Executives about to increase their taste for private jets

Today, the business of private jets is very different from what it was back in the 90`s. After the collapse of the sector in the recession, the good customers shrugged to small groups of Asian and Arab billionaires, which updated their private aviation fleet frequently.

The corporative jet purchases were frozen, especially during the recession. The last research is showing good numbers for the business with private jets. For the last year the percentage of private and corporate jets that were sold is growing with 9 % percent. When it comes for choice, the private jet owners have their own criteria’s, but mostly the jet needs to meet the standards for a typical corporate jet.

Overall, the experts argue that luxury is no longer at first place, when choosing a private jet. The most important factor, especially when choosing a corporate jet is the speed. Statistics clearly show that customers prefer the airplanes with higher average speeds. The second factor is the interior and the luxury options the jet is offering. The third factor remains the price. The new technologies are expanding in the market and nowadays the manufacturers manage to assemble a decent airplane on affordable price without compromising on luxury. Typically the clients that order corporate jets are interested to maintain expenses like maintenance and fuel supply to a reasonable figure.

The maximum flight distance and the fuel consumption turn to be an important client requirement, especially if the purchase is for company jets. The possibility of greater flight distance and low fuel consumption normally affects the final price, but the business men prefer to use them because of the advanced features of the aircrafts.

Despite all expenses the corporate jets are back into the game. No matter that recession still has its effect, the corporate jets, at least according to several CEO`s, are one of the best ways to expand your business and to save money and time