Charter a Jet – Smart Ways to Justify the Cost to Your Board of Directors

Today’s business environment has certainly taken a nosedive in recent months. Company assets are being sold off, belts are being tightened, and pennies are being pinched.

You still need to travel to conduct business as a CEO. Without the use of a company jet, you’re faced with flying commercially. Whether or not you answer to a board of directors and/or shareholders, you may be wondering yourself if it would pay to charter a jet for your next business trip.

Here are some facts to convince you it’s a smart thing to do:

Time Spent Driving To & From Airports

There may be airports closer to your office and meeting destination that commercial flights can’t access but charter flights can. This would mean saving traveling time on the ground before and after your private flight.

Time Wasted at the Airport

You will be standing in a number of very long lines when taking a commercial flight, such as check-in lines, security lines, boarding lines, and even food lines.
You may be subject to flight delays, missed connections, or cancelled flights when flying commercially.
If you have meetings set up in multiple cities and you’re on commercial flights, then multiply the number of potential headaches and amount of time lost.

All of these situations could, for the most part, be avoided when you charter a jet.

Meetings in Various Locations

You will have additional hotel charges and extra meal costs due to overnight stays when visiting multiple cities via commercial flights. When you charter a jet, you will be able to shorten the multi-destination trip.

Your Time in the Air is Completely Your Own When You Charter a Jet

It is almost impossible to conduct any type of meaningful business when flying first class (and truly impossible with coach). The time you spend in the air flying commercially will be non-productive for you. Not so if you charter a jet.

What is your time worth as the CEO of a multi-million or even billion dollar company? If you have never put a price on your time, you should do it soon. Figure out how much you make per hour based on your annual salary. Then add up how many hours you spend on average at airports, in the air, and additional travel time needed when you fly commercially. Compare that to how little time you would spend if you were to charter a jet. You’ll discover your time is worth more than you thought.

Be smart and prove to your board of directors, your shareholders, and even yourself how much your time is worth. Charter a jet for any future business that requires you to travel by air and do so without feeling guilty.

Remember This When You Decide to Charter a Jet

Don’t think that all private jet charter companies are created equal. Some are better than others when it comes to price, pilot experience, plane choices, and safety ratings. Go with a broker when you decide to charter a jet. A good private jet charter broker should be able to give you instant, no-obligation quotes from a number of jet charter companies. The broker should be able to secure a jet that is sized appropriately for the number of people in your party. The broker should have safety guidelines in place that meet and even exceed what is required by law and they should only deal with jet companies who meet those guidelines.

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