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Corporate Travel Costs: When Is a Business Jet Worth It?

For companies with many business travelers, a business jet may be something to consider. The costs for frequent commercial travel can add up quickly, making owning or chartering a jet worth the expense. Having a business jet can give any company convenience and added productivity, as well as the benefit of possible tax deductions for certain expenses of business flights.

What Are the Costs of Owning a Business Aircraft?

There are several important things to consider regarding the corporate travel costs of owning a business aircraft, and there’s more to it than just the original purchase price — although that’s an important consideration too. Here are the main costs involved in owning aircraft for your business:

  • Purchase price: The initial cost of buying a private aircraft can vary wildly and will depend on the size and type of aircraft you choose, and whether you buy new or used.
  • Maintenance: Ensuring your aircraft is properly maintained at all times is absolutely crucial for safety. It’s important to budget for regular maintenance and any needed repairs.
  • Operating costs: Operating costs may include the salaries, training, and travel costs of a flight crew, airport scheduling fees, and subscriptions for navigation data, among other additional features.
  • Hangar fees: When you’re not in the air, you’ll need a safe place to store your aircraft. A simple parking space with a tie-down is an option, but a hangar will better protect your investment from the elements. The hangar storage fees will vary depending on the location and size of the airport. Larger, international airports will have more expensive storage than smaller, regional airports.
  • Insurance: Insurance costs will also vary depending on the size, age, and type of aircraft, as well as average flight hours. But this can be a significant annual expense to budget for.
  • Miscellaneous: There’s an almost endless variety of upgrades and add-ons for any corporate aircraft, including high-tech options, aesthetic and comfort-based upgrades like decor, furniture, communications, and connectivity. This category can also include any additional services, comfort items, as well as food and beverage items for the flights.

What Are the Costs of Chartering a Jet for Business Travel?

Another option for corporate travel is chartering a jet. With charter flights, you don’t own the aircraft and don’t need to worry about individual costs for all of the extras that come along with owning a jet. Most charter flights charge a per-hour fee for flight airtime. Generally, you aren’t charged for on-the-ground time for your trip.

The hourly rates for chartering a private jet can vary according to the size and type of aircraft you choose, the size of the flight crew, the distance flown, and the cost of fuel at the time. The cost will also include some additional fees and taxes. It’s important to remember that the charter flight costs are all-inclusive and already factor in all of the separate costs that you’d be responsible for if you owned your own private aircraft.

Benefits of Private Flights for Business Travel

Benefits of Private Flights for Business Travel

Private jet travel for business offers many benefits, including:

  • Convenience: What could be more convenient than avoiding all the hassles of standing in line at an airport and waiting in the terminal? With a private jet, you can be on board and on your way within minutes. Travel where you need to go without worrying about over-booked flights or commercial flight schedules.
  • Productivity: On your own private aircraft, it’s easier to maintain productivity, and you can even work from the jet and hold meetings with colleagues in the air. There’s far less downtime for you and your team, as you can keep working from the comfort of your private plane.
  • Privacy: Private jets are quiet and distraction-free. Plus, your team can discuss proprietary company information without worry that you’re being overheard by other passengers.
  • Saved time: Your time is valuable and you won’t have to waste it arriving early for flights, waiting at baggage claim, or losing precious work time while you’re in the air.

How to Analyze Your Company’s Travel Expenses

It’s a good idea to conduct a business travel assessment to understand your company’s business travel expenses as it can help you determine the best modes of travel for future use. You’ll want to note what modes of travel your company uses, who uses corporate travel and how much, when travel is most frequent, as well as the overall costs, including any extras like overnight hotel stays.

For your business expense management, be sure to analyze all of the data to compare the expenses and the benefits of certain types of travel for your company. Take into consideration how your needs may change in the upcoming years, either with larger teams or more or less travel.

Is Business Travel By Private Jet Tax Deductible?

When considering business travel costs, you’ll want to think about taxes. And while you may see private jet travel as a business expense, in terms of tax deductions, it’s not always that simple. Determining if your business aircraft costs are tax-deductible can depend on a number of factors.

To count as a tax-deductible business expense, travel must be normal and necessary to your business in the eyes of the IRS. And because private aircraft travel is seen as a luxury, sometimes it can be difficult to justify the expense for your taxes.

For example, if you’re using your jet for business purposes, only transporting employees and clients, and traveling to locations not easily served by other modes of transportation — including commercial travel — you’ll have better luck claiming tax deductions. However, allowing family members and guests to fly with you and traveling to locations easily reached by commercial airlines or by car can make it more difficult for you to claim those tax deductions.

Should You Own or Charter a Jet for Business Travel?

Choosing between owning and chartering a jet can come down to what’s best for you and your company. There are benefits and drawbacks to each situation, so it’s best to understand your needs when making this decision. When you own your own jet, you have the convenience of constant availability and flexibility in your travel plans, but you are solely responsible for all associated costs.

If you go with a charter company, you may have a wider variety of aircraft to choose from for different purposes, and all of the details will be taken care of for you. Just be sure to work with a distinguished charter company that has excellent safety ratings.

Contact Latitude 33 About Private Jet Sales and Charter Flights

Ready to take the next step? Whether you want to buy, sell or charter a private business jet, Latitude 33 can help. Contact our experienced team today and we can assist you in finding the right business jet solutions for your company. We can be your trusted partner throughout any aircraft transaction, offering acquisition and brokerage services as well. Get in touch today to get started.

Contact Latitude 33 About Private Jet Sales and Charter Flights

How to Become a Private Jet Pilot

Are you considering a career as a private jet pilot? There are several steps you will need to take to earn the proper certifications to fly a private jet, but it can be an extremely fulfilling career.

Learn more about the requirements to become a private jet pilot and the possible careers you might be able to pursue.

How Do You Become a Jet Pilot?

If you don’t currently hold any flight certificates, the first step you will need to take to become a jet pilot is to obtain your private pilot certificate. After you get your private pilot certificate, there are additional ratings and certificates to obtain as well. You will need them if you plan to pursue a career in aviation. Here’s a quick overview.

1. Private Pilot Certificate

One of the first steps in private jet pilot training is to get your private pilot certificate. You will need to ensure you meet the basic requirements, including being proficient in English. There is no specific age limit for when you can start learning about flying, but you must be at least 16 years old to fly solo and 17 years old to earn a pilot certificate. You also need a minimum of 40 hours of flight time, and those hours include a combination of solo time, where you are the sole occupant of the aircraft, and dual time, where you fly with a certified flight instructor.

In the 40 hours, you must have at least:

  • 10 hours of solo time: During the solo time, you will practice takeoffs and landings, as well as the maneuvers you learn in your training. You will also need to complete at least five hours of solo cross-country time. A cross-country flight is defined as a straight-line distance of at least 50 nautical miles between the takeoff point and the point of landing. Additionally, you will need to perform takeoffs and landings at an airport with an operating control tower.
  • 20 hours of dual time: This 20 hours of training is broken up into components such as airport operations, cross-country flight training, nighttime training, and simulated instrument meteorological conditions (IMC). You will also learn operations such as emergency procedures, a variety of training maneuvers, and preflight and postflight procedures.

Keep in mind that while the Federal Aviation Administration (FAA) only requires a minimum of 40 hours, many people take longer than that to become proficient. You will also need to receive a medical exam from an FAA medical examiner.

In addition to your flight training, there is also plenty of ground knowledge you will need to be very familiar with as well — from weather and aircraft systems to regulations, navigation, and more. To demonstrate your ground knowledge, you will need to take an FAA knowledge exam — a computer-based exam that can be taken at a certified testing center.

Once you have received a passing score on the knowledge exam and have completed your flight training, you will be scheduled for your practical test, or checkride. The checkride consists of both an oral portion you will complete on the ground and a flight portion where you will demonstrate your abilities in the aircraft.

There is no computer-based knowledge test for the multi-engine rating, but you will still be required to pass the oral and flight portion of a checkride to get a multi-engine rating.

2. Instrument Rating

Once you get your private pilot certificate, you are qualified to fly under visual flight rules (VFR). Under VFR, you can navigate using visual references outside the aircraft, such as landmarks on the ground and the horizon. There are also distances from clouds you must maintain and visibility requirements as well. Essentially, if you are flying VFR, heavy precipitation, low visibility, clouds, and other inclement weather should be avoided.

However, an instrument rating enables you to fly by instrument flight rules (IFR). When you fly IFR, you can fly even when cloud heights and visibility are lower than what’s required for VFR operations. Additionally, when you are flying a jet, most operations, except for takeoffs and landings, will be conducted above 18,000 mean sea level (MSL), where an instrument rating is required.

To obtain an instrument rating, you will need to complete additional flight training for instrument operations and become familiar with what it’s like to fly in the clouds and without outside visual references. There is also another computer-based knowledge exam and checkride for the instrument rating.

3. Multi-Engine Rating

A private pilot certificate qualifies you to operate single-engine aircraft. While this works for most people, if you are looking to make aviation your career, you will likely want to consider getting a multi-engine rating. With this rating, you will be able to fly aircraft with more than one engine. Since there are very few single-engine jets, a multi-engine rating is a necessary addition to your private pilot certificate if your goal is to fly a jet.

There is no computer-based knowledge test for the multi-engine rating, but you will still be required to pass the oral and flight portion of a checkride to get a multi-engine rating.

4. Type Rating

To fly a jet, you will need to receive a type rating, which applies to a specific jet. That means if you want to fly a jet from a different manufacturer, and in some cases even just a different model, you will need to obtain another type rating.

Different training companies and aircraft will all have their own requirements for pilot knowledge and experience for a type rating. Regardless of your level of pilot certificate, a type rating checkride will be judged by airline transport pilot (ATP) standards, meaning you must be within plus-10 and minus zero of your final approach speed, plus or minus 100 feet of the assigned altitude, and plus or minus 10 knots of the assigned airspeed.

What Do Pilots Need to Fly for Hire?

Once you have received the above certificates and ratings, you are legally qualified to fly a jet. However, you are not permitted to fly for hire. If you plan to operate an aircraft for hire, or work for a company that does, you will need a commercial pilot certificate. This certificate is essentially an extension of the private pilot certificate, going deeper into operations and increasing the precision at which you execute maneuvers. You will need to pass a knowledge exam and a checkride to receive your commercial certificate.

The commercial certificate also gives you the option to do other aviation jobs for hire, such as aerial surveying, aerial firefighting, pipeline and powerline patrol, and air ambulance — however, there may be additional endorsements and training you must receive before you are completely qualified to perform these jobs.

Note that the commercial certificate does not qualify you to fly for an airline. Each airline has its own requirements for hire, but at the very least, you will need to fulfill hours requirements and receive an airline transport pilot (ATP) certificate.

Do Jet Pilots Need Special Endorsements?

There are numerous special endorsements for aircraft pilots. In addition to the certificates and ratings themselves, you can also earn specific endorsements, improving your marketability and increasing your skillset. You don’t have to complete a knowledge test or a checkride to get an endorsement. Instead, you must receive training from a certified instructor, and they will give you an endorsement in your logbook once they are confident you are proficient in the aircraft. If you are looking to operate private jets, you may want to consider the following endorsements:

  • High-performance endorsement: A high-performance aircraft is an aircraft with an engine that is over 200 horsepower. For a high-performance endorsement, you will need simulator or flight training in a high-performance airplane and display proficiency in the operation of this aircraft.
  • High-altitude endorsement: High-altitude endorsement is required if you want to fly an aircraft with a maximum operating altitude or service ceiling above 25,000 feet MSL. To receive this endorsement, you will need to undergo ground training from an authorized trainer specializing in topics such as high-altitude aerodynamics, hypoxia symptoms, and supplemental oxygen use. You will need to log flight time in a pressurized aircraft or flight simulator that mimics operating in high altitude conditions, too.
  • Complex endorsement: Complex endorsements are another common endorsement, which requires training on operating and handling complex aircraft. A complex aircraft is defined as an aircraft that features adjustable flaps, a controllable pitch propeller, and retractable landing gear. The Code of Federal Regulations does not have a specific number of flight hours for complex endorsement. Still, it does require you to log simulator or flight training and ground training that covers the basic topics of operating a complex aircraft. The certified instructor will sign your logbook with the endorsement when they determine you are proficient in the aircraft.

