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Posted: 2/13/2024 10:32:17 PM EDT
[#1]
Terribly useful and a huge tax write off, makes good business sense in a lot of occasions.
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Posted: 2/13/2024 10:32:41 PM EDT
[#2]
If you fly enough and have the $$, not having to deal with airport security and all the BS of terminals would be nice.
That said, I haven't been on a plane since about '92 But if you own a plane, you charter it out for 99% of the time to make the money back. |
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Posted: 2/13/2024 10:33:59 PM EDT
[#3]
If had that kind of "fuck you money", I would own a private jet merely so I can say "fuck you - look at my private jet" and wouldn't care about the costs.
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Posted: 2/13/2024 10:35:01 PM EDT
[#4]
That, of course, is entirely dependent on the passenger. All three, individually, and in any combo.
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Posted: 2/13/2024 10:37:37 PM EDT
[#5]
Charter or own? Private flights might be pretty practical depending on the circumstances. Buying a $20-80million Gulfstream strikes me as probably being more expensive than necessary for most people.
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Posted: 2/13/2024 10:38:42 PM EDT
[#6]
I've only known a couple people that fly private. One has "fuck you money" let's go horse shopping. The other is a business that have locations all over the west. They can hit two or three in a day with their staff instead of dealing with the time waste of commercial travel.
And somebody like Taylor Swift, it's not like getting on a Southwest flight is really a viable option. |
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Posted: 2/13/2024 10:40:57 PM EDT
[#7]
Quote HistoryQuoted: Charter or own? Private flights might be pretty practical depending on the circumstances. Buying a $20-80million Gulfstream strikes me as probably being more expensive than necessary for most people. |
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Posted: 2/13/2024 10:41:42 PM EDT
[#8]
There is a cost analysis. At a certain point high high earning individuals hourly value crosses the point to where going to the airport going through security doing all the bull crap it's cheaper to fly private whether you're chartering or buying a private airplane. Very few people cross that threshold. But some people have screw you money and they would rather fly private so it all really depends on the individual it's not one size fits all.
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Posted: 2/13/2024 10:42:29 PM EDT
[#9]
Quote HistoryQuoted: Charter or own? Private flights might be pretty practical depending on the circumstances. Buying a $20-80million Gulfstream strikes me as probably being more expensive than necessary for most people. Can be very practical. Throw 6-8 dudes in a mid-size jet to an out of the way airport, say Telluride, and It may be more efficient with similar costs when you figure air + ground transfers. |
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Posted: 2/13/2024 10:42:31 PM EDT
[#10]
Quote HistoryQuoted: If you fly enough and have the $$, not having to deal with airport security and all the BS of terminals would be nice. That said, I haven't been on a plane since about '92 But if you own a plane, you charter it out for 99% of the time to make the money back. I thought the appeal of owning was having a jet ready to go in a couple hours with a phonecall. |
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Posted: 2/13/2024 10:45:38 PM EDT
[#11]
We just got rid of our company jet.
It was awesome if you needed to get somewhere that day and back or if you wanted to hit a number of sites in a short period of time. But the costs associated with owning it don’t work out anymore. |
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Posted: 2/13/2024 10:50:14 PM EDT
[#12]
I'd be like Tony Stark
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Posted: 2/13/2024 10:53:08 PM EDT
[#13]
I’ve never flown on a private jet, but I have flown on VIP aircraft with senior military. Walk out to the airplane, sit down and you start to taxi. Priority takeoff and you’re on your way.
No X-ray scanning,TSA, etc. it was so efficient it was crazy |
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Posted: 2/13/2024 10:56:03 PM EDT
[#14]
Big companies often require it for the CEO’s safety but owning a jet looks bad politically so they mostly charter.
At the CEO level the time and privacy benefits make it a good financial decision vs. flying commercial business/first. Wife has been on a few of those flights, completely different experience to airline flights. I’ve only done it once. If I could afford it I would never fly commercial again. |
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Posted: 2/13/2024 10:58:41 PM EDT
[#15]
I’m sure Jesus would fly private if he was around today. Totally. All about that efficiency.
