ARTICLE: HOW TO BUY A PERSONAL JET, PRIVATE JET, or BUSINESS JET

Ever since Bill Lear revolutionized the private jet market with the introduction of his Learjet 23 in 1964, corporate chief executives and wealthy travelers have been flying in style on custom jet aircraft. The business jet has become so common that most passengers are middle management types. In fact, it's now a how to buy a personal jet buyer's market

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Do a cost-benefit analysis before you buy a private personal jet. Aviation experts suggest that 350 to 400 hours of flight time per year usually justifies full ownership of a jet. Otherwise, you should consider fractional ownership.

Consider the hidden costs. Along with a price tag that ranges from $6 million to $50 million for a new private jet, factor in necessities such as insurance, fuel, catering and pilots- who are in short supply. Aircraft management companies will take care of these needs for about $100,000 to $200,000 per year, depending on the size and usage of the jet.

Determine the size and flying range you'll need. Light jets ($3 million to $8 million) can take 5 to 8 passengers roughly 2,000 miles (3,219 km); midsize executive jets executive jets ($9 million to $16 million) can take up to 9 passengers from 2,000 to 3,000 miles (3,219 to 4,828 km); and large executive jets ($17 million to $45 million) can carry 12 passengers more than 4,000 miles (6,437 km).

When you've figured out how to buy a personal jet, contact private jet dealers and ask for aircraft specifications and pricing. Next, look online via private jet dealers, which sell new and used jets, including repossessed aircrafts at deep discounts.

Consider fractional ownership: You purchase a share in a jet plane from a management company (mostly as a tax deduction), then pay a monthly fee and hourly operations and costs. On as little as hour hours' notice, they management company sends out whichever jet is most conveniently located.

Consider renting an aircraft.

A used jet may not be such a great deal. To land at many U.S. airports a jet must be compliant with Stage 3 federal aviation regulations. Converting a private jet to comply with regulations takes several hundred thousand dollars and many months of repair time, as most private jet aircraft repair centers are already backlogged.

Consider buying a VLJ (Very Light Jet) instead. The VLJ iss the newest class of aircraft and is a lot cheaper both to acquire ($1-3 million) and to operate (some as low as $1 per mile). These planes are all less than 10,000 pounds, have 4-6 passenger seats and most can take off and land in less than 3000 feet of runway. This allows them to use the thousands of small municipal airports instead of having to use the larger, busier commercial airports.

How to buy a personal VLJ is either from manufacturers (Cessna, Embraer, Avocet, Adam, Eclipse, Diamond) are scheduled to have their VLJ models certified and produced starting mid 2006 and are taking pre-orders or contact an aircraft dealer on how to buy a personal jet.

As one of the best aircraft brokers we have had aircraft experience in:

Learjet 45 Aircraft

Boeing Business Aircraft

Cessna Citation X Aircraft

Gulfstream V Aircraft

Dassault Falcon 2000 Aircraft

ALL ABOUT PERSONAL JETS OR BUSINESS JETS

Business jet, private jet or, colloquially, bizjet is a term describing a jet aircraft, usually of smaller size, designed for transporting groups of business people. Business jets may be adapted for other roles, such as the evacuation of casualties or express parcel deliveries, and a few may be used by public bodies, governments or the armed forces. The more formal terms of corporate jet, executive jet, VIP transport or business jet tend to be used by the firms that build, sell, buy and charter these aircraft.