What Careers Are Possible After You Get Your Commercial Pilot Certificate?

What Careers Are Possible After You Get Your Commercial Pilot Certificate?

After receiving a commercial pilot certificate, there are many potential career paths you can follow. While many people think the only career path is becoming an airline pilot, there are many ways to put your skills as a pilot to use — and becoming a private jet pilot is one of them.

While a jet pilot license is a commonly used term, there is not a specific jet pilot license to achieve. Instead, you receive the certificates, ratings and endorsements mentioned above. The certificates and ratings you hold, as well as your total flight time, will help your marketability in the aviation field.

Just a few of the possible career paths for a commercial pilot include:

  • Charter pilot: Working as a charter operation or air taxi may be ideal for you. If you own your own plane, you might be able to charter flights for tourists on sightseeing or island exploring trips. You might also be able to work for a company, like Latitude 33 Aviation, that provides charter services for passengers who are traveling for purposes such as business or pleasure.
  • Corporate pilot: Some companies, or individuals, own their own aircraft that they use for themselves. Working as a corporate pilot involves flying employees, company owners or the aircraft’s owner around the country, and perhaps internationally, for various needs. While it can seem similar to charter work, a corporate aircraft is not available to people outside of the company or the individual who owns the aircraft.
  • Freight pilot: A cargo pilot is responsible for transporting various cargo around the world. Cargo pilots often pick up and deliver packages to the next location for businesses and personal orders. A benefit of becoming a cargo pilot is that it is a service that is high in demand.
  • Air ambulance: Air ambulance pilots help transfer ill or injured people to hospitals or other facilities for proper care. You may also transport medical crews to a specific location.

How Much Does It Cost to Get a Commercial Pilot Certificate?

The average cost of getting your private pilot license and your commercial pilot license will vary depending on where you receive your training. For example, you can get your certifications and ratings from an FAA-certified flight school. There are also accelerated programs and universities that take you all the way from the private pilot certificate through commercial multi-engine certification.

On average, the cost of earning a private pilot certificate is approximately $9,500. However, earning a commercial pilot certificate is typically more expensive. The flight training and academic education from a four-year aviation degree to receive a commercial pilot certificate with additional ratings to be hired as a professional pilot may cost over $100,000. After receiving a commercial pilot license, those looking to earn an ATP certificate will need to gain experience and log flight time while working to get additional ratings and endorsements as required.

The salary of a commercial pilot varies based on the job they are doing, as well as their training and expertise. On average, a private jet pilot’s salary is approximately $130,916 per year.

The demand for business aviation pilots increases as the demand for the position outpaces the number of available and trained pilots.

Is There a Shortage of Business Aviation Pilots?

The business aviation sector is attempting to attract and retain more talent that typically may be initially drawn to working as an airline pilot. Many businesses and companies rely on business aviation for efficient, flexible, secure, and cost-effective access to destinations domestically and globally. In many cases, business aviation is an effective solution that opens the door for businesses to conduct commerce nationally and internationally.

The demand for business aviation pilots increases as the demand for the position outpaces the number of available and trained pilots. In addition to business aviation pilots, it is also expected that there will be an increased need for technicians and commercial personnel. Some of the benefits of becoming a business aviation pilot include:

  • Flying different types of aircraft.
  • Flexible schedule.
  • Unique jobs.
  • Competitive compensation and benefits.
  • Opportunity for growth.

What Are the Requirements of a Charter Jet Pilot?

Charter companies must be certified and abide by the regulations set forth in 14 CFR Part 135.

Part 135 certification allows a charter company to conduct on-demand operations, including limited scheduled operations and scheduled commuter operations. Both commuter and on-demand operations have specific limits associated with them, including maximum payloads and the number of passenger seats.

As far as certifications and requirements for charter jet pilots, they can vary from company to company. For example, a company may require its pilots to obtain an ATP certificate, even though they aren’t flying for an airline. However, no matter where a charter pilot works, they will need at least a commercial pilot certificate and the type rating for the aircraft they will be flying.

One of the main duties of a charter jet pilot is to charter passengersfrom one destination to another. Individuals, private organizations, and even the government may hire charter flight pilots. A charter pilot is hired or transports a client to one or several destinations. Some charter pilots work on a regular schedule of repeat charter flights.

In most cases, charter flight pilots also tend to work in closer contact with their passengers and may even drive a passenger to a destination after the flight. The majority of charter pilots do not carry any cargo other than passengers’ luggage. Along with excellent flying skills, a charter pilot should have a high level of safety awareness and operate the aircraft in accordance with FAA requirements and company safety protocols. Strong customer relation skills and overall flexibility are also important traits of a charter pilot.

Explore Private Jet Pilot Careers at Latitude 33 Aviation

Explore Private Jet Pilot Careers at Latitude 33 Aviation

Latitude 33 is a premier charter company for those looking to pursue a commercial pilot career. We offer exciting career opportunities based out of Los Angeles and San Diego. We also are proud to offer private jet charter servicesaircraft management servicesjet acquisition, and brokerage services. We are an industry-recognized expert in providing professional, high-quality management programs while also maintaining safety and security.

To learn more about commercial pilot careers or our services, contact us online today or call 800-840-0310.

What Size Charter Jet Should You Book?

Private aircraft are the peak of luxury and comfort for your travel needs. Whether you’re a business executive looking to impress your clients or you want to take to the skies with your family and friends in style, a private jet charter will give you the experience you desire.

You have several options to consider when flying private. Private jet capacity, size, speed, and range are some of the factors that will affect your decision of which aircraft is right for you. Before choosing your private jet, be sure to analyze your precise needs and educate yourself on the incredible charter jets that are available.

Types of Private Jets

Types of Private Jets

Several private jet models exist for you to choose from for your next trip. Determining the charter jet size that suits your needs best is the first step in making sure you choose the right aircraft for your travels.

1. Turboprop

A turboprop is not categorized as a jet, but its propeller is driven by a turbine engine — as opposed to a piston engine that a regular propeller aircraft uses. Turboprops like the Pilatus PC-12 NGX and the Beechcraft King Air 360 give you the opportunity to enjoy many of the benefits of private flying at the most cost-effective rates available.

Due to their smaller size, turboprop aircraft are more fuel efficient than light jets. They also have a range of about 1,800 nautical miles (nm), so they are ideal for short-distance flights.

Turboprops do lack extra facilities such as bathrooms, but just one of the many benefits of these aircraft is you can access places that larger aircraft could never reach. These include airports with smaller runways — which are far more common than large, commercial airports and allow you to get even closer to your destination.

Additionally, many turboprop aircraft have seating arrangements that can accommodate up to 11 passengers, or seats can be removed if you need to transport extra cargo instead. Turboprops provide an affordable, versatile option for your short-distance travel needs.

2. Light Jets

Light private jets maintain many of the same characteristics as other smaller aircraft with some added features. Light jets like the Cessna Citation M2 and the supremely popular Embraer Phenom 300 allow you and an average of seven other passengers to fly private in comfort and confidence. With flight ranges reaching beyond 2,100 nm, you can reach your destination quickly and affordably. Traveling in a light jet gives you access to the hundreds of smaller airports across the country as well.

Light jets also give you some of the amenities you expect in private air travel. These include:

  • Comfortable, plush leather seats.
  • A small refreshment center.
  • A limited supply of electronics.
  • A private lavatory.

3. Midsize Jets

When it comes to private jet charter flights, booking a midsize jet is a great option if you want to travel longer distances without upgrading to the truly luxurious features available in larger aircraft. Midsize jets like the Bombardier Learjet 60, the Cessna Citation XLS+, and the Hawker 800XP provide comfortable, spacious cabins if you are looking for more headroom. With travel ranges reaching 2,700 nm as seen in the Cessna Citation Latitude, you can fly those extra few hundred miles without exceeding your budget.

You and up to 11 other passengers can fly in comfort and privacy in a midsize jet. Enjoy amenities like a private bathroom, reclining seats, a fully stocked snack and drink bar, fold-down tables, and Wi-Fi access. Midsize jets even have room for a cabin attendant to help make your flight even more comfortable for its duration.

4. Super-Midsize Jets

Super-midsize private jets maintain everything people love about midsize jets while taking them to the next level of what it means to fly private. Here are a few of the upgrades you could experience in a super-midsize jet:

  • Larger cabin space: Even taller passengers can stand and walk around in comfort in super-midsize jets like the Bombardier Challenger 300 which boasts a 73-inch-tall cabin.
  • Longer flying range: Fly farther in a super-midsize jet like the Cessna Citation Longitude which has a range of up to 3,500 nm.
  • Comfortable amenities: Larger lavatories, lie-down sleeping accommodations, and a galley stocked with your favorite snacks and drinks are some of the wonderful amenities that await you on a super-midsize private jet.
  • Advanced avionics: Experience a higher level of comfort thanks to the advanced avionics on super-midsize jets, which enable smoother, quieter flights.

5. Heavy Jets

Flying in a heavy charter jet is an elite experience. First-class seats, large amounts of legroom, and pull-out tabletops are standard fare when you get into the heavy jet category. Besides these comforts, you’ll have access to amenities such as a larger bathroom, a cabin attendant operating a full-service galley to provide delicious catering options, conference rooms, and even multiple lie-flat sleeping options for overnight flights. With cabin widths up to 98 inches and heights up to 74 inches, you’ll have plenty of room to spread out and relax.

Heavy jets also offer a superior travel capacity, as seen in the Gulfstream G550 with its 6,750 nm range and its ability to accommodate up to 19 passengers. Other great heavy jet options include the Bombardier Challenger 605 and the Bombardier Challenger 650.

When you travel in a private aircraft from the right charter company, you get to experience a new level of sophistication in air travel.

How Do You Choose Which Size Charter Jet to Book?

With all the options available to you for private air travel, how do you decide which type of charter jet is the right choice? The best way to find your solution is to consider your travel needs. In some cases, your choice may be easier than ever as some of your requirements will disqualify some private jet models from your shortlist.

Here are the factors you should consider.

Number of Passengers

The number of individuals you wish to travel with plays a large role in determining which size of charter jet is right for you. For instance, if you need to travel with nine other family members or coworkers, a private jet with four seats will be inadequate. Even trying to fit nine people in an aircraft equipped to handle a maximum of eight passengers will not work. Plus, the more room everyone has, the more comfortable your flight will be for all on board.

This is the base rule you should follow when choosing a private jet: The more passengers flying, the bigger the jet you should charter. A group of 10 or more passengers will most likely need a midsize jet or larger. If you’re traveling solo, then flying in a turboprop or a light jet could be ideal. For the largest flying parties, you’ll want to go with a heavy jet for maximum comfort and safety.

The Distance You Need to Travel

Your traveling distance has the potential to reduce your list of aircraft options regardless of the number of passengers you’re bringing with you. If you’re by yourself, and you need to travel to a business meeting in a neighboring state, you can probably travel via turboprop or light jet. If your business meeting is on the opposite coast of the continental United States, however, then you will need at least a super-midsize jet to make the flight without stopping to refuel, even if you’re traveling alone.

Your Destination

You’ll need to keep your destination in mind when choosing your jet as well. Your destination affects your charter jet decision in two ways:

  • Different destinations lead to different range needs: Flying from Philadelphia to New York City, for example, is going to be a much shorter trip than flying from Philadelphia to Kansas City.
  • Different destinations have different airport requirements: Many times, a business meeting could take you to a remote location, hours from the nearest commercial airport. A turboprop up to a midsize jet can land on a smaller runway with ease. This rules out heavier aircraft from your list of options, and you should plan accordingly. If your destination is near a commercial airport, then you can plan on flying in a heavier aircraft if that’s what you need.

The Charter Company’s Fleet

One consideration that can quickly expand or reduce your list of private jet options is the charter company’s fleet. Every private jet charter company will have a fleet of aircraft ready to take you to your destination. But the aircraft available are subject to change, depending on the season, the demand, and the charter company’s own business model.

In the end, you’ll have to choose a charter company that has the right aircraft for you, or you’ll take your business to a company that does. To keep all your options open and stay flexible, be sure to partner with a charter company with an extensive fleet containing aircraft of all sizes and specifications.

