to GAMA, piston powered airplane shipments were down 37 units from 424 units delivered in the first six months of 2010, a 8.7 percent decrease.  Turboprop plane shipments declined by 143 units, a 8.9 percent drop. Business jets have also suffered, down 26.5 percent to only 261 units.

Topics: General Aviation aviation business business jet private aircraft

Business Jet Market Update Report

The worldwide business jet and turbo-prop markets continue to showpromisingtrens of contracting pre-owned inventories and increasing transaction activity. But the market has not recovered to historically average conditions.

During the most recent quarter, 2.6% of the worldwide active fleet of business jets changed hands in retail transactions (compared to 2.4% in Q1). This metric is inching closer to the 20 year average of 3.0% per quarter. The turboprop market resale transactions held steady at 2.3% in Q2 (versus 2.2% in Q1). The turboprop 20-year average transactions are 3.2% per quarter.

Of the worldwide fleet of business jets for sale, 13.9% are for sale. This is compared to 14.2% in Q1. The 20 year average is 12.6%, indicating that inventories of resale business jets is still high, but at its lowest point since September 2008. The turboprop inventory decreased from 11.6% to 11.1% over the same period, in-line with the 20-year average of 11.2%.

The market of business jets is still saturated with inventory, which means that good deals are still possible.  The turboprop market is a bit more competative since inventory is at its 20 year average.

Source: Amstat report

business jet

Topics: Private Jet aviation business business aviation business jet

Private Jet Hire - Direct Benefits You Gain When You Charter a Plane

private jet

There was a time in aviation history when chartering a private jet was a luxury reserved for titans of industry or well-heeled business executives.  As airline travel has become more expensive, time consuming, and laden with delays and security hassles, private jet travel has become a cost effective way to get from point A to B.  After all, time is money.

As any business traveler knows, flying from a small city to another destination by airline can be an exercise in frustration.  Not only are you subject to limited commuter flight schedules, but smaller airports that do offer commercial flights tend to be serviced by small and crowded planes.  In general, you’re also going to have to connect at a larger hub, fly to another hub, and connect to another commuter flight if you’re flying to another small market airport.  Perhaps you’ll even have to rent a car and drive the last leg of your trip.  Then, you’ll reverse the process coming back.

With a private jet charter, you can bypass service inconveniences, such as:

  • Flight schedules:  You pick your airport, schedule the departure time, and go.  Almost every airport in the country that can handle general aviation can be serviced by a business jet.  Delayed at a meeting?  Your charter waits for you – no worries about missed flights.
  • Long security lines:  The security process for private jet charters is much faster and convenient.
  • Baggage check, baggage claim:  How much time have you wasted in airports standing in line to check your baggage, and then retrieve it on the other end?  With a private charter, your bags are loaded onto the plane when you arrive, and given to you immediately when you land (and let’s not even talk about baggage fees that airlines are now charging).
  • Wasted productive work time:  When is the last time that your team was able to really prepare for a meeting on a commercial flight?  On a private jet, there’s no need to worry about someone looking over your shoulder, and your business information remains confidential – and the cabin of a business class jet is as convenient as a conference room in your office.

Perhaps more than anything, one of the great benefits of private jet travel is the personalized attention that you will receive from the time you book the charter until the time your trip is completed.  In general, private charter services will arrange to pick you up at your home or hotel, take you to your plane, and arrange ground transportation at the other end of the journey.  Throughout your experience, you’re dealing with concierge-level service from a staff whose job is to meet your needs, rather than overworked, surly airline personnel.

The bottom line is that a private jet charter allows you to arrive at your destination rested, relaxed and ready for the work (or pleasure) ahead.  It’s hard to put a price on that level of convenience and peace of mind.

Topics: Private Jet Charter Flights

3 Reasons to Use a Broker For Your Next Private Jet Charter

  1. When looking for the best service and overall peace of mind for your next charter flight, try creating a relationship with a charter broker. Broker's are not biased on using aircraft in their fleet, mainly because they do not have a fleet. Brokers take all request from their clients to the open market where charter operators bid on the specific trip. This huge marketplace enables the broker to have visibility of all available aircraft and locate the perfect fit for your charter flight.private jet, jet safety, charter flights
  2. Industry relationships are very important in the small community of private jet chartering. A charter flight broker normally has an established relationship with the highest rated and safest operators in the industry. The main focus of the broker should be to find the right aircraft that is operated by the best rated company. Most companies are rated by one of two firms, ARG/US or Wyvern/PASS. Both of these ratings provide a complete look into the safety record, insurance and pilot type ratings. These reports can be supplied to the client on every trip, be sure to ask your private jet charter broker for this information.
  3. Charter flights don't end with finding the right aircraft for the mission. There is catering, ground transportation and any number of special request, all of which a charter broker is able to arrange for the client. A broker can be looked at as your personal flight department. The professional manner in which most broker's conduct business is focused on one thing; provide their clients' service that is Beyond Safety...Luxury...Expectation.
Topics: Private Jet private jet charter Charter Flights charter broker

Cancer Patients Fly Free on Private Jets

Orlando, FL, October 22, 2009 - The National Business Aviation Association (NBAA) today announced that $168,000 was raised at the NBAA/CAN Charity Benefit at the 62nd Annual Meeting & Convention in Orlando, FL, with the proceeds going to Corporate Angel Network (CAN).

"We are truly delighted that we were able to help raise so much for such a worthy cause, and we are most appreciative to those who gave so generously," said Ed Bolen, NBAA president and CEO.

