June 11, 2010, Newsletter Issue #178: Ownership Options for Private Jets

Tip of the Week

If you have become convinced that some form of ownership of a private jet is your preference, you should become familiar with the available choices to accomplish your goal. The benefits derived from ownership tend to vary with the legal vehicle you select to achieve having your own personal jet.

First, you should carefully re-analyze the three most prominent methods of having a luxury jet at your disposal: charters, leasing, or ownership. This exercise will either reinforce your initial decision to buy or point you in another direction. Consult your tax advisor for clarification of any issues that purchasing a jet for sale may create.

Assuming you continue to desire taking title to a private jet, you’ll have three basic choices: full ownership, partnership, or fractional ownership. Full ownership often becomes a balance of funds and frequency of usage. Perusing luxury jets for sale if you’re considering only two or three trips per year may not make financial sense. However, if you typically travel once or twice per month, turning a jet for sale into your personal aircraft may be a wonderful idea.

Owning a private jet on a partnership basis, if trip schedules permit, may be a financially prudent way to achieve ownership with cost sharing benefits. Fractional ownership involves one or more aircraft, made available by the fractional company, to part owners (typically at least 1/16th of a personal jet) on a regular basis. Once again, the obvious “trade off” is cost versus total control of a luxury jet.

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Exclusive Sponsor

Blue Star Jets Launches First Private Aviation Rewards Program in Industry.

In an attempt to build customer loyalty, Blue Star Jets charter clients and their SkyCard members can now receive points for every trip they book.

SkyCard members are automatically registered in the rewards program when they buy a SkyCard, and receive five points for every dollar they spend. After enrolling, charter customers receive one point for every dollar spent.

Members can then shop on-line for special gifts and merchandise from companies such as Callaway Golf, Movado, Coach, Nautilus Home Gyms, Samsung, and Bang and Olfsen. Over 2,200 high-end, luxury products are offered.

Blue Star Jets plans to add several thousand more options over the next year, from luxury vacations to access to exclusive events taking place around the world.

A reward program is a nice incentive, but there's more to picking a good on-demand charter broker. Helium Report's Decision Guide to Private Jet Travel shows you all the factors to consider - such as safety, call-out periods, crew quality and so on.

Website at:
http://www.BlueStarJets.com