Private charter flights are known for being faster and more efficient. They help professionals with busy schedules reach their destinations through shorter flights. Various factors affect the swiftness and efficiency of private jets, such as weight, altitude, and temperature.
When planning your next business trip, consider the process that influences the duration of your journey. The quick boarding process and availability of direct flights can significantly reduce your travel time.
Explore how fast private jets fly and the factors influencing their speeds. Flying on a private jet could help you save time when taking your next business trip or holiday.
How Fast Are Private Jets?
The average cruising speed of a private jet at a higher altitude is around 500-600 mph — or 434-521 knots — and some can reach speeds of up to 700 mph or, rather, 608 knots. However, various factors influence the speed of a private jet, including the type and size of the aircraft. Smaller private jets are faster due to their size.
The range of the private aircraft also affects how fast it travels. Higher speeds mean that the aircraft can reach farther distances quickly. While light private jets are faster, they can travel up to 1,303-1,651 nautical miles (NM), translating to approximately 1,500-1,900 miles.
Why Are Private Jets Faster?
Many factors influence the speed of a private charter jet. While some benefits apply to both private and commercial aircraft, others are more exclusive to private jets. Here are a few reasons why private jets are faster:
Reduced payload: Light private aircraft are smaller to accommodate fewer travelers per flight. The reduction in weight and the smaller size of the aircraft minimizes resistance that weighs down the aircraft and increases lift during flights.
Lighter mass: Most private aircraft are made from composite materials, titanium, and aluminum. It produces an aircraft with lighter weight, allowing for less drag.
Flies at higher altitudes: Private jets can fly at higher altitudes due to their smaller size and reduced weight. Higher altitudes result in cooler and thinner air that has less resistance on the aircraft. This allows the private jet to fly faster than a regular plane and maintain elevated cruising speeds. The higher altitudes also allow private jets to bypass air traffic and pass over various weather conditions, avoiding delays and increasing efficiency.
Faster ascension: The reduced payload on private jets allows the aircraft to ascend faster than a commercial flight since there is reduced drag. It also allows the private jet to reach cruising altitudes quickly, maximizing their efficiency.
Is a Private Jet Faster Than a Commercial Plane?
Size and altitude are core reasons a private jet flies faster than a regular plane. Private charter jets can fly at increased cruising speeds than commercial aircraft, with an average cruising speed of 500 mph, measured as 434 knots.
Commercial aircraft are heavier and more prominent in size as they carry more passengers and cargo daily. A heavy private jet can accommodate up to 16 passengers. Even with commercial flights’ weight restrictions, passengers, cargo, and size contribute to the weight. It causes more drag, decreases the speed, and leads to longer flights.
With over 25,000 commercial flights a day in the U.S. alone, heavy air traffic can also lead to delays for commercial flights — and as many travelers know, these delays often have a domino effect, causing delays that can last days. Since private jets do not have to compete as much for airspace and often land at private airports, travel times can be significantly shorter and more consistent.
How Does Weather Influence Private Jet Speed?
Weather can significantly affect the speed of an aircraft. Low winds and clear skies make for excellent flying conditions. However, sometimes the conditions are less than ideal. Private aircraft pilots complete training to help them navigate through various weather conditions, but things like wind and temperature can take their toll on flight time:
Wind: Headwinds that move against a light private jet result in greater resistance and drag that could slow the aircraft. In contrast, a good tailwind can shorten flight time.
Temperature: Since hot air is less dense than cold air, an aircraft’s engine often has to work harder to fly in hot weather. In freezing temperatures, icing on a light aircraft’s wing and exterior can increase weight and drag, resulting in lower speeds.
Weather conditions such as thunderstorms and fog can also affect private jet speeds by impacting visibility. Aircraft operators will always prioritize passenger safety, and while storms can cause delays, the flexible nature of flying private allows you to continue to your destination as soon as the weather clears up. Travelers on commercial aircraft, however, could face cancelations or wait hours for the next flight.
How Private Charter Flights Can Assist in Saving Time
Apart from the flight, factors such as boarding and flexible departures can contribute to saving time through private charter flights. Take a look at the few ways private charter flights enhance time efficiency:
Shorter flights: With increased speed, you can look forward to shorter flights that help you reach your destination earlier.
Bypass long lines: Private terminal allows you to avoid long lines found when taking a commercial flight. You can also complete private security screenings quickly.
Shorter check-in process: By avoiding long lines, you have a quicker check-in process. You can arrive at the airport as little as 20 minutes before your flight and make it in time for your trip.
Flexible departure: Since you have booked the private charter flight, you aren’t bound to the strict schedule of a commercial flight. If permissible by the airport and flight crew, you can depart at a suitable time. It is also convenient for travelers who arrive late.
Increased airport options: Private charter flights have access to more airport runways. You can land closer to your destination, saving you time by avoiding connecting flights.
Choose Time Efficient Private Charter Flights With Latitude 33 Aviation
Receive the best of both luxury and efficiency with Latitude 33 Aviation. With our proficient private charter services, you can look forward to swift flights and reach your destination with time to spare. The quick boarding process provides a simple and sophisticated experience.
We provide private charter jets, manage aircraft, and provide maintenance to ensure you travel in peak conditions. With the help of Latitude 33 Aviation, you can enjoy the best private charter jets and services in the industry.
When you want an excellent flying experience, you might instinctively buy a first-class ticket with a commercial airline. You may be surprised to learn that conventional first-class travel has declined in recent years. Conversely, flying private has never been more popular — in 2022 alone, the number of private flights increased by 11% compared to the previous year. Part of this shift is due to safety-related concerns that arose during the COVID-19 pandemic. Other contributing factors include better amenities, time savings, and reduced travel stress.
If you’re familiar with traveling via commercial aircraft, you may be unsure of what to expect on your first charter flight. It’s beneficial to prepare yourself before you board. This first-time flyers guide will help you make your experience as smooth as possible — and prepare you for your next journey.
What to Expect When Flying on a Private Jet
Various differences exist between private jets and commercial airlines. Private flights offer a degree of luxury and comfort that traditional first-class cabins simply lack. Some differences you should expect when making your first private flight include:
Flexibility and Convenience
Unlike commercial airlines, private jets do not require you to wait in long lines or go through invasive security checks only to get in another line to board the aircraft. While you’d have to arrive at a commercial airport hours before your departure, you can check in to your private flight and begin your journey within an hour of departure. Because private jets are much smaller than commercial aircraft, you can avoid dealing with the chaos of a large commercial airport.
Additionally, most private flights allow you to bring your pets into the cabin with you rather than storing them in the cargo hold as you would have to on many commercial flights. Wherever you are flying, you can be sure your cherished companion is as comfortable as you.
Once you land, you also avoid the wait of visiting baggage claim or dealing with lost luggage. When you fly private, you can receive your bags immediately upon landing.
Onboard Luxuries
Flying first class was once the peak of aviation luxury, but these days are no more. Today, private aircraft have surpassed their commercial rivals in comfort, convenience, and style.
While private jets are smaller than commercial aircraft, they’re far more spacious inside. You and your traveling companions have the entire cabin to yourselves, with ample legroom and space between seats. Additionally, charter jets can feature high-quality leather recliners, perfect for lying back and unwinding.
