Air travelers today are treated more like sardines than humans. Major carriers such as American Airlines and British Airways are continuing to reduce legroom. But it’s still possible to find space in the skies as business and private jets give travelers the opportunity to spread out and enjoy their flights.
You deserve it
Air travel shouldn’t simply be about getting from one place to another. It should be a comfortable experience. Not all travelers can have that experience when flying commercially.
Think about the last commercial flight you took. Did you have to duck down as you walked into the cabin? Did you sit at an uncomfortable angle or with your knees at your chest? Was it possible for everyone in your party to bring their carry-on luggage? How was the lavatory? Chances are few of those memories are pleasant.
Private jets allow for a much better experience, especially for taller people who often get crunched on commercial flights. While the average American man is five feet eight inches tall, many CEOs of large companies stand at six feet two inches or taller. Plus, many private jet cabins offer amenities like private lavatories and space for extra luggage for your entire party.
Spatial luxuries
Certainly, a roomy cabin allows travelers to stretch and spread out, but many aircrafts offer much more than space alone: They offer luxury.
The Boeing Business Jet (BBJ) Max 7 is longer than the original BBJ by six feet four inches. This allows roomy standard seating for 19 passengers in two main cabin areas. Plus, it has self-leveling beds and the lavatory with a shower in a private cabin. It’s quite a benefit for long excursions since the jet has a range of up to 7,000 nautical miles.
The Bombardier Global 6000 has a luxurious cabin with one of the longest seating areas and usable floor spaces on the market. Large windows light the cabin naturally, and available Ka-band technology provides super-fast in-flight internet connectivity. Not only are passengers comfortable, it’s also easier for them to be productive. It’s an aircraft many prefer because of the cabin comfort, full galley, and entertainment options, such as a 42-inch TV.
The Bombardier Challenger 850 also offers one of the largest and most comfortable cabins available. It’s easy for passengers to move around the aircraft’s eight-foot-two-inch width. In one floor plan option, forward and aft deluxe lavatories are easily accessible, and an expansive galley — separate and discreet from the main cabin — allows for gourmet in-flight meals.
According to the Business Jet Traveler article, the Falcon 2000EX EASy is another favorite with a spacious cabin. The aircraft can fit three completely flat single beds and one double. Such accommodations make for comfortable flights even across vast intercontinental distances. To pass time, passengers can watch their favorite movies on one of two large TV screens or one of several individual seven-inch screens.
When you’re ready to purchase a new private or business jet, get the amount of space and amenities you need — and deserve. Don’t know what you realistically need? Your private jet partner can help get the additions you need without going over your budget.
Contact L & L International if you need assistance in purchasing or selling a private jet.
You can reach our sales specialists today at sales@L-Lint.com, call us any time at +1 (305) 754-3313, or visit us online.
Business and private jet owners and enthusiasts are always looking for the latest in luxury — and the hottest new technology money can buy. What’s new in the industry? From 3-D printing to biofuel and moving maps, aircraft tech is changing — bringing with it new and exciting updates.
3-D printing
Source: GE Aviation
Sure, you’ve heard about 3-D printed aircraft parts before, but, thanks to advances in additive manufacturing, new turboprop aircraft engines could soon be burning less fuel. Instead of printing parts, GE engineers designed a titanium and steel 3-D printed engine that eliminates the need for hundreds of individual parts. As the number of business and private jet travelers increases, they’ll soon be able to expect 3-D printed jet-engine technologies in their rides, enhancing their flight experiences. With many eyes on the industry in terms of carbon emissions, cleaner and more powerful jets that cause less pollution could be a big draw — and reduced production waste is an added benefit.
Biofuel
In another advanced approach to reducing carbon and pollution, Bombardier Business Aircraft professionals introduced jets that can fly using renewable resources. Four Bombardier aircraft, including a Challenger 350 and 650, a Global 6000, and a Learjet 75, flew to the European Business Aviation Convention and Exhibition (EBACE) in May without using fossil fuels. As the private aviation industry moves toward a more sustainable future — on environmentally friendly fuel that can reduce emissions upward of 70% — could you be flying on biofuel soon?
Moving maps
Love the moving map in your private jet? Many travelers enjoy seeing where they’re at in the air in relation to their destinations, and estimated arrival times help many plan business meetings or outings with friends. But what if you could take your maps to the next level — without the need for more hardware? Gogo and Rockwell Collins teamed up to offer Airshow moving maps, which fliers can view on their personal devices in 3-D, and those already using Gogo’s air-to-ground services can simply download the app on their smart devices.