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Posted: 2/13/2024 11:00:20 PM EDT
[#16]
I flew once as a guest on a King Air. It was handy and quick and convient in away commercial airlines could not match.
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Posted: 2/13/2024 11:00:44 PM EDT
[#17]
Quote HistoryAh the brief period when that fictional universe wasn't dominated by shrill feminist fanfiction writers. |
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Posted: 2/13/2024 11:03:45 PM EDT
[#18]
Not as baller as owning a transcontinental railroad.
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Posted: 2/13/2024 11:08:32 PM EDT
[#19]
Quote HistoryQuoted: Didnt know this part. I thought the appeal of owning was having a jet ready to go in a couple hours with a phonecall. One of the most successful folks I know splits his jet 3 ways. He's first gen wealthy and very conservative, so a couple hundred hours per year split between his golfing/banking buddies works out well. |
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Posted: 2/13/2024 11:09:03 PM EDT
[#20]
Quote HistoryQuoted: Not as baller as owning a transcontinental railroad. 
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Posted: 2/13/2024 11:12:55 PM EDT
[#21]
Back in the day. We were wheels up every Friday.
Hit two to three of our major markets and back in Bham at the FBO. Start in Bham, hit Memphis, Nashville, Chattanooga and back to BHM. Repeat GA, repeat FL. You go from arriving to being in ground transportation 10mm. Upon return, pilots have pre-flighted, from getting out of ground transport to being in the air again 10mm to 15mm. If you have never flown in a private jet aircraft, you just don't know. It's at a whole different level. If I was rich, I'd have a jet. |
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Posted: 2/13/2024 11:14:12 PM EDT
[#22]
There's a business in a rundown stripmall in CA that's mocked up to look like the inside of a private jet for instathots to do photoshoots that's booked six months out at hundreds an hour.
OTOH Taylor Swift makes so much money that's dependent on travel it would be silly for her not to own a jet. |
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Posted: 2/13/2024 11:16:09 PM EDT
[#23]
If I had the money I'd travel via private passenger tran so that everyone could see me shine.
AKA "private varnish " |
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Posted: 2/13/2024 11:16:15 PM EDT
[#24]
In the mid 90's I worked for Annheiser-Busch. They had 2 or 3 jets. August Busch was a pilot himself and would often take off and land. Several times when at a meeting location the jets were flying in and out picking up and dropping off execs for meetings. I was involved with the meeting setups and such. We were in Palm Springs, Beaver Creek, CO. And other high end resort areas around the country. Best job I ever had. Stayed in the best places and everything was paid for, room, meals, bar tab,etc.
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Posted: 2/13/2024 11:16:28 PM EDT
[#25]
Quote HistoryQuoted: Didnt know this part. I thought the appeal of owning was having a jet ready to go in a couple hours with a phonecall. Quote HistoryQuoted: Quoted: If you fly enough and have the $$, not having to deal with airport security and all the BS of terminals would be nice. That said, I haven't been on a plane since about '92 But if you own a plane, you charter it out for 99% of the time to make the money back. I thought the appeal of owning was having a jet ready to go in a couple hours with a phonecall. Everybody has a budget... |
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Posted: 2/13/2024 11:18:27 PM EDT
[#26]
Quote HistoryQuoted: There's a business in a rundown stripmall in CA that's mocked up to look like the inside of a private jet for instathots to do photoshoots that's booked six months out at hundreds an hour. OTOH Taylor Swift makes so much money that's dependent on travel it would be silly for her not to own a jet. I should buy a scrap private jet, Gove the interior a refresh and rent it for photo shoots... |
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Posted: 2/13/2024 11:20:44 PM EDT
[#27]
Quote HistoryQuoted: Back in the day. We were wheels up every Friday. Hit two to three of our major markets and back in Bham at the FBO. Start in Bham, hit Memphis, Nashville, Chattanooga and back to BHM. Repeat GA, repeat FL. You go from arriving to being in ground transportation 10mm. Upon return, pilots have pre-flighted, from getting out of ground transport to being in the air again 10mm to 15mm. If you have never flown in a private jet aircraft, you just don't know. It's at a whole different level. If I was rich, I'd have a jet. |
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Posted: 2/13/2024 11:20:52 PM EDT
[#28]
Hubby’s boss has several aircraft. The biggie is the Gulfstream. It’s the family car. Seriously. Two kids, four dogs, mom and dad, the nanny and the chef… and extraneous hanger’s on periodically.
