Blog: Nicholasair.com FLYING PRIVATE – WAYS IN WHICH YOU CAN ENJOY THIS AMAZING LUXURY Flying private is generally considered to be the epitome of luxury travel. The chance of enjoying utmost privacy, highest quality services, user specific flight scheduling and a means to avoid the hassles of commercial flying – together these happen to be a dream comes true for every traveller. Now we all know that dreams can come true if you have enough money to finance them. Private jet ownership offers many interesng opons for you to experience the luxury for yourself. Let us look at the more affordable ways in which you can fly private. Flying clubs Clubs will reduce your cost of ownership and provide a social aspect to your flying. Remember, you'll sll need to schedule as if you're renng a private jet, but generally a club will limit the number of members per aircraﬅ... usually around six. Also, there are high insurance costs involved in the transacon but these are usually distributed amongst all club members. Fraconal Ownerships This format offers most of the benefits of being in a flying club without the restricons of geographical boundaries. The management responsibilies are outsourced to a management company and while this is convenient, it can be costly. The system also calls for the planes to be replaced ever couple of years which increase the depreciaon expenditures as well. Aircraﬅ leasing A form of partnership with a bit more structure, professional management and a revenue stream to offset the cost of ownership – this format happens to be one of the most preferred and popular opons in the market out there. There are many tax benefits to enjoy as well, which will certainly make the deal even more lucrave for you.

Flying Private – Ways In Which You Can Enjoy This Amazing Luxury

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Blog: Nicholasair.com

FLYING PRIVATE – WAYS IN WHICH YOU CAN ENJOY THIS AMAZING LUXURY

Flying private is generally considered to be the epitome of luxury travel. The chance of enjoying utmost privacy,highest quality services, user specific flight scheduling and a means to avoid the hassles of commercial flying –together these happen to be a dream comes true for every traveller. Now we all know that dreams can come true ifyou have enough money to finance them. Private jet ownership offers many interesting options for you to experiencethe luxury for yourself. Let us look at the more affordable ways in which you can fly private.

Flying clubs

Clubs will reduce your cost of ownership and provide a social aspect to your flying. Remember, you'll still need toschedule as if you're renting a private jet, but generally a club will limit the number of members per aircraft... usuallyaround six. Also, there are high insurance costs involved in the transaction but these are usually distributed amongstall club members.

Fractional Ownerships

This format offers most of the benefits of being in a flying club without the restrictions of geographical boundaries.The management responsibilities are outsourced to a management company and while this is convenient, it can becostly. The system also calls for the planes to be replaced ever couple of years which increase the depreciationexpenditures as well.

Aircraft leasing

A form of partnership with a bit more structure, professional management and a revenue stream to offset the cost ofownership – this format happens to be one of the most preferred and popular options in the market out there. Thereare many tax benefits to enjoy as well, which will certainly make the deal even more lucrative for you.

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