Determining which aircraft category is right for you depends on various factors of your travel requirements. Are you traveling for business or pleasure? How many passengers do you normally travel with? How far away are your frequently traveled destinations?
For example, if you fly shorter local trips between 100-600 miles, a turboprop is a good choice. However, if you travel with a larger party of 11 or more passengers and want to cover longer distances nonstop, then a heavy jet is best-suited for that mission.
If you are thinking about buying a jet to charter out or for personal use, it’s best to include the following in your thought process: average trip length, typical and maximum number of passengers that will be flying, potential savings from chartering, factory-new or pre-owned aircraft, desired acquisition budget, etc.
Finding a private jet to purchase can be a daunting task to pursue alone. It will most likely have you wondering if you’re vetting out all the best aircraft on market or getting a good deal as there are few aircraft valuation tools that are easily accessible. Latitude 33 Aviation makes the entire aircraft purchase process seamless and enjoyable for a buyer. Our dedicated in-house aircraft market intelligence team will build a custom aircraft market report with curated jet options aligned to your specific needs and preferences. Our data is based on a proven mix of real-time market updates, industry trends, market reports, realistic cost of ownership, aircraft history, and comprehensive investigative research. This allows you to make an informed and confident decision on the purchase of a factory direct acquisition or a pre-owned private jet. Information in these reports include the aircraft’s manufacture year, serial number and registration, aircraft location, total number of airframe hours, days on market, condition of paint and interior, pricing expectations, and more. Our experts are upfront about the condition of each aircraft for sale, as we closely analyze maintenance history and inspection reports for a sound purchase. We will also assist with negotiations, inspections, FAA documentation, closing, and delivery of your new aircraft.
After purchasing an aircraft, there are ongoing costs for managing your private jet. These costs include but are not limited to hangar fees, fuel, landing fees, catering, hull insurance, liability insurance, crew and/or crew training, and average maintenance for parts and labor. When purchasing an aircraft, it is important to understand the total cost of ownership by evaluating not just the acquisition cost but also those for ongoing operations.