Don’t buy the whole plane

There’s only one shopping day left until Christmas, and you’re in a bind. Like me, you haven’t done any shopping yet. Fortunately, unlike me, you have at least $100,000 to throw down on a present for your wife, girlfriend or both. So, don’t be greedy and hoard all that cash for yourself. Give a friend the great gift of fractional jet ownership. The Flexjet 25 Expert Guide Edition jet card offers access to a fleet of private planes and the opportunity to visit places where the normal people won’t be allowed to bother you.

This is a deal that you seriously don’t want to miss. Lay down your American Express Black card by the first of the year, and you will buy love for the 12 months that follow. For prices that start at $107,900, your friend or relative (Who are you kidding? You’ll buy it for yourself …) can get some art-buying help from Barbara Guggenheim or play get schooled by World Series of Poker bracelet winner Antonio Esfandiari. Culinary, golf and tennis programs are available, too.

Basically, this is your ticket to an absurd level of conspicuous consumption.

TSA Wants to Screen Passengers of Private Jets

The TSA wants to expand its reach to include the 15,000 private and corporate jets and 300+ small airports that are currently outside its jurisdiction. The security agency claims that many of the jets are the same size as small commercial planes and could be used to commit acts of terrorism. They want all private jet passengers and crews to pass a background check before boarding their planes. Private plane owners, pilots and corporate fliers are crying foul. Most call the proposed plan an invasion of privacy and a waste of money.

But whose money would it be wasting? According to the TSA, 85% of the $200 million per year it would take to fund the screening will come from fees charged to the jets’ owners and operators. The proposal does not include physical screening. Passengers and crews would have to provide ID and give their name and birth date. The TSA will most likely subcontract out the work to security firms that specialize in background checks. The proposal, which is more than 200 pages long, states that frequent fliers will only have to pass the background check once.

Source

Poor Puff Diddy Daddy forced to fly with us commoners

Rising fuel prices are a major pain for most of us, but you just know things are going sour when even the super-rich have to give up their private jet and travel on a commercial airline.

Puff Daddy/Diddy/P.Daddy/P.Diddy/Puffy
has decided that the cost of a private jet trip from L.A. to New York is just too high, even for him ($200,000 r/t), and he will be joining us on scheduled commercial flights for the time being. So, next time you are sitting up front on American Airlines, keep your eyes open, perhaps you’ll catch some of the bling!

Instead of whining, he’s even trying to fix the situation, and has made a video clip for his “brothers and sisters in Saudi Arabia” asking for some free oil for his jet. He’s also asking us to tell the next president to lower gas prices. I’m sure that will go a long way to getting rid of these horrible fuel surcharges.

(Warning: video clip contains some strong language, and may not be suitable for younger viewers or readers at work)

Talking travel with an insider of the personal jet industry

Bob Knebel is vice president of sales for Flexjet, a subsidiary of the jet-maker Bombardier which sells shares of private jets to frequent fliers. This is a relatively new trend in the marketplace. He’s here to give a glimpse into what actually goes on in the world of ultra jet-setters.

For owners of private jets, is the airport process totally different from what we commoners have to bear? Can you go straight onto the tarmac and lift off?

First, and foremost, it is important to know that security at general aviation airports is taken as seriously as it is at the larger commercial airports … and always has been. That said, a passenger will go through a brief identification/security screening process by the Fixed Base Operator (the base of operations for business jets transiting through this airport), and then again with the crew flying your aircraft. The entire process is personal, and much quicker than that at a commercial airport. And, yes, depending on the particular airport policies, in many instances you may drive your car on to the ramp, making the job of loading your luggage directly on to your aircraft just that much easier.

I’ve seen quite a bit of advertising for private jet vacations. Is this something you’re seeing–hop-scotch trips through Eastern Europe or South Asia by jet, for instance?

Flexjet recently launched a new advertising campaign and through our research we found most of our customers use their private jet primarily as a business tool and not so much a glamorous perk. It’s an investment in productivity and their most valuable asset: time. Certainly some will use their private jet to accomplish a special vacation trip that would not otherwise be possible within their time constraints, or through areas which might offer less-than-reliable commercial travel options.