Background of the Business Jet
Almost all production business jets, such as General Dynamics' Gulfstream and the Gates Lear Jet (now built by Bombardier), have had two or three engines, though the Jetstar, an early business jet, had four. Advances in engine reliability and power have rendered four-engine designs obsolete, and only Dassault Aviation still builds three-engine models (in the Falcon line). The emerging market for so-called "very light jets" and "personal jets", has seen the introduction (at least on paper) of several single-engine designs as well. Airliners are sometimes converted into luxury business jets. Such converted aircraft are often used by celebrities with a large entourage or press corps, or by sports teams, but airliners often face operational restrictions based on runway length or local noise restrictions. A focus of development is at the low end of the market with small models, many far cheaper than existing business jets. Many of these fall into the very light jet (VLJ) category and are used by the air taxi industry. Cessna has developed the Mustang, a six-place twinjet (2 crew + 4 passengers) available for $2.55 million USD. A number of smaller manufacturers have planned even cheaper jets; the first is the Eclipse 500 which has become available at around 1.5 million USD. It remains to be seen whether the new jet manufacturers will complete their designs, or find the market required to sell their jets at the low prices planned. There are approximately 11,000 business jets in the worldwide fleet with the vast majority of them based in the United States or owned by US companies. The European market is the next largest, with growing activity in Asia and Central America. There is a pre-owned marketplace in which aircraft are bought and sold based on their immediate deliverability because new aircraft orders often take two to three years for delivery. Since 1996 the term "fractional jet" has been used in connection with business aircraft owned by a consortium of companies. Costly overheads such as flight crew, hangarage and maintenance can be shared through such arrangements.

Business Jet Classes
The business jet industry groups the jets into five loosely-defined "classes", Heavy, Super Mid-size, Mid-size, Light, and Very Light

List of Business jets:

Airbus * Airbus A319CJ

Boeing * Boeing Business Jet

Bombardier * Learjet 23 * Learjet 24 * Learjet 25 * Learjet 28 * Learjet 29 * Learjet 31 * Learjet 35 * Learjet 36 * Learjet 40 * Learjet 45 * Learjet 55 * Learjet 60 * Learjet 85 * Challenger 300 * Challenger 600 * Challenger 601 * Challenger 604 * Challenger 605 * Challenger 800 * Challenger 850 * Global 5000 * Global Express * Global Express XRS

British Aerospace (formerly Hawker Siddeley) *British Aerospace BAe 125

Cessna * 500 Citation I * 501 Citation I/SP * 510 Citation Mustang * 525 CitationJet CJ1 * 525 CitationJet CJ1+ * 525A CitationJet CJ2 * 525A CitationJet CJ2+ * 525B CitationJet CJ3 * 525C CitationJet CJ4 * 550 Citation II * 551 Citation II/SP * S550 Citation S/II * 550 Citation Bravo * 560 Citation V * 560 Citation Ultra * 560 Citation Encore * 560 Citation Encore+ * 560 XL Citation Excel * 560 XL Citation XLS * 560 XL Citation XLS+ * 650 Citation III * 650 Citation IV * 650 Citation VI * 650 Citation VII * 680 Citation Sovereign * 750 Citation X * 850 Citation Columbus

Dassault * Falcon 10 and 100 * Falcon 20 and 200 * Falcon 30 * Falcon 50 * Falcon 900 * Falcon 2000 * Falcon 7X

Eclipse Aviation * Eclipse 500

Embraer * Embraer Phenom 100 * Embraer Phenom 300 * Embraer Legacy * Lineage

Grob * SPn

Gulfstream * Gulfstream II * Gulfstream III * Gulfstream IV * Gulfstream V * G100 * G150 * G200 * G300 * G350 * G400 * G450 * G500 * G550 * G650

Hawker Beechcraft * Beechcraft Premier * Hawker 400 * Hawker 750 * Hawker 800 * Hawker 850 * Hawker 900 * Hawker 1000 * Hawker 4000

Hamburger Flugzeugbau * HFB-320 Hansa Jet

Honda Motor Company * Honda HA-420 HondaJet

Israeli Aircraft Industries * IAI Astra * IAI Westwind * IAI Galaxy Lockheed *

Lockheed JetStar North American later Rockwell * North American Sabreliner

Sino Swearingen * SJ30-2 Tupolev * Tu-334

Yakovlev * Yak-40