Desired or Necessary Aircraft Features

Each type of private jet has its own set of features. You may be looking for basic necessities like a private lavatory, comfortable legroom, and onboard Wi-Fi. Maybe you want more luxurious accommodations like private bed chambers, the ability to cater full meals, and private office spaces. Perhaps you want to make your passengers comfortable with a larger cabin so people can stand and walk around.

Whatever specifications you’re looking for, you should remember that your desired aircraft features may cross off certain options on your list. Do your research early so you can book your private charter jet with confidence.

What You Intend to Do While Aboard

When choosing a private charter jet, consider the activities you plan on doing while aboard. If you’re a business executive, then you know that time is money. You may plan on staying productive while in the air, especially if you’ll be flying for several hours. In that case, you’ll need features including Wi-Fi, comfortable seating, and a fold-down table or desk. If you’re traveling in a large group, then more private space could also be crucial.

If you’re taking to the skies to host a party for friends, family, or employees, then a heavy jet might be your best option. That way, you’ll have the space for all your guests to relax, mingle, and celebrate in comfort — and maybe even have a place to sleep when the party concludes.

Your Budget

When it comes to deciding on a way to spend your money, every checklist must include a reminder to consider your budget.

It all comes down to your individual budget and how much money you can spend on an aircraft that suits your needs. It’s your travel experience, and you deserve to enjoy it while keeping your expenses in mind.

Are There Benefits to Flying Private Regardless of Charter Jet Size?

Flying private has incredible benefits that are impossible to experience on a commercial airliner. When you travel in a private aircraft from the right charter company, you get to experience a new level of sophistication in air travel. From enhanced privacy and heightened productivity to lavish accommodations and top-of-the-line entertainment, you’ll feel the benefits of your decision to fly private from the moment you board.

You’ll also enjoy a closer connection to your destination. With a smaller aircraft, you can reach locations a larger aircraft never could. You’ll also be able to skip waiting in long lines at airports and missing flights since your private charter jet will be waiting for your arrival. There are no Transportation Security Administration (TSA) inspections, either. Flying private air charter lets you skip the uncertainty of commercial air travel and helps you regain control of your schedule and your flying experience.

Request a Charter Flight With Latitude 33 Aviation

Request a Charter Flight With Latitude 33 Aviation

When you’re ready to experience what flying private has to offer, choose Latitude 33 Aviation as your charter jet company. Since 2006, we’ve been offering best-in-class charter services to provide our valued customers with the service and treatment they expect when they fly private. Our leadership team consists of current, professional pilots, so you can know you’re experiencing the height of private jet flying.

If you’re interested in our services for a charter flight, we encourage you to request a quote today. You can also contact us online for more information. We look forward to serving you!

Top 10 Places to Spend Christmas in California

California is an ideal place to spend your Christmas. You may even prefer visiting the popular state in December — with the summer crowds gone, the beaches are pristine, and the gleaming cities are yours to wander. Wintertime in California offers a range of climates to meet anyone’s preferences, from snowy mountains to warm and sunny desert regions, as well as beautiful beaches dotted with palm trees.

December offers cooler temperatures and occasional scattered rains, but many visitors find the weather tranquil and inviting. If you want to spend your Christmas in California this year, you’ll have to choose the best place to plan your holiday getaway. Learn all about the top 10 places to spend Christmas in the Golden State.

Travel Tip: Book Early for Christmas Trips

Anytime you’re interested in private travel during the holiday season, it’s always a good idea to book early. December and January are popular months for private travel, and booking windows have grown longer in recent years. To secure the destination and aircraft type you prefer, be sure to book a chartered flight at least five to 10 days in advance. For some of the most popular Christmas towns in California, you may want to book even earlier.

Where to Go for Christmas in California

California offers plenty of ideal destinations for a holiday getaway. Whether you’d rather explore a twinkling city, experience some unique excitement, or escape into a secluded natural landscape, you can find the right Christmas vacation spot in the state. Here are some of the best places to visit in December in California.

Best Coastal City Destinations

Is anything better than a Christmas filled with palm trees and ocean breezes? California offers picturesque beachside towns, with smaller crowds and special Christmas-themed events. When you visit California in December, you’ll get to experience one-of-a-kind holiday excursions, like ice skating on the beach or lighted boat parades. Among the most popular oceanfront places to go for Christmas in California are the following cities:

1. San Diego

If you’re looking for a fun, activity-filled coastal city, San Diego is an excellent choice. San Diego is home to the December Nights festivities, a gathering of vendors and entertainers, including Santa. The event features an array of stands offering foods and drinks from around the world. If you prefer an oceanfront Christmas celebration, you can watch Santa catch some waves in Seaport Village or try ice skating on the beach.

San Diego offers the best of both worlds — beautiful, sunset beaches with winter holiday events. And it’s easy enough to get there — you can fly right into San Diego International Airport (SAN). Once you arrive, you can stay in a bayfront Marriott or Hilton, or choose from dozens of luxury resorts. While you’re there, you can also enjoy the city’s year-round activities, including art museums, walking tours, and pedal boat rides.

2. San Francisco

Another beautiful coastal city, a bit further north than San Diego, is the famous San Francisco. The city offers some of the best Christmas events in California. For some holiday spirit, walk through Union Square, which offers extravagant displays and holiday shopping at Macy’s. The square also hosts an annual Santa convention, which is open for participation. As you drive through the downtown area, you can listen to “A Christmas Carol: On Air,” a radio performance of the classic Charles Dickens play. San Francisco also provides beachy Christmas events, like lighted boat parades.

san francisco offers some of the best christmas events

If you want to spend Christmas in San Francisco, you should fly into the San Francisco International Airport (SFO). To experience all of the city’s Christmas events, choose a hotel somewhere downtown. You’ll get a beautiful view of the colorful, twinkling city lights if you stay in the Four Seasons Hotel at Embarcadero, but you’ll be closer to all of the action if you stay in the Chancellor Hotel on Union Square.

3. Morro Bay

For the most nautical holiday possible, Morro Bay is the place to be. Every December, locals build a giant crab pot tree made from commercial crab pots. The unique take on a Christmas tree is always on display in Anchor Park, which offers unmatched waterfront views.

You can also enjoy the lighted boat parade in the bay or explore the fanciful Santa House, both offering free admission. Be sure to plan your trip early, as these events take place the first week in December. With a short drive up the coast, you can also participate in the Cambria Christmas Market, with its beautiful lights and local artisan shops.

The closest airport to fly into Morro Bay is the San Luis Obispo County Airport (SBP). Once you arrive, you could stay in a charming hotel right on the bay. A great choice is the 456 Embarcadero Inn and Suites, offering beautiful views, a hot tub, and plenty of room to unwind. For the best seafood, check out the Bayside Cafe and Tognazzini’s Dockside Restaurant.

best christmas destinations for families

Best Destinations for Families

If your whole family is visiting California for the holiday season, you can enjoy kid-friendly fun at plenty of popular destinations. Whether you want to ride rollercoasters, explore transformed cities or celebrate the holidays celebrity-style, California offers fantastic Christmas destinations perfect for the whole family. Book a family trip to one of these cities:

4. Anaheim With Disneyland

One of the best places to take the kids in California is Anaheim. This Southern California city hosts Disneyland and the Downtown Disney District, full of themed rides, shops, and attractions. The park is truly special since it was designed and built with Walt Disney’s direct supervision. Parents looking for the best places in California at Christmas will likely choose Anaheim. Kids will love a Disney-themed Christmas extravaganza.

The park and neighboring district offer tons of magical holiday events, including parades, fireworks, lighting ceremonies, and a festival that runs from November 12 to January 9. In addition, the park’s year-round rides get a fantastic Christmas makeover for a special experience.

During your stay in Anaheim, you can also watch the Anaheim Ducks compete in the Honda Center Hockey Arena, taste different cuisines at the Packing District Food Hall, or get a thrill on a Knott’s Berry Farm roller coaster. The best place to fly in is the John Wayne Orange County Airport (SNA). If you want to stay close to the fun, choose a Disneyland Resort hotel. The Paradise Pier or the Grand Californian Hotel and Spa are both good options.

5. Palm Springs

Palm Springs is always an oasis in the desert — come Christmastime, it’s also the perfect place for holiday cheer. Each December, the town transforms with twinkling lights and carolers’ voices. Palm Springs is home to Mt. San Jacinto, which means a white Christmas is a possibility, along with sledding and snow-shoeing. Snow or shine, you can enjoy Christmas activities like roasting chestnuts, decorating cookies, making crafts, and writing letters to Santa. Afterward, be sure to watch the grand Festival of Lights Parade, full of performers and locals.

If you want Palm Springs to be your family’s California Christmas getaway, you can fly into the Palm Springs Regional Airport (PSP). A great place to stay is the Miramonte Resort and Spa, located in the heart of the Palm Springs Valley. The hotel coordinates all kinds of fun excursions, like zoo and garden passes and big wheel Jeep tours, which could make your Christmas trip even more special.

6. Los Angeles

The best spot for a fun-filled green Christmas is Los Angeles. The city is an exciting place to visit year-round. It’s home to the iconic Hollywood sign as well as some of the world’s most famous television and movie studios, including Universal. It also features the Hollywood Boulevard and the Walk of Fame, where you can find handprints from your favorite celebrities. At Christmastime, families enjoy the Enchanted Forest of Light display and special themed performances. Since Los Angeles is only about 45 minutes away from Anaheim, you could easily take a day trip to Disneyland during your stay.

The closest place to fly into Los Angeles is the famous Los Angeles International Airport (LAX), but if you want to avoid the hustle and bustle, you might prefer to fly into Ontario International Airport (ONT). The area boasts plenty of top-rated, family-friendly hotels to choose from. An excellent choice is the Dream Hollywood, a pets-allowed hotel with beautiful views of the Hollywood Hills. Wherever you stay, Los Angeles is an ideal spot for family fun during the winter holidays.

california offers plenty of tucked away places

Best Destinations for Outdoor Enthusiasts

Those who are drawn to unique flora and fauna love California, which has a climate and wildlife array unlike anywhere else in the United States. The massive state offers plenty of tucked-away places where you can unwind and explore, including national parks and lakes. With smaller crowds and comfortable temperatures, December is a great time to check out these locations:

7. Joshua Tree National Park

Southern California’s Joshua Tree National Park features impressive rock formations, a green-spotted desert landscape, and its namesake Joshua trees with twisted trunks. You’ll find plenty of trails to hike throughout the protected areas of the Colorado Desert, the Mojave Desert, and Coachella Valley.

The nights can get chilly, as low as 35.8 degrees Fahrenheit, so you may want to stay in a local house or homestead if you come in December. Most of the park’s visitors fly in through PSP. You might plan to stay in Palm Springs and set aside a day to explore Joshua Tree National Park, as Palm Springs is the closest major city. That way, you can also enjoy the Christmas events and decorations the city has to offer.

8. Yosemite National Park

Yosemite National Park, in the Sierra Nevada Mountains, is gorgeous in the winter. Light snow often dusts the mountaintops as the Yosemite Falls continue to flow. The park offers stunning views of giant, ancient Sequoia trees and granite cliffs. For a unique and breathtaking holiday, Yosemite National Park is an obvious choice.

If you stay in Yosemite Village, you can feast on an Old-English-inspired Christmas dinner at the Ahwahnee Dining Room. The fine-dining restaurant is a great place to get dressed up for a holiday meal. Make sure you’re ready for a bit of travel — the closest airport is the Fresno-Yosemite International Airport (FAT), and it’ll take a couple of hours on the road to get to the park.

9.  Lake Tahoe

Also found in the Sierra Nevada Mountains, Lake Tahoe sits on the border between California and Nevada. The large lake boasts beautiful freshwater beaches, with nearby mountains perfect for skiing. Lake Tahoe is one of the few places in California where you can enjoy a white Christmas, thanks to the high elevation. You’ll also be able to experience relaxing cruise tours, sunset sleigh rides, and hikes through the snow.

The closest place to fly in is the Reno-Tahoe International Airport (RNO), from which you can rent a car or hail a ride. You’ll find plenty of options for places to stay, from flashy casinos to quiet lakeside lodges. Keep in mind, the south end of the lake tends to be a bit busier and better for nightlife, while the north end of the lake tends to be more peaceful.

