The coronavirus pandemic continues to create uncertainty for air travelers. Business travelers are especially impacted by the changing landscape.
While many of these disruptions are proving to be inconvenient, disruption also spurs innovation. It is still too early to see exactly how COVID-19 will impact travel long term, but we do know that many people are changing the way they think about air travel. For those who travel frequently, it is a great time to explore private aviation.
Perhaps you frequently charter for business or personal travel and now you are looking to take the next step. Aircraft ownership provides unlimited access to air travel. Owning your own jet allows you to fly safely and without restrictions.
Now, perhaps more than ever, is a great time to consider charter or the acquisition of your own jet.
For decades private aviation has been viewed as an extravagance for the elite. While it’s true that jet ownership is luxurious, the optics are changing, particularly in the business realm. Once, shareholders might have seen a business jet as an unnecessary expense, but now many see it as an investment in safety, time and resources.
Business Insider writes, “The decision to fly privately in a post-pandemic world will likely be one based on safety more so than just cushy luxury for those who can afford it.”
Private aviation offers a controlled environment. Not only does this help protect the health of those on board, but it also reduces the risk for the colleagues or clients in the destination city.
Newer private jets can fly longer routes nonstop. In fact, the Bombardier Global 7500 and Gulfstream G700 are able to fly more than 7,500 nautical miles. These advances mean that private jets can now fly routes that once were only achievable by commercial airlines.
Additionally, charter services can also help reduce the cost of ownership. An aircraft management company, like Omni Air Transport, is the best way to offset fixed costs. When a jet is chartered correctly, the additional flying time does not diminish the resale value of your plane.
Many are finding that private aviation for business travel just makes fiscal sense. When human capital is factored into the equation, it is easy to understand the paradigm shift.
Although the Coronavirus pandemic has depressed the global economy, several markets are seeing unexpected growth. The housing market, for example, is booming thanks to low-interest rates. If you are in the market for your first jet or you are looking to upgrade, it’s a great time to buy. Many are choosing to take advantage of low interest rates and low fuel prices. If you are looking for a pre-owned plane, this is especially great news. As jet owners decide to upgrade, the right plane for you may come on the market.
The demand for charters is also expected to grow, meaning if you choose to buy, you could see more opportunities to charter your plane in the months and years to come.
Whether you are a first-time buyer or a seasoned aircraft owner, the right pre-owned jet can provide exceptional value. At Omni Aircraft Sales our team of experienced professionals can guide you through the acquisition process. We start with a needs assessment to identify your travel goals, preferences and requirements. Our team leverages our vast network of industry contacts, online searches and off-market resources to find the best jets as soon as they hit the market.
With Omni you’ll feel empowered throughout the acquisition process. As you consider your options, it’s important to understand acquisition value and long-term ownership benefits. Working with an experienced partner can help you buy, sell or trade confidently. Making the right decision at the right time could position you or your business well when the economy rebounds.
COVID-19 has shown us that flexibility matters. Whether that’s pivoting to work from home, changing how we shop or how we travel, we must continue to adapt as the situation evolves. Our important work must continue and we must find new ways to achieve our business and personal goals. Private aviation is one way we can shift and innovate so that we can continue to travel, explore and connect with others.
Interested in exploring private aviation? Call (918) 836-4050 to learn more about the long-term benefits of aircraft ownership today.