Private aircraft, beyond the sticker price.

Author:Gonzalez, Alejandro

What should an organization take into account before acquiring a private aircraft in order to choose the most appropriate one? Experts weigh in with their views.

Private aviation has begun to be thought of as a priority for companies that consider time is a precious commodity. These aircraft offer flexibility in travelling efficiently, comfortably and easily, at a time when traditional air transport is increasingly more complicated for businesses, with crowded airports, inevitable delays and frequent cancellations.

For Stephane Leroy, Bombardier's vice president of sales for Latin America and specialized aircraft, one of the main benefits organizations discover when they acquire a private aircraft is the possibility of accessing many more destinations than those offered by traditional commercial aviation, in less time, and without stopovers.

"The ability to easily access smaller airports in areas not served by large commercial airlines allows travelers to fly directly or as close to their destination as possible, cutting down on ground transportation, lengthy layovers and connections in busy aviation hubs, costly overnight stays in hotels, and personal time away from family," he says.

Heidi Fedak, director of corporate communications for Gulfstream Aerospace, says executives should ask a few questions before acquiring an aircraft: What is my budget? How do I think I can use it? How many people are going to use it? How quickly must I arrive at my destination? Where do I think I will keep it? What special features should it have?

"Answering these questions--and others--will help the buyer determine the best aircraft for his/her mission. For example, someone who only intends to fly 200 hours or less annually may find it is more cost effective to charter a jet or to seek shared...

To continue reading