Other advantages of flying private include:
Wi-Fi: Complimentary Wi-Fi is available on most private jets, so you can use your devices for work or entertainment as you please.
Refreshments: Enjoy your favorite snacks, beverages, and meals on a charter jet. Simply ask, and your crew will do their utmost to grant your wish.
Catering: Speak to your Charter Sales Concierge to arrange catering for your flight. They’ll provide delicious menu options based on your food preferences and dietary restrictions.
Entertainment: If you would like entertainment during the flight, your crew can certainly accommodate your request. Whether you enjoy music, specific shows, games, or even live entertainment, you have the freedom to make your private flight your unique experience.
Safety: In addition to holding the proper licensure required to fly, your pilot and crew are familiar with their specific aircraft. You can trust that your traveling party is in capable, reliable hands.
Of course, many of these benefits are specific to the charter operator you choose to fly with. Before booking a flight, conduct thorough research on each operator in your area and speak to a representative about any questions you have.
Jet Etiquette Tips for Your First Private Flight
Once you’ve finished chartering your flight, you’re well on your way to a travel experience unlike any other. However, there are actions you can take to maximize your trip. Here are some private jet etiquette tips to help you ensure your first charter flight is as smooth as possible.
Before Boarding
While flying private is quite different from flying via commercial airlines, you should still make sure you have everything you need in advance. Preparations to make before your flight include:
Arrival: While you don’t need to go through baggage claim or extensive security checks to board a private jet, you should aim to arrive at least 30 minutes before departure to check in and make sure everything is settled. If you need to arrive earlier, you may relax in the airport’s private terminals or VIP lounges.
Documents: Be prepared to show your government-issued ID as well as any other forms of personal identification you used when you booked the flight.
Luggage: You can usually bring more on a private jet than you can on most commercial flights, but you should confirm with your charter operator first. If needed, they can arrange a larger aircraft for you.
Pets: If you’re traveling with pets, you must bring their vet records with you and ensure they meet the requirements for your destination.
Catering: If you have any dietary restrictions or you would like to make a special request, make sure to communicate all catering needs at least 48 hours in advance.
During Your Flight
On a private flight, you get total control over who flies with you. Whether you are flying by yourself or you’re with a group, you’re free to spend your flight as you please — chatting with your traveling companions, getting some work done, or resting your eyes in peace and quiet.
Some tips for a great flight experience include:
Safety: After boarding, you should expect the crew to provide a pre-flight safety briefing that walks you through everything you’ll need to know for a safe flight, including emergency protocols. Be sure to pay attention and thank the crew after this message.
Dress code: While charter operators do not require you to dress any certain way, it is a good idea to dress for the occasion you are traveling for. For example, if you are on a business trip, you should dress accordingly.
Behavior: Your crew takes special care to meet your needs and expectations, so it is only fitting that you respect their efforts during your flight. Follow the rules and be courteous to your crew, and you should have a wonderful journey.
Entertainment: While Wi-Fi is available on most private jets, it’s always a good idea to pre-download any games, movies or other entertainment before your flight. That way you are ready if there is a poor connection, weather, or other interference with the Wi-Fi.
Finally, if you would like to tip the crew, you may — while tips are never expected, they are appreciated, especially if you feel you received exceptional service. You may find yourself flying with the same crew again in the future.
Thanks to such attentive service, you’ll disembark at your destination feeling refreshed, relaxed, and ready for your activities on the ground.
Book Your First Private Flight With Latitude 33 Aviation
At Latitude 33 Aviation, we are honored to welcome new travelers. Whether you’re taking a well-deserved vacation or flying to a major business summit, rely on us to get you there.
Flight attendants are a staple of air travel. When chartering a private jet, knowing if your aircraft comes with flight attendants can ensure you are getting the flight experience you want.
The availability of flight attendants on a private jet will depend on the company you charter the aircraft. At Latitude 33 Aviation, you can request flight attendants for your chartered jet on any aircraft except for our light jet options. Additionally, a cabin attendant is included in your charter for CL-605 aircraft flights.
The Benefits of Chartering a Private Jet With a Flight Attendant
When considering whether you should request flight attendants for your private aircraft, knowing what they can add to your experience can highlight if flight attendants will meet your needs. They can improve the experience of many passengers flying on private jets with their various services, including:
Addressing passenger needs: Flight attendants offer many in-flight services to passengers to enhance their comfort and enjoyment. They can provide refreshments, from snacks and drinks to meals and luxury beverages. When you need assistance accessing in-flight services, like entertainment or rest, flight attendants can ensure you get the full experience of your private jet.
Working as a liaison between passengers and pilots: When flight attendants can manage passenger needs and safety procedures, pilots can better focus on flying the aircraft. Flight attendants will communicate with pilots and passengers to pass messages and keep passengers informed. This system allows pilots to increase safety and comfort while improving knowledge for passengers. Flight attendants can answer passenger questions about the plane and its features and they can also make announcements about turbulence or updated arrival times.
Streamlining onboarding and disembarking: Flight attendants have many skills, including customer service and assistance. Whether your party has elderly or disabled passengers who need more assistance or you want efficient onboarding and disembarking processes, flight attendants know the best practices to enhance safety and speed. They can help store bulky luggage and help individuals to their seats.
Speaking multiple languages: Flight attendants often have unique skills suited for frequent world travelers and working with many types of people. Many flight attendants speak multiple languages, especially with such language diversity across the country. If you have passengers who speak other languages, having a crew of flight attendants can enhance their experience and keep them informed and safe.
Each flight attendant has a mix of helpful skills that can enhance the passenger’s experience on a private jet. With fewer passengers to serve than on commercial flights, passengers can receive assistance and attention more efficiently to better meet their interests and enhance comfort.
If you are interested in investing in a flight crew for your private aircraft, getting answers to your questions can help you determine if this solution is right for you. While some factors might depend on your chosen aircraft and charter company, other decisions might depend on personal preferences and flight attendant capabilities.
1. Which Aircraft Include Flight Attendants?
When you choose Latitude 33 Aviation, you can customize your private aircraft experience by requesting flight attendants. This option is available for our midsize, super-midsize and heavy jets. Please note that while flight attendants are not commonly requested for light aircraft, we are open to accommodating such requests based on individual preferences.
If you charter our Challenger 605 jet, a cabin attendant comes with your contract. However, cabin attendants have different responsibilities than flight attendants. Our cabin attendants are not required to receive safety training, so if you want flight attendants for the increased safety perks, you should consider requesting additional flight crews for this heavy aircraft.
2. How Many Flight or Cabin Attendants Will There Be on My Charter Flight?
You’ll need to request flight or cabin attendants when flying on Latitude 33 Aviation private jets. However, you can request multiple attendants to provide the level of assistance you need for you and your guests. Especially if you have comprehensive needs or more guests on board, having multiple flight attendants can ensure everything runs smoothly throughout the flight.
3. Can I Add a Cabin or Flight Attendant to My Jet Charter?
When it comes to the service on our private jets, it’s important to note the distinction between “flight attendants” and “cabin attendants.” Our dedicated team of cabin attendants is specially trained to cater to your needs and enhance your in-flight experience. Unlike traditional airline roles, their primary focus is on your comfort and enjoyment. Our Flight Charter Concierge Sales at Latitude 33 Aviation is here to guide you in making the right choice for your journey.
