Tag: luxury jet

Latest Luxuries to Pre-Owned Powerhouses: Many Business Jet Options Are on the Horizon

There’s a lot going on in the private and business aviation industry: Many soon-to-be-released luxury jets are about to enter the market, pre-owned jet prices are stabilizing, and the ADS-B mandate deadline looms. Here’s an overview of what’s happening and what it means for those trying to decide whether to purchase new aircraft, go with pre-owned models, or upgrade their current jets.

New models

Quite a lot of buzz surrounds new luxury jet models coming soon to market. Here’s a taste of what’s on the horizon for those looking to purchase a new high-end aircraft:

Boeing 787 Dreamliner – Source: Boeing
  • Boeing 787 Dreamliner — If you demand nothing less than the height of luxury, the VVIP Dreamliner might be the next jet for you. With the ability to fly nonstop for more than 17 hours, this model provides flyers plenty of time to enjoy its more than 2,400 square feet of cabin space with heated marble floors, a king-size bed, walk-in closet, and full-size shower. If you want to test it out before buying, you can charter this penthouse in the sky for you and 39 of your closest friends for a mere $70,000 per hour.

    Embraer Legacy 500 – Source: Flyingmag.com
  • Embraer Legacy 500 and 450 — Brazilian aircraft manufacturer Embraer’s Legacy 500 and its slightly shorter sister, the Legacy 450, are some of the fastest jets in the midsize and “mid light” aircraft categories, delivering a high-speed cruise of Mach 0.79 to 0.82, respectively. They are some of only under-$50 million jets that feature full fly-by-wire flight controls. The Legacy 450, with a range of 1,300 nautical miles (nm), has a cabin four feet shorter than the 500, which has a 3,000-nautical-mile range. Both feature superb passenger comfort, low turbulence, and low noise levels.

    Gulfstream G500 – Source: Wikipedia
  • Gulfstream G500 — Gulfstream’s long-range, large-cabin business jet is scheduled to enter into service in 2019. Its Pratt & Whitney Canada PW814GA engines reduce fuel consumption as well as cut emissions and noise. It sports 27-inch-wide seats with footrests for extra comfortable rides for as many as 19 passengers and includes a large, fully equipped galley. The G500 has a range of 5,200 nm and offers a state-of-the-art Wi-Fi and entertainment system as well as full digital fly-by-wire flight controls.

    Pilatus PC-24 – Source: Wikipedia
  • Pilatus PC-24 — The PC-24 super versatile jet is the first business jet from Swiss manufacturer Pilatus Aircraft. The 10-passenger aircraft, for which deliveries began in January 2018, has a list price of just under $9 million. Its large aft door can handle standard cargo pallets, it flies as fast as 440 knots, and the PC-24 can fly six passengers 1,800 nm. Buyers can even choose among seven cabin layouts for this area that offer more overall space than its more expensive competitors. In addition, the light jet can use grass, gravel, or dirt runways as well as runways less than 2,700 feet, according to the Barron’s article.

Changes in the pre-owned market

Buyers who are not ready to go all-in on a new jet might want to take a look at the pre-owned market while they still can. Although the pre-owned Gulfstream market has been struggling over the past several years, according to an AINOnline article, an increase in pre-owned sales, decreasing inventories, and stabilizing prices have contributed to its ongoing recovery. For example, less than 4% of Gulfstream G650 and G550 fleets are for sale, which is extremely low compared to recent years.

Inventories for older Gulfstream models, however, such as the GIV-SP and G-V, are still high. In addition, values for the G550, which had been dropping nearly 20% per year for three years, have leveled off. Plus, new tax rules that allow for 100% depreciation during the first year for both new and pre-owned jets will likely boost sales in both categories in the coming year.

For those who plan to acquire a pre-owned aircraft, keep in mind the ADS-B mandate, which requires all aircraft be updated by January 2020. ADS-B Out equipment can be expensive, and slots for performing the upgrades are filling up fast. You don’t want your pre-owned new-to-you jet to lose its value or end up in the scrap heap because of your failure to comply.

Buying a jet, whether the latest model or a pre-owned model, can be a daunting, time-consuming process. To make the best of your next jet purchase, seek out an expert who understands the markets and can help you get the aircraft for your needs at the right price.

The expert jet brokers at L & L International are here to help you acquire the perfect jet.

Need to sell your jet? We can assist with that, too. Contact the private aviation professionals online, by sales@L-Lint.com, or at +1 (305) 754-3313.

Opulence in Private Aircraft Reaches New Heights

High-end private jets deliver unsurpassed comfort in air travel. It isn’t just additional personal space or a little more leg room — it’s the ability to enjoy a quiet, Zen-like atmosphere during an in-flight private massage. Lufthansa Technik offers such services in a customized $150 million Airbus A350 with a built-in spa, which rivals anything you might find on the ground. Arriving at destinations refreshed and ready for business or fun is the ultimate aviation comfort.

Services

From access to private security to parties in the sky — complete with VIP celebrity guest lists — wealth provides access to superior services and amenities. But aircraft interior designs in exceptional jets are worthy of their own special attention.

Source: flexjet.com

Customized living spaces

Private jet ownership offers a whole new world of possibilities. And for the super-rich, imaginations know no bounds. They get whatever they want in the air: They can design interiors to meet all their needs, including lounges, bedrooms, media rooms, and boardrooms. As long as they meet federal safety regulations, specialized design firms deliver opulence the mega-rich crave.

World-famous Armani and Versace designers will provide their skills to help get the most luxury and personalization out of private aircraft. Bathrooms can be as spacious as owners need and even feature steam showers. Palatial private quarters can feature designer furniture, priceless artwork, and king-size beds.

Luxury fittings

With private aircraft, the sky truly is the limit when it comes to luxury incorporated into jet designs. Exotic wood, leather, gold or platinum fixtures, and jewel-encrusted amenities are all available. Fireplaces aren’t unusual nor are grand pianos where talented pianists can hone sonatas or entertain guests. Flawless Wi-Fi is also available via satellite so passengers can watch their favorite television shows on state-of-the-art entertainment systems.

Designs can include custom kitchens in which private chefs can cook meals rivaling those in the world’s best restaurants, and servers can deliver food and drink on the finest China and crystal.

The ultimate luxury just might be installing a garage for your Rolls-Royce like Prince Alwaleed bin Talal ordered for his $500 million customized Airbus A380.

No matter your wildest aircraft dreams, business aviation designers can help you live in the lap of luxury and deliver on your desires down to the smallest specifications.

When you’re ready to take the next step into luxury aviation, the expert staff at L & L International will be there to assist and offer advice. Our sales staff is available at sales@L-Lint.com, and you can call us at +1 (305) 754-3313 or visit us online.