You would have seen an advertisement for the fractional jet card plans that offer a limited flight time, normally 25 hours, on an aircraft, which are a part of suppliers fractional fleet at hourly rate. How you know in case these programs are perfect for you? You can start by seeing the travel profile and answering some very important questions that are given here:
How often you fly? When and where do you fly? How much of luggage you take? Do you plan your trips before hand? How many passengers do you take? Do you prefer flying on a fleet, which is managed by single operator? Do you have any specific aircraft preferences? What is best utilization of your capital?
Fractional jet card program is right for you in case:
You are flying around 25-hours every year. You fly privately on the trips that last more than few couple of days, as not like an alternative of the traditional charter, and you will not need to pay any positioning charges to fly aircraft back to home base and back again to take you for your return tour.
You plan trips on a short notice so that assured availability is offered by the jet card programs and is of some value to you. You fly to the destinations, which are in range of the service regions of a jet card programs. You fly on the days, which are not at all "blacked out" by these programs. Aircraft available in your budget will satisfy your passenger plus your luggage requirements. You are not comfortable flying by block charter programs, which operate through the network of an independent charter operative and don’t offer uniformity in the fleet management, aircraft type, pilot experience and so on.
You don’t want to make a long term commitment, which is needed with full fractional investment. You would prefer to pay a little more when flying than you would be charged as the fractional shareowner since that additional cost is more then the counteract by the return and you can know on capital that you would otherwise invest to buy fractional share.
In case you decide that the fractional jet card is correct for you, then do your due delicacy and look for all your choices. Make sure that you like aircraft that you are flying in. Know when you are able to fly and when not, what extra charges that you are responsible for (fuel surcharges will increase your charge substantially). How flight time is calculated (most of the programs make use of one hour minimum so that if you fly for about thirty minute that you can lose half of your flight time), whether your jet card has expiration date (as you will lose any of the flight time that you do not use before that time.)
Finally, and importantly, review all the contracts carefully. Even if the fancy brochures that make its look as plain as using credit card, it is the substantial investment, contracts are lengthy
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