Quote:
Originally Posted by rattlsnak
Three ways to do fractional. 91K, 135 and full ownership. You either buy a share, buy hours, or buy the plane outright and have it managed. While the share costs alot less per hour, you have to put up major capital. With the hourly rate, it costs $$$ per hour, but you tie up no capital and can simply walk away or renew when youre out of time.
In your situation, going overseas will be a HUGE cost and of the 4 big fractional players, (CitationAir, NetJets, FlexJet and Flight Options) NEtjets is the only one who could do that trip.
I asked around and depending on which airframe you want, youre looking @ $8-12K and HOUR!
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Many years ago, my brother was a pilot for a business jet charter service.
He recognized a really rich guy who had chartered the plane several times. My brother half jokingly said, why don't you just lease your own plane and hire me to fly it, and I can do charter overflow to pay for it while you're not using it?
About a month later the rich guy called my brother and said the plane was ordered, when could he start?
Long story longer, the rich guy now has three planes leased to him. My brother flies him around and runs the company for him.
He hires pilots to fly the planes and organizes the charter flights, the planes more than pay for themselves.
The rich guy now has three planes that cost him almost nothing out of pocket, gets to fly anywhere he wants for basically free, and he's making money off of the planes!
The rich get richer because they're smart!