Want to download the new app or switch to sustainable fuel? Have your sights set on the first turboprop with jet engine technology? No matter which tech you decide to get into first, you can be sure you’ll be among those at the forefront of the industry’s available options. What’ll be next in jet tech? At this rate of evolution, your guess might just be right.
Looking for something new? The expert jet brokers at L & L International are here to help you find the perfect jet. Need to sell your jet? We can assist with that, too. Contact the private aviation professionals online or at +1 (305) 754-3313.
When it comes time to invest in your next private jet or sell your current one, you’re in for a big task. From searching to find the perfect jet and having it inspected to redesigning your interior and choosing a flight crew, your to-do list could get lengthy — and that’s not even considering the sales process for your current jet.
One thing you definitely can’t overlook is finding the right broker. Your broker of choice uses his or her industry expertise to help you find the perfect jet and sell your current jet at a fair price. Your broker can also help you save time during the sales and acquisition processes as well as help you own your next jet faster and easier. But how do you go about finding the right person to help?
Find the right broker
While broker reviews aren’t readily available on the internet like other services, you can start your search by talking to friends, family members, or colleagues. Don’t hesitate to ask for their brokers’ contact information. A pre-established level of trust from a personal recommendation can get you on your way to selling your jet for a fair price and owning your next one faster.
Just because you receive a great recommendation, however, doesn’t mean you should hire that broker immediately. While your friend or colleague may be that broker’s first reference, your investigation into your possible future broker isn’t over. You’ve also got to get references from the broker’s recent customers, learn how long the broker has been in the industry, and find out how many jets he or she has bought or sold among other track record checks on his or her history.
Not all brokers are created equal, so many buyers do better in their jet hunts when they’re partnered with a broker who has their best interests and personal style in mind. These “personality brokers” can move more quickly on purchases due to increased independence and tend to work best with those in the market for high-value jet purchases.
When you find the perfect broker to help you along your way, lock the relationship down with a written agreement. Knowing where you stand and what role your broker will play — and for what price — is invaluable as you prepare to purchase. If you’re selling a jet, not only does this establish the business agreement but it also keeps different parties from marketing the same aircraft. This helps add credibility and trustworthiness potential buyers may be looking for. If you’re buying, the agreement shows your broker your good faith in his or her expertise and solidifies the relationship as well as your broker’s commitment to you and your aircraft.
With insights into the aircraft market, technical expertise, historical knowledge, and transactional skills, a broker can help you better determine your needs and get a fair price on your next jet or for your current jet. A personality broker, though, can also help match your personality and style to make your aircraft purchase meet your needs and budget even more closely, making that broker’s commission fee a little more worthwhile.
The expert jet brokers at L & L International are here to help you find the perfect jet. Selling your jet? We can assist with that, too! Contact the private aviation professionals online or at +1 (305) 754-3313.
To maximize profits, you need to maximize your tax benefits. Owning a private aircraft may appear an unnecessary expense to some, but depreciation rules can make its luxury far more affordable for savvy fliers.
If you’re considering a corporate jet for your business, you should understand the aircraft’s tax value. Not only can you travel privately for business by air but you can also claim substantial depreciation refunds on your asset when you file business tax returns. You just need to meet IRS criteria.
To be considered a justifiable expense, a private jet must be deemed necessary for business. Getting people from one location to another is considered necessary; being overly lavish is not.
Government tax laws help business leaders afford aircraft through accelerated depreciation. Under IRS rules, a private jet has a useful life of five years. Those rules further state that businesses can write off 70% of aircraft costs within the first three years. This is a tremendous benefit you can take advantage of for your business.
Depreciation
Business aircraft depreciate under the Modified Accelerated Cost Recovery System (MACRS). This calculus accelerates the depreciation rate in the first years of ownership. With MACRS, depreciation is taken over a period of five years.
If you don’t qualify for MACRS, you can use another technique called the alternative depreciation system (ADS), which is straight-line depreciation with the same amount taken each year for six years.
Bonus depreciation
Bonus depreciation enables business leaders to deduct an additional 50% of their purchase costs during the first year. The rate will go down 10% each year beginning in 2018. Specific rules apply and rates can be higher, so be sure to go over the particulars with your accountant.
Today’s business decision-makers have many reasons to purchase private aircraft. Convenience is more important than ever, and with tax benefits like these available, a jet could be a very smart purchase for you and your business.
When you’re ready to buy or sell a jet, let the experts at L & L International help. Our sales staff members are available at sales@L-Lint.com, +1 (305) 754-3313, or online.
