How to Own a Private Jet - AIN

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  • Опубліковано 15 чер 2024
  • Visit www.ainonline.com for all the latest on the aviation industry.
    In a previous video we talked about how you can take your first steps to begin enjoying the comfort and convenience of flying in private aircraft. If you’ve tried chartering, used jet cards, or joined a membership program, you may now have a taste for the high life and perhaps you’re ready to consider owning your own aircraft, or perhaps part of one.
    AIN Senior Editor Charles Alcock discusses the ins and outs of various aircraft ownership options with Business Jet Traveler Editorial Director Jennifer Leach English.
    For full details on how to maximise your investment in private aviation see www.BJTonline.com.
    How to Experience Flying in the Back of a Private Jet for the First Time: • How to Experience Flyi...
    If you’ve enjoyed this video, please give it a thumbs-up, share it, and subscribe to our channel.
    #privatejets #aircraft #flying #luxurytravel
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КОМЕНТАРІ • 109

  • @brandondenver4331
    @brandondenver4331 4 роки тому +71

    This is a very nicely put together video which I found incredibly helpful and informative. After much deliberation, I have decided to go all out and treat myself to an Uber ride.

  • @ilovelimpfries
    @ilovelimpfries 4 роки тому +109

    I missed the last 2 monthly payments of my fiesta, why am I watching this?

    • @bj79swagg
      @bj79swagg 3 роки тому +1

      🤣

    • @julianfierro7034
      @julianfierro7034 3 роки тому +1

      I hope you were joking because that was hilarious

    • @DoctorVolatile
      @DoctorVolatile Рік тому +2

      ...because it is free to dream!

    • @michaelbarry8264
      @michaelbarry8264 Рік тому +1

      Lol that’ll be me in a year missing a Ford Fiesta loan repayment I mean the Gulfstream G800 won’t be for several decades

  • @kaf1089
    @kaf1089 4 роки тому +115

    Just walk to the shop and buy it.

  • @simpsmith4219
    @simpsmith4219 4 роки тому +163

    Me watching this with 5$ in my bank account.

    • @musicvideos2695
      @musicvideos2695 4 роки тому +12

      Donald Dump we gotta dream lol, hopefully one day you will laugh at this message while flying high

    • @kishorkafle
      @kishorkafle Рік тому

      $19

    • @trinidadianbeauty1
      @trinidadianbeauty1 Рік тому +1

      .51 cents but I’m going to be buying a jet very soon! When I do I owe u a free flight 🙏🏽

    • @e.r.6147
      @e.r.6147 3 дні тому

      Elon musk was there

  • @bodystomp5302
    @bodystomp5302 4 роки тому +36

    Why would I want a private jet? I can fly commercial and sit in an absolutely packed 737 w/screaming children.

    • @MrJoshlanier
      @MrJoshlanier 4 роки тому +5

      Herman A after being treated like a criminal by TSA

    • @4jup4ter4
      @4jup4ter4 4 роки тому +5

      On top of a Karen staring wondering how did you get a first class seat when she was sitting at the gate for several hours.

    • @1compaqedr8
      @1compaqedr8 3 роки тому +1

      And everyone pulls their face mask down to talk...🙄😷🤧🤒💀☠️

  • @vithalgoel3937
    @vithalgoel3937 3 роки тому +4

    Lookin through the comments to find one person who really can buy one

  • @firstnamesecondname5341
    @firstnamesecondname5341 4 роки тому +7

    I think it also depends on the journey frequency, a contracts manager I knew had to fly from London to Barbados up to Arizona on to NewYork then out to Washington and back to London, it all had to be done within one week 😬 initially they chartered a jet as it just couldn’t be achieved flying commercial, before buying a 10 year oldish G450 when the need jumped from once a year to every six weeks

  • @indrabendi3300
    @indrabendi3300 4 роки тому +8

    After watching this video, i decided to buy a bus ticket😅

  • @sizwetinga1530
    @sizwetinga1530 4 роки тому +6

    Why do they sound anti ownership?

  • @joshikhushchintan5661
    @joshikhushchintan5661 4 роки тому +2

    I don't know if I'll ever own one ... But this was very informative for when I day dream abt owning one !

  • @nilslindenblad9856
    @nilslindenblad9856 Рік тому

    Very informative video for those interested in pursuing private jet flying.

  • @LivingTheDream21
    @LivingTheDream21 3 місяці тому

    Very useful and helpful.