The guys have a hell of a time keeping it clean. |
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Posted: 2/13/2024 11:20:56 PM EDT
[#29]
Quote HistoryQuoted: Charter or own? Private flights might be pretty practical depending on the circumstances. Buying a $20-80million Gulfstream strikes me as probably being more expensive than necessary for most people. It's not like that 20 to 80m just evaporates. That plane will likely be in service long after the owner no linger has use for it. Many also charter them out when not using them. |
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Posted: 2/13/2024 11:23:36 PM EDT
[#30]
Quote HistoryQuoted: I’ve never flown on a private jet, but I have flown on VIP aircraft with senior military. Walk out to the airplane, sit down and you start to taxi. Priority takeoff and you’re on your way. No X-ray scanning,TSA, etc. it was so efficient it was crazy I rode in a black C-130 and they let me take explosives and guns on board. |
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Posted: 2/13/2024 11:23:42 PM EDT
[#31]
When I was growing up, my Dad's law firm had a twin-prop that could seat 7-8 people. It was pretty cost effective for him at the time, and turned 4-6 hour driving trips into 1-2 hour flights.
Wasn't bad when he'd tie a family trip into some depositions either, lol. |
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Posted: 2/13/2024 11:23:57 PM EDT
[#32]
Quoted: How much of an important busy person do you have to be when owning your own jet makes real sense? It depends on how much your health is of value to you. If you want to die like a dog because a master baiter in the next seat never stops coofing, then whatves, save the money. For most well-off people, flying a turboprop is practical enough though. A jet burns more fuel and is not necessarily faster. I think a swept wing jet area starts somewhere in 100 million net worth, or at an undersecretary. Of course any government bureaucrat will try her hardest to get in early, so this is just speaking realistically. |
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Posted: 2/13/2024 11:25:01 PM EDT
[#33]
If you buy slightly used is there a lot of depreciation if you own it for ten years?
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Posted: 2/13/2024 11:25:02 PM EDT
[#34]
Day to day - Depends on what you do
Zombie Apocalypse........ |
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Posted: 2/13/2024 11:27:01 PM EDT
[#35]
Getting picked up to fly into ANY of the SEC home stadium airports for a football game is amazing.
Those airports would be totally FULL with aircraft. As in looking like a mall parking lot. Then when the game is over, fly out, go to some other city for dinner and then fly back home. The vast majority of people will NEVER know that level. |
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Posted: 2/13/2024 11:30:16 PM EDT
[#36]
Quote HistoryQuoted: Getting picked up to fly into ANY of the SEC home stadium airports for a football game is amazing. Those airports would be totally FULL with aircraft. As in looking like a mall parking lot. Then when the game is over, fly out, go to some other city for dinner and then fly back home. The vast majority of people will NEVER know that level. |
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Posted: 2/13/2024 11:32:53 PM EDT
[#37]
For perspective, when I travel it's usually from Phoenix to the SF Bay area, and a fast single or light twin prop plane
(not even turboprop) beats a commercial jet in terms of time spent. For short/medium haul flights the time spent traveling to the airport, in security and waiting to board/boarding is a huge percentage of the total time (often 50% or more.) That time gets cut way down when you fly private/chartered, especially when you can fly out of little feeder airports. |
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Posted: 2/13/2024 11:33:16 PM EDT
[#38]
Quote HistoryQuoted: Didnt know this part. I thought the appeal of owning was having a jet ready to go in a couple hours with a phonecall. I know several people that own jets. For each of them, it's 100% about convenience. Not a one of them has it for status. They all have so much money they don't need to show off a jet for that. |
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Posted: 2/13/2024 11:33:32 PM EDT
[#39]
I have flown on a friend of a friend's twice. No TSA. No lines to board. Landed at smaller executive airports and taxied to the waiting limo. No waiting for luggage, no fat farts squeezing you enroute. We actually got work done during the flight.