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.
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.
According to the Forbes article, privatization could reduce operating costs and improve safety and efficiency. Cost savings, however, would likely be based on personnel reductions and improved systems, both of which the government could accomplish.
Several countries have privatized their aviation systems or system components. In Germany and France, government-owned companies manage air traffic; British and Canadian air traffic control is privatized.
Of course, air traffic volume in other countries doesn’t compare with the U.S., in which airlines operated 9.6 million departing flights in 2014. Canada had only 1.3 million commercial flights depart that year. One benefit many cite is that privatization could lead to faster modernization, benefiting all aircraft and fliers. The project, called NextGen, is supposed to increase the nation’s flight capacity and improve on-time arrivals but has been a more lengthy and expensive process than planned.
So, what does this all mean for private jet owners? Should prospective buyers wait until any uncertainty is resolved?
Probably not. There’s no indication that privatizing is a priority for the new administration — even if the president told aviation executives he favors it. Given the complexity of the U.S. system and the FAA success record, it’ll likely be difficult to demonstrate the value in making a major change and expending the political capital to bring it about.
Contact the experts at L & L International if you need assistance purchasing or selling a private jet. You can reach our sales specialists today at sales@L-Lint.com, call us anytime at +1 (305) 754-3313, or visit us online.
When you claim business expenses, they can help you reduce your overall tax burden. Corporate and private jet owners can obtain significant tax benefits from their aircraft ownerships, particularly if they maintain proper usage records.
But not all benefits are readily apparent. Here’s a guide to making sure you recoup all available deductions:
Don’t forget depreciation
Since depreciation is a tax benefit, private jet owners should be aware of the Modified Accelerated Cost Recovery System (MACRS). If you use your private jet for business purposes, MACRS is an avenue to deduct more depreciation costs in the first years of ownership.
The key to MACRS for jet owners is the Protecting Americans from Tax Hikes Act. This is the final year to take full advantage of legislation benefits with up to 50% bonus depreciation available.
The IRS will pare down benefits over the next two years with a phase down complete after 2019. Of course, to be eligible, your jet must be new and you must use it predominantly within the United States for business purposes under IRS criteria.
What is ordinary and necessary?
While the phrase “ordinary and necessary” persists in IRS rulings pertaining to tax deductions, a specific definition is elusive. Chances are if you own a private jet, it saves you time and money. You may work at company with customers in rural areas not served by larger airports. As a company executive, work with your CPA to determine if you can demonstrate that you’ve saved time and money owing a private jet as opposed to relying on commercial options.
For MACRS deductions, at least 50% of the plane’s use must be for business purposes. But there’s a variety of other tests the IRS uses that you should consult your CPA about.
Obtaining tax benefits means you need to ensure you properly document all expenses associated with jet usage. You need to record proper flight logs showing starting and finishing mileage, fuel consumption, and travel purposes. Thorough documentation minimizes the likelihood of the IRS denying deductions.
Business owners should also maintain accurate fuel purchase, maintenance, and other operating expense records associated with corporate jet use. You should provide your accountants with these records on a regular basis as they may need time to draw comparisons with commercial flights for you to take advantage of maximum tax deductions.
Private jet owners should also be aware the IRS will likely deny deductions on businesses consistently showing losses: If you show too many years of losses, the IRS will rule your business is a hobby and, therefore, the expenses not deductible.
Business structure and private jet ownership
Another option to discuss with your CPA is your business structure. In some instances, you may obtain more tax benefits by structuring your business as an LLC instead of an S-Corporation or C-Corporation. Your corporate structure plays a role in your overall tax rate and which deductions you may be able to take, so this is worth exploring.
Private jet ownership allows you to get to your customers on your schedule without depending on commercial flights, particularly since commercial flights are often costlier when you book last minute. When you’re considering purchasing or selling a private jet, you can count on the experts at L & L International: Reach our sales specialists at sales@L-Lint.com, +1 (305) 754-3313, or online.
When your business or personal needs evolve and it’s time to investigate buying a private jet, you need a place to start. How do you decide what’s best? When you evaluate options, aircraft size, style, and quality should all be on your list of considerations. In fact, aircraft size is a great starting point for evaluating aircraft for your business and personal needs.
A perfect jet for every purpose
The three principal private jet categories offer unique benefits:
Small and speedy, these jets can cruise at 500 mph and can carry up to eight passengers. With an average range of 1,500 miles, they’re perfect for crisscrossing the continent on short trips. Their smaller sizes enable access to many of America’s smaller airports, providing quicker direct access to your final destinations without the need for additional transportation solutions.
