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It’s a Hot Summer for Private Aircraft Sales

There are many reasons why you or your company may be considering aircraft ownership if you are flying more than you anticipated this year. Summer travel continues to be a hot topic with all the uncertainty as the world opens back up. Major airlines continue to change schedules and drop routes. Commercial flights are fully booked with hundreds of passengers and thousands of touch-points you come in contact with during your entire flight process. Private jet charter welcomed many first-time flyers during 2020. Brokers, operators, and jet cards are introducing more blackout days, fully booked schedules on peak charter days, and higher fees. Increased booking windows and less availability of select aircraft are making an impact on the type of plane and experience you have come to expect. As the demand for travel significantly increased, so have private aircraft sales.

As a private jet owner, you are in control of the schedule, destination, and passengers on board – all without the wasted time waiting in long queues or navigating through crowded major airports.

Your aircraft is available whenever you want it, on your schedule.

BENEFITS OF OWNERSHIP

Tax Benefits

Potential for significant tax savings, including up to 100% bonus depreciation.

Privacy/Safety/Accessibility

Enjoy minimal touch-points, travel with only the passengers you choose, and have control over your aircraft’s schedule and availability.

Cost of Ownership

Managing your asset and planning for the future.

Tax Benefits

 

If your plan is to use your jet primarily for business, there are some potential tax benefits that can help offset the costs of the initial investment. On average, these deductions go above and beyond to help justify the sizable upfront purchase price.

Previously, businesses were able to recover up to 70% of a factory-new jet’s initial cost within three years time, based upon a disparity between the asset’s real-life rate of depreciation and accounting. In addition, a “bonus depreciation” was possible to speed up defined depreciation rates upwards of 50%. However, tax reform passed in late 2017 allows the potential for 100% bonus depreciation for the aircraft in the first year and applies to both new and used aircraft – a key benefit to those who can take advantage of the change. This means that after a business purchases a private jet, it can potentially depreciate the full purchase price of the aircraft immediately. Keep in mind, these potential tax deductions don’t apply to recreational/personal use of the aircraft. It is uncertain how long these tax incentives will remain in place, so many would-be aircraft buyers are choosing to take advantage of these current benefits before they go away.*

Privacy/Safety/Accessibility

Privacy

With the purchase of your own private jet, you can ensure a level of confidentiality and security above all other forms of personal or business travel. Whether it’s required due to your industry or a personal preference, owning your own aircraft places you in control of your personal and private travel requirements. Normally common among high-profile business professionals and celebrities, private jet travel is now becoming more widespread as privacy and personal information concerns are on the rise.

Safety

Private jet travel is extremely safe, but not all companies invest in the same level of standards. You want to work with a company like Latitude 33 Aviation who is among the top five percent of U.S. private jet charter operators to achieve the stringent ARGUS Platinum safety rating. However, safety concerns expand beyond the aircraft. You may have allergies or want to ensure a completely risk-free environment. You may experience sensitivities to perfumes or strong odors or have a compromised immune system. Perhaps you are concerned about your pet’s safety during flights or wary of not having the freedom to bring them along with you when traveling. Private jet ownership offers you the safety and convenience of controlling your surroundings by traveling consistently on your aircraft which is important for those with health concerns.

Accessibility

Accessibility is a huge deciding factor and an added plus for private aircraft owners. Are you having a difficult time securing an aircraft for your private charter flights? Are your charter rates or jet card rates continuing to climb? Are holiday and peak travel period surcharges exceeding your planned budget? Then ownership of a private aircraft is a perfect solution to remove limitations of accessibility for your personal or business life. Whatever your reason, owning a private aircraft will always supply the greatest opportunity for privacy, comfort, and flexibility. These preferences are major factors influencing the decision for many clients to move from chartering to private jet ownership.

Cost of Ownership

 

Attempting to become a jet expert overnight and purchasing an aircraft unassisted alone can be risky. Latitude 33 Aviation will help you select the perfect aircraft for your specific needs and introduce you to the latest aircraft models by industry-leading manufacturers. Whether you are looking for an all-new private jet or pre-owned aircraft for sale, our aviation company based out of Southern California walks you through the selection process to maximize your investment and minimize your risk. In some cases, the cost of ownership could possibly cost less than chartering or being a jet card member depending on your amount of travel.

