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Monday, April 20, 2009

How to Buy Private Jets

private jet is possibly the ultimate status symbol for the truly successful individual. Private jets are also owned by corporations. They are placed at the service of executives who often need to travel at a moment's notice. Buying a private jet requires taking a careful look at what you really need in air transportation. Read on to learn how to purchase a private jet.
Step1 Consider what you need. Private jets come in a variety of sizes. A small craft may be sufficient if it is going to be used only by a small number of people. A larger and more luxuriant plane will transport large numbers of people while making a statement about you or your company. Take a look at what the market has to offer. An Internet search will reveal numerous companies that specialize in the sale of private jets. They start at as little as $1 million for a six-person Cessna, but your private jet could set you back by tens of millions.
Step2 Decide how your craft will look. This includes the external appearance. A private plane might feature a corporate logo or personal emblem. It might also be painted in specific colors that represent your taste or business. A fancy paint job can also add unexpected costs. With today's high-priced jet fuels, it is important to know that paint actually increases the weight of your plane. Major commercial airlines are increasingly choosing to forgo that extra coat.
Step3 Develop the proper interior design. You can do a lot with your plane, but this will add to your costs. Large private jets can be equipped almost like small hotels. A living room might be complimented with sleeping quarters and a bar. You might want to have an area in which to conduct meetings. And of course, you will almost certainly want to put on board the latest in communications equipment. Both business people and private individuals will also enjoy a state-of-the art entertainment system.
Step4 Examine lower-cost options. Pricey travel arrangements are not for everyone. Cessna has recently introduced its own no-frills craft. With just enough room for several passengers, you get the benefits of the latest flight technology with interior furnishings that meet your essential needs. These miniature private jets are more like flying sedans. Space is at a premium. Extras, like bathroom doors, are eliminated. You can even cut out the bathroom completely if you do not mind waiting until you get where you are going.
Step5 Remember, cut the size of your private jet, and you also cut down on some of the other benefits of a large craft. While a large plane may be capable of achieving speeds of up to 600 mph, a small car-sized one will only make around 400 to 460 mph. Your range will be slashed as well. The big planes can fly from the East Coast to Europe, but smaller craft may have a range of no more than 1,500 nautical miles. These are significant considerations if you need to travel across the globe and not just across your region of the country. To buy a private jet you need to weigh each cost against each possible benefit.

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