Who owns Global Jet Capital?
Shawn Vick serves as Executive Chairman for Global Jet Capital. Shawn has over 30 years of experience in the aerospace industry as a senior operating executive and as an advisor to private equity.
What is a global jet?
Global Jet is a world-leader in private aviation. Founded two decades ago, the Global Jet family has helped countless generations take to the skies with an unrivalled commitment to excellence. The company is still privately owned by its founders, actively working in the business.
How do you finance a private jet?
Escape Commercial Flight: Three Ways to Finance Your Private Aircraft
- Traditional Loans. No different than your smaller purchases – like houses, cars and boats – your traditional aircraft loan can be a fixed rate or a floating rate.
- Asset-Based Loans.
- Aircraft Leases.
Where is flexjet based?
Richmond Heights, Ohio
Headquartered in Richmond Heights, Ohio, Flexjet is led by Ricci, its chairman, and by Michael J. Silvestro, its chief executive officer. Flexjet is one of the largest fractional private jet companies.
How much is a Global Express jet?
Global Express Cost to Own Acquisition cost for the Global Express is around $12-$14 million, on par with competition such as the Gulfstream GV, but significantly less than other competition such as the Global 5000 which prices around $45-$46 million.
What is the best private jet company?
Top 7 Best Private Jet Charter Companies Reviewed
- 1 – Villiers Jets.
- 2 – Vida Jets.
- 3 – Private Jet Finder.
- 4 – Virofly.
- 5 – Stratos Jet Charters.
- 6 – City Jet Inc.
- 7 – Lucky Jets.
How much is a downpayment on a private jet?
Like any other type of vehicle loan, lenders that provide private jet financing typically require a down payment of around 20%.
How much do you need to make to afford a private jet?
However, they also noted that it will typically cost $500,000 to $1 million a year just to operate a private jet. This means that a private jet owner will probably need at least $10 million in income per year to afford to become a jet setting jet owner.
How much do Flexjet pilots make?
First-year Flexjet pilots utilizing PBS can expect to make over $103,000 per year. A productivity bonus of $5,000 is available for crew members that fly over 220 in a calendar year. Part of your pay includes the tax-free per diem at $42 per day or $8,400 annually – the highest per diem in the industry.
Is Flexjet safe?
Flexjet’s fractional aircraft program is the first in the world to be recognized as achieving the Air Charter Safety Foundation’s Industry Audit Standard, is the first and only company to be honored with 22 FAA Diamond Awards for Excellence, upholds an ARG/US Platinum Safety Rating, a 4AIR Bronze Sustainable Rating and …