AVIATION
HOW TO BUY A PRIVATE JET
Private jets have taken centre stage in recent months as the best way for ultra-high net-worth ( UHNW ) travellers to get around
While jet-charter bookings are booming , so are the number of enquiries into aircraft purchases . Navigating jet ownership is a complex process in today ’ s environment and few people know the ins and outs of buying and selling jets better than Jahid Fazal-Karim , Owner and Chairman of the Board at Jetcraft – a global leader in aircraft sales , marketing and ownership strategies .
What are the primary benefits of buying a private jet ?
Private aviation ’ s value amongst UHNWIs is undoubtedly increasing as the COVID-19 global pandemic evolves . The consistency , personalisation and control that comes with flying in your own jet , and the ability to be anywhere at a moment ’ s notice while avoiding large crowds and restrictive flight timetables , are all enticing and valuable commodities .
First , the consistency . By owning an aircraft , you can enjoy the comfort and efficiency of a personalised experience every time you fly . From cabin layout to onboard amenities , you know the ins and outs of the plane and can take full advantage of its features . As an owner , you can also choose to hire a consistent crew you know and trust , and who know your preferences .
Then , personalisation . Just like owning a home , owning an aircraft allows you to configure it exactly to your personal taste and needs . It also offers the ability to tailor the flight experience to meet the specific trip requirements .
Finally , you have complete control . The only way to be in full control of your travel experience is to acquire your own aircraft . Owners have the freedom to make changes or extensions to a trip at the last minute .
80 The Art of Luxury Issue 45 2020