Comparison study of buying an airplane, fractional share, jet cardrivate jet charter
UNDERSTANDING THE OPTIONS
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4. Page ii

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Executive Summary

 

ii 

Private Jet Travel: Understanding the Options  

 

 

 

 

October 2003

 

PA developed the key attributes for decision-making by identifying and categorizing 
characteristics (other than pricing and usage requirements) that are, in one form or another, 
common to all business aviation travel options.  A summary table appears on page 4-2 
comparing each program, relative to the others, for each key attribute.  Again, your specific 
needs will dictate what is important to you. 

Usage requirement is defined as an estimation of your annual air travel needs - usually 
measured in flight hours.  Though individual circumstances can and do vary, Whole Aircraft 
Ownership is generally best-suited for those with the highest air travel needs, and Charter the 
lowest, with the remaining options (Fractional, Block-Frax and Block Charter) falling in the 
middle. 

Price is the most difficult of the three factors to summarize.  It is often also the most 
important.  Beyond the obvious obstacles (e.g., pricing differences between competitors or 
among different aircraft sizes), PA has identified five areas that cause difficulty with program-
to-program pricing comparisons: 

1. Program complexity

2. Cost uncertainty 

3. Price opacity in some programs (e.g., hidden charges) 

4. Taxation rules 

5. Your individual usage patterns 

Price

Commitment

Key

Attributes

Complexity

Consistency

Schedule 

Flexibility

Mission 

Flexibility

Usage 

Requirements

Price

Commitment

Key

Attributes

Complexity

Consistency

Schedule 

Flexibility

Mission 

Flexibility

Usage 

Requirements

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"Chartering a plane, either directly from a charter company or through a charter broker, is often the most cost effective way to fly private."

Independent Source: Deloitte Private Wealth, Private aircraft: Flying private makes sense for those with the right information (page 20)
*This website has no affiliation with Deloitte.