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Posts tagged "Business Jet (Industry)"

Private jets you can afford for a mere $100 million | CNBC International

CNBC's Phil Han finds out how much $100 million can buy you in the private jet market. From $78 million to $5 million… it is all about size.

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Posted by rr1455 - October 15, 2017 at 3:22 pm

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Private Jet Flights for Commercial Airline Prices

Private jet companies are making it easier to fly like CEOs and celebrities by offering new deals through social-media sites. JetSuite CEO Alex Wilcox welcomed WSJ's Sara Murray aboard one of his jets to show how the high life isn't as out of reach as some may think.

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Posted by rr1455 - August 16, 2017 at 7:40 pm

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Posted by rr1455 - April 16, 2017 at 3:10 pm

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The World’s Biggest, Fastest, Priciest Private Jet

Nov. 19 (Bloomberg) — The Dubai Air Show has seen record orders for new planes. Bloomberg's Elliott Gotkine got a look inside the show's premier private jet: the Gulfstream G-650. It's the biggest, fastest and most expensive worldwide. (Source: Bloomberg)

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Posted by rr1455 - April 15, 2017 at 3:37 am

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Posted by rr1455 - April 14, 2017 at 3:54 pm

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$100 MILLION DOLLAR PRIVATE JETS | SuperFlyJets.com | SuperFly

These jets don't give you much change from $100 Million! The use of private jets in the United States has grown to two-thirds of the global market for luxury air travel, as the number of high net worth individuals in the world's biggest economy increases steadily.

The country represents some 66 percent of global deliveries in the private jet market as of the end of the third quarter, chief executive and president of Embraer Executive Jets, Marco Tulio Pellegrini said.

This is up from around 45 percent of market share before 2008 and low growth in the years following, Pellegrini said. The U.S. has taken on more market share steadily in the last two years as emerging markets have come under pressure. A clampdown on corruption in China has seriously damaged the luxury goods and service market there.

"Every year, we expect a better year, but 2015 will probably be similar to 2014 deliveries. (In) 2016 in our provisional forecast there will be slight growth. But we don't see the possibility of a major transformation of the market size. What we see today is the U.S. playing a very important role in deliveries," Pellegrini said, speaking at a press conference at the Dubai Airshow.

Brazilian plane maker Embraer, now the third largest in the world based on deliveries, produces commercial, military and agricultural aircraft as well as executive business travel aircraft.

The group announced during the airshow that Emirates had signed up to order five Phenom 100 business jets, with an option for a further five for use in its flight training academy. This follows Etihad's firm order of four models of the plane in June this year.

Embraer planes sell for anywhere between $4 million and $55 million at list price, depending on size and model.

The aircraft maker said it has a 10 percent market share in the Middle East private jet market, but the pricing of second hand jets at big discounts to brand new planes in the region and in Europe has been tough on business.

One in ten business aircraft in the Middle East is up for sale according to data published by aircraft charter firm Gama Aviation on Monday, with the bulk on offer in Saudi Arabia, Turkey and the United Arab Emirates (UAE).

But long-term, the company expect the number of business aircraft operating in the Middle East to rise.

"The Middle East's landmass is around 90 percent of that of the U.S., and it has a population of 351 million people – some 32 million more than the U.S. However, the States has over 22,000 more business aircraft, and this shows the huge potential for the Middle East business jet market," Gama Aviation's managing director for the region, Martin Ringrose said.

Pelligrini said looking at the industry as a whole, the private jet market has seen slight recovery in the last two years.
"We expect this recovery will continue but overall it will be the same number of planes delivered worldwide as we had in 2014. Slightly higher, but still far from the peak of 2008," he added.

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Posted by rr1455 - April 7, 2017 at 4:12 pm

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How much does it cost to fly by private jet?

The cost to fly on a private jet varies on a number of factors, including the size of the aircraft and the flight time. If you're looking for a private jet charter, PrivateFly has fully inclusive prices with no hidden costs so you won't be getting charged for more after you book.

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PrivateFly is the leading global booking platform for private jet charter, making it faster, easier and more cost-effective to compare and book private jets. With over 7000 aircraft integrated worldwide, PrivateFly combines innovative technology with a VIP multilingual operations team, available 24 hours.

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Posted by rr1455 - February 21, 2017 at 4:13 pm

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Posted by rr1455 - November 29, 2016 at 1:36 pm

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