Private Charter Versus:Buying A Plane
Hey, if you've got the cash and fly all the time, this could be a good option. However, even aircraft owners often end up chartering because their plane isn't available or right for every trip. Plus, the investment in a plane often doesn't compare favorably to other asset categories. If you're looking for an investment, chances are your money will do better elsewhere.
Fractional Ownership
Instead of buying a plane, you buy a piece of a plane. Sounds pretty good, but since you are only one of many people who own that plane, chances are high you'll end up flying on a chartered plane for a number of trips anyway. Your fractional share can also depreciate significantly before you've taken your first flight, not to mention the hidden fees you'll often get stuck with.
Jet Membership Programs
If you need to ensure you have access to a particular type of aircraft but don't want to invest in a plane or a fractional share, jet membership programs (or "jet cards") can be a good solution. Of course, this peace of mind has a price: you're required to pay upfront for something you haven't even used yet. The membership program gets your money prepaid in anticipation of the miles you might want to fly. Plus, the price you pay per mile is almost always more expensive than what you pay for charter flights. If you are going to get a jet card, you should still consider charter before each and every jet card trip. Oftentimes, you'll find you can fly on the exact same equipment for much less money.
WE CAN BEAT IT
Get the lowest price - GUARANTEED.