| Once upon a time, Bill Lear introduced his Lear Jet 23 | | | | prudent decision making with regards to buying or |
| in the year 1964, and since then the private jet | | | | leasing. – You might have to determine the |
| market has never looked back and this event has | | | | kind of aircraft you might need. It would be a real |
| sort of revolutionized it. These custom made private | | | | waste of money if you actually bought an aircraft |
| jets have never failed to make a style statement, a | | | | which is either too large or too small for your specific |
| mark of having achieved something in life for the | | | | uses. Again, the size of the aircraft would also matter |
| corporate honchos and wealthy businessmen. | | | | given the kind of distance you plan to cover. It might |
| No matter what your reason for purchase is, it's best | | | | help if you checked out different manufacturers and |
| if you care to look into some tips and words of | | | | models before arriving at your favorites. – |
| advice before signing on the dotted lines. – A | | | | Before buying, it is a wise thing to shop around for |
| thorough cost-benefit analysis is a must before you | | | | the model you have narrowed down. Call up and ask |
| decide to purchase a private jet. The number of | | | | for quotes. You can also check online catalogues for |
| hours of regular flying you do must justify the costs | | | | different manufacturer's prices. |
| involved in acquiring the jet. It is suggested by some | | | | On the whole, you could consider fractal ownership |
| aviation experts that about 350-400 hours of regular | | | | i.e. you purchase a jet from a company by disbursing |
| flying justifies buying the jet and if you're flying band | | | | monthly payments and paying the operational costs, |
| does not fall in there, a fractional ownership or jet | | | | payable hourly or weekly or you could consider taking |
| pooling might do the trip. – Consider all the | | | | it out on lease. However, buying a second hand jet is |
| costs involved, including the hidden ones. You might | | | | not that clever idea because of higher conversion |
| have to factor in costs like insurance, fuel, fees at | | | | costs and converting costs not withstanding the |
| the airports, catering and pilots. Professional private | | | | costs of getting the aircraft compliant to the basic |
| charters might be able to offer you all of these at a | | | | airport norms. |
| certain fixed cost per year. It again boils down to | | | | |