AHGUIDE
Why Purchasing a Private Jet is a Good Investment What are the chances of a private jet being your next big investment opportunity, rather than the next big mistake? Until a few years ago, you would probably be right to pass it by, but today it’s another story. The world is changing rapidly, and perhaps it is time to consider the advantages of a private jet beyond strictly an investment perspective. Profiting from private jets today is a real possibility, and a favourable chance to build a valuable asset in the air as well. If you are even considering private jet ownership, you are headed for a great start, but what is the probability of turning this asset investment into a profit? No matter how busy your schedule is, you likely won’t be needing your new business jet every day.Does this mean your aircraft shouldn’t generate income when you are not flying? There are several reasons why the answer to this question may work to your benefit both as a private jet owner and as an investor.
Charter Away The COVID-19 pandemic has changed the way we travel. People are looking for safe, point-to-point travel without having to pass through passenger terminals or being seated closely to people they don’t know. In this context, the private aircraft industry is opening to a much wider market than ever before. Safety is the new priority. The stereotype of a private flight being solely for the rich, famous, and the perceived extravagance is being deconstructed. Everyday more and more people are boarding private jets. From business people who need to make urgent trips or attend strategic negotiations, to families with children and pets that wouldn’t be comfortable on an airline, the market for charter flights is increasingly diverse. By making your aircraft available for charter, you are turning your aircraft into a revenue generator.
The Facts Before you consider purchasing a private jet solely as an investment, be warned that an aircraft is a depreciating asset and the amount of time that the aircraft will need to be chartered to create a profitable revenue stream is unrealistic for the majority of private jet owners. The simple fact is, an owner purchases an aircraft for their own use, for business and private flights, and this use limits the amount of time that the jet will be available for charter. WWW.AVIATIONHEAVEN.COM