When purchasing an aircraft, there are five primary categories of planes to choose from. The category is determined by factors like maximum range and passenger-carrying capacity:

Determining which aircraft category is right for you depends on various factors of your travel requirements. Are you traveling for business or pleasure? How many passengers do you normally travel with? How far away are your frequently traveled destinations?

 For example, if you fly shorter local trips between 100-600 miles, a turboprop is a good choice. However, if you travel with a larger party of 11 or more passengers and want to cover longer distances nonstop, then a heavy jet is best-suited for that mission.

If you are thinking about buying a jet to charter out or for personal use, it’s best to include the following in your thought process: average trip length, typical and maximum number of passengers that will be flying, potential savings from chartering, factory-new or pre-owned aircraft, desired acquisition budget, etc.

Finding a private jet to purchase can be a daunting task to pursue alone. It will most likely have you wondering if you’re vetting out all the best aircraft on market or getting a good deal as there are few aircraft valuation tools that are easily accessible. Latitude 33 Aviation makes the entire aircraft purchase process seamless and enjoyable for a buyer. Our dedicated in-house aircraft market intelligence team will build a custom aircraft market report with curated jet options aligned to your specific needs and preferences. Our data is based on a proven mix of real-time market updates, industry trends, market reports, realistic cost of ownership, aircraft history, and comprehensive investigative research. This allows you to make an informed and confident decision on the purchase of a factory direct acquisition or a pre-owned private jet. Information in these reports include the aircraft’s manufacture year, serial number and registration, aircraft location, total number of airframe hours, days on market, condition of paint and interior, pricing expectations, and more. Our experts are upfront about the condition of each aircraft for sale, as we closely analyze maintenance history and inspection reports for a sound purchase. We will also assist with negotiations, inspections, FAA documentation, closing, and delivery of your new aircraft. 

After purchasing an aircraft, there are ongoing costs for managing your private jet. These costs include but are not limited to hangar fees, fuel, landing fees, catering, hull insurance, liability insurance, crew and/or crew training, and average maintenance for parts and labor. When purchasing an aircraft, it is important to understand the total cost of ownership by evaluating not just the acquisition cost but also those for ongoing operations.

PARTNERING WITH AN EXPERT IN PRIVATE AIRCRAFT SALES

Latitude 33 Aviation is a fixed-fleet operator – not a broker, jet card, or app on your phone. We manage one of the newest and largest fleets of light, midsize, super-midsize, and heavy jets in North America. With over 120,000 hours of operational experience, we leverage our expertise to help you acquire the right aircraft that aligns with your mission profile and helps you gain the most out of your private jet asset for your business, family, and lifestyle. Deploying our management services will simplify the ownership experience and reduce your costs with fleet discounts, significant buying power to save on fuel, maintenance, subscriptions, and more. We understand details matter at each phase of the process – cash flows, account reporting, fuel savings, training, maintenance, and a flight crew that allow you to focus on what matters most to you. Let Latitude 33 Aviation help you make the most of your valuable time.

 Ready to purchase an aircraft?

At Latitude 33 Aviation, we are glad to help you through this process. Leverage an industry-recognized group of experts delivering professional, full-service private aircraft sales and acquisition services. Latitude 33 will handle every aspect of the private jet acquisition process for you including market analysis, aircraft selection, contract negotiations, legal and tax referrals, facility selection, on-site pre-buy representation, and jet pilot mentoring. We will gladly answer any questions and help you through the acquisition process. There has never been a better time to start the buying process than right now.