10. Mammoth Lakes

The smaller and further south Mammoth Lakes offer another ideal Christmastime escape. The Mammoth Lakes provide breathtaking winter scenery, with plenty of snow and winter sports. After you’re finished skiing, snowboarding, and sledding, you’ll want to slow down and appreciate the picture-perfect evergreen forests. Your sightseeing should also include the Devil’s Postpile National Monument, a formation of basalt columns, and the famous Rainbow Falls.

The Mammoth Lakes offer the most classic Christmas experience you’ll find in sunny California. It’s a perfect spot for a couple’s or family vacation. The quickest way to get to the lakes is to fly into the Mammoth Yosemite Airport (MMH). For a cozy and secluded Christmas experience, stay in a small lodge or cabin, like the Mammoth Mountain Chalets. These cabins let you ski or sled right up to your front door.

Charter a Flight to Your California Christmas Destination With Latitude 33

California’s cities and parks are perfect destinations for a Christmas season getaway. With smaller crowds and cooler temperatures, many find December to be the best time to visit the popular vacation state. Whether you prefer a beachy, saltwater Christmas, a festive holiday trip for the family, or a quaint natural escape, California has something to offer everyone. Consider seaside cities for some of the world’s most unique and exciting Christmas traditions. Surprise your kids with a trip to Disneyland or Hollywood. Or, unwind with some snowshoes and hot cocoa at one of the state’s inland nature reserves.

However you decide to spend your holiday in the Golden State, you can fly to your destination in luxury with Latitude 33 Aviation. We offer private charter flights, allowing you to access more destinations. Our Platinum ARGUS rating demonstrates our commitment to professionalism and safety. Be sure to book your flight early to ensure access to the aircraft and destination of your choice. Start planning your Christmas trip to California — request a quote for a private flight today.

charter a flight to your california christmas destination with latitude 33

What Are ARGUS and WYVERN Charter Safety Ratings?

When choosing a charter jet flight, you have access to information about each operator’s safety compliance. You can evaluate an operator’s ratings with ease due to the designation systems in place across the industry. Regardless of when or where you’re flying, safety should always be your first priority, and you can ensure your safety by understanding charter ratings.

In the charter aviation industry, safety ratings appear in a few different ways. The Aviation Research Group United States (ARGUS), International Business Aviation Council (IBAC), and the WYVERN rating systems help to set the highest safety standards. Though each serves the same purpose, they hold companies to different standards and offer unique designations. It’s vital for jet flyers to be able to interpret these designations. A thorough understanding of these safety rating systems will help you make informed decisions when booking charter flights.

 
 

What Is ARGUS min

 

What Is ARGUS?

ARGUS is an independent safety rating system, producing safety grades and maintaining records for thousands of aircraft and pilots. ARGUS International was founded in 1995 and is the most detailed source of third-party ratings for charter operations. If you’ve viewed safety documentation for chartered flights before, you may be familiar with ARGUS safety rating levels.

What Information Is in ARGUS CHEQ Reports?

The ARGUS Charter Evaluation and Qualification (CHEQ) is the system for determining ARGUS ratings and other information. It includes details about:

  • Historical safety ratings.
  • Current aircraft.
  • Pilot background checks.
  • On-site safety audits.

CHEQ reports show a status of red, yellow, or green, with the following meanings:

  • Red: Red indicates a known deficiency or refusal to disclose information.
  • Yellow: Yellow means some data is missing, data is unverified, or data does not meet ARGUS standards.
  • Green: A green rating shows an ARGUS rating of Gold, Gold Plus, or Platinum, meaning all requirements are met.

In addition to the color-indicated status, the CHEQ report also includes information about the broker, flight summary, operator, ARGUS rating, pilot, second in command, and any important aircraft information. To earn a green status, the flight must meet the following requirements.

Pilot-In-Command

For the flight to receive a green status, the pilot-in-command must have:

  • At least 3,000 hours total flight time.
  • At least 1,500 hours of pilot-in-command time.
  • At least 250 hours of pilot-in-command time for the aircraft type.
  • An Airline Transport Pilot certificate.
  • A type rating for the aircraft.
  • A current first class medical certificate.
  • A current instrument proficiency check, line check, and route check.
  • A lack of significant accidents, incidents, and enforcement actions within the last three years.
  • A salaried employment with the operator, not a contract.

These qualifications ensure a well-qualified, professional pilot for your chartered flight.

Second-In-Command

The second-in-command must also meet strict standards for the flight to earn a green status. The second-in-command must have:

  • At least 1,000 hours total flight time.
  • At least 500 hours pilot-in-command time.
  • A commercial and multi-engine instrument rating.
  • Current second class medical certificate.
  • A current instrument proficiency check, line check, and route check.
  • A lack of significant accidents, incidents, or enforcement actions within the last three years.

Aircraft

In addition to the standards for the pilot and co-pilot, the aircraft itself must be under the operational control of a certified operator, with no damage or maintenance concerns and qualified insurance.

As you can tell, the CHEQ report provides access to vital safety information. Among the information it provides is the ARGUS safety rating, illustrated with a seal of the corresponding color. It’s important to understand the hierarchy of ARGUS ratings and what each seal signifies.

ARGUS Rating Levels

Using past information and detailed analyses, ARGUS produces safety ratings. Once ARGUS has gathered all necessary data, the due diligence company utilizes a proprietary algorithm for scoring. The ARGUS rating system indicates performance compared to peers. ARGUS compares safety history and data with that of peers in an aggregate group. Ratings have three levels — gold, gold plus, and platinum — with additional standards for each. Some may not qualify for any of the three ratings.

Does Not Qualify (DNQ)

A failure to meet ARGUS standards will result in a rating of Does Not Qualify (DNQ). A DNQ rating can result from poor safety history shown in the collected data. It can also derive from a significant safety issue with a pilot or aircraft or a failure to complete an on-site safety audit. In most cases, it’s possible to correct the issues leading to a DNQ rating.

ARGUS Gold

The ARGUS Gold rating indicates the charter operator meets or exceeds ARGUS standards — the company does not have outstanding safety issues or a poor safety history. To qualify for a Gold rating, the charter operator must have:

  • An operating certificate of at least a year.
  • At least one turbine aircraft on certificate.
  • A historical safety analysis.
  • A pilot background check.
  • An aircraft operational control validation.

ARGUS Gold Plus

Gold Plus represents an upgrade from Gold. To earn a Gold Plus rating through ARGUS, the operator must meet all of the standards to achieve Gold, along with an ARGUS on-site safety audit or registration with the International Standard for Business Aircraft Operations. The audit must result in uncorrected findings to qualify for Gold Plus.

ARGUS Platinum

The highest ARGUS rating level is Platinum. To achieve a platinum rating, the operator must meet all of the standards of Gold Plus, as well as have an emergency response plan and a functioning safety management system. The emergency response plan must be clear and easy to follow, and the safety management system must be well-developed.

Only operators with the most effective policies and procedures and excellent records can hope to earn an ARGUS Platinum rating. Among the ARGUS platinum charter companies is Latitude 33, demonstrating a high commitment to safety. Only 5% of all charter companies have achieved ARGUS Platinum status, so this is a major achievement.

How to Check ARGUS Ratings

Checking ARGUS ratings is an important way to ensure the highest safety standards. You can check ARGUS operator ratings using the CHEQ ARGUS operator registry. The registry shows each company’s name and logo along with their ARGUS rating, certificate number, homebase code, and the number of aircraft on the certificate. You’ll have the option to search by airport, distance, name, or rating. The database does not include companies that do not qualify or are not rated.

What Is an ARGUS Certified Broker min

 

What Is an ARGUS Certified Broker?

ARGUS addressed the lack of regulation in charter brokerage by creating a certification process. The company provides certification to brokers following a thorough evaluation. To determine qualification, ARGUS evaluates financial reports, policy and procedure manuals, insurance filings, and other documents. Then, ARGUS conducts an on-site audit, which includes interviews, management analyses, and an evaluation of organizational processes. Throughout the audit, ARGUS notes a commitment to safety standards and best practices. With the broker certification program, ARGUS allows brokers to demonstrate their competency.

What Is the WYVERN Rating System?

WYVERN is another independent company supplying ratings and certifications. The company creates and updates safety criteria and conducts regular audits. It also provides safety intelligence data, leader training, and software solutions. Through WYVERN, charter operators and brokers can achieve certification.

 

What Is the WYVERN Wingman Certification?

The WYVERN Wingman program offers safety certification for charter operators. WYVERN Wingman operators show an elevated commitment to safety. They have to meet strict criteria, undergo regular audits, and keep WYVERN updated about any operational changes to maintain their Wingman status. WYVERN registration and Wingman certification are not equivalent.

Registered

To be WYVERN Registered, an operator must simply supply WYVERN with their records, which WYVERN makes available to clients. Registered operators maintain accurate, detailed, and accessible records. The WYVERN Registered program offers improved visibility among brokers, corporations, and other operators. It also helps reduce legal liability and ensure safety.

Certified

Not all WYVERN registered operators have Wingman certification, which involves compliance with much more stringent standards. Earning the status of a WYVERN Wingman operator requires:

  • Minimum piloting hours.
  • An initial audit, including an on-site, two-day safety advisor visit.
  • Follow-up audits every 24 months.
  • Regular updates about operational changes.

WYVERN often updates its Wingman standards. Certification is an ongoing process. Operators that earn Wingman status have access to WYVERN’s safety data and Aviation Compliance Enhancement System.

What Is the Pilot and Aircraft Safety Survey (PASS)?

WYVERN publishes Pilot and Aircraft Safety Survey (PASS) reports. A flight’s PASS report designates whether or not the operator, aircraft, and crew have met basic safety standards or WYVERN safety ratings. The PASS report is based on:

  • International Civil Aviation Organization (ICAO) guidelines.
  • Safety Management International Collaboration Group standards.
  • Industry best practices.

How to Check an Operator’s Registration Status

Wingman certification shows an ongoing dedication to high safety standards — it’s recognized around the globe as a symbol of high-quality aviation. It’s easy to find Wingman-certified operators or check an operator’s registration status using the WYVERN registered directory. It allows you to search by operator name or by city, state, or country.

What Are WYVERN Certified Brokers?

WYVERN’s recently implemented certified broker program provides a competitive edge to aviation brokers. To qualify for certification, a broker must submit to an audit by an accredited aviation safety auditor and demonstrate high ethical standards in all of their policies and procedures. You can check the WYVERN broker directory to find certified brokers or check a broker’s membership status. You can search by member name, city, state, or country.

Authorized WYVERN brokers can let their clients have access to WYVERN Wingman flights. They can send their clients PASS reports as proof of an operator’s commitment to safety, as well as provide data about aircraft operators. 

How Do ARGUS and WYVERN Ratings Compare to IS-BAO?

Another system for charter safety ratings is the International Standard for Business Aircraft Operations (IS-BAO), first developed in 2002. IBAC created this standard to establish best practices among operators. It’s accepted worldwide as a benchmark for aircraft safety. The guidelines it provides are based on the International Civil Aviation Organization (ICAO) and its Standards and Recommended Practices (SARPS).

IBAC is always improving IS-BAO standards, seeking input from aviation organizations. To qualify for IS-BAO certification, an operator must:

  • Meet Safety Management System (SMS) requirements.
  • Undergo regular audits, each of which takes place over several days.
  • Hold up to scrutiny about personnel, training, maintenance, security, and other standards.

After conducting regular audits and evaluating an operator’s safety standards, the IBAC awards companies with certification at Stage One, Two, or Three, in ascending order:

  • Stage One: At IS-BAO Stage One, an operator has demonstrated the establishment of an appropriate SMS. 
  • Stage Two: It takes several years to reach Stage Two, which shows effective and ongoing management of safety risks. 
  • Stage Three: Maturing to IS-BAO Stage Three shows an ingrained and evolving safety management culture. 

What Do the Safety Ratings Mean for Charter Jet Passengers?

Safety ratings help charter jet passengers make informed decisions. When booking a private charter flight, you may find yourself overwhelmed with operators to choose from. You can narrow down similar options and make the safest choice by using the rating systems in place. You’ll want to pay attention to the ARGUS rating tier system, WYVERN Wingman certification and PASS reports, as well as the IS-BAO stages.