4. What Services Will a Cabin Attendant Provide During My Flight?
Cabin attendants can offer various services to passengers on private jets, making them valuable assets that can increase your flight enjoyment. While each private jet charter company’s cabin attendants will offer different services, the ones provided by the cabin attendants partnered with Latitude 33 Aviation include the following:
Offering food and beverage services: Whether you have a short flight along the coast or are traveling across the country, food and beverage services can keep passengers satisfied and ready to arrive at your destination. Our cabin attendants can also prepare catering options to fit dietary needs and restrictions to create a safer environment for your guests and loved ones.
Creating custom environments: Cabin attendants are well-versed in hospitality, creating a welcoming and enjoyable environment for passengers embarking on a chartered private jet. Further, they can follow instructions to develop the flight environment you need, whether you are entertaining friends or hosting business partners. Some examples of these services include providing magazines, newspapers, welcome displays or floral arrangements.
Preparing bedding for overnight flights: Overnight flights benefit many travelers, allowing you to arrive at your destination in the morning to optimize your time there. However, commercial flights can create uncomfortable environments where passengers can’t sleep. Instead, our cabin attendants can arrange and prepare bedding for a comfortable, restful flight.
Maintaining the cleanliness of the cabin: The quality of our aircraft is important to us. A clean cabin is essential for ensuring a comfortable and safe environment. Our cabin attendants work to clean up messes and restock supplies for a clean flight without any complications.
5. How Much Do Cabin Attendants Cost?
Cabin attendants are available upon request for your Latitude 33 Aviation aircraft for an additional fee. Cabin attendants cost about $1000 per day on your chartered flight. For many individuals, the comprehensive services and benefits cabin attendants add to flights help balance the additional expenses of hiring them for private jets.
Charter a Private Jet With Latitude 33 Aviation
Private jets can provide the privacy, comfort and services individuals value when traveling. Latitude 33 Aviation offers comprehensive chartering services, allowing you to choose the aircraft size and services that best fit your needs. With options to travel to several cities and locations, you can travel across the country for work and pleasure with us.
Contact us today to learn more about flying with Latitude 33 Aviation and our cabin attendants.
Debunking Myths and Misconceptions About Private Jets
Whether you’re taking a luxurious vacation in the Bahamas or flying to an important business trip, you need to know your chosen mode of travel will get you to your destination and provide the high level of service you deserve. The question is, do you buy an online first-class ticket on a commercial airliner or charter a private flight for you and your traveling companions?
If you’re considering whether to book a private jet vs. a commercial airline, this guide will help you understand the reality of private travel.
7 Myths About Private Travel Debunked
No matter where they’re coming from, travelers who are booking a private jet for the first time often have similar reasons for feeling hesitant about the process. We understand the confusion — allow us to dispel some of the most common myths about private jets for you.
Myth 1: Scheduling a Private Flight Is Hard
There’s a strong misconception among travelers that chartering a private flight is a headache in itself. In fact, it’s one of the biggest reasons people choose first-class commercial seats over private flights.
Although the process takes a little longer than buying a ticket on a commercial flight, travelers often find that chartering a private jet is a much smoother experience. When you fly private, your charter operator’s dedicated team will help you through every step of the process, from aircraft selection to accommodating special requests for in-flight catering.
Myth 2: Commercial Aircraft Are Safer Than Private Jets
Private flights are just as safe as your average commercial airliner. Charter operators take numerous measures to ensure passenger safety in line with Federal Aviation Administration guidelines.
At Latitude 33, we’ve hand-picked the most experienced, well-trained professionals in the industry to be part of our flight crews. We’ve logged more than 75,000 hours of safe aircraft operation since our opening in 2006, and we’re an ARGUS Platinum-rated charter operator — which is the aviation industry’s highest safety rating.
Myth 3: Only the Rich and Famous Can Fly Private
One of the most common misconceptions about private travel is that only celebrities and the uber-wealthy are able to fly private. The reality is anyone can charter a private jet. In fact, business travelers make up the majority of private flyers.
Many believe that flying commercial is the only way to get to your destination quickly. Unless you need to book a last-minute flight, this myth is patently false.
You board your charter flight from a private terminal called a fixed base operator (FBO), which is usually quieter and less crowded than a commercial airport. There are no long lines or excessive security checks to pass through, so you can arrive closer to your scheduled departure.
Because private jets can fly at higher altitudes than commercial aircraft, they can avoid crowded airspace, which means you can take a more direct route to your destination. If the pilot believes there is a faster way to get there, they’ll discuss alternate routes with you before you depart so you can get there on time.
Myth 5: Private Jets Can Only Fly to a Few Places
Many people believe private aircraft are limited by the number of airports they can use. On the contrary, private jets can access far more airports than your standard commercial aircraft. Out of the more than 5,000 public airports in the United States, only about 500 serve commercial flights. Private jets can land at more than 14,000 airports.
Several of these airports have FBOs and separate VIP lounges for charter jet passengers, so you can relax in your own comfortable space as you wait to board. That’s a significant upgrade from the usual packed, chaotic commercial airport terminal.
Myth 6: Private Flights Are More Likely to Get Canceled or Delayed
You might think that private flights are more likely to experience complications due to their small size. After all, commercial flight cancellations have been on the rise since 2020 — it only makes sense that bad weather would affect charter operators, too.
Actually, poor circumstances are less likely to affect private flights. Because small private jets can fly higher than commercial aircraft, they can usually fly above storms that would delay or cancel commercial flights. Additionally, your pilot and charter operator will work with you to find alternate routes or reschedule if needed.
Myth 7: Every Private Jet Is the Same
Unlike standardized commercial aircraft, private jets come in a wide range of sizes and specifications. Most charter operators have a fleet of aircraft available to accommodate different travel requirements.
If it’s just you and a business partner, for example, you’ll likely fly in the company’s smallest jet. When you’re going on vacation with your family, you can book a larger aircraft to accommodate your group. The call is yours to make.
That also goes for charter operators. If you’re considering booking a private jet, it’s important to make sure you choose a reliable charter company. Conduct research using reliable online sources to find operators that seem trustworthy, then make sure to contact each operator for more in-depth information. The staff at each company you reach out to can answer any questions and concerns you may have, which can help you narrow down which operator to fly with.
What to Expect When Flying Private
Flying private is a very different experience from flying commercial — one that many passengers find far more comfortable and enjoyable. Here are a few points you should know before your first charter flight:
Privacy: You and your traveling companions are the only passengers on your charter jet, so you can spend your time as you please — napping, chatting with your group, getting work done, or whatever else you need to do.
Convenience: Private travel gives you the utmost flexibility in your travel schedule. Without the long lines, you can arrive at the airport as soon as 30 minutes before your scheduled departure.
Amenities: On a private flight, you have total control over the amenities at your disposal. You can make special requests for catering, entertainment, drinks, and other features and services.
Experience a Private Flight for Yourself With Latitude 33 Aviation
Are you looking for a faster, cleaner, and more convenient way to travel? Charter a private jet with us at Latitude 33. We offer safe, comfortable, and reliable private flights at excellent rates so you can enjoy a stress-free travel experience.
