WHO OWNS EXPENSIVE PRIVATE JETS?

Private jets come with a high price tag—who owns these powerful planes?

A private jet is often seen as an expensive luxury product—and this is true. These planes can come with all of the bells and whistles to provide a unique luxury experience during travel. For those who don’t want to fly with the general public, a private jet can be a much-needed luxury. Let’s explore who owns private jets.

COMMON PRIVATE JET OWNERS

Though anyone can technically own a private jet, the reality is that this is not a purchase that most people make. Private jet owners often have a very specific need for this particular investment. There are some people who are more likely to purchase a private jet than others. Let’s explore a few of the more common owners.

BUSINESSES

Without question, one of the most common private jet owners is businesses. Large businesses might invest in a private jet to help their employees get from one location to another—or to help facilitate business deals in other areas.

When a business invests in a private jet, it generally means that they have a high need for transportation. This might be because they need to transport individuals who will face hassles during standard travel or because it is a more cost-effective solution.

CELEBRITIES

Online, there is plenty of photographic evidence of celebrities enjoying time on their private jets. When you can’t go anywhere without being recognized, it can lead to a lot of unnecessary stress during travel. Since many celebrities have to travel on a frequent basis, it can be best to have their own private space to make the experience more comfortable.

INDUSTRY LEADERS

All around the world, people are changing industries in many key ways—and most of them travel quite a bit. The average industry leader will find themselves traveling to make business deals, coach classes, or give speeches. These individuals can rely on private jets to make their travels a more pleasant experience, allowing them to manage their demanding scheduling needs.

ANYONE WITH A HIGH NET WORTH

Private jets do come at a high price tag, which is why most people do not own them. However, the majority of people who do own them have a high net worth and enough disposable income to justify this kind of purchase. There are no limitations on who can buy a private jet in most circumstances.

THE TAKEAWAY

If you are considering investing in a private jet to make your travels more comfortable, you need to work with a private jet company to make managing your new plane easier than ever. Owning a private jet can be a wonderful opportunity, but it does come with a fair bit of maintenance. Having a dedicated team to help with your private jet can make it a much more positive experience. To learn more about how we can help you to get the most out of your travels, contact us today.