Simple to Interpret

These three rating systems are the most common. They’re also simple for non-aviation experts to interpret, with their complex regulations summarized in seals or certificates. You do not need to research everything about aircraft safety to ensure your charter jet operator will comply with the highest standards. Instead, all you have to do is look for an ARGUS medal, Wingman seal, or IS-BAO registration stage.

Easy to Vet Operators

The rating systems make it easier and quicker to vet operators. You can use one of the third-party directories to search only operators with specific certifications or check that a preferred operator meets safety standards. To help you choose the best charter jet operator, always request safety reports.

Book Your Next Charter Flight With Latitude 33 Aviation

Charter safety rating systems have created industry standards that ensure pilots and co-pilots are experienced and have flown without incident. They also ensure aircraft are in excellent condition.

When the time comes to book your next charter flight, look for official safety ratings through ARGUS, WYVERN, or IS-BAO. Pick from the top-rated companies, who have demonstrated an ongoing commitment to their passengers’ safety.

Among the highest safety-rated charter jet companies is Latitude 33 Aviation. Here at Latitude 33, our stringent protocols and practices have earned us a Platinum ARGUS rating — the highest possible rating in the system. Latitude 33 Aviation is part of the top five percent of U.S. private jet charter operators to achieve the stringent ARGUS Platinum safety rating. Our Platinum rating means we’ve had an excellent safety history, and our pilots have passed rigorous background checks. In addition, we maintain a highly functional SMS and an emergency response plan.

When you fly with us, you’ll know your safety is in capable hands. We also offer a range of aircraft in various sizes to meet your exact requirements. Whether you’re flying for business or leisure, our services prioritize your convenience and privacy along with your safety. Enjoy the unmatched experience of Latitude 33 Aviation — get in touch to request a quote today.

To learn more about our services, call 1-800-840-0310 or contact us online today.

Book Your Next Charter Flight With Latitude 33 Aviation RE 1 min

What Is a Private Aircraft Broker?

A private aircraft broker helps to facilitate the sale or purchase of an aircraft between two parties. If you are looking to purchase or sell a private jet, working with an experienced aircraft broker can be beneficial.


What Does an Aircraft Broker Do?

A private jet broker is a company or person that works with a buyer or seller of a business jet to complete the sale of an aircraft. In most cases, the duties of an aircraft broker include facilitating the process of initial discussions through the final closing of the sale. Mostly, aircraft brokers typically only work with either a buyer or a seller to avoid a conflict of interest.

Regardless of if you are looking to buy or sell an aircraft, an aircraft broker can provide counsel, advice and market expertise to facilitate the sale and help the client reach their goals. An expert in flight brokerage can provide numerous benefits and facilitate a transaction so that it goes smoothly and is satisfactory to both parties.

A talented aircraft broker can spot and avoid common pitfalls that may cause a deal to fail, as well as find potential savings. If an aircraft broker is working with a potential buyer, they can also research the maintenance history of the jet to determine the overall quality of the aircraft.

Suppose an aircraft has previous mechanical issues or unreliable maintenance history. In that case, an aircraft broker may look for a more suitable jet, potentially helping the buyer save money by choosing an aircraft that is a better investment.

Duties of an Aircraft Broker Throughout the Sale of a Private Jet


Duties of an Aircraft Broker Throughout the Sale of a Private Jet

Choosing an aircraft broker is an important step toward buying or selling an aircraft. Before selecting an aviation broker to work with, you will want to understand the various duties a broker will be responsible for during the sale. There are four total phases of a private aircraft sale, including appraisal, marketing, contract negotiations and post-sale support. Each process is a vital step toward the sale of an aircraft and requires the utmost attention to detail. An aircraft broker is responsible for:

  • Appraisal: The first step toward the sale of an aircraft is the appraisal process. During this process, an aircraft broker can appraise the current value of an aircraft. Additionally, an aircraft broker can also look into the historical value of the plane as well as its maintenance history. If an aircraft was poorly maintained or did not receive necessary repairs, it can directly impact the value and sale price of the aircraft. An aircraft broker can provide an accurate and thorough appraisal of an aircraft as well as an in-depth look into current market conditions to help you make the best decision.
  • Marketing: The next responsibility of an aircraft broker is a tailored marketing plan that can highlight the most desirable and attractive traits of an aircraft. An Aircraft broker can work directly with a seller and help to create a marketing campaign and strategy that can facilitate the sale of the jet. A private jet broker also has a deep understanding of current market trends and can help advertise an aircraft to prospective buyers by showcasing the aircraft’s unique aspects and positive traits.
  • Contract negotiations: Another responsibility of an aircraft broker is to facilitate contract negotiations to sell the jet. Aircraft brokers are highly skilled at navigating the negotiation process and helping close a deal. One of the main benefits of an aircraft broker during the negotiation process is to help minimize any unexpected incidents or contractual changes during the closing of a sale.
  • Post-sale support: After negotiations and a deal has been reached, an aircraft broker can ensure the transition of the jet is a smooth process. Post-sale support can provide buyers and sellers with peace of mind. If any unexpected complications arise following the sale of an aircraft, a broker is available to help correct any issues and ensure the smooth transition of ownership.

Why Should You Hire a Jet Broker?

A jet broker can be incredibly useful when looking to sell or purchase an aircraft. Brokers offer a safe, reliable way to get a fair value as well as appropriate exposure to facilitate the sale. If you are considering selling or buying a private jet, working directly with a jet broker can be helpful. An aircraft broker has many responsibilities in addition to brokering a deal. An experienced aircraft broker can help with many aspects of a sale, including:

  • Fair value: For a seller, a jet broker can help ensure they receive a fair value during a sale. On the other hand, an aircraft broker can also help a buyer pay a fair value when purchasing an aircraft. Additionally, an experienced broker can help expedite the process and eliminate potential bids that are not valid or too low.
  • Marketing expertise: Aircraft brokers are highly skilled at creating effective marketing campaigns and gaining exposure to garner more interest in an aircraft. If a broker is helping to sell an aircraft, they can create a marketing strategy to help you get the best deal. From social media and online or in-person ads, marketing is an effective way to showcase an aircraft to the right people at the right time. An aircraft broker can leverage the success of a marketing campaign to broker a beneficial deal.
  • Minimal paperwork: Another benefit of a professional aircraft broker is that they can help minimize the paperwork you need to fill out during the sale process. An aircraft broker can process any necessary paperwork to work toward purchasing or selling a private aircraft. Additionally, an aircraft broker may take the responsibilities of clearing titles, closing escrow, transferring bills and other vital aspects regarding the sale process.
  • Informative: Experienced aircraft brokers are highly educated and informed on the process of buying and selling an aircraft. With this extensive background and understanding of the various processes of selling or buying an aircraft, brokers can provide direct insight into the various aspects of buying or selling a jet. Aviation brokers also have a unique and thorough understanding of market trends and how to find you the best value for your money.

How to Choose a Charter Broker

When looking to work with an aircraft broker, there are a couple of things to keep in mind. While a well-designed website or office presentation may be impressive, it is often best to look beyond the first impression to better understand the broker’s work. First impressions are an important factor to consider, but you can learn much more about a broker’s success by taking a look into their work ethic and the experience of previous clients. When choosing a broker, you should consider these five attributes:

  1. Level of expertise: In general, more experienced aircraft brokers have a stronger understanding of the process and can prevent unforeseen complications from occurring and delaying a sale.
  2. Innovation: With social media continuing to be an important aspect of daily life for many people, traditional marketing efforts have shifted to include many online opportunities. A talented aircraft broker stays up-to-date on the latest trends within the industry while also taking innovative approaches to help you purchase or sell an aircraft. As the market is constantly changing, aircraft brokers must adapt and continue implementing the latest techniques and advances to close sales.
  3. Proactive: A proactive aircraft broker will get to work immediately and begin the important steps toward helping you close on a deal. A broker should work quickly to list an aircraft for sale or start looking for potential leads to prevent wasted time.
  4. Resources: Another important aspect to consider is the resources an aircraft broker has to help you sell or buy a private jet. How many people or offices does a broker have to commit to the sales process? Depending on your unique goals, you may be better suited to work with a team rather than an individual.
  5. Core activity: Taking a look at the core activity of an aircraft broker can help you choose the one that is best for your needs. Some brokers cannot secure exclusive mandates and focus instead on assisting another broker’s purchase or sale. Working with a broker who has an exclusive mandate is often more effective as they are just as committed to the sale of the aircraft as you are. In some cases, non-exclusive brokers may lose interest in the process if it is not a quick sale and may begin putting in less effort.

Questions to Ask Your Aircraft Broker


Questions to Ask Your Aircraft Broker

If you are interested in a particular aircraft broker, you will want to consider some of the most important questions to understand their work ethic better. Asking the right questions can help you determine if a broker is right for your own needs and how they would help you meet your goals. Some of the most important questions to ask potential aircraft brokers are their sales or purchase process and any fees they may charge for their services.

What Are Your Aircraft Broker Fees or Commissions?

One of the most important aspects of selecting a broker is determining their overall fees and commissions. While you will want to select an experienced broker with a proven track record of success, you also want to ensure you are getting the most value for your money. Determining a budget can help you select a broker that charges fair fees. Some brokers are paid a flat rate for their services, while others may take an overall percentage of the sale price.

In addition to commissions, you will also want to check if a broker charges retainers to continuing marketing efforts or if these services are included in their pay. Comparing the total costs of services can help you stay within budget and work with a broker that provides an appropriate amount of services for their pay rate.

How Would You Market My Aircraft?

Understanding how an aircraft broker plans to market an aircraft plays an important role in its success. Internet and social media play a vital role in marketing strategies. You will want to be certain a potential aircraft broker plans to use the latest and most up-to-date strategies when selling an aircraft. Additionally, some brokers also take advantage of email marketing to contact potential buyers.

How Long Could It Take to Finalize a Sale?

Setting realistic expectations for how long it may take to sell an aircraft and close on a deal is important. While the sale of an aircraft varies on numerous factors, understanding the average timeline can help you know what to expect throughout the process. Each transaction is different, but asking a potential broker what their typical turnaround time is can be highly informative and provide you with additional information when determining the broker to work with.

How Far Is Your Reach?

The reach of an aircraft broker plays a large role in selling or purchasing a jet. For example, some brokers may have a larger contact list when looking to sell an aircraft. On the other hand, other brokers may not have a large list of connections, leading to a potentially longer sales process. You may want to consider asking how far their reach is and see if they have a list of contacts that spans the local area, across the country or even globally.

How Does an Aircraft Broker Differ From a Dealer?


How Does an Aircraft Broker Differ From a Dealer?

An aircraft broker helps assist a person in buying or selling an aircraft. An aircraft broker is somewhat similar to a real estate agent where they are able to present information on all the available aircraft on the market. An aircraft broker assists with aircraft transactions and can guide you through the sale or purchase process.

An aircraft dealer is often a business that actively seeks out aircraft to buy or trade for the purpose of resale. In many cases, aircraft dealers often hold dealer registration certificates. An aircraft dealer is more similar to a car dealership that looks to buy and sell inventory for a profit. They will usually focus on selling you only the aircraft they have in their own inventory.

Can You Hire a Broker for Charter Flights?

Another service some aircraft brokers offer is chartering private flights. A charter broker is a specialist that works as the representative for someone leasing their aircraft and can help charter a private jet. Charter brokers often act as the middle person in negotiations between an aircraft operator and a charterer. Providing charter solutions for various travel needs, a charter broker works directly with operators and other trip service providers.

When negotiating a deal, a charter broker is responsible for handling many aspects of the flight, including organizing flight logistics, creating contingency plans and how to safely and comfortably help their client get to their destination. The majority of brokers do not own the aircraft they use, meaning they are more inclined to look for the right aircraft for your specific trip so that you are not limited by inventory or aircraft types.

In some cases, charter brokers may be responsible for handling various details of trip planning if the client cannot do so. Additionally, a charter broker will also survey many aspects of a trip, including obtaining paperwork, certificates, insurance or other forms of documentation. A charter broker also prepares a backup aircraft if the original aircraft is no longer available at the time of the flight.

