Buying A Private Jet

Buying or leasing a private jet involves understanding specific recurring, non-trivial expenses beyond the initial cost of the aircraft. Jets require certain expenses even without takeoff such as periodic mandated overhauls, storage, insurance and licensing fees. When flying there are take-off and landing fees, pilot pay and fuel costs. Airplane owners can assist in the purchasing process because they already understand the expenses involved with owning and maintaining an aircraft. If you plan to add a private jet to your corporate operation, consult a experienced pilot-owner or flight mechanic on what financial impacts you should expect. You may also be able to get some free advice by contacting a nearby active duty or Reserve Air Force base to speak with an officer who also has experience with private aircraft.