  • @LMays-cu2hp
    @LMays-cu2hp 4 роки тому +2

    Very nice. Thank you.

    • @LMays-cu2hp
      @LMays-cu2hp Рік тому

      Again, thank you for this information..

  • @Heavens-Humanaterian-Army
    @Heavens-Humanaterian-Army 3 роки тому +1

    Thank you this was very helpful.. id prefere to buy it for casual use then part time charter.

  • @rushiljain6541
    @rushiljain6541 3 роки тому +2

    Yeah man its expensive to own one. Now yesterday itself my Plane went for servicing and the mechanic told there is a fault in the engine costing me about $450K

  • @theyjustwantyourmoney4539
    @theyjustwantyourmoney4539 4 роки тому +4

    I can't believe I watched this to the end when I'm juggling my bills

    • @1compaqedr8
      @1compaqedr8 3 роки тому

      This channel is purely entertainment for the middle class. The wealthy are not watching or making business decisions based on this. They are busy being productive...

  • @captainblake2583
    @captainblake2583 4 роки тому +6

    I wouldn’t want to just buy one and be a passenger, I would want to fly it, I’m hoping to become a pilot someday. 👍

  • @chandrachurniyogi8394
    @chandrachurniyogi8394 3 роки тому +2

    instead of buying flight hours from a third party air charter operator under the fractional ownership program when you could be the operator (similar to COMLUX & NetJets) & user at the same time without having to pay a penny for charter!!! as an air charter operator you acquire a fleet of 13 Bombardier GLOBAL 8000 ultra long range biz jet & 3 brand new A321-200 Neo LR ACJ in addition to 2 Embraer LINEAGE 1000 E2 . . . and lend out the fleet to customers for charter under the fractional ownership & other charter programs!!!

  • @grantrennie
    @grantrennie 4 роки тому +17

    Thank you for the interesting video, I am working on starting a business, when I make the level of success that I hope for, I will buy myself a private jet and go for my full licence and type ratings to fly single pilot, and pay all the taxes where I live in the UK, I will hire two pilots and two part time cabin crew as well and look after them very well financially and otherwise so that when I am flying a relative or friend in the back there are two up front, if I'm going alone on business or to see friends on my own I will fly it myself and the pilots are there for when I have company or am flying a long way or helping charities and individuals with angel flights (I will give free use of my plane to charities and needy individuals)
    I will also take on a jet card for the option to rent a bigger plane periodically when my own is too small and am also looking towards getting the correct hours and ratings to be able to short term hire a small regional occasionally to take disadvantaged families on vacation/holiday by the bus load from the UK, USA and Canada, to places like Disney Florida, skiing in Aspen and trips to Iceland and Crete etc.
    Have a safe happy and well day everybody 👍
    Best wishes from Scotland 🏴󠁧󠁢󠁳󠁣󠁴󠁿

  • @daryldaniels4860
    @daryldaniels4860 4 роки тому +1

    So which part of the jet is yours for 25% of the jet? Do I get the wings and tires?

  • @JaydipsinhParmar1
    @JaydipsinhParmar1 4 роки тому +17

    Whos Want TO Buy Own Private Jet?
    I Have Dream To Buy One PRivate Jet,
    Two Helicopter ,One Yacht And Some Cool Supercars With One Beautiful Wife

  • @SuspiriaX
    @SuspiriaX 2 роки тому +2

    I loved every second of this video.
    I have $50 dollars so how many aircrafts can I buy with this??

    • @justinsimmonds5674
      @justinsimmonds5674 Рік тому

      Maybe a 0.00000001% fractional ownership share lol.

    • @johnkovac4436
      @johnkovac4436 Рік тому +1

      Paper airplanes ,probably whole stack of them

  • @savagecub
    @savagecub 4 роки тому +16

    As a pilot and someone aware of the enormous cost of owning and running a flight department I’d have say WHY to own a private jet. Perhaps before the advent of such fractional ownership companies as FlexJet, NetJets and others it could of made sense for quite a few business professionals. Now however it’s an extreme luxury that from a true economic standpoint would be hard to defend. After all didn’t people who can afford this sort of thing achieve their successes by MAKING money instead of pissing it away ?

    • @geru3003
      @geru3003 4 роки тому

      how do private jet pilots get paid? do they have a fix salary or is it by hour acording to owner's use of the plane?

