Luxury Aviation

A major impact of the pandemic is the sending of commercial aviation into total lockdown, outright bans and travel restrictions which has resulted in putting movement across the world on hold

We at Luxury- properties provide you not only the means of travelling by air, land and see, we also offer you our residential clubs, destination clubs and service apartment services to give you the comfort of getting all your trusted services from your trusted partners.

Owning an entire plane may not be affordable for many but that is no reason to be able to enjoy our Luxury flights. We have different programs that put flying in our luxury jets within reach.

Aviation Programs

Fractional-ownership: Unprecedented Access to Private Air Travel.

Designed for those who fly 50+ hours per year, fractional jet ownership allows you to purchase equity in a specific Luxury jet. Your allocation of hours is dependent upon how much of the jet you own. Fractional ownership provides access to multiple cabin sizes, while our team of aviation experts handles every aspect of your travel experience using a personalized approach.

As a share Owner of a jet, your Peak Period Days will not exceed 10 days a year. Travel on those high-traffic days is still guaranteed with as little as 48 hours’ notice. Costs are predictable for the entire term of your contract.
Should you decide to leave the fractional program after your minimum-commitment term, we can offer  you guaranteed liquidity with the repurchase of your jet share.

What is Fractional Private Jet Ownership?

Fractional ownership provides almost all the same tax advantages as full aircraft ownership, minus the burdens of hiring a crew and arranging maintenance and storage, among other things. We sell shares in our aircrafts, then handle the operational and maintenance demands. Shares come as small as 1/16th of a jet for 50 hours of flying, and as large as an entire plane offering 800 hours of flight time a year. You may even share the use of aircraft larger or smaller than the one in which you own a share, adding to fractional ownership’s flexibility and appeal.

Fractional Jets Overview

When you buy a fractional jet share you are paying for part ownership of a specific plane. You will be allocated an amount of time in the aircraft. This usually ranges between 50 – 400 hours of flight time per year. The number of hours depends on the size of the share.

As our fractional jet programs have whole fleets of aircraft, you’re unlikely to be using “your” plane each time you fly.

At the end of the program’s term (usually five years), you may sell your  shares of the aircraft back to the us . This final sale price is dictated by the marketplace price for the aircraft. 

Fractional Shares

The operating time for a fractional plane is usually based on 800 hours a year, That means we expect our  aircraft to be flying for 800 hours each year. The smallest fraction is typically 1/16th equivalent to 50 flying hours per year. The other common ownership fractions are:

  • 1/8 = 100 hours
  • 1/4 = 200 hours
  • 1/2 = 400 hours

Is it for me?

Buying a share is typically a 5 year commitment, sometimes with shorter periods available, so if you expect your travel needs to vary significantly over this period it may make sense to look at our other options.

Costs

The costs involved in fractional jet ownership can be broken down into four categories.

  • Initial capital fee, or acquisition cost, which varies based on the type of plane and the size of share you buy. A share in a light jet would start at about $350,000 for 1/16th.
  • Monthly maintenance fee, an amount that includes the pilot’s salary, insurance, maintenance and the cost of keeping the plane in a hangar.
  • Occupied hourly fee, which covers fuel, maintenance and in-flight catering whilst you’re onboard the jet.
  • Miscellaneous, includes fuel surcharges.

The initial costs can vary from a few hundred thousand dollars for a 1/16th share in a small jet, to several million dollars for a 1/4 share in a large business jet. The costs are split in a linear fashion, so 1/8 is twice as much as two 1/16’s, with no real discount for buying larger shares.

Alternatives

There are several alternatives to fractional jet ownership, these include:

  • Outright Ownership
  • Aircraft Leasing
  • Fly cards
  • Open fleet charter cards and/or membership
  • Aircraft charter

Our Luxury Jet Advantage

Program Aircraft Guarantee

If you fly on a non-Luxury aircraft for more than five percent of your utilized hours, those hours will be credited back to your annual allocated hours for the following year.

Multiple Aircraft Use

Depending on your ownership level, you may use up to five aircraft in one day. Multiple-use benefits are based on the total number of share hours you own rather than share size within a single aircraft.

Fractional Jet Lease

 

Exceptional benefits. Unmatched flexibility.

LEASE A Jet! In Europe leasing, a jet is very common. This model has been shunned by many banks and financiers. Until Now! Similar to leasing a car we are exclusively offering our unique leasing of Jet, Yachts or Cars program.

 

Our flexi-lease was designed for moments when options are important and flexibility is necessary. Whether you are flying for business or pleasure, our aircraft leasing program offers the advantages of purchasing a jet share, without owning the entire jet.

