Understanding the Private Jet Industry
Flying by private jet is a fantastic option when you want to save time, fly to your schedule, stay safe, have maximum privacy and maximum luxury. Flying by private jet is by far the fastest way to travel in ultimate luxury and style. Unfortunately, the process of booking a private jet is unable to be as simple as booking a commercial flight.
Important factors to consider when chartering a private jet, especially if it is your first time.
Factors Affecting Charter Price
- Aircraft availability
- Owners approval
- Flight approvals
- Crew availability & hours
- Aircraft positioning & repositioning fees
- Aircraft type
- Fuel costs
- Distance travelled
- Airport runway length
- FBO facilities
- Aircraft insurance
- Maintenance schedules
Factors Affecting Broker Choice
- Trade Group Membership
- Safety Certifications/Procedures
- Prior Experience
- Depth of Knowledge
- Source of Aircraft
- Commission Rate/Charge Mark-up
- Additional Surcharges
- Aircraft Recommendations
- Financial Health
- Security Standards
- Additional Services Available
- Payment Options
Factors Affecting Operator Choice
- Crew Qualifications
- Maintenance Schedules
- Safety Record
- Safety Certifications
- Customer Reviews
- Customer Service Training
- Problem Resolution/Refund Protection
- Background & Experience
- Security Procedures
- Certification Verification
- Aircraft Condition
Additionally, while there are heavy restrictions on the operation of private jets, there are very few restrictions on private jet brokers. The low barriers to entry for brokers mean that there are lots available (over 100 in the United Kingdom alone) and all have varying degrees of professionalism and safety standards.
Brokers all have access to different aircraft and will present different options with wildly different prices, often with an unknown commission value. Brokers will all provide different levels of after sales service and different levels of additional options (catering, ground transportation, etc). This leaves the new and inexperienced customer at risk of being overcharged, being presented unsuitable options or - in the worst case scenarios - being offered aircraft that are unsafe.
14% of all Europe Charters are Illegal
An effective alternative is to skip the middleman altogether and go straight to the source - the aircraft operator.
The problem with going straight to the source is that there are over 1,000 operators in Europe alone, most of which fly only a few aircraft. This means that contacting enough operators to find the accurate market value is extremely time consuming - the exact time that you are trying to save by flying private!
Plus, operators all have different safety levels (ARGUS & WYVERN ratings), depicting their overall safety score.
The result of all this is that many first time private jet flyers feel overwhelmed when looking too charter a jet.
By booking a consultation service with us we are able to advise you on the best options for your requirements. We are then able to contact all the operators for you to find the accurate wholesale cost if you are looking for a cost effective option. We will also suggest the best brokers for a complete solution for your flight requirements. We, of course, will never sacrifice safety and will only recommend highly reputable brokers.
If you are talking with your broker or operator and are unsure about why they are pushing for a certain aircraft, why they are charging so much more for a certain route or if their practices are industry standard - we are there to reassure you of how the industry works.
Through one conversation we can find the safest & best options for you. Options where you won’t be left stranded. Won’t be left out of pocket. Won’t be ripped off. Won’t be taken advantage of for being.
We are independent experts who are on your side the whole way. We do not charge commission. We charge one upfront consultation fee and the rest is taken care of. The result is that you will save thousands of pounds in the long-term through having the inside information.
Compare Private Planes is a division of Magic Lagoon Limited (12674501), registered in London, UK. Compare Private Planes is not an operator of aircraft and as such has no operational control. Compare Private Planes acts solely as an advisory and consultation service. As Compare Private Planes is not a broker or operator we are unable to provide quotes or price estimates prior to the purchase of a consultation service.