    • @Puzzoozoo
      @Puzzoozoo 4 роки тому +6

      Time is more precious then money.

    • @ShuckersFan
      @ShuckersFan 4 роки тому +2

      @@geru3003 Salary usually. They have to be available to fly when needed.

    • @morisnakus6108
      @morisnakus6108 4 роки тому +3

      @@geru3003 usually fixed salary, no matter how much they fly.

    • @morisnakus6108
      @morisnakus6108 4 роки тому +7

      You should understand that the Jet is making you money. Not owning it, loses you money. It is the same as owning a car makes you money, because you can get to places faster and on time, instead using public transport.

  • @813Productions
    @813Productions 4 роки тому +7

    Step 1: Be Rich
    Step 2: Be Rich

    • @justinsimmonds5674
      @justinsimmonds5674 Рік тому +1

      Step 3: Get onto the Forbes rich list.
      Step 4: Once you are on the Forbes rich list, then shop around for your jet.

  • @arnoldmayii3563
    @arnoldmayii3563 4 роки тому +13

    Buying a jet is my only choice.
    My jet would not be up for chartering.

  • @chandrachurniyogi8394
    @chandrachurniyogi8394 3 роки тому

    fractional ownership is 1/6th of flight hours annually or monthly!!!

  • @richardbaxter7343
    @richardbaxter7343 7 місяців тому

    Costs??

  • @daveblue3733
    @daveblue3733 4 роки тому +6

    Maybe it will be helpful in future 🤣

  • @Puzzoozoo
    @Puzzoozoo 4 роки тому +1

    If you only fly to major cities as part of your business activities, flying fist class on regular airlines may be cheaper then going via a private jet.

    • @justinsimmonds5674
      @justinsimmonds5674 Рік тому

      Not wrong mate. For the cost of one private jet flight from London to Dubai, you could go in Emirates first class about 20 times.

    • @e.r.6147
      @e.r.6147 3 дні тому

      @@justinsimmonds5674 yeah but you can’t have sex on that flight mate, well, possibly very, very ,very quiet sex if it has a door pod on that 1st class

  • @jeremythebeer8609
    @jeremythebeer8609 4 роки тому

    I'm scared shit-less of flying and I want to buy a plane. Twin Otter for me as I think I need the versatility.

    • @PiyushTejwani
      @PiyushTejwani 4 роки тому +1

      I fly a twotter for a living. If you're a pilot, you're going to love that aircraft forever. It is one of the best aircraft I've ever flown and I genuinely enjoy it!!

  • @georgemcqueen6593
    @georgemcqueen6593 4 роки тому +3

    If you are really rich I'll save you 12 mins: Partnerships, Fractional, Lease Back, Own operate outright. The advantages of:
    *Partnership* - you share cost with some loss in availability
    *Fractional* - you get use of other planes so if yours is down for maintenance you have backup, but cost is premium.
    *Lease Back* You own it, let a Part 135 operator pay you an hourly rental to recoup some of your cost, not always avaiable.
    *Own outright* - This has risk but maximize availability, wear and tear on plane. Cost could be lower if airplane doesn't have a big maintenance event, scheduled or unscheduled. If you are owner operator (pilot) and want to fly it, cost are lower, but in the end ALL JETS ARE EXPENSIVE.... See item one.... BE REALLY RICH.

    • @e.r.6147
      @e.r.6147 3 дні тому

      A+ on your summary

  • @varietiesofvideos1653
    @varietiesofvideos1653 4 роки тому +2

    Become a billionare choose the company whose jet you wanna buy and just close the deal 3 simple steps no fuss no muss

  • @charteraprivatejet7624
    @charteraprivatejet7624 2 роки тому +1

    you also charter a private jets

  • @shadowmist1246
    @shadowmist1246 4 роки тому +5

    Fractional does work for some. It is exactly a time share arrangement. The disadvantages of fractional is 1) you have asset on your books, 2) you have very little control over value at the end of the agreement, and 3) it's a rather "socialist" arrangement in that everyone picks up the tab for those who live farther away from the location of the aircraft.

    • @justinsimmonds5674
      @justinsimmonds5674 Рік тому +2

      While fractional ownership may work for some, it is a much more difficult arrangement to get out of than either a fully-owned jet or a membership-based program (like what VistaJet uses). At the end of the day, people with a need for private jet access need to do their research, read the fine-print on any documents which need to be signed and decide what works for them considering the benefits and drawbacks of each approach.

