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NetJets: The Sky is the Limit

Posted: Mar. 28th, 2008  |  By JustLuxe TeamThe Affluent Lifestyle Guide
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Luxury Aircrafts: NetJets has been a leader in fractional jet ownership since 1986, providing its customers with the many benefits of owning a private aircraft but at a fraction of the cost. With the largest fleet available, individuals and businesses alike can be up in the air with as little as four hours notice.

For many people, the cost of owning a private aircraft simply doesn't outweigh the benefits. You have to purchase the jet, which costs millions. Then you have to maintain it, which costs thousands. You have to hire professionals to staff the jet -- a pilot, for instance, is a necessity, and also very pricey. The jet has to be in the right place at the right time for those who need it. If it isn't, then you'll have to move it -- costing thousands in fuel, maintenance, staff, etc.

Common belief is that owning a private jet only makes sense if you are moving a group of people around frequently and at the same time (e.g., a board of directors or group of high-paid executives), and the cost of flying each of them negates the cost of operating the jet. NetJets has made it possible to fractionally own a private jet for a "fraction" of the cost -- the best part is that you get to enjoy the benefits of private jet ownership without the responsibility of maintaining, hangaring or staffing it.

NetJets fractional shares start at just $396,875 for 1/16 interest, which is equivalent to 50 hours of annual flying time, in a Raytheon Hawker 400XP. To get an idea of the savings, a pre-owned Hawker 400XP typically sells for more than $5 million. Go to NetJets

For LxM Amy Covington
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