Tell us a bit about the Flexjet 25 program. Does this make private jet travel accessible to previous first-class travelers? For what kind of crowd has fractional jet ownership become affordable?

Flexjet 25 jet cards offer the highest form of pain relief for travelers who have spent countless hours waiting at the airport for delayed or canceled flights. They give travelers a way to sample private aviation without assuming ownership of a plane, and offer an excellent opportunity for those interested in fractional ownership as a way to test out private aviation without the commitment. (Although, I must say, after flying private few go back to commercial travel.)

Additionally, what is unique about the Flexjet 25 Jet Card program is that it allows customers to purchase flying hours in 25-, 30- and 35-hour increments in our Bombardier Learjet 40 XR, Learjet 45 XR, Learjet 60 XR, Challenger 300 or Challenger 604 aircraft. Here are some additional key benefits:

If you could “borrow” one of the Flexjet jets, what would be your ideal around-the-world itinerary?

I would travel to the world’s most difficult to reach destinations, places which offer unique learning experiences and opportunities to create life-long memories for my family.

Do Flexjet jets come with a service staff? Do fliers still have to go through those annoying safety demonstrations? Are the flight attendants at least prettier?

All of our flight crews are selected not only for their excellent experience and strict adherence to safe operating procedures, but also for their “servant’s heart”. Our largest aircraft, the Challenger 605, includes a flight attendant as a full-time member of the crew. They are the most professional, in terms of both appearance and demeanor, in the sky. Safety demonstrations are required by the Federal Aviation Administration, and we do our best to make sure they are brief, and delivered in a respectful manner.

What are the three emerging markets you’re seeing for luxury travel?

  • Entrepreneurs who have recently sold their company.
  • Highly compensated executives who no longer have access to the corporate fleet for their personal travel.
  • Business owners looking for a safe and reliable means for creating more time with family.

For the uninitiated, would you go over the different models you guys offer? Is there a type of flier that goes with each jet?

Bombardier Aerospace, the world leader in business aviation, designs, manufactures, maintains and operates every aircraft in the Flexjet fleet including the Bombardier Learjet 40 XR, Learjet 45 XR, Learjet 60 XR; and long-range Bombardier Challenger 300 and Challenger 604 and 605 jets.

How much is the growth in private jet ownership? Are our skies going to be absolutely clogged with these air taxis in 10 years?

Despite the current economy, the fractional ownership industry is growing and, according to data from the Federal Aviation Administration, demand for Flexjet’s fractional shares is growing faster than it is for the industry as a whole. In 2003, we had 10% of the total fractional aircraft market and by 2007 that number has grown to 20%. This year Flexjet has experienced growth in revenue and flight hours of more than 15% over last year and we have seen even more significant growth in orders in that period.

As for the potential for the air taxi market clogging the skies, we believe this is not likely. Business aircraft tend to utilize smaller airports, which do not have the saturation problem found at larger commercial airports. In addition, today’s business jets are equipped with sophisticated navigation equipment which enables them to fly more directly to their destinations. And, finally, the air taxi market is still an emerging concept, and the overall acceptance of the concept by potential customers is yet to be proven.

Private Jet Market Hits Europe

Although the U.S. accounts for 3/4ths of the world’s business jet fleet, a start-up aims to make inroads in Europe, according to the Financial Times. Hopefully coming in 2009, JetBird will be based in Switzerland, and offer Europe’s first low-cost, on-demand private jet service. The youthful founder, Domhnal Slattery has a pedigree, having gotten his start in the industry under Tony Ryan (Ryanair).

JetBird hopes to compete with business-class prices, and come in at half the price of the industry’s biggest operator, NetJets (owned by Warren Buffett).

They claim the market is there: Europe is home to a larger population than the U.S., and there are 2.8 million individuals with assets exceeding $1 million dollars (compared to the U.S.’s 2.9m).

The best part, if you can afford it? They’ll wait for you, if you’re stuck in traffic getting to the airport.