Private Jets
Business Jets
More and more company's are turning to private business jets to get around the country but is it really necessary or is it just the perfect executive toy ? When it comes to the modern CEO they'll be quick to tell you the sky's the limit with the use of private business jets on the rise. But is that rise the result of more business travel or an increase in personal use?
USA Today reported that in 2004 more than 100 senior managers rang up more than $100,000 in private business jet costs while more than 250 CEO's rang up over $50,000 in personal flights. Since then it is estimated that those numbers have more than doubled.
Privacy, security, flexibility of time, scheduling as per your requirement, same day returning if needed, and convenience are some of the major factors that combine to counter the cost of the business jets. However, companies offering business jets also offer partnership schemes and rentals for organizations that are not willing to afford the total cost of buying business jet. Companies can easily decide which option they want to choose.
In some cases it's not just a perk. Some large company's require their top executives to use private business jets since 911 to ensure their safety and the safety of their families. You will not find people like J.P. Morgan, Herbert Zarkin, Donald Trump, or Bill Gates on commercial flights.
Not surprisingly, many organizations and companies still are doubtful about the idea of business jets; but it goes without saying that those who have used it and know its value, would never like to use scheduled aviation again, if circumstances permit them!
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