Private Aircraft Sales

Already have a jet you’re ready to sell? Learn more about our private aircraft sales services.
Keep up-to-date with Latitude 33 Aviation news, fleet additions, and one-way empty leg flights.
Read our latest blog posts ranging from private aviation trends to the top five tips for private jet summer travel.
Latitude 33 Accepts First Customer Aircraft Fueled With Sustainable Aviation Fuel (SAF)
Latitude 33 Aviation accepts challenger 350 with sustainable aviation fuel (SAF)

CHALLENGER 350 FUELED WITH SUSTAINABLE AVIATION FUEL (SAF)

Latitude 33 Aviation is proud to announce the acceptance of the first Bombardier customer aircraft to be delivered with sustainable aviation fuel (SAF). This award-winning 2019 Challenger 350 will also be the first on Latitude 33 Aviation’s fleet to be based in Seattle, Washington. The Challenger 350 is already one of the most fuel-efficient business aircraft in the world with its redesigned canted winglets that reduce drag and fuel burn, while the engines deliver increased thrust. Available for charter, this factory-new aircraft is leading the way towards a sustainable future for business aviation by mainstreaming the use of an alternative to traditional jet fuel.

THE BENEFITS OF SUSTAINABLE AVIATION FUEL (SAF)

What is Sustainable Aviation Fuel?

Sustainable Aviation Fuel (SAF) is an alternative to traditional jet fuel. SAF is made by blending conventional kerosene with renewable hydrocarbon. Because it is certified as “Jet-A1” fuel, no modifications are required for the aircraft to use SAF.

Environmental Benefits

The use of SAF has been shown to provide great environmental benefits. Sustainable aviation fuel is nearly carbon-neutral over its life cycle because the burning fuel emits an equivalent amount of carbon dioxide into the atmosphere as do plants during the growth of biomass. SAF also contains fewer impurities, which results in a greater reduction of particulate matter emissions.

SAF can be produced from municipal waste that would otherwise be left to decompose in landfill sites. This avoids the use of petroleum and instead reuses the waste to power additional flights.

Economic & Social Benefits 

SAF is mainly produced from feedstocks and therefore can be spread worldwide across several different feedstocks that have large amounts of unviable land for food crops. This can simultaneously reduce the exposure to the fuel cost volatility that comes with having a single energy source and introduce a new industry such as sustainable aviation fuel production to developing nations.

For further information about Sustainable Aviation Fuel visit:

Aviation Benefits

Latitude 33 Aviation accepts challenger 350 with sustainable aviation fuel (SAF)

THE BOMBARDIER CHALLENGER 350

The Bombardier Challenger 350 is the best-selling business jet platform over the last decade. The wide flat-floor cabin, exceptionally smooth ride, and intuitive cabin management system make it an industry leader delivering an unrivaled private jet charter experience. The Challenger 350 aircraft recently demonstrated its outstanding performance capabilities and superior reliability by setting speed records for 10 key American city pairings in 20.5 hours. With half a dozen Challenger series aircraft on its fleet, Latitude 33 Aviation is proud to announce the factory acceptance of two 2019 Bombardier Challenger 350s – one of which has made its first flight from the factory using SAF.

Interior

The best flat cabin in its category, the Challenger 350 offers both a flat floor and in-flight access to the 106 ftbaggage compartment. There are a variety of interior configurations to choose from that all comfortably seat up to 10 passengers. The open cabin is available for you to lie down, stretch out, and safely move about the cabin. Elegance at every seam, the world-class design of the interior features Bombardier’s signature metal trim, foldout tables, and class-leading comfort. The spacious galley features a microwave, sink and faucet, and a generous amount of workspace. The private lavatory features a large backlit mirror, vanity, sink, and faucet.

Technology & Amenities

Whether you are traveling for business or pleasure, the Challenger 350 features the most intuitive cabin technology in the industry. Have control at your fingertips with the Challenger 350’s wireless cabin management system. Stay connected with the world below through the available high-speed connectivity. Screen a movie on the large monitors, listen to audio on the crystal-clear entertainment system, or just sit back and relax in the spacious seats. With exceptional performance and comfort, the Challenger 350 creates peace of mind for all travelers.

Capabilities

The Bombardier Challenger 350 is capable of flying full range with full fuel and full seating capacity. With a maximum range of 3,200 nautical miles, you and your passengers are able to travel coast-to-coast and beyond, nonstop. The Challenger 350 is optimally balanced, which provides a smooth ride from takeoff to touchdown. This year, Bombardier announced a series of enhancements to the Challenger 350, including compact Head-up Display (HUD) and Enhanced Vision System (EVS), class-leading cabin sound-proofing technology, and refined cockpit aesthetics. A performance improvement package also allows the aircraft to fly up to 1,500 NM farther out of short runways, complementing its steep approach certifications awarded by international regulatory bodies including EASA, FAA, and TC. With this set of enhancements, the Challenger 350 aircraft continues to take center stage in the super mid-size segment and to be the preferred choice for Latitude 33 Aviation’s luxury travel experiences, such as the West Coast Safari.