One of the final steps of a charter broker is to review the flight manifests and determine anticipated departure and arrival times. Mileage en route and any plans that require overnight accommodations for the aircraft and crew are also the responsibility of a charter broker. Flying private is one of the most cost-effective and efficient ways to travel.

Expert Private Jet Broker

 

Expert Private Jet Broker

Latitude 33 Aviation is a leading provider of aircraft management that specializes in client-specific, individualized programs. We are an industry-leading expert in providing full-service management programs while maintaining customer service records that clients can rely on. Our leadership takes a unique approach to the private jet industry and is looking to help current and future jet owners achieve their goals.

To learn more about our services, call 1-800-840-0310 or contact us online today.



How to Reduce Your Jet Ownership Costs

How to Reduce Your Jet Ownership Costs

Whether you are traveling for business or personal leisure, owning a private jet can be one of the best investments you can make when you love to travel in luxury. If you’re unsure if owning a jet is right for you or if you’re looking to lower the overall expenses of your jet, there are several ways you can lessen your ownership costs and even make a profit. For example, many jet owners charter their jet when they are not using it or turn to an aircraft management service.

If you’re interested in reducing your jet ownership costs, here is a look at the differences between fixed and variable costs and some ways you can reduce those expenses.

Fixed vs. Variable Costs of Jet Ownership

You can divide jet ownership costs between variable costs and fixed costs. Variable costs are defined as expenses that are subject to change, while fixed costs stay the same over a specific period. By knowing the differences between these types of costs, you can better plan for the future and manage your overall expenses.

What Are the Fixed Costs of Owning a Private Jet?

What Are the Fixed Costs of Owning a Private Jet?

When you own a jet, you’ll have a few costs you know will stay the same over time. These costs can vary based on the jet’s size and type, but once you’ve agreed to the terms, these costs won’t be subject to change. Some of the fixed costs of owning a private jet include:

  • Capitalization costs: Your capitalization costs relate to the amount of money you have to pay to purchase or lease the aircraft, including the interest related to it.
  • Insurance costs: If you own a jet, you also have to purchase insurance to legally fly it. Your insurance expenses, such as liability and hull coverage, will come at a fixed rate.
  • Hangar: When you’re not using your jet, you’ll store it in a hangar. This hangar space will come at a fixed fee per month.
  • Management fee: Many private jet owners will hire a management team to handle various administrative services, such as accounting, record keeping, aircraft scheduling, maintenance coordination, and Federal Aviation Administration (FAA) compliance monitoring, among other tasks. These services will come with a set fee from the management company.
  • Flight crew: Your jet needs a crew to fly it, and you’ll have fixed costs related to hiring a company to screen and interview flight crew candidates. A hiring or management company will also conduct a background check on candidates before presenting them to you. Along with paying for the screening and hiring process, you’ll also have fixed expenses that account for a crew’s salaries, benefits, uniforms, drug testing, and communications.
  • Flight crew training: You may also have expenses from continuously training crew members. These training costs are fixed, as training is conducted annually. Flight crew training ensures your pilots are as well-trained as possible and updated on the latest aviation information.

What Are the Variable Costs of Owning a Private Jet?

In addition to the fixed costs of owning a private jet, there are also several variable expenses. These include:

  • Parts and maintenance: Since you can’t account for every repair or replacement part your private jet will need, any expenses incurred from maintenance or parts fall under variable expenses. You can usually hire an aircraft management company to facilitate repairs and replacement costs.
  • Fuel: The costs to fuel a private jet are some of the main variable expenses you’ll have to pay whenever you travel. The price per gallon can change based on market fluctuations and by the location where you’re buying fuel, with some jet owners choosing to negotiate an airport’s fuel price in advance to better plan for their coming trip’s expenses.
  • Crew meals, travel, and hotels: Whenever you fly, you’ll need to cover the changing costs of your crew’s travel expenses, such as their lodging and meals.
  • Landing and parking: Whenever your aircraft arrives at its destination, you’ll likely have to pay a parking and landing fee that varies based on the airport. Since airports can charge different fees, it’s a good idea to check the costs of landing fees in various airports before deciding on your route.
  • Oil and other operating materials: Your aircraft may need materials like oil, nitrogen, aviator’s oxygen, methanol, and TKS fluid for maintenance and proper operation. Since you can’t always predict when you’ll need these items, they’re considered to be variable costs.
  • Cleaning and upkeep: You can schedule regular cleanings, but your costs can vary at times due to the location of the cleaning service or the need for more in-depth cleanings. Depending on how often you use the aircraft, you may have to pay for more cleaning services to ensure your aircraft is sanitized and always looks its best.
  • Catering: Whenever you order catering for your flight, you’ll pay for the costs of it, with the expense varying based on the cater’s pricing and the type of options they provide.

Using Charter Revenue to Reduce Aircraft Ownership Costs

Using Charter Revenue to Reduce Aircraft Ownership Costs

With all of the fixed and variable costs related to jet ownership, you may want to reduce your ownership expenses. Many jet owners offset their annual operating costs through charter revenue. When you allow others to charter your jet, they’ll essentially rent your jet for a particular period and pay you whatever price you set. By chartering your jet, you can reduce your fixed costs significantly, such as your capitalization expenses, and even make a profit over time.

To charter your jet to other private flyers, you’ll need to define your scope of operation under the FAA’s 135 Air Carrier certificate. Applying for this certificate and having it approved will allow you to charter your jet to other flyers.

Below are some of the primary factors that influence the amount of revenue you can gain if you decide to use your jet for charter flights:

  • Age of aircraft: Newer aircraft tend to be more in demand than older aircraft. Due to the higher market demand for newer aircraft, a more recent model can often attract more flyers and increase your revenue as a result. Additionally, newer aircraft typically don’t have as many maintenance needs, resulting in lower variable costs for your jet.
  • Fixed and operation costs: Different aircraft come with different fixed and operational costs. These expenses can vary based on your jet’s make and model, with some aircraft featuring higher margins between their direct operating costs and the charter rate. Selecting an aircraft with fewer expenses related to private jet operating costs, such as fuel burn, maintenance, and engine expenses, can help you raise the profit you make per chartered flight.
  • Human capital: When you charter your flights, you can offset the costs of hiring pilots and crews for your personal flights. Instead of hiring individual crews per flight, you can end up hiring a two-person pilot team for around 350 hours a year. If you don’t plan to fly 350 hours on your own, chartering can help you reduce your human capital costs per flight by ensuring you get full use out of your crew and avoiding hiring new crews every flight.
  • Engine reserves: Typically, engine companies attribute engine reserves to hourly expenses, with many engine companies requiring jet owners to pay for a minimum annual dollar threshold. Even if you don’t fly enough to meet this annual dollar threshold, you’ll still have to pay for it. If you charter your jet, you can more easily meet this minimum and reduce your annual fixed costs as a result.

Should You Select an Aircraft Management Service When Chartering Your Aircraft?

Private jet owners can hire an aircraft management service to handle the chartering of their aircraft. When you hire an aircraft management service, you add your jet to a licensed charter fleet. Since an aircraft manager knows how to optimize your chartering services, you can raise your private jet chartering profits.

An aircraft management service partner will also often have the expertise and industry connections required to help you save on parts, maintenance, fuel, fleet insurance, and hangars. They’ll manage your flight crews and ensure they’re trained appropriately as well.

Aircraft management services can also manage the charter revenue process, reaching out to potential flyers and adding charters that work for your schedule. A great aircraft management partner will have accounting services available that track how much your charter revenue is offsetting your annual costs, too.

Overall, an aircraft management service can reduce costs, increase revenue, and take much of the responsibility of managing your aircraft off your hands.

Other Options to Save on Jet Ownership

Other Options to Save on Jet Ownership

In addition to using chartering revenue and an aircraft management service to lower your cost of jet ownership, you can also find a few other ways to reduce your overall expenses:

  • Co-ownership: One way to lower your costs is to co-own your jet with at least one other person. By co-owning your jet, you save at least half of your money on fixed costs and the initial purchase price. Keep in mind that you’ll have to iron out terms with any of the other co-owners under this model.
  • Fractional ownership: Through a fractional ownership program, a buyer can purchase shares in a jet. The size of the share you buy translates to the number of hours you can use the jet, helping you get the private jet experience without paying the full costs of ownership. Fractional ownership can be great for buyers who know they’ll only use a jet somewhere between 500 and 400 hours each year.
  • Cooperative ownership: Similiar to fractional ownership, a cooperative ownership agreement involves a cooperative owner buying a jet and then selling shares of the aircraft to one or more other flyers. Instead of having a fractional ownership program handle the management of the aircraft, the cooperative owner will be responsible for it. If you’re a cooperative owner, you can make money on your jet by charging members for shares, and you receive more control over the terms of the jet’s use compared to a co-ownership or fractional ownership model.
  • Leaseback agreements: In a leaseback agreement, you allow another organization to lease your aircraft from you. Leasing a private jet to others is often a good choice if you don’t fly your aircraft a lot and want to save money on your operating costs. If you choose this route, make sure the organization leasing your jet has terms that work for you.
  • Pick an affordable fixed-based operator (FBO): When you own a jet, choosing the right FBO can help you save costs as well. Since an FBO can handle your fueling, maintenance, parking, tie-down, and storage costs, finding the right FBO can help you keep expenses down. Some FBOs offer significant discounts if you sign up to use many of their services.

Should You Own or Charter a Private Jet?

If you’re deciding between owning a private jet or chartering it, the biggest consideration you’ll want to take into account is how often you plan to fly. If you’re not flying more than 200 hours, the costs of owning, operating, and maintaining a private may be too great to justify owning a jet outright. If you only plan to fly occasionally, a private jet charter can be a more financially savvy option, as you get all the luxury of private flying without the costs of owning the aircraft.

However, even if you plan to only fly occasionally, purchasing a private jet can still be a good choice. With all of the options you have to split costs and make revenue off a private jet, it can be an excellent investment opportunity. By chartering the flight to others, you can reduce your overall costs of owning the jet and potentially make a profit.

You might also want to consider the entry costs of purchasing a jet. A newer and more capable jet can come with higher costs that may not make sense for your needs. If you don’t want to pay for entry costs, then chartering a private jet is a great choice.

Buy a Private Jet or Book a Charter Flight With Latitude 33 Aviation Today

Buy a Private Jet or Book a Charter Flight With Latitude 33 Aviation Today

At Latitude 33 Aviation, we’re dedicated to helping our clients find the right private flying experience for their needs. We regularly charter flights for our clients, delivering a stress-free, luxurious flying experience.

We also have jet acquisition and jet brokerage services if you’re interested in purchasing an aircraft. If you already own a private jet, our aircraft management services can assist you with various administrative services and help you offset costs via charter revenue.

Take a moment to review our jet acquisition services today. If you’re interested in chartering a flight or have any questions, you can request a quote or contact us directly.

What Is Fractional Jet Ownership?

Fractional jet ownership is perfect for many private flyers who want the luxury and convenience of owning a private jet but don’t want to pay for the full costs of sole private jet ownership. By joining a fractional jet ownership program, you can get the many benefits of private flying without the full expenses of purchasing an entire private aircraft. As a fractional aircraft owner, you can customize how much of the aircraft you own to match your private flying needs and spread costs among other owners.

If you’re interested in fractional jet ownership, learn more about how it works, its benefits, the costs associated with it, and information about when it’s right for you. You may also want to review the main documents required for fractional jet ownership and some popular alternatives to jet sharing.

How Fractional Jet Ownership Works

How Fractional Jet Ownership Works

Fractional jet ownership refers to a form of professionally managed aircraft co-ownership. When someone wants to participate in a fractional jet ownership program, they’ll purchase a share of the jet, giving them partial ownership over the aircraft.

This share gives them an allotted amount of occupied hours per year that they can use to fly the aircraft. The flying time usually ranges between 50 and 400 hours, and most fractional jet shares will come in a multiple of 1/16th.

When you enter into a jet sharing program, you’ll most likely need to sign an aircraft management agreement lasting for multiple years. You should also know that you may not use the plane you specifically own every time you fly. In fact, it’s possible you may not ever step foot in it. Instead, the company running your fractional jet program will usually have a fleet of similar aircraft available for use, bringing you the closest one as needed.