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Posted: 2/13/2024 11:34:57 PM EDT
[#40]
Quote HistoryQuoted: Big companies often require it for the CEO’s safety but owning a jet looks bad politically so they mostly charter. At the CEO level the time and privacy benefits make it a good financial decision vs. flying commercial business/first. Wife has been on a few of those flights, completely different experience to airline flights. I’ve only done it once. If I could afford it I would never fly commercial again. Many major companies charter the plane from themselves via another smaller company that they own that owns the plane. My company does. |
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Posted: 2/13/2024 11:35:19 PM EDT
[#41]
How about, " Honey, what's for lunch in Paris?"
How about following the seasonal fishing bite, Northern Hemisphere and then Southern Hemisphere? How bout dat? |
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Posted: 2/13/2024 11:38:36 PM EDT
[#42]
If it fucks flies or floats rent it….
Not an expert 
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Posted: 2/13/2024 11:38:45 PM EDT
[#43]
At a certain level of wealth you sit around and go ... what could I buy ... what could I buy .... and knowing you could buy anything.
You get several homes, boats ... and at some level airplanes and yachts big enough to land a helicopter on. 
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Posted: 2/13/2024 11:39:36 PM EDT
[#44]
When I was at Pfizer they had a private jet that carted the grunts around among facilities in Michigan, NY, and Conn.
Overall less expensive and less time wasted than taking commercial flights. GM responded to congress critter bitching about their private jet by sending their CEO in a car convey to D.C. to testify about their fiscal crisis. It's pretty much a two day round trip by car from Detroit to D.C. I hate GM, but does it make any sense to have your CEO in a car for two days when a private jet would have taken care of testifying in an afternoon? Besides the blatant hypocrisy of congress bitching about about a private citizen spending private money on travel. |
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Posted: 2/13/2024 11:39:46 PM EDT
[#45]
Quote HistoryQuoted: Terribly useful and a huge tax write off, makes good business sense in a lot of occasions. And not having to deal with the bullshit and people on commercial flights……priceless! |
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Posted: 2/13/2024 11:40:37 PM EDT
[#46]
Quote HistoryQuoted: Wow. What kind of business was this and why did you need to be physically in these locations? Retail stores. Want to go see what someone is doing in CO? Or CA or NY? Beechjet 400. |
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Posted: 2/13/2024 11:44:25 PM EDT
[#47]
I charter several times a month and travel commercial several times a month. Just depends on location or timing how I fly.
Commercial I use a king air or jet, depending timeframes and where I’m going As much as I love flying charter out of an FBO , sometimes charter is just not worth the money to me. Sometimes I need to fly with 4-6 hr notice, so sometimes Charter is my only option. I am NOT the typical rich person on this site, I can not afford to own my own jet |
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Posted: 2/13/2024 11:44:53 PM EDT
[#48]
I own two posted here before. I’ve never sat in one of them. They are all flying charter, if I want to use it we just trade ours with other operators or owners. If it’s regional I fly myself, if it’s international I still fly commercial. If you don’t fly a minimum of 150 hours a year to 200 hours a year it’s only beneficial as a tax strategy to own without leasing.
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Posted: 2/13/2024 11:48:50 PM EDT
[#49]
Quote HistoryQuoted: Retail stores. Want to go see what someone is doing in CO? Or CA or NY? Beechjet 400. |
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Posted: 2/13/2024 11:52:21 PM EDT
[#50]
Quote HistoryQuoted: I've been witness, but never party. It is a different level when you get to say 'we're a little late, but the jet waits on me.' Quote HistoryQuoted: Quoted: Getting picked up to fly into ANY of the SEC home stadium airports for a football game is amazing. Those airports would be totally FULL with aircraft. As in looking like a mall parking lot. Then when the game is over, fly out, go to some other city for dinner and then fly back home. The vast majority of people will NEVER know that level. I've done party level. Not even close to high level party and it was still awesome. Flying in and getting suite level on the 20 yard line is amazing. |
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