To learn more about the Challenger 350 visit:

Bombardier’s Website

Latitude 33 Aviation accepts challenger 350 with sustainable aviation fuel (SAF)

JET FACTORY ACCEPTANCE PROGRAM

Latitude 33 Aviation has thoroughly designed and adapted a three-phase private jet factory acceptance program that ensures clients receive the most perfect aircraft possible. Clients are represented and protected every step of the way, well before delivery day and continuing well after. Our experienced professionals provide transportation, testing, and inspection services that give clients peace of mind when buying a private jet.

During the first phase of the jet acquisition process, the pre-delivery, Latitude 33 Aviation sets up the RVSM application, completes the warranty documentation, and post-delivery support.

During the second phase, delivery day, Latitude 33 Aviation’s representative is onsite for the On the Ground Aircraft Technical Inspection. During this inspection, the representative completes a comprehensive nose to tail inspection, looking for cosmetic, manufacturing or installation defects. Latitude 33 Aviation’s representatives and pilots complete the In the Air Flight Test, which is designed to evaluate handling qualities, test all systems, and validate performance parameters.

The final phase of the acquisition process is the post delivery support. During this phase, Latitude 33 Aviation’s team works with the manufacturer to facilitate warranty claims and ensure they deliver on post-delivery factory remediation for outstanding issues found at delivery.

Latitude 33 Aviation’s extensive expertise can help you with the process of purchasing and accepting your desired aircraft. Our private jet acceptance program can take the uncertainty out of the acquisition process.

Now Available for Private Jet Charter: 2016 Sovereign+
Cessna Citation Sovereign+ Cockpit

Latitude 33 Aviation Adds Sovereign+ to Charter Fleet

Providing a highly selected blend of style and comfort, the Citation Sovereign+ is Latitude 33 Aviation’s newest midsized aircraft available for charter. Designed to provide ultimate performance and superior comfort, this 2016 Citation Sovereign+ is based in Carlsbad, California and ready for your next destination.

Cabin

The Citation Sovereign+ features large comfortable leather seats with forward and aft tracking, swivel bases and reclining positions for ultimate comfort. Innovative designs and luxe finishes are present in the fine details of the interior. The forward galley provides supply cabinets, cold storage, and counter for food preparation.

Comfort & Control

This 2016 Cessna Citation Sovereign+ offers a spacious cabin, electrically operated windows, and seating for nine passengers. The aircraft contains a heated baggage compartment which can hold up to 1,000 pounds and 100 cubic feet of cargo. Productivity doesn’t stop with standard internet and four executive tables, which make great work areas. The wireless cabin management allows access to digital media, individual interactive moving maps, and radio. Passengers have full control and access to these amenities on their personal mobile device.

Technology

Powered by advanced avionics, the Citation Sovereign+ supports a bright, modern, and all-glass cockpit. The features include Garmin Synthetic Vision Technology, detailed moving map, electronic charts, and intuitive touchscreen controls. The powerful, range-enhancing winglets, combined with the powerful engines allow the aircraft to land on smaller runways and airports such as Aspen (ASE), Van Nuys (VNY), and Long Beach (LGB).

Private Jet Charter

This 2016 Cessna Citation Sovereign+ is part of Latitude 33 Aviation’s growing fleet of aircraft available for jet charter. Joined by six other pristine midsized and super-midsized aircraft available for charter, the Sovereign+ can provide coast-to-coast flights. With a seating capacity of nine passengers, this aircraft is perfect for your next private charter flight. Ready to experience this midsized aircraft? Contact Latitude 33’s concierge charter department for arrangements.

Contact Us 24/7: 800.840.0310 or Charter@L33Jets.com

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2018 Challenger 350 – Factory Acceptance and Private Jet Charter
Challenger 350 Latitude 33 Aviation

Latitude 33 Aviation Accepts 2018 Challenger 350

Redefining the super-midsize category, the Challenger 350 is the best-selling business jet platform of the last decade. Optimally balanced and designed for a smooth ride from takeoff to landing, Latitude 33 Aviation welcomes this 2018, factory-new Challenger 350 to its private jet charter fleet.