How Do Fractional Jet Shares Work?

If you want to understand fractional jet shares, you should first know that a fractional plane’s operating time is generally a total of 800 hours per year. Since a fractional jet has 800 hours available per year, an owner’s share will represent a fraction of that number. For example, a 1/16h share will translate to the owner receiving 50 hours of flying per year.

Other popular shares include a 1/8 share equal to 100 hours, a 1/4 share equal to 200 hours, and a 1/2 share equal to 400 hours. Usually, you won’t see shares less than 1/16, as anything under 50 hours usually doesn’t justify the cost. Overall, you can expect higher costs for shares that come with higher hours. Additionally, you may find fractional jet ownership shares that go by the number of days you plan to use the jet rather than hours.

Benefits of Fractional Jet Ownership

Benefits of Fractional Jet Ownership

Compared to full aircraft ownership, fractional jet ownership comes with several advantages that many flyers love. Some of the primary benefits of partial jet ownership include flexible availability, greater privacy, multiple jet options, and personalized investment opportunities. These advantages make fractional jet ownership an excellent travel solution for many flyers.

Here are some additional benefits of fractional jet ownership:

  • Flexible availability: When you’re a fractional jet owner, you usually have aircraft ready for you quickly. Most fractional providers can have an aircraft ready in only a few hours. If you need flights fast, fractional jet ownership can be a great choice.
  • More depreciation deductions: If you use your jet for business flights, you may be able to utilize depreciation deductions related to owning the jet that are not available when chartering. This ability to use depreciation deductions can give owners some tax benefits.
  • Multiple jet options: After purchasing a fractional jet share, you can often use multiple jets of the same type — even if the particular jet you own a share in is at another location while another owner uses it, you still have a jet available for you to fly on. Some fractional jet share programs also allow you to use different jets comparable in size and type to the jet you own fractional shares in.
  • Personalized investment opportunities: When you know you won’t need a personal jet year-round, you’ll love how customizable jet share programs are. You can choose various share options to purchase the number of hours you know you’ll need during the year, with some plans allowing you to bank unused hours over your contract’s length. This level of personalized investment allows you to see the benefits of jet ownership without the higher costs related to purchasing an entire jet.
  • Greater privacy: Flying on a private jet gives you the ultimate in privacy whenever you need to travel. Additionally, since the jet is registered under the fractional company’s name, your travel will stay out of the limelight, as your name won’t be attached to your flight activity on publically available data sources.
  • Reduced flying costs: Fractional jet ownership provides owners with the comfort, convenience, and time-savings of flying private without as many expenses related to owning a full jet. As a fractional jet owner, you won’t have to pay for an entire jet, and you’ll avoid paying the full costs associated with a jet’s services, maintenance, and crews. These reduced financial responsibilities make fractional jet ownership very cost-effective for many flyers.

What Are the Costs Associated With Fractional Jet Ownership?

While you’ll see reduced costs when you choose fractional jet ownership instead of full jet ownership, you’ll still have some expenses you should be aware of. Before you decide to purchase a share of a jet, it’s crucial to understand what costs you’ll be responsible for.

To give yourself more information on the expenses associated with jet sharing, review the main fractional jet ownership costs below:

1. Acquisition Cost

When you first purchase a share in a jet, you’ll have to pay an acquisition cost, otherwise known as a capital fee. These fees will be directly tied to how large your share in the jet is and the type of aircraft you’re purchasing.

For example, a share in a smaller jet will often cost less than a share in a larger one. You might find that a 1/16 share in a smaller jet may only cost a few hundred thousand dollars, while a 1/4 share in a larger business jet might come with a cost in the millions.

2. Monthly Management Fees

Management fees include fixed costs related to owning a jet, such as insurance, comprehensive pilot training, aircraft subscriptions, and administrative expenses. They also include paying for hangar space while the plane is not in use and is being stored.

As a partial jet owner, you won’t have to pay for the full amount of management fees related to owning an entire jet. The cost of your monthly management fees will come down to your share’s size. So, someone with a 1/4 share will pay more than an owner with a 1/16 share of the same jet.

3. Occupied Hourly Fee

Along with management fees and acquisition costs, you’ll also have to cover an occupied hourly fee. This fee includes costs related to in-flight catering, the crew’s wages, fuel, maintenance, and engine reserves. Essentially, the occupied hourly fee relates directly to any expenses incurred while using the jet. Since you may take shorter or longer trips and have different in-flight catering needs, these fees vary based on your particular requirements.

When Is Fractional Jet Ownership Right for You?

When Is Fractional Jet Ownership Right for You?

Knowing if jet ownership is right for you often comes down to how much you plan to use a jet per year. The general rule of thumb across the industry is that fractional jet ownership is only cost-effective if you use a jet at a minimum of 50 hours a year.

Essentially, using the jet less than 50 hours wouldn’t justify the jet’s cost, and it might be better for these types of private flyers to charter flights instead of purchasing shares. Of course, if you need to use a jet for more than 50 hours a year, fractional jet ownership is likely an excellent option.

You should also be comfortable with the jet type you purchase. Private flyers who often travel with different sized groups may want to avoid buying a fraction share, as the jet you purchase a share in may not have the capacity you need for larger groups. Fractional shares are often a better option for people who don’t plan to have much variance in the number of passengers they normally fly with.

How Do Fractional Jet Agreements Work?

When you enter into a fractional jet agreement, you’ll have a few documents you’ll need to sign and agree with.

1. Binder or Deposit Agreement

A binder agreement, or deposit agreement, refers to a provider’s document requiring a buyer to place a deposit before they hold the buyer’s share. A binder agreement guarantees the owner’s pricing won’t change, states a firm delivery date, and identifies the particular aircraft the buyer is purchasing a share in. The agreement should also let the buyer know when their deposit becomes nonrefundable.

2. Purchase Agreement

The purchase agreement is a document the buyer uses to purchase their fractional shares from a provider. This agreement covers the provider’s warranties and representations related to the aircraft’s condition and title. It also lays out how the provider will repurchase your share after the agreement, as well as terms and fees related to leaving your agreement early.

3. Master Dry Lease Exchange Agreement

A master dry lease exchange agreement dictates the relationship between the aircraft’s fractional owners. This agreement usually has every owner sign off on other owners using their aircraft. By signing this document, owners also receive the ability to use the provider’s fleet in place of the aircraft they own a share in.

4. Management Agreement

In this agreement, the buyer agrees that the provider will serve as their aircraft’s manager and fractional program’s administrator. The agreement covers how many hours the owner can fly, their flying costs, and when they can fly. These agreements can also stipulate how rollover hours work, the owner’s right to interchange, where owners can fly, and peak travel days when the owner will have more restrictions. Additionally, it will explain how the provider calculates flight time and how far in advance you have to reserve the aircraft.

Are There Alternatives to Fractional Jet Ownership?

For some buyers, fractional jet ownership isn’t right for their flying requirements. Luckily, buyers can choose from several alternatives that may fit their needs more closely. Find out more about the alternatives to fractional jet ownership below:

  • Purchasing a jet: If you fly frequently and don’t want any restrictions on your flying, purchasing a private jet is a great investment. When you own a private jet, you can fly as much as you’d like and change your schedule at any time. Many buyers also enjoy owning an entire jet, as it can be an investment opportunity. They can sell it back later and even rent it out to other flyers to make a profit.
  • Private jet leasing: When you’re not sure if you want to own a jet, a private jet lease is an excellent choice. With a lease, you essentially rent the aircraft for a specified period of time and sell it back to the leasing company at your contract’s end. Leasing a private jet can give you plenty of information about whether you want to eventually own a jet and help you make an informed buying decision. Private flyers also enjoy leasing because they can switch to another plane when their contract ends.
  • Jet cards: Another popular alternative to fractional jet ownership is purchasing a jet card. These cards allow you to buy a set number of flight hours in bulk, allowing you to save on costs compared to individually purchasing a flight every time you need a private jet. If you purchase a jet card, you’ll prepay for a number of jet flights, with the card’s terms guaranteeing availability and a fixed hourly rate. Hourly rates for jet cards are higher than fractional ownership, but they do not require as large of an upfront capital outlay.
  • Aircraft charters: When you only fly occasionally and don’t want any long-term commitments, chartering an aircraft is a great decision. Since an aircraft charter is only a one-time expense, aircraft charters don’t require you to place a large sum of money down up front, and you won’t pay ongoing fees. Additionally, aircraft charters allow you to choose various types of jets each time you fly, giving you the flexibility to select the right size and type of jet for your needs.

Explore Jet Chartering and Transaction Services From Latitude 33 Aviation

At Latitude 33 Aviation, we’re ready to give you the ultimate in private flying luxury. We regularly provide our buyers with jet acquisition and brokerage services, as well as extensive aircraft management and private jet charter services. We also have a premier aircraft fleet made up of light, midsize and heavy jets, with every charter aircraft option offering an upscale and lavish experience.

Request a quote to charter a private jet today. If you’re interested in owning a jet, please feel free to inquire about our sales services.

Explore Jet Chartering and Transaction Services From Latitude 33 Aviation

A Guide to Fixed-Base Operators

Fixed-base operators (FBO) are the gold standard in airline travel. These facilities allow travelers to charter private jets and aircraft, flying in maximum privacy and comfort. Private jet FBOs provide several services to ensure passengers and pilots have the most seamless and stress-free flying experience possible.

Find out more about what FBOs are and how they operate. You may also want to know more about the benefits of FBOs and why you might be interested in using one for your next flight.

what is a fixed base operator
What Is a Fixed-Base Operator?

An FBO is an organization that has the right to operate at an airport and provide various aeronautical services. Some of these services regularly include flight instruction, aircraft rental, aircraft maintenance, fueling, tie-down, and parking services. Essentially, FBOs act as private jet terminals. Not every airport offers these, but there are many nationwide.

You’ll usually find FBOs on the grounds of a public-use airport, providing several types of support services to general aviation operators. Most FBOs offer weather and flight planning assistance and crew or passenger lounges. FBOs located in major international airports can even have showers and private sleeping rooms. Some FBOs have office and hangar space, maintenance services, aircraft owner management, and charter services.

Owners of FBOs range widely, with some people owning them independently and others owning them as a chain. As a result of this mix, many options are available to people interested in using an FBO, such as a private flier looking for a luxury experience. In a 2015 FBO survey from AIN Publications, the media company found approximately 3,000 FBOs operating in the U.S. In a follow-up study, they also identified around 4,500 of them worldwide.

Why Is It Called an FBO?

The term FBO originated in the early unregulated days of aviation. Before the Air Commerce Act of 1926, civil aviation was mostly unregulated, with pilots using military surplus aircraft for various purposes. Many of these pilots would fly from location to location and land on a farmer’s property. These early pilots would open temporary bases on these properties, where they could offer flight lessons and rides to those interested in getting into the air.

After the passage of the Air Commerce Act, regulations around flying became more strict. These new rules implemented training standards and required pilots to have a license. Additionally, there were new specifications for maintenance. The pilots and mechanics who would set up temporary camps had to adjust to these new conditions, with the new laws making it harder to run a more transient flying business.

Many of these pilots and mechanics reacted to these new conditions by starting permanent flying businesses. These new businesses called themselves fixed-base operators. This term was a way for these new permanent businesses to separate themselves from the more temporary flying businesses of the past. Today, FBOs are crucial to supplying private aircraft and delivering high-quality services to their clientele.

benefits of airport FBOs to passengers
Benefits of Airport FBOs to Passengers

If you’re a private jet traveler looking for a luxury flying service, there are many advantages to choosing airport FBOs for your flying needs. Passengers love the fast and personalized experience of FBOs. Additionally, FBOs come with top-tier amenities, customer service, and flight crews for the most comfortable and convenient flights possible.

Check out some of the top airport FBO benefits below.

1. More Private and Laid-Back Experience

As you wait to board your private jet, FBOs offer a more discreet experience. Since FBOs are so exclusive, you won’t have to worry about long lines or crowds of people as you enter the airport. For passengers who prefer a stress-free experience, FBOs are the best option. Some FBOs even allow passengers to drive straight up to their plane and board without having to wait in a facility.

