The changing circumstances in the world mean that more people are considering private jets to travel around the world. Whether you are planning to fly domestically or internationally, taking a private jet is a serious option that everyone with means should consider.
Even though private jets are associated with luxury and the elite, they are a lot more affordable than people realize. Below is an in-depth explanation of whether traveling by private jet is worth the investment.
If flying luxuriously is the only reason you may consider private travel, you may need to think long and hard about your options. Flying business class or first class is also very luxurious, especially if you are willing to spend a bit more on in-flight meals and other amenities.
One of the ways that a private jet trumps flying first or business class is privacy. There is no way that a commercial airline can grant you total seclusion from the rest of the world while you fly, which is what you can get with a private jet rental. Imagine going on your next business trip or vacation via a private jet. You do not have to interact with a single person outside your immediate circle or the air hostesses. Such a level of serenity and privacy is why so many are happy to bear the cost of traveling by private jet.
Do You Value Your Time?
Everyone has different circumstances when it comes to flying, so that private jets can be truly valuable to some and a complete waste of money for others.
Say you are a business executive who has to fly around the United States most of the year. Imagine the time you spend at airports going through security and waiting to board or disembark from planes. That is time you could be spending working, enjoying yourself, or with your family. If time is valuable, and you do have the means, spending slightly more money each year by renting a private jet may be worthwhile. Your employer may even be willing to partially cover the personal jet expenses depending on your professional position.
In contrast, a retired individual or couple may not have the same time crunch in their lives. If they have to spend an extra hour at the airport waiting to board with the first class or business class passengers, their lives are not significantly impacted. They may also have a fixed income, so saving money would be more important than flying by private jet.
How Many Tickets Are You Buying?
When people compare the cost of private jet rentals to flying commercially, they often assess that expense from the perspective of one or two commercial airline tickets. Comparing the cost of renting an entire jet versus buying one or two airline tickets, even in first class, will always result in a more expensive private jet. However, the difference between the figures becomes a lot smaller if you buy five, six or seven first-class tickets.
Private jets can genuinely save money for families, especially if they value traveling in style and privacy. Also, imagine the lack of stress the flights for your vacation would produce if you were flying with the whole family on a private jet rather than going on a commercial airline.
Those worried that a private jet would cost too much can always save money on other areas of their trip. If you have money concerns, you should create a budget for your vacation. Traveling off-season, staying in hotels further away from downtown, and leveraging deals can help save you a lot of money on your trip.
Share The Expense
Sometimes flying by private jet does not have to break the bank. For example, a father renting an entire jet for his large family’s vacation is very expensive. Still, a group of friends getting together to rent a jet is not a massive financial undertaking.
There are private jets that can seat 10 to 15 people. Say a plane that seats 15 has a cost of $60,000 for a one-way journey. Each person is paying only $4,000 for that experience. First-class tickets for more extended trips can often reach those prices, which is why private jets can sometimes offer solid value to customers.
Have the Experience of a Lifetime
Even if you do not have the means to fly on a private jet consistently, flying this way at least a couple of times is worthwhile. Many private jet companies offer bundles with chartered car services and luxury resorts. Using bundles always saves money, even at the highest level.
Imagine the experience you would have if you flew on a private jet from New York to Los Angeles, as an example. Such a flight is long enough where you appreciate the perks that come with flying on a private jet, such as first-class meals, free champagne, and having ample seat and legroom.
Everyone Determines Value Differently
There is never a good reason for telling someone that they are wasting money if they fly by a private jet. Even if you believe that flying commercially is not much different from a private jet, others may not feel the same way.
Perhaps the convenience of being on a private jet, the privacy of flying alone, and the total cost per seat are worthwhile to that person. You may even have some situations in your life where renting a private jet is a sensible option.