About the Aircraft
Based in Orange County, Latitude 33 Aviation’s Challenger 350 is now available for charter and operates full range with full fuel, and at full seat capacity. The best flat cabin in its category, the Challenger 350 offers both a flat floor and in-flight access to the baggage compartment.

Cabin
Elegance at every seam, the world-class design of the interior features Bombardier’s signature metal trim, foldout tables, and class-leading comfort. A spacious and open cabin is available for you to lie down, stretch out, and safely move about the cabin. The perfect combination of aesthetics and ergonomics is achieved through large windows, angled touch screens, and carefully selected beige finish.

 

Challenger 350

 

Technology
Whether you are traveling for business or pleasure, the Challenger 350 features the most intuitive cabin technology in the industry. Stay connected with the world below through the available high-speed connectivity. The Challenger 350 has one of the industry’s most advanced cabin management system (CMS), with all the controls at your fingertips. Screen a movie on the large monitors, listen to audio on the crystal-clear entertainment system, or just sit back and relax in the spacious seats. With exceptional performance and comfort, the Challenger 350 creates peace of mind for all travelers.

Maintenance
The Challenger 350 features the lowest direct operating costs in its category. The affordable maintenance programs and cost-effective maintenance intervals compliment with the aircraft’s superior performance, state-of-the-art technology, and a spacious cabin room.

Private Jet Charter
The factory-new Challenger 350 is part of Latitude 33 Aviation’s growing fleet of aircraft available for jet charter. Joined by six other pristine super midsized aircraft available for charter, the Challenger 350 can provide non-stop flights from New York City to Van Nuys, Orange County (John Wayne Airport) to Maui or Las Vegas to Honolulu non-stop. The Challenger 350’s luxurious cabin area is a perfect extension of your home or office. With a seating capacity of nine passengers, this factory-new aircraft is perfect for private jet flights for you and your favorite guests. Ready to experience a factory-new super midsized aircraft? Contact Latitude 33’s concierge charter department for arrangements.

Jet Factory Acceptance Program
Latitude 33 Aviation has a three-phase process created to guarantee clients are accurately represented throughout the entire jet acquisition process.

During the Pre-Delivery phase of the Jet Acquisition process, Latitude 33 Aviation sets up the RVSM application, completes the warranty documentation and post-delivery support.

Latitude 33 Aviation Challenger 350

During the Delivery Day phase, Latitude 33 Aviation’s representative is onsite for the On the Ground Aircraft Technical Inspection. During this inspection, the representative completes a comprehensive nose to tail inspection, looking for cosmetic, manufacturing or installation defects. During this phase, Latitude 33 Aviation’s representatives and pilots complete the In the Air Flight Test. The In the Air Flight Test is designed to evaluate handling qualities, test all systems, and validate performance parameters.

The final phase of the acquisition process is the Post Delivery Support. During this phase, Latitude 33 Aviation’s team works with the manufacturer to facilitate warranty claims and ensure they deliver on post-delivery factory remediation for outstanding issues found at delivery.

To learn more about Latitude 33 Aviation’s Factory Acceptance Program please visit:

Jet Factory Acceptance Program

Contact Us:

E: AircraftSales@L33Jets.com

P: 800.840.0310

For further information about the Challenger 350

Please visit:

Bombardier’s Website

For acquisition information visit:

Latitude 33 Aviation: Jet Acquisition

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Latitude 33 Announces 50 Percent Growth in 2017
San Diego Private Jets and Private Plane Sales 2017 Results - Latitude 33 Aviation

April 3, 2018 – Latitude 33 Aviation experienced remarkable growth in 2017. All three business units (aircraft sales and acquisitions, aircraft management, and private jet charter) grew year over year, with a 50 percent increase in charter hours flown.  Some highlights include:

  • Total aircraft assets under management increased to $157 million
  • $68 million in aircraft (jet and turboprop) sales and acquisition transactions completed
  • Nearly 11,000 hours of flight time accumulated throughout the year
  • Expanded mid and super mid-sized aircraft portfolio with the addition of an Embraer Legacy 500 and Cessna Citation XLS+
  • Los Angeles private jet charter operations grew with the addition of Orange County/Santa Ana/John Wayne Airport charter base
  • ARGUS Platinum safety rating was achieved, placing Latitude 33 in the top 5% of all U.S. based charter operators
  • Local outreach program was launched to help raise $50,000 for community organizations
  • Friendly Flier awarded by Van Nuys Airport for the fourth consecutive year in recognition of outstanding flight operations

 

New Citation CJ4 Business Jet - Latitude 33 Aviation Growth in 2017

While growth in 2017 was expected to exceed previous years, the combination of unparalleled customer service, additional factory new aircraft added to the fleet, and industry tailwinds helped 2017 become a record-breaking year.

Latitude 33 Aviation has always offered bespoke aircraft brokerage services, but last year marked the expansion of the aircraft sales and acquisition division with the addition of a full-time sales team. When aircraft owners are looking to move up in aircraft capacity and capability, they choose Latitude 33 Aviation to oversee the sale of their current aircraft and acquisition of their next jet because of the company’s specialized industry experience. Unlike many other aircraft brokers, Latitude 33 Aviation does not just buy and sell aircraft – it manages, operates, and maintains a large fleet of jets which provides the company with in-depth operating knowledge of each specific jet.

The company has also developed close relationships with major business jet manufacturers such as Cessna/Textron, Embraer, and Bombardier. As an operator who accepts and operates many factory-new aircraft on an annual basis, Latitude 33 Aviation is regularly recommended by manufacturers to prospective aircraft owners or current owners who are looking for professional aircraft management services.

Read the story of  Latitude 33 Aviation’s first 10 years

Latitude 33 Aviation 10 Year Story

 

In becoming San Diego’s only ARGUS Platinum safety rated private jet charter company, Latitude 33 Aviation continues to demonstrate its commitment to constant improvement to its clients, aircraft owners, and partners. Although the company has a perfect safety record, it wanted to raise the bar and challenge itself to meet the most stringent standards in the industry. In doing so, Latitude 33 Aviation became one of the few qualified operators that meet the standards to provide supplemental flight support to some of the world’s most well-known private flight companies.

For more information about private aircraft ownership or to book your next flight, call 800-840-0310 or email charter@L33jets.com

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How the Tax Cuts and Jobs Act Affect the Aviation Industry
Private Aircraft, Tax Cuts and Jobs Act

On December 22, 2017, the President of the United States signed The Tax Cuts and Jobs Act. Currently, the federal government imposes an excise tax on every commercial flight. Under this new legislation, the maintenance of a privately managed and operated plane would be exempt from this tax.

Below is the section of the bill which describes the tax breaks for aircraft owners:

The proposal exempts certain payments related to the management of private aircraft from the excise taxes imposed on taxable transportation by air. Exempt payments are those amounts paid by an aircraft owner for management services related to maintenance and support of the owner’s aircraft or flights on the owner’s aircraft. 

Applicable services include support activities related to the aircraft itself, such as its storage, maintenance, and fueling, and those related to its operation, such as the hiring and training of pilots and crew, as well as administrative services such as scheduling, flight planning, weather forecasting, obtaining insurance, and establishing and complying with safety standards. Aircraft management services also include such other services as are necessary to support flights operated by an aircraft owner.”

Q: How does this new tax reform affect the aviation industry and purchase of private aircraft?

A: The acquisition of an aircraft for business could be depreciated at 100% of the cost within the first year of ownership. This is an immediate, important change from previous tax guidelines. For example, based on a marginal tax rate of 40% and a jet acquisition price of $5,000,000 there is a potential income tax savings of $2,000,000.

Q: Is there a difference between the acquisition of a pre-owned aircraft vs. a factory-new aircraft?

A: No, the tax reform applies to both new and pre-owned aircraft.

Q: Is there a cap or phase-out to deduction price point?

A: No, there is no purchase price point at which the tax advantage caps out. The tax benefits would apply to a seasoned jet owner upgrading to a Citation Longitude, as well as a first-time aircraft owner looking to purchase a single-engine turboprop aircraft.