    • @shadowmist1246
      @shadowmist1246 Рік тому +1

      @@justinsimmonds5674 A place like here in Canada, there is no vistajet like company for domestic only flights. Lots of "and we do charter too" companies --- extremely varied quality with very old aircraft with lots of financial pressure to cater to jet owners. We do have Airsprint that gives vistajet like quality and consistency but that is a fractional company.

    • @justinsimmonds5674
      @justinsimmonds5674 Рік тому +1

      @@shadowmist1246 I see… At the end of the day, there are laws and rules which the jet companies have to follow regarding transport of passengers. This makes availability dependent on where in the world you are.

    • @shadowmist1246
      @shadowmist1246 Рік тому +1

      @@justinsimmonds5674 Agreed.

  • @cactusforever7198
    @cactusforever7198 2 роки тому +2

    This Friday big euro lottery Keep fingers cross 4 me lol 😝

  • @johnwick860
    @johnwick860 2 роки тому

    can I choose the female flight attendants? asking for a friend

  • @georgemcqueen6593
    @georgemcqueen6593 4 роки тому +45

    Be really really rich..... saved you 12 minutes. Next.

    • @naughtyUphillboy
      @naughtyUphillboy 4 роки тому +3

      Thanks.........

    • @Heavens-Humanaterian-Army
      @Heavens-Humanaterian-Army 3 роки тому +1

      😂😂😂😂well yes..that sort of need to be a given if your watching this as a serious customer .

    • @diegorios3491
      @diegorios3491 Рік тому

      😂😂😂😂😂 I didn’t wanna see this type of comment & it was the first one

  • @justinsimmonds5674
    @justinsimmonds5674 Рік тому

    I’m at the closest I will ever get to owning a private jet: Owning a 3D-printed model of a private jet lol.

  • @mthunzidube1423
    @mthunzidube1423 4 роки тому

    l am going to buy one not engage in all these other options

  • @timhill9286
    @timhill9286 4 роки тому +2

    If it flies, floats, or fornicates rent it. It's cheaper in the long run.

  • @ashishpatel350
    @ashishpatel350 4 роки тому +5

    Tax avoidence.

    • @justinsimmonds5674
      @justinsimmonds5674 Рік тому

      Quite a few private jets are registered to tax havens. When I see that, it’s rather obvious that the people behind that jet’s operation have loopholed the tax system of wherever they’re actually based at.

  • @cnern4995
    @cnern4995 4 роки тому +1

    Thanks for this informative video. Exactly what I needed during the 'Chinese virus' lockdown. If Interested in fractional sharing a netflix account, holla.

  • @deserteagle4534
    @deserteagle4534 4 роки тому +1

    The fun fact is my cousin owns a private jet while i have only 50000$ in bank. Life sucks.

  • @davidkamen
    @davidkamen 2 роки тому +1

    There is only one proven way of owning a private business jet - have huge amounts of disposable income.

  • @g.o.a.t9804
    @g.o.a.t9804 2 роки тому +1

    Lol, you have to be worth at least 200 million dollars + a salary of atleast 2.5 million a year

  • @teresitacastro219
    @teresitacastro219 2 роки тому

    Jajaja 😸😸😂😸 el niño delas sandalias fantasma okey okey gobernador okey presidente USA Iván okey Omar sol app 😃 pastor tigre genio okey Iván fantasma okey okey Eva okey 😃 Iván Eva okey 😸 Iván jajaja circo

  • @larsthorwald3338
    @larsthorwald3338 Рік тому

    Step 1: Be rich.

  • @aleksandartasic7652
    @aleksandartasic7652 4 роки тому +1

    Best way is not own one at all.

  • @Chodda
    @Chodda 4 роки тому +15

    Triple F - if it flies floats or fucks it's cheaper to rent

    • @davecrupel2817
      @davecrupel2817 4 роки тому +1

      Lmao 😂

    • @Heavens-Humanaterian-Army
      @Heavens-Humanaterian-Army 3 роки тому +1

      But not convenient if you need to travel with little notice and you love designing and decorating your own plane.

    • @chrisbynum4940
      @chrisbynum4940 2 роки тому

      My father told me that.

    • @e.r.6147
      @e.r.6147 3 дні тому

      Except when its not.

    • @Chodda
      @Chodda 3 дні тому

      @@e.r.6147 there is never a situation when it's not.