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New If you look at it that way, Blue Star Jets makes more sense.
[link|http://www.bluestarjets.com/|Blue Star Jets]:

Blue Star Jets is the worlds most comprehensive and efficient private jet brokerage company. With access to operators of the largest networks of luxury charter jets, we arrange access to the ideal private aircraft for any given charter flight to any destination in the world on a moment's notice.

There are no membership fees, acquisition costs, or monthly maintenance charges and reserving a private charter flight couldn't be easier. No matter what the size or length of the trip, BSJ arranges straightforward access to jet charter service on the ideal private charter aircraft for each and every trip. Because we have access to the largest selection of operators of private jets in every size and performance range, you can be assured that every flight will meet your needs.


(No personal experience with them, Caveat Emptor, etc.)

There's no doubt that commercial aircraft flights are hugely inefficient from a time perspective these days. I don't think it then follows that companies should have their own planes.

:-)

Cheers,
Scott.
New Yes, this is something that should be outsourced
And to answer Bill Patient's point about costs being $10/mile, the case where a corporate jet makes more sense is when an entire team has to be flown somewhere. If you're flying 6 people at once, then the cost per mile is competitive with commercial aircraft, and when you add convenience, it is worthwhile.

However most companies don't have these needs very often. Certainly not enough to justify owning their own jets.

Cheers,
Ben
I have come to believe that idealism without discipline is a quick road to disaster, while discipline without idealism is pointless. -- Aaron Ward (my brother)
New I've seen this once
and here was the scenario. One team, 12 members, needed to be in Philadelphia, then Wichita, then Kentucky and they wanted to do this in one day...max 2.

The cost of the charter made the one day trip possible when commercial could not (connection, then connection made one day impossible).

The saved time and hotel expense in addition to the 12 open-jay multi-airline itineraries (essentially all at full coach when it was expensive) made the cost of charter viable.

We chartered the jet.

---------

I also chartered a jet to tranfer 12 executives to Paris and 12 back. First class airfare would have been 72k. Our corp at the time only allowed business class so commercial would have been 48k. Charter cost, 85k. It would have taken alot of hours for these 200k types to make up the nearly 40000 difference. Why did we charter? Chairman was one of the execs.
If you push something hard enough, it will fall over. Fudd's First Law of Opposition

[link|mailto:bepatient@aol.com|BePatient]
New Wanna bet the chairman made more than 200K? :-P
I have come to believe that idealism without discipline is a quick road to disaster, while discipline without idealism is pointless. -- Aaron Ward (my brother)
New Yes he did. I did the budgets.
It still wasn't cheaper :-p
If you push something hard enough, it will fall over. Fudd's First Law of Opposition

[link|mailto:bepatient@aol.com|BePatient]
New But it was for you. :-P
You had to balance losing money for the company and keeping your job, versus saving the company money and finding a new job.

Easy choice,
Ben
I have come to believe that idealism without discipline is a quick road to disaster, while discipline without idealism is pointless. -- Aaron Ward (my brother)
New Too low on the totem poll to bitch
and smart enough to realize it.
If you push something hard enough, it will fall over. Fudd's First Law of Opposition

[link|mailto:bepatient@aol.com|BePatient]
New Random thought...
If I am a business and I hire an employee, I pay that employee a salary, I probably pay that much again in benefits, and I expect that employee to generate enough business to justify that expenditure with plenty to spare.

Therefore even if salary for lost time doesn't cover the difference of having an employee on a private plane, it still can be a good business to put them there.

(But I'll agree with you that usually it is a status symbol and isn't worthwhile.)

Cheers,
Ben
I have come to believe that idealism without discipline is a quick road to disaster, while discipline without idealism is pointless. -- Aaron Ward (my brother)
     Executives Take Company Planes as if Their Own - (bluke) - (31)
         Boy, is that backwards - (drewk) - (16)
             Convert their salaries to wages. - (mmoffitt) - (15)
                 If you look at it that way, Blue Star Jets makes more sense. - (Another Scott) - (7)
                     Yes, this is something that should be outsourced - (ben_tilly) - (6)
                         I've seen this once - (bepatient) - (5)
                             Wanna bet the chairman made more than 200K? :-P -NT - (ben_tilly) - (4)
                                 Yes he did. I did the budgets. - (bepatient) - (3)
                                     But it was for you. :-P - (ben_tilly) - (2)
                                         Too low on the totem poll to bitch - (bepatient) - (1)
                                             Random thought... - (ben_tilly)
                 True, but ... - (drewk)
                 Sorry. No. You are not correct. - (bepatient) - (5)
                     If time is money, it most certainly is more efficient. - (mmoffitt) - (4)
                         VLJs are not corporate jets. - (bepatient) - (3)
                             Now you're completely wrong. - (mmoffitt) - (2)
                                 Not really - (bepatient) - (1)
                                     Or Hawkers, Lears, Cessna Citations, etc. - (mmoffitt)
         Two Words - (pwhysall) - (13)
             And there are some very cool solutions - (bepatient) - (10)
                 Two things they lack: - (admin) - (2)
                     Also, a key element, unacknowledged by many but definitely - (jake123)
                     Also, could be recorded! -NT - (broomberg)
                 They are missing some other things as well - (ben_tilly) - (6)
                     That was exactly my point -NT - (jake123)
                     So, to summarise: - (pwhysall) - (4)
                         That wasn't a summary - that was missing the point. -NT - (ben_tilly) - (3)
                             No, I didn't. - (pwhysall) - (1)
                                 Look at who I was responding to - (ben_tilly)
                             ICLRPD that wasn't a summary - that was missing the point. (new thread) - (boxley)
             Very hard to video conference golf -NT - (JayMehaffey) - (1)
                 Golden Tee. -NT - (jake123)

Considered an odd number by mathematicians around the world.
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