JetHub Private Jet Charter Blog

Kevin Lippert

Recent Posts by Kevin Lippert:

Frequent Fliers Climb into the Cockpit of Private Plane

Ms. Kornegay, who owns and operates two hotels in Mount Olive, N.C., drives to nearby Mount Olive Municipal Airport and flies her personal private plane across the state to an airport near Charlotte. The entire trip takes one and a half hours. "That adds up to an additional five hours each week that I can be doing something else," she says.

Self-piloting doesn't make sense for every business owner, but can be a rewarding experience. If you want to become a private pilot, flight instruction typically costs up to $9,000, according to the Aircraft Owners and Pilots Association in Frederick, Md., and there is the cost of the plane, the initial investment, plus annual fees for storage and maintenance.

The Federal Aviation Administration estimates the number of pilots with a private license has decreased by about 14% in the last 10 years.

Allowing some entrepreneurs who travel frequently the ability to travel when the time is right, makes sense when you consider the time savings from avoiding long drives and airport delays. "There's not necessarily a monetary case to be made for it," says AOPA spokesman Chris Dancy. "But when you start to add in lost productivity and the additional hotel and rental car expenses, aviation makes a much stronger case than trips using airlines."

The AOPA estimates that the cost of flying an aircraft provides the most return for flights that are less than 500 miles.

About 85% of companies that use personal aircraft are small or midsize companies, estimates Ed Bolen, president and chief executive of the National Business Aviation Association in Washington.

As CEO of McColla Enterprises Ltd. in Topeka, Kan., which owns the Street Corner mini-convenience store chain, Mr. La Colla flies to visit his 50 franchise locations in places such as Danbury, Conn., Bloomington, Minn., and Nashville. "I just wanted to swing through those cities but doing that commercially would be miserable," he says.

Mr. La Colla says his time in the air costs about $100 an hour, including the fuel, oil, repairs and engine wear. So flying time from Topeka to Chicago, which is just shy of 600 miles and takes more than two hours each way, costs almost $500 round trip. That trip on the commercial airlines averages about $150.

But that doesn't account for the extra five hours of agony Mr. La Colla would have to spend driving to/from a commercial airport, passing through security, and the inconvenience of traveling on the restricted schedule of the airlines.

Businesses also get the benefit of the expense write-off and depreciation of a company owned private plane. General aviation provides for thousand of jobs and creates greater efficiencies for all air travelers.

Source: The Wall Street Journal 

Topics: Business Private Jet General Aviation Private Jet Legislation

Corporate Private Jets Boost Local Economy

pwk, chicago executive airport, private jetThere many articles circulating these days on how evil private jets and their owners are in this economy.  Well, here is a report that shows how much of an impact corporate jets have on the local economy.

Here is a snapshot of one-year activity from Chicago Executive Airport (KPWK) in Wheeling. This report is from one FBO and the revenue generated over this period. Remember, this is just one airport and one FBO reporting these numbers.

  • 745 - Number of hotel reservations booked
  • $83,880 - Revenue for Hilton Northbrook, Wingate Inn and other hotels
  • 3,385 - Number of car rentals from the one FBO
  • $580,446 - Revenue for on-site Hertz car rental
  • 1,388 - Number of taxi cab rides originating from Chicago Executive
  • $48,544 - Revenue for 303 Taxi cab service that originated from KPWK
  • $17,796 - Dollars spent in Wheeling area restaurants for the FBO related business meeting

Overall, these number are not huge. But when you look at the thousands of similar airports across the US, the impact is enormous. 

Source: Chicago Executive Airport, 2007 report

 

Topics: Business Private Jet General Aviation Private Jet private jet charter

Increased Gulfstream Jet Orders Reported by General Dynamics

One of the largest makers of business jets, General Dynamics Corp. is seeing an increase in orders for its large-cabin Gulfstream private jet aircraft.

Jay Johnson, chief executive officer of General Dynamics, "Not to say business is booming, but clearly we are starting to trend to more activity.

Gulfstream is focusing it operations toward private companies and individuals, Johnson said. Less than half of new jet orders are from North America, and the company's backlog of private jet orders is approaching $20 billion.

Johnson later said, "You will see margin growth, sales and an order book that is going to be robust as the industry rebounds from the challenges right now. 

Source: Bloomberg 

Topics: Business Private Jet Private Jet private jet charter

Airbus executive says more corporate jet sales next year

The European manufacturer, Airbus, said last Wednesday that corporate jet sales are expected to rise next year mirroring the growing Chinese market.

