Ever thought about what it might cost to rent a private jet? Ever thought about who uses them or how and where they fly, if they actually have real advantages to business and personal use alike?
It?s big business. In the United States, over 11,000 private jets were registered in 2011. The United States in fact has more private jets than any other country, accounting for almost 50 percent of the private jet market. Europe comes in second with only about 20 percent of the market.
So how much does it cost to rent a private jet? A gulfstream private jet, or a Gulfstream V, charters in at almost $107,000 for a weekend flight from New York City to San Francisco. You may not want to rent a private jet yourself but there are those who engage in private aircraft charter daily, and with proven, great results.
Businesses use them regularly and a business charter jet is not used just by CEOs these days. Only about 20 percent of business passengers are top managers. The larger 50 percent are different types of managers. Even sales and service staff as well as technical staff comprise a good 20 percent of the passengers who use a business private jet.
If someone or a business does rent a private jet, what can they expect in terms of service and convenience? For one thing, smaller jets fly much higher than the cruising altitude of 35,000 feet for commercial airlines. As a result, private aircraft do not have to deal with as much air traffic as do commercial air traffic. This usually makes the flight time of private aircraft much faster. They also use secondary airports more frequently. Only about 19 percent of their flights are into commercial airports. In fact, private jets use over 5,000 airports in the United States whereas commercial airlines use about 550. This cuts down on a lot of time and congestion for passengers alleviating a great deal of frustration.
Interestingly enough, when a business does rent a private jet, on their private jet charter for business, their passengers report that they are even more productive in their work onboard than when they are working in their office. Also, it has been found that when business people fly on a commercial airline, their productivity dropped 40 percent. This is according to a study done in 2009.