JetHub Private Jet Charter Blog

5 Utilization Strategies For Private Jets

1.  Transportation of Employees

The most common use of private jets is to transport employees to meet company objectives. For strategic meetings, new market research, client relationships and meeting with investors.

2.  Transportation of Customers

Quite often companies will utilize a private jet to bring clients to visit a facility to launch a new product or service. The opportunity to make presentations and hold meetings with clients and prospects on the private flight are a major selling point for the usage.

3.  Transportation of SuppliersAir Ambulance

Businesses are able to accelerate and improve supply chain by transporting suppliers efficiently on a private jet. The ability to transport several suppliers for meetings or interaction with clients or just improve supplier relations is key.

4.  Transportation of Cargo, Parts

It is extremely efficient to transport cargo and parts between company facilities, suppliers, customers and potential customers. Larger volume of shipments could potentially reduce overnight shipping cost, especially if the flight is accompanied by a company official. 

5.  Humanitarian and Charity Flights

It's a known fact that private jets support people and communities in crisis by flying supplies, patients, blood and organs. Recently it has become common for military families to be connected via private jet. One well know mission is for emergency relief to victims of natural disaters.

Topics: Private Jet private aviation industry business jet

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

Top 10 Best Airports for Executive Jet Travel - #10 William Hobby

Executive Jet Travel to Houston

Located in Houston, Texas, William P Hobby Airport is the tenth most popular airport for executive jet travel, specifically business jet charter flights. Open seven days a week, year-round, William Hobby Airport is located only eight miles southeast of the central business district of Houston. Covering 1,304 acres, William Hobby Airport has four runways and is the oldest commercial airport in Houston. Built in the 1920’s, William Hobby Airport has been revamped as a primarily private airport for business executives utilizing private jet travel to Houston for maximum efficiency.

With its close proximity to the Houston business district, William Hobby Airport is the ideal airport for executive jet travel and business jet charters to Houston. Minimize wasted travel time by flying business jet charters and utilizing smaller, more convenient airports closer to commerce destinations. Have your private jet charter representative book your ground transportation and lodging as well to completely eliminate travel stress and worry.

William Hobby Airport is also celebrating a recent $250 million dollar makeover that was completed in August 2010. With over 8 million people traveling through William Hobby Airport every year, they changes were necessary to update and streamline operations. With its enviable location and new, state-of-the-art facilities, it seems obvious why it would be one of the ten best airports in the country for executive jet travel.

Houston Business Jet Charter

Topics: Business Private Jet private jet charter business aviation business jet private jet travel

FAA Certification for the Cessna Citation CJ4 Business Jet

 Cessna CJ4

The new Cessna Citation CJ4 is part of the Citation line of business jets by Cessna. The Citation CJ4 is now the biggest in this group of jets and promises noticeable performance and safety improvements. In addition to standard equipment, the CJ4 offers several upgraded features. The specifications for the new Cessna are:

  • Takeoff distance of 1,130 ft at maximum weight
  • Landing distance of 2,700 ft
  • Can reach 45,000 ft in 28 minutes
  • Flies up to 453 knots
  • Range just over 2,000 nautical miles
  • Four-screen Collins Pro Line Avionics suite
  • Electronic charts and graphical weather
  • TCAS II
  • Emergency Descent Mode
  • EGPWS Class A Taws
  • Multi-scan weather radar
  • ADS-B Out capability
  • Essential electrical bus

The aircraft will also debut the new electronically-controlled engines, the Williams International FJ44-4A engine, that the FAA also approved only recently. These engines perform significantly better than others in the same class due to improved technology. It allows business jets to takeoff and land on shorter runways typically used by turboprops only.  The FJ44-4 engine has the best thrust to weight ratio in its class, allowing it to be incredibly fuel efficient.

The newest member of the Citation line will retail for approximately $9 million per jet and deliveries will begin later this year.
Topics: Private Jet business jet private aircraft cessna jet citation jet faa aviation