Why Hiring a Private Jet May No Longer Be Available for Just the Super Rich in Years to Come

In recent years, there’s been a rise in the number of people choosing to travel by private jet, rather than commercial flights. At one time, this mode of travel was exclusively associated with the rich and famous, but a number of changing factors have helped to make it a much more viable option for a wide range of passengers.

Here, we’ll look at why hiring a private jet may no longer be available for just the rich in years to come.

Increased competition has made private jets ore affordable

Private jet travel is already becoming more affordable, largely thanks to an increase in competition. There’s been a rise in the number of small private airlines set up throughout the country and they’re cashing in by offering more affordable flights.

These small airlines also make use of “empty leg” offers. These allow passengers to pay a much more affordable rate as the airline looks to fill empty seats. If a private jet is already travelling back from a destination, it makes sense for the airline to offer seats at a lower cost. After all, it’s better for them to get a slightly lower fare, than none at all.

You can even find competitive rates and great empty leg offers from established companies such as Fly Victor Limited.

Passengers can share the cost

Although private jet hire has become more affordable, it’s certainly not within everyone’s budget. However, one way to make it more accessible is to share the costs.

Business passengers in particular are starting to see the benefits of travelling via private jet. Many are clubbing together with other businesses to share flights and cut costs. When you hire a private jet, you aren’t just paying for the seats; you’re paying for the entire plane. So, sharing the cost with friends and family can make it much more budget-friendly.

Some groups of people are even starting to buy private jets, sharing the cost and allowing them to travel cheaply whenever they like.

Overall, the increased competition, empty leg offers and the ability to share the cost, have all made private jet hire more attainable. It’s no longer just the rich and famous who can afford the luxury of private flights. As time goes on, it’s likely private jet travel will become even more affordable and popular with a wide group of passengers.

from Finance Girl http://www.financegirl.co.uk/why-hiring-a-private-jet-may-no-longer-be-available-for-just-the-super-rich-in-years-to-come/