Latitude 33 Aviation is part of an industry-wide commitment to sustainable private aviation. The mission is to achieve net-zero carbon emissions by the year 2050 by implementing new technology and practices. Private charter companies and other aviation organizations can improve sustainability by optimizing energy sources, energy consumption, aircraft operation, and aircraft design.
Flight Deck Technology
One way private air travel agencies are increasing sustainability is by improving the technology on the aircraft. Private air charter companies are implementing flight deck systems that optimize the pilot’s ability to engage various processes and visualize their flight path.
New flight deck technology reduces the time between power-up and takeoff while helping pilots land on schedule and minimize times enroute. The ultimate result is increased fuel efficiency due to lower waste from excess fuel burn during elongated processes.
Route Optimization
Private charter companies can also improve sustainability by flying fuel-efficient routes. Innovative flight deck technology allows pilots to plan and execute paths that require the least fuel to complete. Additionally, charter operators can optimize flight schedules to ensure each departure can proceed as planned with minimal idling, repositioning, and subsequent fuel waste.
Aircraft Design
The aircraft’s design contributes to sustainability as well. At Latitude 33, we recently implemented a Bombardier customer aircraft that includes various sustainability features and design choices. The Challenger 350 has innovative cantlet wings that minimize drag alongside powerful engines that deliver immense thrust. This jet also utilizes sustainable aviation fuel (SAF) — a new type of fuel that offers numerous environmental advantages.
Aircraft Production and Management
Private charter companies are also improving sustainability by partnering with manufacturers that are designing aircraft with features such as better fuel efficiency and implementing responsible manufacturing practices. This includes building with sustainable materials and using environmentally friendly material procurement methods and manufacturing processes.
After obtaining the aircraft, charter companies can emphasize sustainability in how they manage each jet. Beyond efficient flight paths, private charter operators can perform maintenance to retain each aircraft’s efficiency throughout its lifespan. Sustainability is also a consideration at the end of an aircraft’s lifecycle. Companies are decommissioning aircraft before their efficiency drops too low, then recycling as much of the aircraft as possible.
Sustainable Aviation Fuel
The most significant advancement that drives sustainable private air travel is sustainable aviation fuel (SAF). SAF is a new type of fuel procured from renewable waste and agricultural residue. Common SAF feedstocks include algae, corn grain, oil seeds, manure, and various fats and greases. Research shows that SAF can facilitate a 90% decrease in greenhouse gas production.
SAF has a similar composition to Jet-A1 fuel, meaning it can power any existing jet and blend into economical fuel mixtures as businesses move toward carbon-neutral operations. As one of the most potent and versatile efficiency tools available to private air travel businesses, SAF will shape the future of aviation sustainability.
Choose Sustainable Private Air Travel
At Latitude 33 Aviation, we’ve made significant progress toward sustainable air travel through the use of efficient planes and eco-friendly fuel. We encourage you to contact us online for more information about our pursuit of sustainability or to book a flight.
Cleaning your private jet is an essential maintenance task, especially if your jet is on a charter. You need to provide your passengers with top-tier service, and your interior needs to be immaculate to do so.
Washing an aircraft is a delicate process, so it’s important to take extra care at every step if you plan to do it yourself. We’ve compiled this list of our best private jet cleaning tips to help you save valuable time and money.
4 Tips for Detailing the Inside of Your Private Jet
Having a clean interior is critical for providing an excellent client experience. Passengers may not notice exterior flaws, but they’re likely to notice stains on the seats or smudges on the windows.
While you should do a standard cleaning before every flight, you will also need to conduct a more thorough cleaning every few months. Use these private jet detailing tips to streamline the process.
1. Consult Your Maintenance Manual
If anyone knows how best to clean your aircraft, it’s the original equipment manufacturer (OEM). Before you begin interior cleaning for your aircraft, check your maintenance manual for recommendations on which cleaning products and methods to use. The maintenance manual can also provide recommendations for how often you should clean specific components.
2. Use the Right Cleaning Products
Aviation-approved cleaning and disinfectant products are essential for cleaning your private jet. Using the right cleaning supplies helps protect everyone on board by eliminating viruses and other harmful germs. It also keeps your interior safe from fires, as many interior components can be flammable.
The wrong products could corrode sensitive aircraft components and damage the jet’s overall structure, which can have disastrous consequences.
3. Clean and Sanitize High Touchpoints
The typical airliner can have as many as 700 high-touch surfaces. This is one of the biggest advantages of private jets — in contrast, the typical private aircraft might only have a few dozen high-touch surfaces. These touchpoints can include:
Armrests
Handrails
Air vents
Restroom Lavatory
Seatbelts
Window shades
Windows
Using an antimicrobial disinfectant will kill bacteria and remove viruses, protecting your passengers and crew. Electrostatic spraying is a fast, EPA-approved cleaning technology that disinfects aircraft surfaces and provides lasting protection against bacteria, mold, and viruses. In addition to thoroughly disinfecting surfaces, make sure you also wipe away all smudges and fingerprints as well.
4. Deep Clean Floors
Your jet’s carpet is one of the first things passengers will notice, so it’s important to make sure you remove all spots and stains. Here are some tips for deep cleaning your floors:
Vacuum floors: Before you vacuum, remove anything that could get in the way. This includes seats, carpeting, and any loose items. While vacuuming, pay special attention to hard-to-reach spots to make sure you get a thorough clean.
Pile lift floors: A weekly pile lifting routine can remove dry dirt that commercial vacuums can’t reach, which can help you cut time when deep cleaning your jet’s floors.
Shampoo carpets: Before you begin, conduct a quick spot test to make sure your product is suitable for use with your carpet. Then, use the method of your choice to apply shampoo to the carpet and rinse. Make sure to do this every six months for the best results.
Remove stains: Many common stains can be removed without using harsh chemicals. For more difficult stains, using special cleaning solutions or running the carpet through commercial machines will be more effective.
5 Tips for Cleaning Your Aircraft’s Exterior
Your aircraft’s exterior experiences significant stress while in the air, so cleaning it regularly is essential for preventing damage and maintaining its appearance. Here are some of the best tips for cleaning the exterior of your private jet.
1. Coordinate Cleaning and Maintenance Schedules
Scheduling an aircraft cleaning can result in an extended period of downtime. If your aircraft is on a charter, make sure the maintenance and service team coordinates with the charter time to ensure work completion.
The first step to a sparkling aircraft is a thorough dry wash. You can use water, but you’ll need to be especially careful around openings like windows and fuel caps. If water gets inside, it can cause serious damage.
Instead, gently wipe dust and debris from the exterior using a non-abrasive rag or cloth. Then, spray a new cloth with a gentle water-based cleaning solution and run it along the exterior to remove caked-on dirt, insects, and soot. This process may take anywhere from 45 minutes to over an hour, depending on the size of your aircraft.
Try to do this step at least three times per year for the best results.
3. Clean the Windows
Your windows are one of the most sensitive parts of your aircraft’s exterior, so take care when cleaning them. First, wipe away insects and other solid debris with a cloth and some water. Then follow this step with an aircraft-specific window polish.