Based in White Plains, NY, CAN is the only charitable organization in the United States whose sole mission is to ease the emotional stress, physical discomfort and financial burden of travel for cancer patients by arranging free flights to treatment centers, using the empty seats on business aircraft.

Kathleen Blouin, NBAA senior vice president of conventions, seminars & forums, said the benefit would not have been possible without the efforts of Auction Committee members who organized the fund-raising Live and Silent Auctions for the event. Specifically, she pointed to the effective work done by CAN Executive Director Peter Fleiss, North American Communications President and NBAA Director Mike Herman, Flying Publisher Dick Koenig and Aviation International News Publisher Wilson Leach.

"We thank everyone involved with the benefit, and we are pleased that we were able to support the life-saving missions CAN provides," Bolen added. "We look forward to continuing to support CAN's work through our NBAA/CAN Charity Benefit and other initiatives."

For more information about CAN, or to make a direct donation, visit www.corpangelnetwork.org.

Topics: General Aviation Private Jet Private Jet Legislation

Press Release - Arnold Palmer Supports General Aviation

Golf Icon, Esteemed Businessman Featured in New Video, Print Ads

Contacts: Dan Hubbard, (202) 783-9360, dhubbard@nbaa.org
Katie Pribyl, GAMA, (202) 393-1500, kpribyl@gama.aero

Orlando, FL, October 20, 2009 -Golf legend and accomplished businessman Arnold Palmer is lending his voice to support the value of business aviation to citizens, companies and communities in a new video and print advertising campaign for No Plane No Gain, the advocacy program jointly sponsored by the National Business Aviation Association (NBAA) and the General Aviation Manufacturers Association (GAMA).

"Arnold Palmer has always been an advocate for business aviation, because he has a first-hand understanding of its essential role in serving towns and communities across the country," said NBAA President and CEO Ed Bolen. "For his entire career, business aviation has made it possible for him to succeed in golf and business - all from his hometown of Latrobe, PA, which doesn't have airline service."

GAMA President and CEO Pete Bunce added: "Through these new ads, we will be able to draw even more attention to the messages No Plane No Gain has been communicating: that business aviation supports over a million jobs, represents a lifeline for small- and medium-sized U.S. towns, enables companies to compete and succeed, and helps provide relief to people and communities in times of crisis."

The new advertising, rolled out during the Opening General Session of NBAA's 62nd Annual Meeting & Convention, includes three print ads and three 30-second video ads. The print and video ads complement one another, and build upon the efforts already undertaken through the No Plane No Gain program to educate policymakers and opinion leaders about the value of business aviation to citizens, companies and communities across the U.S.

With a simple, yet powerful delivery, Palmer speaks to the benefits of business aviation in the ads and responds to those who would devalue the use of an airplane for business. For example, in one print ad, Palmer states: "People who build business airplanes make things fly. People who use them make things happen. A few others make things up." In one of the video spots, Palmer states plainly: "For more than 50 years, using business airplanes is the single most productive thing I have done."

Addressing the large crowd gathered at the Opening General Session, Palmer explained why he felt compelled to lend his voice to the No Plane No Gain program. "I know the value of business airplanes," Palmer said. "I know what they have done for me and my companies. I know how important they are to my hometown. And I know how important they are to this country. So I wanted to speak out and help set the record straight."

To view the video ads, visit the No Plane No Gain web site:
http://www.noplanenogain.org/Video_Advertisements.htm?m=47&s=385
To view the print ads, visit the No Plane No Gain web site:
http://www.noplanenogain.org/Print_Advertisements.htm?m=47&s=416
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ABOUT GAMA
The General Aviation Manufacturers Association represents 67 of the world's leading manufacturers of fixed-wing general aviation airplanes, engines, avionics, and components. In addition to building nearly all of the general aviation airplanes flying today, GAMA member companies also operate aircraft fleets, airport fixed-based operations, pilot training, and maintenance facilities worldwide. To learn more, visit: www.gama.aero.

ABOUT NBAA
Founded in 1947 and based in Washington, DC, the National Business Aviation Association (NBAA) is the leading organization for companies that rely on general aviation aircraft to help make their businesses more efficient, productive and successful. The Association represents more than 8,000 companies and provides more than 100 products and services to the business aviation community, including the NBAA Annual Meeting & Convention, the world's largest civil aviation trade show. Learn more about NBAA at www.nbaa.org.

Topics: General Aviation Private Jet Private Jet Legislation

Gulfstream Launches New G650 Private Jet

Gulfstream's new top-of-the-line private jet, the G650, rolled out of the Savannah, Ga., factory on Sept. 29. The airplane rolled out under its own power, in front of an audience of over 7,000 onlookers.

"Our customers had an instrumental role in the design of the G650," said Pres Henne, Gulfstream's senior vice president of programs, engineering and test. "The G650 will set new levels of performance in aircraft capability, cabin environment, and maintainability. Customer input was used to guide fuselage selection as well as aircraft performance characteristics."

The G650 will come with what the company calls Gulfstream Cabin Essentials. This includes redundant fiber optic and wireless technologies, along with the "latest innovations in lighting, seating, acoustics, and cabin systems," said Henne.

Gulfstream announced the G650 in March 2008. The airplane is set for its first flight later this year and is expected to be certified in 2011. First deliveries are planned for 2012.

The G650 seats 11 to 18 passengers; is powered by two Rolls-Royce BR725 A1-12 engines of 16,100 lb thrust apiece; has a maximum cruise speed of Mach 0.90; and can fly 7,000 nm at Mach 0.85. Maximum operating altitude is 51,000 feet.

Topics: Business Private Jet Private Jet private jet charter