Insurance is a challenging but necessary component of the aircraft purchase process. If you are an aviation professional, for example, insurance companies typically set the requirements and premiums based on your experience as a pilot and the type of airplane you plan to purchase. While you may want to put off obtaining insurance until the last minute, it will do you good to carry out the task sooner rather than later.
With that in mind, the National Business Aviation Association (NBAA) recently released their Light Business Airplane Buyer’s Guide for 2014. This publication contains important data on light business aircraft that are currently being produced. AINonline reports on what users can expect. Available only to NBAA members, users are able to make apples-to-apples comparisons of new in eight categories of aircraft. Data includes base prices, external and internal dimensions, weight limits, powerplant specifications, operating speeds, and takeoff and landing distances for new production aircraft or those nearing production.
Traveling by private jet is often only regarded as a symbol of influence, financial success, or achievement in one’s field, be it business, entertainment, or sports. Exclusive private jets provide travel comforts not afforded by commercial airline, most notably, high-end amenities, convenience, and of course, privacy.
More than these, private jets also offer their passengers the advantage of saving time. In the world of leaders and decision-makers, this is the most valuable of all resources. As these aircrafts generally don’t need a long runway, owners can use smaller airports that are less crowded, and therefore, are faster to get in and out of.