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The Company Jet has made fractional jet ownership possible for a fraction of what you might think. In fact, our hourly flight rate is 40% less than the competition. Our functional rates are as follows:

Bombardier Learjet 40XR ER Purchasing Options

 

100 Program
(
12.5% share)

200 Program
 (25% share)
400 Program
 (50% share)
Purchase Price $1,223,300 $2,446,600 $4,893,200
Monthly Management Fee

$13,250

$26,300

$52,200

Flight Hourly Rate

$1,190*

$1,190*

$1,190*

Allocated Hours

100 hours

200 hours

400 hours

Guaranteed Response 12 hours 12 hours 12 hours
Contract Term

48 months

48 months

48 months


*Current flight hour rate including fuel surcharge and excise tax is $1,797 (Effective July 1, 2010)

The Case for Private Jets by Evelyn Rusli
Forbes.com, 11/25/2009

At the height of the recession, the private jet became the go-to symbol for corporate greed. Pundits and protestors reveled in the irony of auto executvies boarding private jets to Capitol Hill to beg for taxpayer bailouts. As Rep. Gary Ackerman told Detroit's CEO's in November 2009, "It's almost like seeing a guy show up at a soup kitchen...Download PDF

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