Does Buying A Private Jet Stack Up For A Business?
Ultimately, the financial case for buying a private jet comes down to bottom-line. Will the purchase make the business more competitive and productive; will it save on business travel costs? These are all questions that need to be answered by the individual company concerned, making an unequivocal answer difficult to supply. Indeed, when all the numbers are known, it may be more cost-effective and efficient not to buy outright, but to charter. Certainly, as scheduled air travel becomes more protracted and expensive, the benefits of private jet travel are easy to appreciate in terms of executive productivity alone. Another question to consider is the type of travel your business needs to conduct. If it is mainly UK domestic and short-haul European flights this could make the financial case harder to demonstrate than if there is a substantial amount of Transatlantic or long haul flights in the diary as well. A factor that’s less tangible and quantifiable is the impact having a company je