Apply a spray polish that is intended for the type of windows you have. For example, acrylic windows and windshields are incredibly vulnerable to damage, so you should use a polish approved for use with acrylic windows. Using a glass window polish could cause unsightly scratches.
4. Apply Wax and Sealant
Once the surface of your aircraft is clear, it’s time to apply wax and paint sealant. Follow your manufacturer’s guidance on which products to use and how to apply them. While you should avoid using silicone-based waxes on new paint, it enhances older paint by adding shine and increasing water resistance. Additionally, a high-quality polymer sealant will provide a long-lasting barrier against caked-on dirt and debris.
5. Clean the Brightwork
Polishing your brightwork is a key part of cleaning your aircraft’s exterior because it helps prevent degradation and pitting. However, it’s important to be gentle — overly aggressive cleaning can cause scratches, which increase your risk of oxidation and corrosion.
Use an aircraft-approved metal polish and a microfiber cloth to remove imperfections, and aim to clean your brightwork at least once every six months. A regular brightwork polishing routine can help prevent deep scratches and pitting. It can also help you more closely monitor the condition of your chrome parts so you’ll know if you need to replace or repair them soon.
Trust Latitude 33 to Manage Aircraft Detailing
Thoroughly detailing your aircraft is a time-consuming and strenuous process, which is why you should consider taking advantage of Aircraft Management Services from Latitude 33 Aviation.
Our turnkey Aircraft Management Services include all the services you could need, including discounts on scheduled maintenance services. We leverage our relationships with maintenance providers and parts suppliers to provide excellent detailing services at a fraction of the cost. Plus, if you plan to charter your jet, we’ll help you maximize revenue generation and reduce your ownership costs.
The aviation industry has committed to achieving net-zero carbon emissions by 2050. Developing cost-efficient green aviation fuel will be critical for reaching this goal, which is why investing in the development of sustainable aviation fuels is so important.
According to the Air Transport Action Group (ATAG), sustainable fuels could cover approximately 2% of aviation fuel demand by 2025 with sufficient investment. Understanding what SAF is and the benefits it can bring is essential for maintaining a competitive edge and improving airline sustainability moving forward.
What Is Sustainable Aviation Fuel (SAF)?
Sustainable Aviation Fuel (SAF), also known as aviation biofuel, is a sustainable alternative to traditional jet fuels. It is a blended product that combines fossil fuel with sustainable fuels made from plant-based or waste products.
SAF has a chemical composition that is almost identical to conventional jet fuels, so it meets the industry’s strict standards for quality. For example, you can use SAF in aircraft that require Jet A or Jet A-1 fuel without needing to make extensive modifications to your engine system.
Airlines have been using SAF since 2008 when the first technical test flight took off in New Zealand. It became commercially available in 2011 and has slowly gained popularity ever since.
Optimizing production is vital for making aviation biofuels more available to airlines. The U.S. federal government has set a goal to scale up SAF production to 35 billion gallons annually by 2050 in an ambitious inter-agency project called the Sustainable Aviation Fuels Grand Challenge. The goal is to meet 100% of aviation fuel demand with SAF by 2050.
What Is Sustainable Aviation Fuel Made Of?
SAF is a blended product that contains a combination of renewable biomass-derived fuel and fossil fuel. According to the Environmental Protection Agency (EPA), U.S.-based harvesters can sustainably collect as much as one billion tons of feedstock annually — enough to produce 50 to 60 billion gallons of biofuel.
Because 100% SAF is still not suitable for safe commercial use, ASTM 7566 defines acceptable requirements for SAF blends. The typical SAF blend ratio is 30% renewable to 70% fossil fuel, but some blends can contain as much as 50% of each.
Three types of sustainable aviation fuels are in development today:
FOGs: Most of today’s biofuels come from fats, oils and greases (FOGs), such as tallow, vegetable oils or waste greases. Typically, FOG-based SAFs are produced through the hydrotreated esters and fatty acids (HEFA) process, which is the most mature SAF refining process in use today. However, this type of SAF production is difficult to scale to industrial levels.
Biomass and MSW: Second-generation SAFs are made by refining carbon-based biomass and municipal solid waste (MSW) such as algae, animal waste and agricultural and forestry residues. While it can reduce emissions by 85% to 95% over its lifecycle, this type of SAF is significantly less energy-dense than fossil fuel.
Power-to-liquid (PtL): This new technology uses electrolysis to convert renewable electricity into fuel. While it has the potential to reduce emissions by up to 99%, it requires enormous quantities of electricity — as PtL use and production increases, it’s likely to become more cost-efficient.
How Is SAF More Sustainable?
While SAF is still fairly new, it has enormous potential for creating radical change in the aviation industry. From generating new economic opportunities to dramatically reducing
When compared to conventional jet fuel, SAF is the more sustainable option for two reasons — the fuel’s clean-burning properties and its environmentally friendly production processes.
Sustainable Aviation Fuel Performance
According to ATAG, using SAF can reduce how much carbon dioxide is emitted by up to 80% across its lifecycle. This reduction is due to the fact that SAF burns cleaner than fossil fuels — because SAFs contain fewer aromatic components than conventional jet fuel, they release fewer emissions.
Scientists and aviation fuel producers have also begun researching negative emissions biofuels, which offset emissions by absorbing more carbon than they release. This development could significantly accelerate the process of achieving industry sustainability goals.
Fuel Production
Because it uses renewable feedstocks, aviation biofuel production is significantly more sustainable than fossil fuel production.
Conventional fuel production removes non-renewable carbon from the earth by drilling, surface mining or fracking. These extraction techniques can generate significant air and water pollution, which can negatively impact nearby communities by contributing to health conditions like asthma and cancer.
Further, transporting and processing fossil fuels releases massive quantities of greenhouse gas (GHG) emissions, which contributes to climate change.
In contrast, SAF production absorbs carbon from the air. It also uses renewable feedstocks, which means it does not deplete natural resources like fossil fuels, which are non-renewable. As a result, producing SAF has no impact on climate change.
The Benefits of Sustainable Aviation Fuel
The benefits of using SAF go beyond simply reducing emissions. Some of the top advantages of this technology include:
Environmental benefits: According to the Waypoint 2050 analysis, SAF will be a major contributor to reducing emissions — estimates say it will make up between 53% and 71% of the reductions needed to reach net-zero by 2050.
Engine compatibility: SAF is chemically similar to traditional jet fuels, making it compatible with any jet engine system that uses Jet-A or Jet A-1 fuels. You can easily switch to SAF without needing to make costly modifications to your aircraft.
Diversified feedstocks: Fossil fuel production relies on one non-renewable source, so when it runs out, there is no way to produce more. SAF uses a diverse range of feedstocks, enabling producers to switch feedstocks whenever necessary.
Competitive advantage: Using SAF shows your stakeholders your commitment to sustainable business practices, which can improve your overall reputation and provide customers with a more environmentally friendly option. Additionally, since many airlines are moving to SAF, you can remain competitive in the industry.
Economic stimulation: Because fuel production infrastructure is often installed close to feedback sources, increasing SAF production can generate new economic opportunities worldwide. ATAG estimates that shifting to SAF could create as many as 14 million jobs globally.
Expanded supply: Only 22 countries produce 90% of the world’s fossil fuel supply. Switching to SAFs could expand the industry to almost every country on Earth.