Q: I would like to purchase an aircraft soon, should I wait?

A: Now is the perfect time to buy an aircraft as the new incentives are very advantageous. Although the new Tax Cut eliminates the like-kind exchange (1031 exchange) for aircraft transactions (in 2018 the Act will only allow the 1031 like-kind exchange for real property) and taxpayers will no longer be able to defer taxable gain on their aircraft when they wish to upgrade, the new tax cuts applicable to buying a new plane are immediate and significant.

Q: What if I wish to deduct entertainment expenses for my business aircraft?

A: Previously, deductions of entertainment expenses are only allowed if they directly relate to the taxpayer’s conduct of business. Starting in 2018, the new tax cut does not allow the deduction of entertainment expenses, regardless if it associated with the owner’s/taxpayer’s business.

Q: Great! I am ready to purchase my aircraft. Now what?

A: Contact the experts on our jet acquisition service team at 800-840-0310 or AircraftSales@L33Jets.comLatitude 33 Aviation is glad to help you through this process – we are an industry-recognized group of experts delivering professional, full-service aircraft ownership programs. Latitude 33 will handle every aspect of the private jet acquisition process for you including market analysis, aircraft selection, contract negotiations, legal and tax referrals, facility selection, on-site pre-buy representation and jet pilot mentoring. We will gladly answer any questions and help you through the acquisition process.

Not quite ready to purchase? Check our charter page for additional private flight options and services.

To view our current inventory of jet aircraft for sale please visit: Latitude 33 Aviation: Aircraft Inventory 

For more information about The Tax Cuts and Jobs Act please visit: U.S. Congress Website 

Citation Longitude Experience

EVOLUTION LEADS TO REVOLUTION.


The revolution in business aviation has landed. The Citation Longitude by Textron Aviation defines luxury and elegance. The custom carpets, handcrafted wood carpentry, and smooth leather upholstery is designed to compliment your style, your brand. The Longitude’s superior fit and finish pushes the limits of perfection. From Latitude 33 Aviation, the warmest welcome to the new standard of aviation, the jet that has revolutionized the standard for business travels – the Citation Longitude.

 

BEER, WINE, FOOD & PRIVATE JETS.


So, what is it like to experience this amazing jet? Cessna has scheduled a 45-city tour for this ultimate meet & greet. Latitude 33 Aviation hosted this unique guest for a four-hour event at their hangar headquarters in sunny Carlsbad, CA. Latitude 33 Aviation is a premier company for private jet charter, aircraft management, and aircraft sales that is based just outside the city of San Diego and manages a fleet of aircraft in Los Angeles, Southern California, and beyond. The team at Latitude 33 is actively engaging with their clients and arranging events to bring them the most exceptional jets on the market. Latitude 33’s hangar was a jet owner’s dream, combining their own fleet of exquisite private jets alongside the Longitude. The lounge music, soft purple accent lights throughout the hangar, and friendly California vibe from Latitude 33 Aviation made the atmosphere remarkable. In addition, the environment of a gorgeous hangar catered with local craft beer, wine, food, and stunning jets made the event even more pleasing.

PERKS.


Detail

Even some private jets lag on the available space for comfort. The Longitude’s stand-up, flat floor cabin, which is customizable to any style, exceeds first-class comfort. Not only does the jet have 30-inches of legroom, a full six feet of vertical space, and can carry up to 12 passengers, you can choose from three floor plans, one of which includes a couch. With multiple fabrics & various designs, your personal touches can be added to the trimmed to perfection “Bisque, Black Edition, Carnegie, French Roast, Hyde Park, and Silver Frost” interior. This interior truly evolves the travel experience and raises in-flight expectations.

Digital

Evolution at your fingertips. The pilots are now equipped with Garmin’s latest G5000 touchscreen navigation and communication systems. In addition, the Citation Longitude features LinxUs’ fully integrated and most advanced diagnostic system. The proven avionics effortlessly navigate the skies. The longitude keeps you refreshed and ready to perform with the lowest cabin altitude in its class at under 6,000ft. Best part…it performs at the lowest operating cost!

FIN.


