Like Jolie, Brad and the kids, who have up to $ 35 million in vacation and relaxation in southern France, charter flights inevitably evoke images of wealth, glamor and celebrity. Money nourishes the world of private jets and the prestige of it all adds to the lure.
Indeed, private jets are as common in small US airports as Horseshoe Bend, North Folk Valley, Mackinac Island and Turners Falls, as they are in southern France. These are airports close to the plants, warehouses and facilities of large and small companies. They research, produce and sell products that the world needs and desires. John M. Boyd, director of sales and marketing services at Westchester County Airport in New York, says: "Plant businesses in different places, people who multiply their time by visiting half a dozen plants for a day or two instead of a day a week, they are our backbone, our strength. "More often charter flights are a matter of time. Is time better invested in half a dozen staff preparing to meet a jet with all the comforts of a meeting room at your fingertips or with those staff who are stuck in security waiting to get on a plane or stuck on the runway in favor of air traffic control? For some, time is the most valuable commodity.
The national commercial airline industry took a big hit after 9/11. This was also evident in the aircraft rental business. The Great Recession of 2008 follows, with fuel prices and emissions-related environmental regulations rising. Then came the CEOs of the Big 3 Car Company, who flew executive planes to Washington to ask for taxpayers' bailouts.
"It was the nadir," complained the owner of a small fleet of planes. It was four long years before what had previously been a symbol of ultimate status had a new look. With increasing lines of airport security, the rise of others, confused air routes and delays everywhere, companies have begun to revise chartering. Prices have been reduced. Flight sharing opportunities were plentiful. Social networking plans and campaigns were everywhere on Facebook.
"The private jet industry did not go to its peak in the late 1990s, but everything is better than where we are," said one analyst. The charter industry is really much better now than it was three years ago. According to Private Jet Services, a global private aviation consulting firm, the market prospects for 2015 are predicting steady growth in the private jet market, especially for business use. The report also says that commercial flights are targeted at more seats and less convenience for passengers. Today, charters with six to 150 seats are offered from $ 1,500 to $ 5,000 an hour. Additional costs apply depending on the type of aircraft, airport location and various other related fees and options.
What is the most important consideration of all? Unlike the 500 commercial airports in the US, more than 5,000 are waiting to serve private jets, ensuring that, regardless of the point of arrival or departure, an airport is always nearby. As one analyst noted after comparing the relative costs of commercial and charter flights, "The old saying is still true. Time is money."