Partner With Latitude 33 Aviation for Fuel Discounts
At Latitude 33 Aviation, we’re committed to providing our clients with superior and sustainable service. When you choose us as your aircraft management service partner, we can purchase fuel for you at up to a 50 percent discount, helping you reduce your ownership costs so you can invest in more sustainable alternatives.
We also offer other administrative services, including world-class crew training, accounting services and revenue generation opportunities.
Learn more about our service offerings by filling out our online contact form. A representative will be in touch shortly to answer any questions you may have.
For many, traveling with pets might seem challenging. Many pet owners submit to driving with their pets, restricting where they can go. Private jets can open new travel opportunities to pet owners who want a safe and comfortable option for their pets.
Can I Take My Dog on a Private Jet?
Each charter company has different regulations and stances, but most private jets allow you to bring pets on board. While passengers often bring their dogs, many charter companies have expanded their options to allow other pets, like cats, hamsters, and even birds. Further, private jets often have the room and flexibility to bring multiple pets.
Since different charter companies have different policies, contact the company to check if they allow flying with pets. Latitude 33 Aviation welcomes pets on flights following owner approval, and as long as they’re up-to-date on their vaccinations and have the appropriate documentation. You will need to notify our charter team in advance that you are flying with a pet so that they can match you with the correct aircraft.
4 Reasons to Choose a Pet-Friendly Charter Flight
While you can bring pets on commercial flights, it often involves putting them in the cargo hold with the luggage or sedating them with medication. Pet owners can instead look to private jets for an alternative way to travel with their pets.
1. Less Traumatic and More Peace of Mind
Commercial air travel can be traumatic and stressful for pets and their owners. Pets, especially larger ones, have to travel in the cargo hold. It can be very loud down there with drastic temperature changes and moving objects. Owners are then left in the unknown about their pet’s condition until they can retrieve them at landing. If airlines allow pets to stay with owners, they might have to remain under the seat or in their carriers for the entire flight.
Leaving pets behind can also be traumatic. Sitters, kennels, or daycares can leave pets stressed as they navigate unfamiliar environments or interact with unknown individuals. The presence of other animals might cause them to get defensive and aggressive, increasing their stress further.
Instead, private jets allow owners to stay with their pets at all times. You can constantly monitor your pet’s condition and take adequate measures to calm them.
2. Safer for the Animal
Airports might mishandle animal carriers, leaving animals at exposed risk of injuries. Stressful environments can lead to potential health issues. On private jets, you can care for your pet and ensure they stay safe throughout your travels.
3. More Comfortable
While aircraft cargo holds can get cold, the cabins are temperature-controlled and comfortable. The increased flexibility and space that comes with private jets can allow even larger pets like dogs to move around and stretch their legs on certain flights. Many pet owners bring blankets when flying on private jets so their pets have somewhere comfortable to sit and relax.
4. More Travel Options
Private travel offers more flexibility than commercial airlines. When flying commercially, you must adhere to their requirements, schedules, and availability. Chartering a jet allows you to choose your destination, time, and date so you can travel in a way that best benefits your pet and their schedule.
How to Prepare for a Private Flight With Your Pet
Traveling with pets requires more preparation than traveling alone. Before your trip, ensure you have everything ready to give your pet a smooth transition and travel experience.
1. Go to the Vet for Paperwork and Medications
Most airlines and state governments require pet owners to carry the proper documents and paperwork before flying with pets, even when chartering a private jet. To fly with your pet, you must obtain a certification of vet inspection from your vet. This certification will verify to airports and flight crews that your pet is current on all their vaccines and shows no signs of other diseases.
Usually, you have to obtain this certification within 10 days of your travel date. The vet issuing the certification must be federally accredited. Each state and country have additional requirements about flying and traveling with pets to reduce the spread of diseases, so you should check what your destination has set before traveling.
While at the vet, you can also refill any necessary prescriptions and medications for your pet’s health. Vets can also provide insight into good care and products to use while flying for a better experience while traveling on a jet with your pet.
2. Keep Necessary Documents Safe and Accessible
While private flying allows you to stay with your pet, you should carry identification documents with you at all times. You should include records with your pet’s current picture and contact information. You can also have another emergency contact. Store this information somewhere you can access it easily, along with your vet and medical documents.
If your pet has a microchip, update it with your address and contact information. If your pet gets separated from you anytime during travel, this information can help you reunite with them.
3. Limit Food and Water Before Flights
Private jets might allow more movement and freedom than commercial flights, but they will still be more confining than your pet’s usual environment. They will have fewer opportunities to release energy or relieve themselves. Before your flight, avoid giving too much water and food.
Especially if your pet gets nervous during your travels, too much food can make them feel nauseous. Private flights will allow you to bring food and offer water to your pet while flying, so your pet will still get the nutrients they need.
You can invest in a travel pad to allow your pet to relieve themselves while flying, which can benefit pets traveling long distances.
4. Exercise Your Pet Before Boarding
Because of the limited room and movement, you should exercise your pet as much as possible before boarding. You might walk them through terminals or around the landing strip if possible. Letting your pet roam around before putting them in their crate can release energy and better prepare them for extended periods in one place. Especially if you have a large dog on a private jet, there may not be much space where they can walk on their regular schedule.
5. Bring Comfort and Entertainment Items
While pet charter flights are often more comfortable for animals than commercial flights, unexpected turbulence and an unfamiliar environment can cause some stress to pets. Pet owners can prepare for potential stress by bringing comfort items, like a blanket or toy they love. Additionally, hyperactive animals can benefit from entertainment through toys, giving them a safe way to release their energy.
Fly With Your Furry Friend With Latitude 33 Aviation
With Latitude 33 Aviation, passengers can bring their pets aboard chartered private jets. Your pets can stay with you in the cabin, where you can care for them and ensure their safety throughout your travels.
Request a quote today and discover a new way to travel with your pet through Latitude 33 Aviation.
Aircraft are long-life, high-cost assets that can be a major investment for an individual or business owner. A key part of aircraft ownership is understanding depreciation, which affects the value of the aircraft over time. Calculating your aircraft depreciation can be essential in determining your personal net worth or your business’s finances.
What Is Depreciation?
The accounting method known as depreciation is utilized to allocate a tangible asset’s cost over the course of the asset’s useful life. Depreciation is a way to account for the gradual wear and tear, obsolescence, and loss of value of an asset over time. Depreciation can be calculated in a number of ways, but one of the most common methods is straight-line depreciation. This method involves dividing the cost of an asset by the expected useful life to determine the annual depreciation expense.
For instance, if a company purchases a machine for $10,000 with an expected useful life of five years, you would divide $10,000 by five years. The end result would thus be $2,000 for the annual depreciation expense. This expense is recognized on the company’s income statement each year until the end of the asset’s useful life. Depreciation is important because it helps a company accurately reflect the value of its assets on balance sheets and properly calculate its net income on income statements.
Why Is Depreciation Used?
Depreciation is used for several reasons:
To calculate taxable income: One use for depreciation is for tax purposes. Companies and individuals may be allowed to deduct the cost of an asset over its useful life for tax purposes, which reduces their taxable income and lowers their tax bill.
