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Private Jet Charter

One day, chartering a private jet will be as common as taking a limo to the airport is now. For what was once seen as a luxury is now commonplace. But for the time being, private jet charter is reserved for the well to do and the corporate crowd that sees the value in getting from place-to-place in less time and with fewer hassles.

NetJets, owned by Warren Buffett’s legendary Berkshire Hathaway, is one company that’s working hard to change the world of private jet charter. NetJets sells fractional ownership in their fleet, which includes light cabin jets like the Cessna Citation (Bravo, Citation V Ultra, Encore, and Excel) and Raytheon Hawker 400XP; midsize cabin jets including the Cessna Citation (X and Sovereign), Raytheon Hawker 1000, and Gulfstream 200; and large cabin jets such as the Dassault Falcons, Gulfstream (IV-SP, V, and 550), and the Boeing Business Jet.

For those companies and individuals wanting to ease into the world of fractional jet ownership, without a huge commitment, NetJets offers the innovative Marquis Jet Card. Think of it as the ultimate travel credit card–offering 25 hour increments of flight time. For $109,900, you can have 25 hours of time in a Citation V Ultra. Step up to the Raytheon Hawker 1000 for $169,900, or take the leap to the Gulfstream V for a tidy $339,900. Pretty cool, if you have enough cold hard cash to afford it.

The company also offers fractional interests in pre-owned aircraft, with a minimum 1/16 increment (beginning at 50 occupied hours per year). For $265,000, you could be jetting about in a Citation V Ultra. Of course, there are monthly management and occupied hourly fees to consider.

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