Have you ever wondered how your competitors can afford to own business jets? Would it surprise you to know that owning a jet has many benefits — even for owners of small businesses? It does. Of course, it can also be a lot of fun to own a jet — especially if you happen to be the pilot — but, even if fun has no bearing on your need to purchase a jet, several other factors might influence your decision. Why should you own a jet?
- Owning a jet can allow you and your sales team members to be more efficient. Many organization leaders who also own jets conduct meetings in the air. Individuals who fly on private jets often use the time to work or prepare for meetings. Time-saving benefits also include faster trips to multiple locations and less time spent dealing with long lines, layovers, and delays at commercial airports.
- You’ll have more freedom to move about. Private jet owners have access to around 5,000 aviation facilities around the U.S. This includes many remote locations where commercial airlines — which are limited to about 50 airports in the U.S. — cannot land. You can also choose to bring your family along or even combine business and pleasure without worrying about vacation travel planning logistics.
- Owning a jet enhances customers’ confidence in your business. Customers view businesses whose leaders own their own aircraft as being more innovative in business and stronger in corporate governance and responsibility. Your clients see a private jet and immediately envision a larger, more well-controlled and successful business.
- Business-owned aircraft can be a more financially responsible corporate travel method. Aircraft ownership tax benefits are one means of increasing your financial responsibility, especially as it relates to corporate travel. However, owning aircraft can streamline finances in many other ways. For example, when compared to commercial airline ticket costs, hotel stay prices, and additional travel expenses, many company leaders find that the cost of owning a company jet is much more cost-efficient.
Owning a private jet is no longer just for large corporations. Thanks to affordable aircraft prices and the benefits owners of small and medium-sized businesses derive from aircraft ownership, many find that buying a jet is a good investment.