To comply with accounting rules: Generally Accepted Accounting Principles (GAAP) and International Financial Reporting Standards (IFRS) require companies to use depreciation to account for the wear and tear and obsolescence of assets over time.
To match expenses with revenues: Depreciation allows a company to allocate the cost of an asset over its useful life. This helps to match the expenses of using the asset with the revenues generated by its use. For example, if a company purchases a machine to manufacture a product that it expects to sell over a five-year period, it would be inaccurate to expense the entire cost of the machine in the year of purchase. Instead, the cost is allocated over the five-year period using depreciation.
To provide a more accurate financial picture: Depreciation helps to provide a more accurate financial picture of a company by reflecting the decrease in value of the assets over time. This is important for investors, creditors, and other stakeholders who want to understand the company’s financial position and performance.
Aircraft depreciation is a specific type of depreciation used to allocate the cost of an aircraft over its useful life. Depreciation is an important expense for airlines and owners of private aircraft that own or lease aircraft because it reflects the decrease in value of the aircraft over time due to wear and tear, obsolescence, and changes in market demand.
Several factors can impact the useful life of an aircraft and the rate at which it depreciates, including:
Market demand: Changes in market demand for certain types of aircraft or routes can impact the value of an aircraft and its depreciation expense. For example, an aircraft that is in high demand for long-haul international routes may have a longer useful life and lower depreciation expense than an aircraft that is primarily used for short-haul domestic routes.
Age and condition: As an aircraft gets older and accumulates more hours of use, it is more likely to require maintenance, repairs, and upgrades. This can decrease its value and increase its depreciation expense.
Technology advancements: Advancements in aviation technology can quickly make older aircraft obsolete, reducing their value and increasing their depreciation expense.
Aircraft depreciation is typically calculated using a straight-line depreciation method, which allocates the cost of the aircraft evenly over its useful life. The useful life of an aircraft can vary depending on a number of factors, including the type of aircraft, its condition, and the market demand for it.
What Is the Purpose of Aircraft Depreciation in Accounting?
The purpose of aircraft depreciation in accounting is to allocate the cost of an aircraft over its useful life, reflecting the decrease in value of the aircraft due to wear and tear, obsolescence, and changes in market demand.
Aircraft depreciation is an important accounting concept for several reasons. Depreciation is used in accounting to:
Calculate taxable income.
Comply with accounting rules.
Match expenses with revenues.
Provide a more accurate financial picture.
Allocate the cost of an aircraft over its useful life.
How Does Aircraft Depreciation Work?
Aircraft depreciation works by allocating the cost of an aircraft over its useful life. Aircraft depreciation is typically calculated using a straight-line depreciation method. As noted above, this method divides the cost of the aircraft by its useful life to determine the annual depreciation expense. For example, if an airline purchases an aircraft for $100 million with a useful life of 20 years, the annual depreciation expense would be $5 million — $100 million divided by 20 years.
The annual depreciation expense is recorded on the company’s income statement each year until the end of the aircraft’s useful life. The accumulated depreciation is recorded as a contra-asset account on the company’s balance sheet, which reduces the value of the asset over time. There are also several factors that can impact the rate at which an aircraft depreciates, including its age, condition, and technological advancements. These factors can impact the useful life of the aircraft and its depreciation expense.
What Is Aircraft Bonus Depreciation?
Aircraft bonus depreciation is a tax incentive that may allow you to accelerate the depreciation of your aircraft for tax purposes. Bonus depreciation may allow you to deduct a percentage of the cost of the aircraft in the year it is purchased, rather than spreading the cost over its useful life through regular depreciation.
To qualify for aircraft bonus depreciation, the aircraft must be used for business purposes at least 50% of the time. The bonus depreciation rules apply to both owned and leased aircraft, as long as the lease term is at least five years and the company is the “tax owner” of the aircraft.
Will Aircraft Bonus Depreciation Remain in 2023?
The U.S. tax laws allow for 100% bonus depreciation for qualified property placed in service before January 1, 2023, which includes new and used aircraft. However, tax laws can change frequently, and it is always possible for new legislation to be introduced that could modify or extend the current bonus depreciation rules.
Therefore, it is difficult to predict with certainty whether aircraft bonus depreciation will remain in effect in 2023 or beyond. It is possible that new legislation could be introduced that modifies or extends the current bonus depreciation rules or replaces them with a different tax incentive. It is best to consult with a tax professional for the latest information on bonus depreciation and its potential impact on your aircraft purchase or lease.
Aircraft Depreciation Rates
The bonus depreciation rates for aircraft can vary depending on the specific tax laws and regulations in a given region. Under current U.S. tax law, companies that purchase new or used aircraft can deduct 100% of the cost of the aircraft in the year it is placed in service. This applies to aircraft purchased between September 27, 2017, and January 1, 2023. After January 1, 2023, the bonus depreciation percentage is set to decrease by 20%.
Aircraft bonus depreciation rules can be subject to change and may vary based on specific circumstances, such as the type of aircraft, its intended use, and the applicable tax laws and regulations. The depreciation rates for aircraft can vary depending on several factors, including the type of aircraft, its condition, and the market demand for it. However, in general, aircraft depreciation rates can range from 5% to 20% per year.
Actual depreciation rates can vary depending on several factors. Additionally, bonus depreciation rules can also impact the depreciation rates for aircraft.
Aircraft Depreciation Rules
Aircraft depreciation rules are guidelines set by the tax authorities that determine how much an aircraft’s value can be deducted from a company’s taxable income over time. The Internal Revenue Service (IRS) has established rules for aircraft depreciation, which vary depending on the type of aircraft and its use.
For commercial aircraft used in the business of transporting passengers or cargo, the depreciation period is generally 7 years, but can be as long as 12 years if certain conditions are met. For non-commercial aircraft, such as those used for personal or pleasure use, the depreciation period is generally 5 years.
The depreciation rate is calculated using a formula that takes into account the aircraft’s cost, estimated salvage value, and useful life. The depreciation amount is then deducted from the company’s taxable income each year until the end of the depreciation period.
What Factors Affect Aircraft Depreciation Rates?
Aircraft depreciation rates can be affected by several factors, including:
Type of aircraft: Different types of aircraft can have different depreciation rates depending on factors such as their useful life, market demand, and maintenance costs.
Intended use of the aircraft: Aircraft that are used frequently or for commercial purposes may have higher depreciation rates than aircraft that are used only occasionally or for personal use.
Maintenance and repair costs: The cost of maintaining and repairing an aircraft can impact its depreciation rate, as higher maintenance costs may lower the value of the aircraft over time.
Market demand for the aircraft: If there is high demand for a particular type of aircraft, its depreciation rate may be lower than if there is low demand.
Age and condition of the aircraft: Generally, older aircraft and aircraft that are in poor condition will have higher depreciation rates than newer aircraft or aircraft in good condition.
Government regulations and incentives: Government regulations and incentives, such as bonus depreciation rules or tax credits, can impact aircraft depreciation rates.
Consider all of these factors when determining the depreciation rate for a particular aircraft.
