|
Mode
|
Advantage
|
Disadvantage
|
|
Airlines
|
Good
for individual travel, cost effective, no investment
required.
|
Inflexible,
fly on their schedule not yours, delays and cancellations
you have no control over, long lines, crowded airplanes,
stressful, not conducive to working environment, wasted
time, privacy.
|
|
|
Least
expensive option, no cost of capital, no obligations,
good for selection of mission specific aircraft.
|
Specific
aircraft/crew availability or stability. Level of service
may vary from one operator to another.
|
|
|
Lowest
financial option. Cost effective aircraft utilization,
priority access (charter only with prior owner permission),
lower operating costs, tax benefits, stability of crews
and operation. Full command of operations. Locally based.
|
Occasional
schedule conflict. Maintenance down time. Aircraft may
not be appropriate for the mission. (UBJ management
will assist with substitute aircraft)
|
|
Fractional
Ownership
|
Designed
for newcomers to aviation, selection of aircraft, guaranteed
availability, purchase flight hours suited to needs.
Little supervision required. Cost effective for frequent
long distance one way trips.
|
Most
costly. High management fees. Add .2 flight time to
each leg. Not cost effective for those who require round
trip flights or short segments. Buy share in new aircraft
but likely to fly a pre-owned aircraft. Constant changing
aircraft and crews. Aircraft share resale value low,
few share buyers, and difficult to resell.
|
|
Card
Programs
|
Same
as charter, for the occasional user.
|
Most
expensive option. Large Capital commitment at start,
inflated per hour costs. Risk of investment loss.
|
|
Exclusive
Ownership
|
Cost
effective aircraft utilization if utilized frequently.
Full command / priority access (no schedule conflicts),
tax benefits from depreciation, stability of crews and
operation, aircraft resale value high.
|
Not
cost effective for low utilization. Maintenance down
time, aircraft may not be appropriate for the mission,
solely responsible for all expenses.
|
