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Being a Knowledgeable Private Jet Traveler
2006 was arguably the apex of the private-aviation industry. At that point, there were more than 75 private jet charter companies operating in the United States. As one can imagine, that number significantly diminished when 2008 brought about changes to the economy. As a result, in order to stay afloat, numerous private jet brokers and aircraft operators began implementing unethical tactics to reduce operating costs and increase profit margins; all at the expense of the client.
RYL recently syndicated a press release that was intended to enlighten private jet travelers as to what to look for when chartering a private jet and choosing a private jet company to represent their best interest. Receiving a great price for a chartered flight should not come with any strings attached, or sometimes, even unknown to the client, a pretty significant disclaimer.
As such, there are several basic features to consider when reviewing and comparing quotes from different jet charter companies:
- Review the quote to see the year of the aircraft being quoted. The year of aircraft can significantly affect the cost of the trip.
- Watch out for recently refurbished aircraft claiming to be entirely new jets. The interior may be immaculate, but the mechanics may need servicing or replacing. And when it comes to flying, safety is paramount.
- Ask if the quoted price includes taxes, specifically a federal excise tax (FET) of 7.5%. Many brokers omit this aspect of the quote when they know the consumer is shopping around with other brokers. This makes their quote seem lower, when in fact it’s probably the same (or even a little more).
- Be cautious of brokers that claim that they own or use their own fleets, or use the term “our jets”. Only those with operational control, such as Operators or Air Carriers have fleets.
- Make sure that as soon as a flight is booked that you receive a third party safety report confirming that the aircraft is in good standing. The report should also state that the aircraft is fully insured.
When working with any private jet broker, it is important to be informed about the choice being made. We at RYL aim to supply information to the private aviation field to better serve our own discerning clientele and any individual looking to charter a private jet for business or personal travel.
I welcome any feedback you may have.
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RYL, LLC is a private jet charter firm who is an agent of its customers.
RYL, LLC is not an air carrier and does not own or operate the aircraft on which its clients fly. All Flights are operated by Part 135 Carriers who must meet standards set forth by the Federal Aviation Administration (FAA).
This is great information.
[...] So the next time you want to charter a private jet, think carefully about what you value most, and then start reaching out accordingly. When you decide to align yourself with brokerage firm, make sure you qualify then by reviewing these important tips and facts: Being a Knowledgeable Private Jet Traveler. [...]