In a special column written for the Professional Business & Financial Network (PBFN)-a Web-based organization that serves professional athletes—Shaircraft CEO, James Butler, answers the question, “Which [Private Air Travel] Investment is Right for You?”
Having advised a number of professional athletes, Butler understands their hectic and demanding lifestyles. Citing the benefits of private air travel-flying when you want to, access to 5,500 airports in the United States, no long security lines, privacy and peace of mind, Butler explains that “[M]any professional athletes consider private air travel for themselves and their families-not as a luxury, but rather as a necessity.
Butler then describes the various investments-fractional ownership, fractional jet cards, block charter programs and charter-and notes several factors to consider in determining which option is best:
- How often do you fly?
- What is your home base?
- Where do you fly?
- How many people fly with you?
- What’s your budget?
- How far in advance do you schedule your trips?
- Do you have any special needs?
Butler advises, “Bottom line-Just as in all aspects of your finances, it’s important to have an expert sitting on your side of the table looking out for your best interests because in the private air travel business a mistake can end up costing you hundreds of thousands, if not millions, of dollars. But, done correctly, an investment in private air travel will dramatically improve your life both on and off the field.”
In the Know: “Private Jet Travel—Which Investment is Right for You”
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