2. Great Customer Service

When you fly with an FBO, you can expect to receive top-level customer service. This service will ensure you have every question answered, and the FBO staff can often help you charter future flights. Additionally, you can regularly meet your flight’s captain and co-captain before the flight. FBO crews can handle the various challenges that come with flying, all while meeting and exceeding your expectations.

3. Exceptional Amenities

There are many advantages to relying on an airport FBO for your flying needs and the exceptional amenities they offer are at the top of the list for reasons why passengers keep coming back to them. Standard conveniences include restrooms, coffee and soda, Wi-Fi, and lounges.

Additionally, larger FBOs can also provide travelers with conference rooms for business meetings and restaurants for hungry passengers. These FBOs often come with luxury concierge services, like hotel bookings and car rentals. Some FBOs also offer showers for those who need to freshen up before or after a flight. Additionally, they may have game rooms, providing passengers with entertainment while waiting to take off.

4. Fast Boarding and Check-In Process

When you fly via an FBO, you don’t have to go through bag searches and personal screenings like you would if you were flying via a commercial terminal. Instead, you usually only have to show your ID to a pilot or another staff member before boarding. Alongside skipping typical security procedures, it’s common for passengers to only wait a few minutes at an FBO before boarding and taking off. There’s no waiting for hours before your plane arrives.

5. Experienced Flight Crews

FBOs also hire knowledgeable, reliable crews who know how to make your flight as comfortable as possible. On the plane, they’ll be ready to provide you with several services and amenities, such as food and drink. Unlike busier commercial flights, where flight attendants have to worry about hundreds of passengers’ needs, private flight attendants can focus solely on providing you the best flight experience possible.

How FBOs Serve Charter Pilots

Besides the many advantages FBOs provide to passengers, they also play a crucial role for charter pilots. FBOs provide charter pilots with aircraft servicing, amenities, fuel, and parking. All of these services are essential to keeping pilots comfortable and ensuring their planes are safe to fly.

Here are some of the basic services FBOs provide to charter pilots:

  • Fuel: A primary role of an FBO revolves around providing fuel to aircraft. They refuel a pilot’s plane and get them back in the air as fast as possible. Additionally, FBOs often come with the ability to provide several types of fuel, such as jet fuel for turbine engines and avgas for piston-powered engines.
  • Aircraft servicing: When charter pilots land their plane at an FBO, they can expect a team of highly trained mechanics to conduct any maintenance or repairs for their aircraft. FBOs also offer interior and exterior cleaning services for planes.
  • Parking: FBOs provide short-term and long-term parking for planes, making it easy to find a solution for their needs. Versatile parking solutions include quick parking for refueling, tying a plane down for a longer stop, and renting hangar space for storage.
  • Amenities: Charter pilots regularly rely on FBOs for lodging and other services while they rest and prepare for another flight. Typical conveniences for pilots include flight planning rooms, restaurants, lounges, and car rental services. They sometimes offer sleeping areas and showers for longer stays.

Understanding FBO Classifications

FBOs fall under three different tiers, determined by their total revenue and the types of services they offer. Learn more about the three main categories of FBOs below:

  • Tier One: Tier One FBOs are the largest FBO type. Qualifying organizations must have a revenue higher than $25 million a year. Typically, these FBOs offer full services for fuel, facility, and hangar space. They also come with maintenance and technical services for turbine aircraft, replacing parts as needed. Additionally, they’ll usually feature OEM-certified aircraft service centers and turbine aircraft charter and management services.
  • Tier Two: Right in the middle, Tier Two FBOs have a total revenue ranging from $10 million to $25 million a year. Like Tier One FBOs, this class of FBOs offers full services for fuel, maintenance and parts for turbine aircraft, and facility and hangar space. They also usually offer aircraft charter and management services. Unlike most Tier One FBOs, Tier Two FBOs usually host specialized missions, like medevac and geophysical services.
  • Tier Three: The smallest and most common types of FBOs fall into the Tier Three category. Like the other two, they offer fuel, facility, and hangar services. Unlike the others that offer maintenance and parts for turbine aircraft, Tier Three FBOs primarily offer piston and turboprop services. They also often provide piston and turboprop aircraft charters and flight schools, such as flight training and aircraft rentals.

Can You Choose an FBO?

Usually, the pilot and flight adviser will choose the FBO for a passenger’s flight. Often, their choice will depend on the types of contracts they have with various FBOs, with the final decision often resulting from their fuel contracts. However, most pilots will allow a passenger to request a different FBO. If they agree to a switch, it may come with a surcharge to account for higher costs.

When you want to choose an FBO for your flight, you’ll want to start by figuring out how much more it will cost you to change from the pilot’s preferred FBO. If the price range still falls within your budget, you can be confident in your decision to switch the FBO.

After looking at the financial terms, you may also want to evaluate the types of entertainment, amenities, and transportation options available at various FBOs. Those who plan to stay at the FBO for an extended period will likely want better amenities. Evaluating the FBO’s lounge, entertainment options, and dining offerings can ensure your stay at the FBO is comfortable.

For those who need to get moving right after they land, it’s a good idea to choose one that can facilitate quick transportation to various places. You can also select an airport that puts you in the best location and offers the fastest transportation services to get you to your needed destination. Many passengers will select an FBO based on available hotel options.

tips for using an FBO before and after your flight
Tips for Using an FBO Before and After Your Flight

Passengers regularly have questions about the FBO experience, such as how they should get there and where they should park. As you look for an FBO and plan your flight, you can learn more about some of the essential tips to be aware of as you use an FBO. Check out some of the most frequently asked questions about flying with an FBO below:

  • How do I get to the FBO and check in? FBOs are usually separate from commercial airline terminals. When you receive your private flight’s itinerary, you’ll find the FBO’s address and directions for how to get there. Once you arrive, the check-in process is quick, with a reception staff ready to help you get on your flight and answer any questions you might have.
  • Where do passengers park? Typically, FBOs offer complimentary parking areas for passengers who want to leave their vehicle in a secure location. Some even provide valet parking for a more convenient boarding process.
  • What’s the security process? Unlike more traditional flying options, you won’t have to wait in a long line or experience bag searches or personal screenings. Usually, you only have to show an ID to a pilot or representative, making the security process much faster.
  • Who handles my luggage? When you arrive at the FBO, the front-desk agent will help you get your luggage into the plane. Since FBOs coordinate with flight crews, they’ll take care of your bags without you having to lift a finger.
  • Are customs and immigration available? If you’re traveling internationally, you can find many FBOs offering on-site customs and immigration at their facility. Sometimes, you’ll need to go through the airport’s standard customs and immigration process, but it’ll be quicker than at a commercial terminal.
  • How do passengers get to their next flight? Passengers who are switching planes can coordinate with the FBO to ensure they have transportation ready in advance to get them to their next flight. They’ll usually have shuttles or private vehicles to help you get to your next flight quickly and comfortably. If you’re transferring to a different flight, ensure you’ve communicated with the FBO so they can accommodate your travel needs.

book a private jet flight from latitude 33 aviation today
Book a Private Flight With Latitude 33 Aviation Today

When you’re looking for a luxurious flying experience, Latitude 33 Aviation is a go-to option. We operate out of many FBOs in international airports nationwide. Since our company manages one of the largest and most advanced private aircraft fleets in the nation, we can provide you with the right plane for your needs. You’ll also find VIP treatment tailored to your preferences at hand-picked FBOs and on your flight.

As you look to charter a flight, review our many private jet charter locations and destinations. Once you’re ready to charter the flight, request a quote to have one of our trained representatives get in touch with you promptly.

What Is an Empty Leg Flight?

Empty leg flights can offer exceptional value for potential customers. Essentially, an empty leg flight occurs when a private jet is chartered to a specific location and doesn’t have any passengers for its return flight. If the aircraft lands and doesn’t have any passengers booked for the flight back to its home base, it will likely have an empty leg flight. These flights may also be referred to as empty flights, ferry flights, repositioning legs, dead-heads, or one-way flights.

Before these aircraft return to their home base or a new location to pick up passengers, the aviation broker may offer to take new passengers to the location at a discounted cost. Flyers who don’t mind booking a flight on short notice or who want to save on travel can benefit from learning more about empty flights and how they operate, so they can find the best flight for their needs and budget.

Why Do Private Charter Jets Fly Empty Leg?
Why Do Private Charter Jets Fly Empty Leg?

Private charter jets fly empty for various reasons. First, it’s common for empty leg charter flights to occur when a jet is flying back to its home base, with no passengers, after completing a charter leg. They may also happen when a private jet has been serviced away from its base and needs to fly empty to pick up passengers.

Empty leg flights regularly occur when a passenger books a one-way flight and the private jet doesn’t have any passengers to take back to the starting destination. A primary reason for empty leg flights also comes down to cost. At times, it’s more affordable for an aircraft and its crew to return to their home base than wait for potential passengers to charter a flight from the current base at which the jet is waiting.

How Does the Empty Leg Flying Experience Differ?

Empty leg flying offers a few differences when compared to standard charter and commercial flights. When compared to a standard chartered trip, empty leg flights usually come at a lower cost, allowing you to get the individualized experience of flying privately at a discount. Many passengers use ferry flights for vacations and business trips. It’s important to know these empty leg flights only go one way, so you’ll have to book another flight if you need to return.

Compared to commercial flights, empty leg flights provide buyers a more private and luxurious experience that often can’t be guaranteed on a standard flight. By choosing empty leg charter flights, you can fly with a smaller selection of passengers or as a single party, avoiding the cramped conditions of commercial travel. These flights also often come with extra services to make the flight more comfortable and deliver an unforgettable experience.

What Benefits Do You Get from an Empty Leg Flight?
What Benefits Do You Get from an Empty Leg Flight?

Many flyers keep an eye out for empty leg flights as they provide the ability to skip queues, increase privacy, enjoy greater flexibility, and garner savings. Below you can find out more about some of the top benefits of empty leg flights:

  • Flexible schedules: While empty leg flights sometimes have stricter scheduling requirements, many of them offer flexibility for when you leave and arrive. This flexibility allows you to pick a take-off time that is most convenient for you. If you’re running late to your flight, the jet will wait for you and take off when you’re ready.
  • No queue: Many flyers love how empty flights let them skip long screening and security lines and processes. When you fly private, you can avoid these lines, with more relaxed security processes to help get you on your plane and on to your destination faster. If you’re flying internationally, many airports will have a separate private customs area for those flying private, cutting down your wait time.
  • Enjoy luxury and privacy: Like standard private jet flights, one-way flights offer greater privacy and a comfortable experience. You can book a private jet flight where only your party boards the jet with you. This privacy allows you to focus on your work or simply relax. Additionally, you can receive more personalized service from staff, with the flight experience catered to your needs.
  • Savings: Another primary benefit of flying on an empty leg flight is that it often comes at a lower cost than a standard jet trip. The prices will be affected by the popularity of the route, type of aircraft, and the season you’re flying. If you fly with a group, these flights can sometimes be more affordable than flying commercial.

What to Know Before You Book an Empty Leg Flight

Before you book an empty leg flight, you’ll likely want to consider some of the unique factors that go into this process. Empty leg flights tend to be available last minute, so you likely won’t be able to plan out flights far in advance. Since these flights are usually only available on short notice, you may want to check for them regularly if you plan to fly soon.

Similar to the last-minute nature of these flights, their routes tend to be fairly unpredictable. You can’t pick the destination, so the routes are up to the jet’s needs. As such, you may have to be more flexible with where you’re willing to travel or wait longer to find a flight that fits your travel plans.

If you fly on an empty leg flight, you should also take into account you’ll need to find an alternative way home. Additionally, these flights can be canceled or have last-minute changes for several reasons. If the aircraft ends up needing maintenance or routing is changed, a potential passenger may not be able to book the flight anymore, or the departure date may have to change.

Book an Empty Leg Flight With Latitude 33 Aviation

With all the benefits empty leg flights can provide, take a moment to check out some of the one-way flights offered from Latitude 33 Aviation. Occasionally, our private charter jets fly without passengers, giving people the opportunity to book a flight at a discounted cost. Whether you’re flying for business or pleasure, we may have an aircraft that can get you to your destination quickly with a significant cost advantage.

View the available one-way flights and reserve your flight today. Want more information? Request a quote, and one of our representatives will be happy to assist you.

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