Park City Aviators - Your Jet, Your Way
The thought of flying commercial—even in first class and with expedited security procedures—is probably not a prospect that strikes you as appealing. Your flight is likely to be filled to the brim with other passengers, your private conversations may be overheard by those other passengers and airline staff. Most importantly, your time is not your own - it’s on the airlines’ schedule. That’s why 79% of ultra high net worth individuals choose to travel on private aircraft.
However, the more common solution when investing in your private travel—fractional ownership—presents many of the same or similar hurdles as choosing to fly commercial. You’re left with a similar lack of control over how your aircraft is managed. You’ll likely never fly on the aircraft in which you have a share, so customization is out of the question. How about if you want to surprise your loved ones with an impromptu trip to the vineyards of southwestern Europe around a major holiday? Well, you probably won’t be able to do so because of the limitations on peak flight days that also come along with fractional ownership. Just like airlining it, a fractionally-owned aircraft isn’t really yours. You’re still beholden to your management company and the other fractional owners. That’s not luxury at all. That’s ordinary. And that’s neither who you are nor what you desire for your flight needs.
Naturally, the cost of ownership will play a part in your decision. After all, just because you have the finances in place to purchase a private jet on your own, that doesn’t mean that you should. And realistically, there’s a vast disparity in the upfront costs of fractional ownership and that of whole ownership. But here’s a factor that many fractional owners don’t consider: your investment in a shared aircraft comes with far greater depreciation. The resale value of a private aircraft is largely contingent on the number of hours flown. Thus, if you’re sharing an aircraft with multiple other fractional owners, your share will depreciate at 2-4 times the normal rate due to the excessive use of the aircraft. This translates into a substantial loss of the owner’s initial investment. Private ownership minimizes this problem, and proper management of your aircraft can nearly erase it. In fact, Park City Aviators’ management team has proven that it’s actually possible to sell your aircraft for more than you paid for it a few years ago, all thanks to proper maintenance and timing in the market.
Let’s be realistic. Owning your own plane comes with immeasurable perks. You can choose the capacity and capability of your aircraft. You can choose how often to use your jet—and when. You can recoup significantly more of your investment once you’re ready to sell. Of course, owning your own plane is a bigger investment, but not only is this route far more cost effective over the long term, but it provides a level of comfort, security, and freedom of choice that’s priceless.
Even if you’re convinced that owning your own aircraft is the way to go, there’s still the question of which company should acquire and manage your aircraft for you. You’ll want to evaluate this along several factors. What mechanisms do they have in place to ensure the quality of their pilots and crew? Does the company encourage you to be involved with your aircraft as much (or as little) as you prefer? Are you viewed as a dollar value and a statistic, or as a person with unique needs and preferences? Will they charge you hidden fees because they’re aware of your net worth and think you won’t mind or notice?
Park City Aviators is an independently owned company that has provided private aircraft acquisition and management services to their clients for over a decade. Their approach is simple: Your needs take precedence. What this means is that you can rest assured that you’ll fly with consistent pilots and crew with excellent safety records and substantial experience; not just whoever is in your area. It means that if you forget your shoes on the plane, they’ll have them polished and ready next time they see you. It means that their team has decades of industry experience, and is ready to put every ounce of it to work to give you the experience you deserve.
So why does Park City Aviators go the extra mile? Because they genuinely care for their clients. You deserve to be treated well, and so does your money. That’s why Park City Aviators provides authentic experiences, exclusive access to exotic destinations, luxurious accommodations, and a range of customized services for their clients, all on your terms and in your own private jet. Honestly, how can fractional ownership compare?