A private jet is a time tool, not an investment: it almost always loses value but can pay back through productivity and control. The course delivers the full economics of the decision. First, alternatives to ownership: jet card, fractional ownership, charter, dry/wet lease; when each model is advantageous and how to calculate break-even by flight hours. Aircraft selection: light, midsize, super-midsize, heavy, ultra-long-range, turboprop; range, speed, capacity, runway length, cost per hour; manufacturers (Gulfstream, Bombardier, Dassault, Embraer, Cessna, Pilatus). Purchase: new vs pre-owned, market cycle, pre-buy inspection, escrow, title search, liens, engine/APU programmes (MSP, JSSI), maintenance status. Leasing: finance lease, operating lease, sale-leaseback, payment structure. Ownership structure: LLC, trust, Part 91 vs Part 135, management company, tax aspects (depreciation, bonus depreciation, Section 179 in the US), VAT and customs in the EU, registration (N-reg, 2-reg, M-reg). Operations: crew (pilots, training, duty time), maintenance (A/B/C/D checks, engine overhaul), hangar, insurance (hull, liability), fuel, handling, landing fees. Safety and compliance: EASA/FAA, IS-BAO, SMS, MEL, MEL/CDL. Management: flight department, management company, KPIs, budgeting. Exit: sale, residual value, timing, impact of condition and maintenance programmes. Practice: calculating cost per hour and a full 5-year ownership budget, comparing with charter and fractional.
Thinking…