| Small piston engined airplanes are the
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| | needs to pay rental if the aircraft is
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| most popular among enthusiasts who wish
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| | parked in the local airport.
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| to own their own airplane. Flying as a
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| | For a company with multi-million dollar
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| hobby or just for pleasure is very
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| | turnover, this may be a necessity as they
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| popular all over the world mainly because
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| | would be using the aircraft all the more
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| they are safe and easy to fly and
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| | frequently in the course of their
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| maintain. Such aircrafts are owned by
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| | business, flying quite a few hundred
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| people from all walks of life - bank
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| | hours annually. But for smaller
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| employees, architects, engineers, doctors
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| | companies, although they can afford to
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| and lawyers.
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| | buy such an aircraft, they need to think
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| Many pilots do not own an airplane, but
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| | if such an additional expense is
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| they rent them from the local airports,
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| | necessary considering their actual use.
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| paying only for the number of hours they
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| | A private jet can be chartered for an
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| fly. If a small plane is rented for day
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| | year's use of around 30 hours of actual
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| for a family outing, it would cost the
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| | flight for about $100,000 and the
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| pilot only about $100 per hour and the
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| | aircraft of your choice will be at your
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| actual flying time may not exceed one to
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| | beck and call till you complete the 30
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| two hours at the most.
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| | hours of flight or one year, whichever is
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| Most small airplanes cost about the same
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| | earlier. This works out very economical
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| as an expensive car. Used aircrafts are
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| | for companies that do not need the
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| much more economical.
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| | aircraft very often.
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| When it comes to larger aircraft, it is a
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| | And then there is the Fractional
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| different story. The smaller jets cost
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| | ownership scheme where several companies
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| around $1.50 to $2.00 million making it
| |
| | join up and purchase an aircraft, and
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| beyond the reach of hobbyists and
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| | share the maintenance and other expenses
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| pleasure seekers. Typically such
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| | equally, and paying for the actual flying
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| aircrafts are owned by Multinational and
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| | hours at cost. This will work out
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| "Fortune 500" companies, and of course
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| | economical for companies who may require
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| film stars, top sportspeople and the
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| | using the aircraft more often.
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| like. Flying and maintaining these
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| | To own or to charter a Private Jet
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| airplanes is expensive. A pilot needs to
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| | depends entirely on the financial
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| be permanently employed and the company
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| | position and the actual need.
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