Local guests were allowed to experience the new standard in the super-midsized segment of aircraft thanks to Latitude 33 Aviation. The Citation Longitude provides more range, greater payload or higher cruise speed at a lower ownership cost. The Longitude Experience tour will finish its journey April of 2018, but Cessna is currently accepting orders for the Citation Longitude. If you are inquiring about owning this revolutionized aircraft, Latitude 33 Aviation specializes and will partner with you through the entire ownership cycle. The team at L33 (Latitude 33 Aviation), can help you achieve the financial results you desire through its superior industry experience and unmatched commitment to its aircraft owners.

For further information about the Cessna Citation Longitude

Please visit:

Cessna’s Website

For acquisition information visit:

Latitude 33 Aviation: Jet Acquisition

What to Consider When Buying a Jet in Los Angeles

Buying your own private jet is a significant milestone and achievement. Whether you’ve decided to own your aircraft because you have far too many important business meetings outside of the San Diego, Los Angeles, and Southern California area and you need to save time, or because you simply don’t want to deal with the hassle of flying on commercial airlines ever again, a private jet means you are literally and figuratively above it all. There is no better way to minimize travel time, maximize productivity, arrive refreshed, and have ultimate control over your travel schedule than to purchase your own private jet. Of course, you want to make a wise financial investment, but there is a lot more to consider when buying an aircraft than the price tag.

Here are some of the more important factors you should consider when choosing the private jet that will be your oasis in the sky:

  1. Size — Bigger isn’t always better, but that is a preference that is entirely up to you. How many passengers will usually be flying with you? You might not have a need to travel around in an airliner-sized aircraft, but make sure the jet you buy feels comfortable to you. After all, you’re buying a jet because you don’t ever want to spend the flight between New York and L.A. with your knees pushed up against your chin.
  2. Range — How far will you regularly be traveling? What will be your most frequent destinations? Will you want to land at smaller, regional airports that are closer to your final destination than the major airports? It’s important to find a jet that can adequately handle all your travel needs.
  3. Features and luxury options — The sky is the limit when it comes to the options available in private jets. Will your personal jet come stocked with a wet bar and full entertainment package for leisure, or do you require satellite internet and phone service for business productivity? Even if you are not planning on doing much entertaining in the air, you will want to make sure you are as comfortable as you can be in the cabin.
  4. Crew — Depending on the size of your private jet and how you will be using it, larger aircraft may require a multi-person crew that includes several pilots, flight attendants, and mechanics, while smaller aircraft may be able to operate with just a single pilot. Also, you’ll want to think about whether your flight crew will be permanent employees or if you’ll hire them on a contractual, as-needed basis. This will likely depend on how often you intend to use your new asset.
  5. Operating costs — It is important to know ahead of time how much you will need to spend on maintenance, fuel, insurance, engine overhaul reserves, navigation database updates, and other ongoing costs for your new private jet. Some aircraft have low purchase prices, but high operating costs. It is important to have an aircraft expert assist you with your decision to help save you money in the long run. Depending on how frequently you use the plane, it may or may not be worth the ongoing costs for you.
  6. Buying or chartering?Buying a private jet is often a wise investment if you expect to be in the air often, but it’s still possible to travel in luxury without making such a large outlay of capital. Chartering a private jet on an as-needed basis may be a more appropriate choice, depending on your travel needs to and from Los Angeles, San Diego and the Southern California area. If you do not plan on flying at least 100-150 hours per year, chartering may be a better option. You will still reap many of the benefits of having a private jet, but without all of the responsibility that comes with ownership.
  7. Management — Jet ownership requires logistics such as hangar space to park the aircraft, proper vetting and training of flight crew, financial accounting, maintenance and inspection scheduling, aircraft cleaning, and refreshment supplies stocking as well as preparing the aircraft whenever you would like to fly. Some jet owners prefer to handle these activities themselves, while others opt to hire a professional private jet management company to handle these responsibilities. Aircraft management companies are also often able to provide discounts on fuel, insurance, and hangar space due to their size and buying power.

There are few experiences as exhilarating as buying a private jet. If you would like to learn more or simply have questions, the team of experts at Latitude 33 Aviation can help. We can be reached at 1.800.840.0310 or contact@L33Jets.com.