|
Charter is still "the cheapest game in town...
You can turn it off when you don’t need it."
Flying charter with KelAir is better than owning your own jet, since we offer you an International Network of
expertly maintained aircraft that are already in position worldwide. Unlike expensive fractional ownership
programs, there are no "blackout" periods. When you need a flight, you'll get a flight - any time, day or night.
Look at the table below and see for yourself, the savings of flying KelAir charter.
|
Small Business Jet Comparison (50 hours) |
| |
KelAir |
FlexJet |
Flight Options |
NetJet |
| Aircraft |
Learjet 35 |
Learjet 31A |
Beechjet 400A |
Citation V Ultra |
| Investment |
$ 0 |
$273,000 |
$275,000 |
$350,000 |
| Annual Management Fee |
$ 0 |
$56,100 |
$66,312 |
$67,476 |
| Hourly Rate |
$1,800 |
$1,415 |
$1,485 |
$1,375 |
| KelAir Hourly Savings |
|
$737 |
$1,011 |
$925 |
| Annual Fractional Cost |
|
$36,850 |
$50,550 |
$46,250 |
| KelAir Avg. Hourly Savings |
$ 891 |
| KelAir Avg. Annual Savings |
$ 44,550 |
| |
|
Midsize Business Jet Comparison (50 hours) |
| |
KelAir |
FlexJet |
Flight Options |
NetJet |
| Aircraft |
Citation III |
Lear 60 |
Hawker 800XP |
Hwker 800XP |
| Investment |
$ 0 |
$803,400 |
$562,500 |
$815,625 |
| Annual Management Fee |
$ 0 |
$79,800 |
$98,280 |
$101,736 |
| Hourly Rate |
$2,300 |
$1,695 |
$1,895 |
$1,868 |
| KelAir Hourly Savings |
|
$991 |
$1,560 |
$1,602 |
| Annual Fractional Cost |
|
$49,550 |
$78,000 |
$80,100 |
| KelAir Avg. Hourly Savings |
$ 1,384 |
| KelAir Avg. Annual Savings |
$ 69,217 |
| |
Most of the current programs are conducted under the provisions of 14 CFR part 91 with
less strict rules on pilot training and maintenance than under part 135. Additionally, the FAA had evolving concerns
regarding issues of accountability and responsibility for compliance.
Fractional ownership can be as much as 30% higher than owning your own plane.
Liability Exposure: Since your name’s on the registration, you have the same exposure with a
fractional share as you do with your own aircraft.
Takeoff and landing surcharge: For every takeoff and landing there is a surcharge of one-tenth of
an hour each to cover fuel burn and wear and tear on the aircraft. So, if your normal flight is one hour, and you
have 100 hours, you will only receive 80 hours of actual flight time. You lose 20 percent of your allocation.
In addition to the contracted hourly fee, some fractional managers apply the following fees and conditions:
- Surcharges for operating into certain congested airports;
- Restrictions on the number of legs that can be flow in a 12 hour period;
- The amount of time that may be spent on the ground between legs;
- Fees for mandatory customs stops on international fees;
- Sales commissions (some currently running at 7 percent);
- Marketing fees charged to owners when they’re required to sell their shares back to the provider at the end of
the contract;
Some programs even charge commission to the owner when he desires to sell out early, even if the owner does all
the legwork to locate and sign a new buyer;
The dreaded fuel escalator - Almost every fractional contract includes an "established average rate"
per gallon, to which a flexible surcharge per hour of operation is added, even when the fractional owner has
discounted contract fuel prices. It’s saving money, big time, while charging customers the escalated index.
Additionally, users must pay all applicable fuel taxes.
|