How to Calculate Aircraft Depreciation
Aircraft depreciation can be calculated using various methods, including the straight-line method and the accelerated depreciation method. The following are some general steps to calculate aircraft depreciation using the straight-line method:
Determine the aircraft’s cost: First, determine your aircraft’s cost. This includes the purchase price of the aircraft, as well as any additional costs associated with acquiring or modifying the aircraft, such as financing fees, delivery charges, or installation costs.
Estimate the aircraft’s useful life: Next, determine the aircraft’s estimated useful life. This is the estimated period of time over which the aircraft will be used and will provide value to the business or individual. The useful life can be determined based on factors like the type of aircraft, the expected hours of use, and the expected maintenance and repair costs.
Determine the salvage value: The aircraft’s salvage value is the estimated value of the aircraft at the end of its useful life. The salvage value can be determined based on several factors, such as the age and condition of the aircraft, as well as the market demand for that particular type of aircraft.
Calculate the depreciation expense: Finally, calculate the depreciation expense of the aircraft. The annual depreciation expense can be calculated by subtracting the salvage value from the aircraft’s cost and then dividing the result by the useful life of the aircraft. This provides the amount of depreciation expense to be recognized each year.
For example, if an aircraft costs $10 million, has a useful life of 20 years, and is expected to have a salvage value of $2 million at the end of its useful life, the annual depreciation expense using the straight-line method would be $400,000 per year — $10 million – $2 million / 20 years = $400,000.
Different methods of depreciation can result in different amounts of depreciation expense, and businesses or individual aircraft owners should consult with their accountants or tax professionals to determine the most appropriate method of depreciation for their particular situation.
Purchase Private Aircraft From Latitude 33 Aviation
Latitude 33 Aviation is an executive jet management, private jet charter, and aircraft sales and acquisitions company based in California. Along with offering premium aircraft, we provide ultra-tailored service with one of the largest and newest fleets of private aircraft in the country.
While the purchase or sale of an aircraft can seem complex, our experts will make the sales and acquisition experience efficient and enjoyable. We know what details matter to you, and take into account the operator’s perspective in all transactions. We achieve better financial results because of our unsurpassed experience, in-depth oversight, superior valuations, and knowledge of the marketplace.
Chartering a private flight is a convenient, comfortable, and flexible way to fly. It can help you save precious time, letting you spend more time at your destination after reaching it in comfort.
Various strategies can help you find incredible rates on private flights, which is especially advantageous if you are a frequent flyer. Continue reading to learn how you can find the best private jet charter rates.
7 Ways to Find an Affordable Private Jet Charter
Affordable air charters make private flying accessible to more individuals. The cheapest way to fly private depends on your preferences and flexibility. You can find affordable charter flights if you are willing to travel in a group, seek different flight options and keep your schedule open.
1. Travel in a Group
Traveling in a group lets you split costs with others. Booking a charter flight on your own typically requires paying for every seat on the flight yourself, but scheduling a flight with other individuals lets you share the cost and pay only for your seat. Whether you take friends, family, or co-workers, flying in a group could be one way to affordably access a private jet charter.
2. Choose a Smaller Aircraft
Smaller aircraft typically offer lower rates than other aircraft. Smaller planes use less fuel and have smaller crews, reducing flying costs. A smaller aircraft may lack a few of the luxuries of larger jets, but they offer comfortable flights at exceptional rates.
3. Join a Membership Service
Joining a membership can help you save money if you fly frequently. However, traditional charters often offer better rates than the hourly flight rates memberships offer. Avoid signing up for a membership and tethering yourself to one provider if you can find better rates with a traditional jet charter company.
4. Seek Empty Leg Flights
An excellent way to save money on a private jet charter is to seek empty leg flights. An empty leg flight occurs when passengers charter a one-way flight to a specific location and the aircraft lacks return passengers. If no passengers book a flight back to the home base after the aircraft lands, it’s considered an empty leg flight.
An empty leg flight can also happen when a charter jet flies empty to pick up passengers away from the aircraft’s home base or when it flies to a different location to be serviced.
Aviation brokers may offer discounted flights to fill empty aircraft seats. It’s sometimes more affordable for an aviation broker to fly back to their home base than to wait for passengers to book flights in a specific location, but offering discounted flights lets them gain passengers without waiting.
An empty leg flight is sometimes referred to as a repositioning leg, ferry flight, dead-head, empty flight, or a one-way flight. They are typically available on short notice, so you may need to check for them often to book a charter. Booking an empty leg flight is an exceptional option if you don’t have a specific destination in mind, but it’s essential to remember that you will still need to book a separate flight home since an empty leg flight is a one-way charter.
5. Check Different Airports
Checking different airports can help you save money on chartered flights. Private aircraft often fly to alternate airports that are inaccessible to commercial jets. Flying out of alternate airports can save you time and money, and it lets you avoid the long lines of commercial airports. Certain departure locations may offer lower rates than other locations.
6. Book in Advance
Charter companies often strive to secure as many flights in advance as possible, which can save passengers money. Many companies offer better rates for advance bookings, so looking for flights ahead of your planned travel time is an excellent strategy to obtain a flight for the best price. You can save money by booking in advance as long as you seek flights outside of peak times and holidays.
7. Keep Your Schedule Open
Flexibility is another excellent way to save money on private jet charters. Many people pay high prices for the convenience of flying at specific times, but having an open schedule increases the likelihood of finding better rates on charter flights. You are more likely to find a great deal if you are willing to fly at any time and on any day than if you need to leave at a specific time.
It’s essential to avoid booking flights during holidays and peak times if you want to save money. Rates usually increase during these times due to high demand. You can also take advantage of fixed routing programs. Some companies offer flat rates for passengers who frequently fly the same route.
Is a Private Flight Worth the Money?
The cost to charter a private flight varies, ultimately depending on the aircraft’s size and type, how long you need to charter it for, your departure and arrival destinations, and what kind of amenities the jet offers.
A private flight is costlier than flying commercial, but many find it well worth the investment. Private flights offer incredible benefits such as convenience, flexibility, privacy, and comfort. You can typically enjoy a non-stop flight, avoid long commercial airport lines, and save valuable time, which is especially beneficial if you are a frequent flyer because it can save you hours. Private flights offer a scheduled alternative to the often unpredictable nature of commercial flights. The in-flight experience is also more enjoyable, with ample space, a quiet environment, and comfortable seating.
Private flights are an ideal option for business flights because they help individuals increase efficiency. You can work without distractions and manage meetings in a quiet space. Private charter flights are also equally safe to traditional flights, and air charter operations require extensive aircraft maintenance procedures, operational safety rules, and FAA pilot certification.
Request a Quote for Luxury Charter Flights
Flying private is an exceptional way to enjoy comfort, convenience, and peace in the air. On a private charter flight, you can complete work efficiently in a quiet space, rest in a comfortable seat with plenty of leg room, and reach your destination fast. When you fly privately, you can avoid airport lines and hassles and save precious time.
Your time is valuable, so you should be able to spend it on important matters. You can find competitive rates on private charter flights by booking in advance, keeping your schedule open, remaining flexible, flying in a group, and checking for empty leg flights.
Fly private with Latitude 33 Aviation. Latitude 33 offers luxurious private charter flights at incredible rates, helping you get a more comfortable, stress-free experience as you reach your destination. Contact Latitude 33 Aviation to request a quote for luxury charter flights.
