Private Jets are on the minds of all successful people.

The time savings, security, convenience and prestige appeal to the everyone.

However private aviation is so much more. It can be complicated and it’s definitely expensive.

To help us survey the issues around flying private, I spoke with DAVID CLARK.

David has developed expertise from over 30 years in the private aviation industry through several key roles working with international corporations and Family Offices.

He is the Principal of the Integris Aviation Consultancy

Fluent in Portuguese and English, he divides his time between North and South America working with Family Offices and flight departments

The Value of Time – and the appeal of Private Jets

On Demand Charter

Jet Cards – package of hours

Fractional Ownership- depreciable asset

Whole Ownership- control; own or lease

5K/Hr + taxes and fees

Jet card- 25, 50 or 100hr increments

Fractional Share- retail cost of plane divided by share

Whole Ownership- buy the whole thing

Over 60 yrs- lots of lessons, safety, operational, risk, financial- knowing how the industry workflows and “supply chains” work is key.

Covid lockdown

Opening up- boom – People discover how addictive it is.

The billionaires crack, kids go back to public school before going back to private-

Pilots?

Build a Team:

Avaition Consultant

Aviation Attorney

Tax

Technical

ESG

Security

**Disclosure: This podcast is for educational and entertainment purposes. It is neither investment, legal, nor tax advice and does not represent the opinions of the employers of the host or guest. Frazer Rice is an employee of Next Capital Management, LLC. This podcast is a property of Wealth Actually LLC and does not reflect the opinions of Next Capital Management. Any opinions represented in the show are Frazer’s individually and not an endorsement of the guest.”