Jets in this category tend to be quieter and offer smoother rides than larger aircraft, so they’re perfect for nighttime flights. Many also offer well-designed galleys and private lavatories for guest comfort.
2. Midsize jets
Midsize aircraft carry up to 12 passengers and have ranges up to 3,600 nautical miles. Perfect for four- to five-hour flights, these slightly larger jets offer stand-up galleys and enclosed lavatories. One popular entry in this segment is the Hawker Beechcraft’s 800XP, which seats eight and has a range of 2,625 nautical miles.
Designed to provide maximum comfort during longer trips, these top performers can carry larger groups of passengers on transoceanic flights. Depending on manufacturer and design, they can also come with amenities for in-flight catering, state-of-the-art audio and visual systems, and sleeping arrangements. This Gulfstream G-IV SP comfortably carries up to 15 passengers.
These categories provide a great starting point for deciding what type of jet to buy. You may want to consider going one size up from your current needs to ensure enough room for additional passengers. Consider the jet size and style that best responds to your needs for the present and future. Be prepared to face the challenges of tomorrow’s marketplace by ensuring your private jet is exactly right for your and your company’s travel needs.
The experts at L & L International can assist you in determining the perfect jet size and style for your needs. If you need assistance purchasing or selling a private jet, you can reach our sales specialists today at sales@L-Lint.com, call us anytime at +1 (305) 754-3313, or visit us online.
This is a great market for aircraft buyers. Prices are down, there’s an abundance of new and used aircraft available, and it’s affordable to customize and update aircraft. Still, buying an aircraft is a huge commitment, and many buyers want to know whether they should hire aircraft brokers or try to make their purchases alone.
How an aircraft broker can help
An aircraft broker’s job is to help you find the right aircraft to meet your needs. The ideal broker offers benefits, including:
Insight into the aircraft market — A good aircraft broker will have access to a global network of resources for finding the right aircraft. This includes off-market aircraft that might never be listed in sales databases.
Technical expertise — Aircraft brokers have the knowledge and resources to conduct available aircraft inspections and evaluations, according to the Business Jet Traveler article. This includes inspecting flight and maintenance logs as well as evaluating available jets’ physical conditions.
Historical knowledge — True aircraft brokers know the market, including influences and fluctuations that have taken place over time. This historical knowledge allows them to recognize values and negotiate sales based on market changes.
Transactional skills — Buying an aircraft is not an easy task. It usually involves financing, complicated contracts, price negotiations, and sales or use tax considerations. A good broker will have the skills to navigate these transactional details.
Dangers of hiring the wrong broker
A reputable aircraft broker can help you find the right aircraft and successfully negotiate the deal. However, not everyone who claims to be an aircraft broker is reputable. There is no legislation that governs brokering aircraft outside of voluntary aircraft broker certifications through organizations like the National Aircraft Reseller Association.
Message board threads and legitimate aircraft brokers’ websites relay horror stories in regard to improperly handled deals and scams. It’s best to get referrals from people who have purchased aircraft or from trusted professionals in the industry — and always check references. Hiring an aircraft broker can be the best path to jet ownership that meets your needs, but it’s important that you’re diligent in picking a professional and reputable broker.
Contact the experts at L & L International if you need assistance in purchasing or selling a private jet.
You can reach our sales specialists today at sales@L-Lint.com, call us anytime at +1 (305) 754-3313, or visit us online.
The Bombardier Global 6000 has a luxurious cabin with one of the longest seating areas and usable floor spaces on the market. Large windows light the cabin naturally, and available Ka-band technology provides super-fast in-flight internet connectivity. Not only are passengers comfortable, it’s also easier for them to be productive. It’s an aircraft many prefer because of the cabin comfort, full galley, and entertainment options, such as a 42-inch TV.
In another advanced approach to reducing carbon and pollution, Bombardier Business Aircraft professionals introduced 
While broker reviews 
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.
Another option to discuss with your CPA is your business structure. In some instances, you may obtain more tax benefits by structuring your business as an LLC instead of an S-Corporation or C-Corporation. Your corporate structure plays a role in your overall tax rate and which deductions you may be able to take, so this is worth exploring.
Message board threads and legitimate aircraft brokers’ websites relay horror stories in regard to improperly handled deals and scams. It’s best to get referrals from people who have purchased aircraft or from trusted professionals in the industry — and always check references. Hiring an aircraft broker can be the best path to jet ownership that meets your needs, but it’s important that you’re diligent in picking a professional and reputable broker.