Our flexi-lease jet leasing options start at 50 annual hours. Similar to fractional ownership, you have access to our closed fleet through our interchange program.

 

MULTIPLE WAYS TO FLY WITH ALL-INCLUSIVE PRICING

Fly card is the optimal solution for those who fly fewer than 50 hours per year and prefer a short-term commitment. With multiple fly card options available, your ownership is personalized, making it the ideal travel solution for your unique needs. Simply pay a fixed, upfront fee that includes the total charge for all your flight hours.  Then enjoy the exceptional service and ultimate convenience of our flights.

 

Fly Card

Minimal Initial Investment. Maximum Flexibility.

Fly with ultimate freedom. Ideal for those who fly fewer than 50 hours per year, the fly card allows you to choose between multiple aircraft types and offers access to highly trained pilots and crews, all without a long-term commitment. Whether you’re looking to diversify your private jet options portfolio, supplement your existing aircraft or find the perfect gift for a colleague or loved one, a fly card presents the options you need and the choices you want.

 

Fly card Program

Now enjoy more of our fly card program’s best feature: Freedom. The Fly card is a superior alternative to charter that delivers immediate access to a cutting-edge aircraft fleet, all without an upfront capital investment or long-term commitment.

 

About our Fly Card Program

The major components of the fly card program include:

  • Initial Deposit: Prepaid base hours multiplied by the hourly rate of the primary aircraft type plus a Federal Excise Tax of 7.5%.
  • Instant Purchasing Power: Add flight hours on demand to accommodate changes to your travel needs.
  • Aircraft Flexibility: Choose from several aircraft types to accommodate your range and passenger needs.
  • Inclusive Pricing: From flight time to pilot’s fees, everything is included in your flight-hour rate.
  • Superior Service: Fly card travellers have access to highly trained and experienced pilots and cabin crews.
  • Short Call Out Time: As a Fly cardholder, book a flight with as little as 24 hours** advanced notice.
  • Fuel Component Adjustment: Added to the base hourly rate to account for monthly fluctuations in the cost of fuel.

 

Short-Term vs. Long-Term Commitment

One of the biggest differences between fly cards and fractional ownership is the length and level of commitment. fly cards offer less commitment and flexibility compared to fractional ownership programs.

 

Fly Card Program: A Short-Term Commitment

With our Fly Card, your overall commitment is minimal. There is an upfront cost to becoming a member of the Fly Card Program, but in comparison to the cost of fractional ownership, the monetary commitment is nominal. As a Fly Card member, you pay for hours as you use them. With guaranteed hourly rates on an as-you-need-them basis, the Fly Card program provides a flexible solution that will make sense for you no matter how much or how little you fly.

 

Fractional Ownership: A Long-Term Commitment

Even though fractional ownership provides less of a commitment than whole aircraft ownership, owning a share of an aircraft is still a significant commitment. With a fractional ownership program, you’re typically committed to five years of ownership for a fraction of a plane based on how many hours you’ll need to fly. For someone who knows exactly how much they’ll need to fly for the next five or more years, that’s not a big issue, but many can’t predict their travel needs that far into the future.

 

Fractional Fly Cards

A closed fleet or fractional fly card is a popular method of experiencing the benefits of private aviation. You get to fly on some of the latest, well maintained, consistent aircraft, without having to commit to the large investment or length of time that fractional ownership or whole aircraft ownership requires. Fly cards give members access to prepaid blocks of flying time hours, with 25 hours being by far the most common size. 

 

How a Fractional Fly card Works

Our fractional fly card is a sublease of a fractional jet share. They are sold as prepaid hours of an occupied flight time from 5 hours to 50 hours. Options of types of aircraft are available from light jets through to large and heavy jets.

Fly card members can book aircraft 24×7 and usually with 8 to 12 hours notice on regular days. Peak travel days, such as major holidays, always require more notice time, since demand is higher on these days. Rates for such periods might bee higher. As you fly, your flight hours are debited from the prepaid amount at an agreed rate for the type of plane you’re flying in.

 

Charter Flights

Our charter flights allows you to make use of a given plane for a given journey without any other long term commitment. There are hundreds of aircraft available for charter, covering all sizes of planes from single engine turboprops to large executive jets.

 

The Advantages of Air Charters

If you only fly on private planes a few times a year, then chartering is usually the most economic option. You simply pay for the journey you make, with the major cost factors being the type and age of the plane and the distance travelled.

