Charter jets were once the play toys of the rich, used for their lavish lifestyle and their propensity to use significant sums of money to travel the world. Fortunately, today, charter jets are more available than just for the rich and the famous. They are used by businesses, multinational corporations, and fly more than just executives.
Out of business aircraft passengers, only 22% are top management. 50% are other managers, and 20% are technical, sales, or service staff. Business aircraft are used to fly employees from location to location, often within the United States but also likely around the world, as multinational corporations have business centers in different countries.
Corporate jets were once seen as just for the top executives in a company but the above statistic shows that the majority of the employees flying on a corporate jet are in fact other managers and lower level employees, like support staff. They are seen as a way for employees to work while in the air, fostering a productive environment.
Respondents to a 2009 survey said that they are 20% more productive on a company aircraft than on a standard flight. Company aircraft are likely quiet, with fewer disruptions, and possibly a greater opportunity to use technological devices. Gone are the crying babies and the cramped seating. Company aircraft are designed for flying peacefully.
Business people flying on commercial airlines reported a 40% drop in productivity, compared to flying on company aircraft. It stands to reason that the increase in productivity on company aircraft has to do with less distractions, as said above with the crying babies and cramped seating. Executives who have busy schedules need time to work.
It is also probable that the company aircraft give employees a chance to work together, mingle together, and form relationships, which would be difficult on a commercial airline, where people are often seated away from each other and there is little opportunity to talk without being distracted by other people or electronic media.
There is even the possibility of flying without distractions in terms of the packed security checkpoints that accompany the individuals looking to fly on the large commercial airline flights. Chartered flights, it is possible, because they are on private airports, do not have to deal with long security lines and multiple checkpoints.
One explanation for this is that on chartered flights and jets, people or the companies they work for have vouched for other people or the passengers as a whole. This fosters a safety protocol for the chartered flights whereby the employees of a chartered flight have a better sense that their passengers are safe.
By 2011, there were 11,261 private jets registered in the United States. The US accounts for 49.7% of the private jet market, with Europe in second at 20.8%. Yes, some of these private jets belong to the rich and famous but many belong to corporations who wish to have their employees travel without distraction.
Private jets have another important aspect that gives them attractiveness in terms of the companies that use them: Because they are smaller, they fly at a different altitude than the commercial airlines, making the private jets faster and more quickly to reach their destination than commercial airlines.
Charter flight pricing is one aspect of charter jets, private jets, or corporate aircraft is a topic that reigns supreme when talking about charter flights. After all, if they were inexpensive, everyone would charter a flight to their next location. It is expensive, sometimes in the hundreds of thousands.
It costs $106,711.17 to charter a Gulfstream V from NYC to San Francisco for a weekend. Charter flight pricing depends on the aircraft as well. Gulfstream, touted by the company itself, has some of the best jets around and renting their jets costs thousands of dollars, whether for a company or an individual.
Charter flight pricing, whether for a private jet, a gulfstream charter, or a business charter jet, costs a great deal of money, which is why the wealthy and businesses are the only entities that charter one. A private jet charter for business might charge hundreds of thousands for a quick jump across the country.
A international charter might charge more. Charter flight pricing generally does not fall below the $50 thousand limit.