Vice president of executive and private aviation, Francois Chazelle, was reported saying that more Chinese billionaires are considering buying corporate jet for their private jet travel.

He said there would be interest among Chinese businessmen who are looking to purchase companies after the financial crisis.

The number of Chinese billionaires owning a private jet is about a tenth of that in the US, he added. Airbus reports that the Middle East, Asia and Europe are their three largest corporate jet markets.

Source: MSN News 

Topics: Business Private Jet Private Jet

Private Jet Charter a Better Deal Than You May Realize

Private Jet CharterIf you are looking for an alternative to commercial flights, there is nothing better than taking private jet charters.

Flying by commercial planes can be inconvenient. You have to wait in long lines just to get through security, the seats are small, and you must leave your house at least 2 hours before the flight is scheduled to leave. No need to worry because there is a way to get to your destination without those hassles. You can take a charter jet on your next trip.

Private jet charter flight services main concern is to serve you well. They want to ensure that you have a relaxing and comfortable flight when you travel. You can just sit back and relax with the cozy ambiance of a quiet non-cramped private jet, you can even travel with your pets in most cases. Plus, you can be sure that you will be safe. Operators adhere to FAA standards and procedures; they always follow the safety rules and regulations, pilot licensure and maintenance concerns.

You might think that charter jets cost are well out of reach for your budget. But this is not true. There are situations when a flight is booked as a one way flight, the plane still needs to return to its home base. Normally, on the return flight, they fly with no passengers. These flights are normally called Empty Legs, and because the planes still have to fly, they could lose money on the trips back. The great thing is that they offer these empty leg segments at a discounted price. The advantages and benefits of these empty legs could be provided to you with a memorable flying experience at a discounted rate of a typical charter flight.

Your best option if considering a private jet is to work with a qualified Charter Broker. These companies have access to the thousands of aircraft that are available at discounted rates. Thanks to this private charter flight services, you no longer need to deal with the inconvenience of flying on a commercial jet. You can now fly in comfort and in style at a affordable price.

Topics: Business Private Jet Private Jet private jet charter

NBAA Welcomes Proposal to Create LASP Rulemaking Committee

Washington, DC, June 29, 2009 - The National Business Aviation Association (NBAA) today welcomed a congressional proposal that would require the Transportation Security Administration (TSA) to work more closely with the general aviation industry on its controversial proposed Large Aircraft Security Program (LASP) and other security initiatives.

Representative Charlie Dent (R-15-PA) introduced legislation that would require TSA to create a rulemaking committee with general aviation (GA) industry stakeholders when developing security measures for the industry. H.R. 3093 was cosponsored by eight other House members.

"This legislation shows that Congress understands that we can accomplish more good if we work together rather than separately," said NBAA President and CEO Ed Bolen. In the time since the TSA introduced the LASP last October, Bolen has repeatedly called for a rulemaking committee like the one envisioned in the legislation introduced today.

"The business aviation community has a long and demonstrated history of partnership with government in developing effective yet workable security measures for the industry," Bolen added. "A rulemaking committee, like the one proposed by Rep. Dent and others, would provide a consistent forum for stakeholder information sharing and the development of measures that enhance security while recognizing the need for mobility and flexibility."

More than 7,000 comments were submitted to the TSA in February regarding the LASP proposal. Almost all of the comments suggested that the proposed changes would be onerous to the thousands of businesses that rely on GA aircraft.

# # #

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.
Topics: Business Private Jet General Aviation private jet charter Private Jet Legislation

More Businesses Are Using Private Jet Brokers

business private jetIf you are looking for a more efficient and comfortable flight on your next business trip, take a private jet for the ultimate in service, satisfaction and time savings. 

Finding the ideal flight for business trips has never been so easy. Even if you prefer traveling first-class on a commercial airline, you can still experience the hassles and the inconvenience of spending your entire day at the airport. Providing faster service to a client location can prove to be beneficial. Not only are you able to respond to your clients needs faster, you and your team will be more productive. Chartering a private jet for a business trip pays for itself in the amount of time saved and the productivity of your team.

The advantage of taking a private charter jet than any other option is that it saves you time and less delay. Private jets rarely get canceled, you fly on your schedule even if you arrive to the airport late, the plane will be ready. In the rare case that there is an issue with your private jet flight, you would have a big advantage if you used a charter broker service.  Brokers are able to find a replacement aircraft from the vast list of operators they deal with. 

