joleb
Posts: 248
Joined: Wed Oct 01, 2003 12:01 pm

Corperate Jet Prices?

Thu Feb 12, 2004 5:29 am

does anybody knows standard prices of corperate jets?
from learjet till BBJ
 
BeltwayBandit
Posts: 474
Joined: Tue Mar 11, 2003 4:25 am

RE: Corperate Jet Prices?

Thu Feb 12, 2004 6:21 am

New jets will soon be available at $3 million, and they go up to $40 million+ for a Gulfstream GV, Global Express and Boeing BBJ.
 
EMBQA
Posts: 7798
Joined: Sat Oct 25, 2003 3:52 am

RE: Corperate Jet Prices?

Thu Feb 12, 2004 6:30 am

The Embraer Legacy runs 25-27M. But that is painted, interior and ready to go.........!!!!!
"It's not the size of the dog in the fight, but the size of the fight in the dog"
 
desertjets
Posts: 7591
Joined: Fri Feb 18, 2000 3:12 pm

RE: Corperate Jet Prices?

Thu Feb 12, 2004 6:32 am

If you have to ask, you probably cannot afford it.
Stop drop and roll will not save you in hell. --- seen on a church marque in rural Virginia
 
mopac
Posts: 196
Joined: Fri Sep 19, 2003 12:05 am

RE: Corperate Jet Prices?

Thu Feb 12, 2004 7:10 am

For the occasional trip from JFK to LAX?  Yeah sure

You have to remember that acquisition costs for corporate jets typically pale in comparison to the operating expenses (mx, fuel, hull insurance, hanger, crews, crew training & benefits, power by the hour progs, etc.) over a period time.

If visions of grandeur are still eating away at you then do some googles on the aircraft you want to know about or have a peak here:

http://www.aircraft.com

There are lots of options for corporate flying today, outright purchase being one of the less popular.
 
wingnutmn
Posts: 494
Joined: Thu Jan 08, 2004 10:27 am

RE: Corperate Jet Prices?

Thu Feb 12, 2004 7:26 am

ALOT! buy yourself a used 737 sitting in the desert somewhere at around 1-2 mil. retro-fit it with new engines, and extended range fuel tanks 2-3 mil., fancy interior 1 mil, flight crew $200-300 thousand. saved money in your pocket $30 mil. Thats how much a 737BBJ costs

Wingnut
Any landing you can walk away from is a good landing! It's a bonus if you can fly the plane again!!
 
jetstar
Posts: 1376
Joined: Mon May 19, 2003 2:16 am

RE: Corperate Jet Prices?

Thu Feb 12, 2004 7:37 am

737BBJ's run about $52-55 million complete with interior, paint, avionics and long range tanks.

A 737BBJ2 is about 62 million.

 
DeltaJAX
Posts: 328
Joined: Wed Jan 30, 2002 8:22 am

RE: Corperate Jet Prices?

Thu Feb 12, 2004 12:09 pm

The Safire jet is set to come out soon, it's new price will be 1.4 million. There are many new light jets coming out, like the Cessna Mustang.

http://www.safireaircraft.com/purchaseinfo.html
 
G550
Posts: 28
Joined: Thu Feb 05, 2004 2:42 pm

RE: Corperate Jet Prices?

Thu Feb 12, 2004 12:20 pm

The Gulfstream G550 is listed at over $50 million but Procter and Gamble just purchased one for $44.7 million.
 
emiratesa345
Posts: 2045
Joined: Thu Jun 05, 2003 10:11 am

RE: Corperate Jet Prices?

Thu Feb 12, 2004 12:47 pm

This month's Airliner World magazine features NetJets. What you do is buy a share of an airplane, and with this share, you are guaranteed a certain amount of flight time. If another share holder needs the aircraft, they will provide you with another similar airplane, or a better one.

Seems like the cheaper alternative.


http://www.netjets.com

EmiratesA345 Smile/happy/getting dizzy
You and I were meant to fly, Air Canada!
 
G550
Posts: 28
Joined: Thu Feb 05, 2004 2:42 pm

RE: Corperate Jet Prices?

Thu Feb 12, 2004 1:52 pm

The problem with Netjets is that there is a liability issue associated with the aircraft. Say you buy a 1/4 share of a G-IV. Your name as well as the other 3 shareholders are placed on the aircraft title. Most of the time when you go fly in "your" aircraft you are not in the actual aircraft that you purchased but rather the same model of aircraft that you purchased. If there is ever an accident involving the aircraft with your name on it, you could be named in a lawsuit after the accident, even if you were not flying in the aircraft.
 
Guest

RE: Corperate Jet Prices?

Thu Feb 12, 2004 4:50 pm

The "Netjet" concept works well for those who fly 250 hours (+/-) per year or less. Fly more than that and it's definately cheaper to own and operate your own. (The average bizjet is flown about 450 hours per year.) There are also some liability issues as was mentioned above, but that's what insurance is for. The main issue seems to be the residual value of the aircraft when it comes time to end the partnership. A lot of owners are finding out that a used Citation with 15000 or 16000 hours isn't worth a lot of money.
 
BeltwayBandit
Posts: 474
Joined: Tue Mar 11, 2003 4:25 am

RE: Corperate Jet Prices?

Thu Feb 12, 2004 10:50 pm

Liability issue is not likely to influence a decision. You have more liability putting your sales guys in rental cars than in a business jet. Insurance and extraordinary safety history make it manageable.
 
ANA
Posts: 291
Joined: Wed Feb 04, 2004 10:05 pm

RE: Corperate Jet Prices?

Thu Feb 12, 2004 10:52 pm

BBJs also suffer when you try to resell because no airline wants a hybrid 737. Get an ACJ instead.

Anders
 
joleb
Posts: 248
Joined: Wed Oct 01, 2003 12:01 pm

RE: Corperate Jet Prices?

Fri Feb 13, 2004 3:21 am

DesertJets >>> Who said I can't afford one? I am seriously considering a part in Netjets so in the end I do own an aircraft!


Question: is there any website which has the prices of planes stored in the desert who are for sale? perhaps a 727?

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