Private Jet Charter Is Good For Business
There was a time when travelling by private jet was the preserve of top executives in the largest corporations, but the globalisation of many businesses has led to shift in the economics of not just executive travel, but business travel in general. With many large organisations decentralising to take advantage of the lower costs of operating from regional bases rather than being in major cities where property costs are at a premium, getting managers and executives together for meetings and conferences involves a lot more travelling, as does getting to the customers and suppliers who have also diversified their locations. Add to this the factor that more and more business is done internationally, where companies in those countries have done the same, and you can see the miles involved in the most routine dealings.
The change in the economics of flying all comes from adding up the total costs of a business trip, rather than just the cost of a seat in business class on a schedule. These include:
Total Journey Time
Scheduled flights operate from large hubs, which can be hours away from both the start and destinations of the trip. This uses up the time of the person, and so a four hour trip can take a full day out a person schedule - often more if they have to get up really early to make the check in time. This includes the time needed for checking in and getting through baggage claim and customs at the destination. This means the person is not making money or doing business for the company during that time. For key personnel this could well be money lost to the business.
Because private jet charter aircraft can operate from much smaller airfields, they can use the network of local airports that most countries have. This means a passenger will be able to find a much more local operator, vastly reducing not only the journey to and from the airfield, but avoiding the hassle and time of checking through a terminal with hundreds of other passengers.
Total Journey Costs
Getting to and from the hub airports, particularly if the journeys are quite long, means the transfers can be quite costly. Train and hire car fares can add significantly to the costs of the trip. The longer journey times can also mean overnight accommodation is required, which is a further cost that could be avoided if the flight was shorter and quicker and the return journey could be made the same day.
If a group of staff are travelling, such as a sales team heading off for an exhibition, multiply up the costs accordingly, and before you know it you're approaching the cost of a private jet charter anyway.
Productive Happy Workers
BY taking away the hassles and time commitments of lying through major airports, business journeys on private business jets also make for happier, more productive staff. When you take out the many hours of dead journey time, they get more time at home with their families, more time in their offices doing real work, and get to their meeting feeling fresh and able to cut better deals. If there is a team travelling, many companies actually make the most of the comfortable cabins and conduct meetings during the flights, further increasing the productivity private flights.
When taking all of these factors in to account, hiring a private jet doesn't seem such an extravagance after all. In fact it can make a lot of sense to a business that likes to make money the smart way.
The change in the economics of flying all comes from adding up the total costs of a business trip, rather than just the cost of a seat in business class on a schedule. These include:
Total Journey Time
Scheduled flights operate from large hubs, which can be hours away from both the start and destinations of the trip. This uses up the time of the person, and so a four hour trip can take a full day out a person schedule - often more if they have to get up really early to make the check in time. This includes the time needed for checking in and getting through baggage claim and customs at the destination. This means the person is not making money or doing business for the company during that time. For key personnel this could well be money lost to the business.
Because private jet charter aircraft can operate from much smaller airfields, they can use the network of local airports that most countries have. This means a passenger will be able to find a much more local operator, vastly reducing not only the journey to and from the airfield, but avoiding the hassle and time of checking through a terminal with hundreds of other passengers.
Total Journey Costs
Getting to and from the hub airports, particularly if the journeys are quite long, means the transfers can be quite costly. Train and hire car fares can add significantly to the costs of the trip. The longer journey times can also mean overnight accommodation is required, which is a further cost that could be avoided if the flight was shorter and quicker and the return journey could be made the same day.
If a group of staff are travelling, such as a sales team heading off for an exhibition, multiply up the costs accordingly, and before you know it you're approaching the cost of a private jet charter anyway.
Productive Happy Workers
BY taking away the hassles and time commitments of lying through major airports, business journeys on private business jets also make for happier, more productive staff. When you take out the many hours of dead journey time, they get more time at home with their families, more time in their offices doing real work, and get to their meeting feeling fresh and able to cut better deals. If there is a team travelling, many companies actually make the most of the comfortable cabins and conduct meetings during the flights, further increasing the productivity private flights.
When taking all of these factors in to account, hiring a private jet doesn't seem such an extravagance after all. In fact it can make a lot of sense to a business that likes to make money the smart way.
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