That is why more businesses who choose to travel using a private jet charter, work directly with a broker. Brokers have access to several thousand aircraft operated by hundreds of companies, a broker has the flexibility to secure the proper aircraft for your needs. About the cost, you do not have to worry because it is not expensive at all, especially when you travel with groups. If you divide the overall cost for several passengers, it would cost about the same as a first-class ticket for a typical commercial flight.

So if you want to get to your destination with all the convenience and comfortable seats all at an affordable cost, there is nothing better than chartering a private jet. It will not only provide you a sense of comfort and privacy, but as well give you less stress and less delay in each of your business trip.

Topics: Business Private Jet private jet charter

Negative Effects of Cap and Trade on Private Jet Travel

The aviation industry has always cooperated and transformed itself to play an important role in making the atmosphere free from carbons and other chemicals. Researchers and scientists are now looking for ways how to make it happen.

The aviation industry has led the strike in getting new levels of fuel-efficiency, struggling to improve lighter plane bodies and prioritizing the invention of greenhouse gas-reducing engines. Despite these promises and commitments, the aviation industry would face a big challenge pursuing to invest in greener technologies under the government system called: cap-and-trade. At the annual Aviation Summit on April 29, top industry representatives met to discuss how aviation is leading the green technology advocacy, and how various cap-and-trade strategic plans would threaten to jeopardize all of what the aviation industry has worked so hard on.

For example, the cost of fuel already shows to be between 30 and 50 percent of private jet travel and the airlines operating expenses; this is already an overwhelming cost that airlines and other industry, including private jet charter, sectors single-handedly worked to decrease fuel-saving advancements and methods. Constituting a stern cap-and-trade system on aviation would force the industry to cut budgets in any way possible, meaning significantly decreased improvement of emissions-reducing technology, further loss of jobs, and higher costs to customers.

There are many ways to allow lower emissions and lessen greenhouse gas concentrations in the environment. We must look for energy policies that do not distract key industries, but advocating their ability to lead the way in the research and improvement of green, clean technology. This means the aviation industry must continue to invest in new planes, new equipment, innovative technology, and alternative fuels.

Topics: General Aviation private jet charter Private Jet Legislation

User Fees Could Kill General Aviation

User fees for general aviation is not a dead issue. Is this true? Well, for all stakeholders in general aviation, read this article. For pilots and employees of the aviation industry, read this article as well and be careful and wary about this news. This short article is for you to know what issues the industry of aviation will have to face if this implementation on user fees becomes reality.

The aviation industry will face a lot of challenges and when it comes to implementing the user fees at airports. The first challenge will be the allocation of costs on a pro-rated basis. The first most obvious negative effect of user fees is that general aviation pilots--seeking to reduce their cost of flying--will use ATC less. Some of these IFR flights will become VFR flights, flying under the clouds with small or no margin of safety at all.

The second negative effect is that it is inevitable; the decreasing use of ATC services as major general aviation pilots look to reduce their cost of flying and decreasing revenues collected from user fees. Normally when the government finds that fees are not covering costs, they simply have to raise the fee; this would lead to a bad cycle of rising rates and costs for pilots.

The government has now an allocation in the budget for 2011, implementation on user fees. Pilots should remain vigilant and wary for all new attempts to re-implement user fees in new ways built to make them more appealing and more likely to get passed by Congress.

The most effective way for the government to overcome some of the FAA cost is to look at what has worked for several decades.  Fuel tax has been effective and most private jet charter companies would accept a slight increase in the fuel tax before user fees would be acceptable.   

Use private jet cards over fractional jet programs.

Charter jet cards are normally a prepaid block of number of hours on a type of jet; or probably a specific category of jets which are light, mid-size, and heavy. Even though some card programs charge a higher hourly rate than other charter companies, they guarantee availability of an aircraft and they charge you only for the number of hours you are flying on the plane. The typical hourly rate will be same as that of a chartered plane. If you initially fly on longer trips where it is impractical to keep the plane waiting for you, a charter company will normally charge you for the repositioning, or the least of minimum usage fee of two hours per day; this is to keep the plane at your destination until you are ready to return home.

While with fractional jet programs, customers or owners purchase a share of the plane, instead of the entire plane. The cost is pro-rated from market cost of a full aircraft. Owners or customers then have assurance of access to that plane with as little as four hours of notice. Fractional customers or owners pay a maintenance fee every month and also an hourly operating fee when occupied; this is not the case at all on jet card programs. Charter jet cards do not charge you with this; they only charge you with the number of hours of your flight. The operating fee is charged only when a guest is on board; this is not when the plane is flying to a get to a destination, or returning to the home base after completing a flight.

Topics: Business Private Jet JetCard 2.0 private jet charter Fractional Jets