With so many planes available you can choose exactly the type of plane that fits your travel needs, whether it’s a light jet to take a handful of people to a meeting 700 miles away or a larger jet to fly across the continent.

 

The Downside

One disadvantage to jet charters, as with any sort of private flight arrangement, is that it can get very expensive. If you fly more than 20 hours a year on private planes it’s worth starting to look at alternatives such as Fly cards or Fractional Ownership.

Also, you have to take into consideration that aircraft demand will be higher at certain times of the year. Usually during peak travel periods, you will be competing with prominent individuals and families who charter, and you’ll be competing with fractional fleets, who use the best charter aircraft to supplement their own fleets at peak times. In particular the fractional fleets make sure that they use only the best charter aircraft, so that their owners who are paying top dollars are not disappointed. Given all this, the availability of aircraft may be limited at these peak times.

 

The Costs

The costs of chartering vary depending on aircraft, geographical location, time of the year, time of booking and service provider. Some example base price ranges per flight hour are:

  • Turboprop        $1,400 – $2,750
  • Light Jet           $2,400 – $4,100
  • Mid Jet             $3,900 – $6,000
  • Super-Mid Jet   $5,200 – $6,900
  • Heavy Jet         $6,000 – $13,000+

These are the base starting points and there are always additional items that will be added to your final charge. When you receive a quote from our finance department, make sure it includes all the following charges – landing fees, fuel, fuel surcharges, catering, taxes, ramp fees and any applicable overnight expenses for the crew. If a suitable plane is not available at your local airport you may be charged a repositioning fee to bring the ideal plane to you, and if you’re only flying one way you’ll probably have to pay the “empty leg” costs of the plane flying back to its base.

 

Membership Clubs

We offer “open fleet” or jet charter cards to meet the flying needs of our members. Our “open fleet” fly card uses our available jets  which are free to meet the flying needs of members who do not have fractionals or leasing ownership with us.  Hence the “open fleet”, it’s potentially open to any available aircraft.

 

Features of Member Charter Cards

Member charter cards  are deposit based, in which you simply put down a deposit, typically starting at $50,000 or $100,000. When a member requests an aircraft, Luxury aviation then supplies the required plane from our fleet. Members pay agreed flat hourly rates for flight time which are deducted from their deposit. These locked in hourly rates vary according to aircraft size and potentially whether a trip is one way or round trip. The deposits are fully refundable.

 

Who Should Use One

Member charter cards primarily benefit people who do not fly a fixed number of hours every year. They provide a lot of flexibility and unique benefits which have contributed to their popularity. These include no long term contracts and no monthly management fees. They allow individuals or businesses to maximize their productivity and improve their image, without tying up large capital amounts in executive aircraft.

 

Why Luxury Jets

  1. Time saving – this is one of the most significant reasons for using Luxury Jets. Depending on your program you can have an aircraft ready in just a few hours. You can arrive at the airport just minutes before your scheduled departure time, fly directly to your destination (without any layovers), make productive use of your time on-board, avoid overnight stays (saving hotel $ as well as time), avoid waiting in lines at the airport, land at over 5,000 airports in the US alone and so be closer to your destination. All of this can provide significant savings in both productive time and in dollars.
  2. Productivity – the time savings above provide significantly more productive time, both on-board and before and after your flight. You and your staff can make the most of the travel time to talk business or work with customers, suppliers or partners.
  1. Convenience – There are over 5,000 airports in the US that private planes can use (vs 500 airports for larger commercial aircraft). This means you can often land closer to your true destination. In the summer of 2006 the ban on liquids caused all sorts of inconveniences for people flying commercially, but private flyers avoided all this. Private planes also mean that you can travel with your special belongings such as instruments, sports gear, product samples or bring your pet in the cabin.
  1. Flexibility – Jets can be available at a few hours notice and can wait for you if you’re running late. It’s even possible to change flight plans in mid flight if necessary.
  1. Quality of service – Luxury Jets provide luxury furnishings, plenty of space, individualized attention, and your preferred food and drinks can be ordered ahead of time.
  1. Family time – spend more time with your friends and family by reducing travel time and not having to spend as many overnights away from home.
  1. Privacy – you can hold meetings and make productive use of your time, without being over heard. Your overall travel will also be far less visible when you’re on a private plane, so helping preserve the secrecy around important negotiations or deals.
  1. Reduced stress – without the lines, waiting, lost luggage, transfers, delay concerns or security issues of commercial flights you’ll be a lot more relaxed.
  1. Image – a Luxury jet projects a well-run, efficient, successful individual or organization, that values time and can afford private air travel.

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