Charter Jet Prices

Varsano says that since 2012, The Jet has been the world's first window seller for personal jet aircraft. Mr Varsano said that he had chosen to open the store in London because he had noted a change in the situation. Varsano said that while in the past Americans accounted for 80 per cent of the company's clients, it was now more like 50 per cent when newly industrialising nations used the company: China, India, Ukraine, Nigeria, Mongolia and Angola.

"Locations where it was hard to get back and forth in a timely manner," Varsano commented. "The Jet Business opened in downtown London, the gate to these new accounts. Naturally, purchasing a jet is not an easy job. The jet prices are between 3 million and 90 million dollars, although 85 per cent of Varsano's customer buy used planes.

Said that most jet operators change planes every four to five years, similar to those of auto operators, although these cars are slightly more expensive: according to the airplane dimensions, it can take between 700,000 and 4 million dollars a year to operate your own airplane. "As Will Ashcroft, Jumpjet's chief executive officer, said, "There are wealthy people in the entire globe who cannot afford the costs of running a jet," a firm that provides a personal jet member program at the price of a premiumfare.

"Today I have twoillionaires in my club, one of whom, who will be spending $400,000 to have his Ferrari renovated in Maranello, Italy, but is refusing to pay $31,000 for a round from Los Angeles to Austin to follow the Formula One racing in a personal jet. "The Jet Business London Presentation Room.

Jumpjet, introduced only in the U.S. at the beginning of this year, offers membership that allows travelers a certain number of times per year on charter planes serving 40 U.S. capitals. The Varsano and Ashcroft companies appear to be entering several different market segments, the former targeting large investors, while Ashcroft's activities are designed to capture the'frustrated luxury passenger'.

" Ashcroft explained the US markets in which he is active and said: "Here the distance is so great, but the air traffic is terrible. Around 10 per cent of these are first-class. "Ashcroft wants to capture this niche with a company nearing its first full year in January. Varsano says that his jet dealer is not only for ultra-high customers: he said that many start-up businesses come to his Hyde Park offices, and he argued: "Over 70 per cent of all company jetliners in the globe are operated by mid-level managers.

" Later, when Varsano showed the store's interiors, which were similar to the interiors of an Airbus 319, he naturally unveiled a funny little thing that some customers like to use when they visit. Whilst Varsano and Ashcroft are not directly competing - and Varsano noted that many of its customers will allow businesses like Ashcroft's to use their jet when in use - both are looking to expand into each other's market.

"Absolute, our aim is international," Ashcroft said, "Our five-year agenda includes a Latin American, United Arab Emirates and Asian footprint, and we will evaluate Africa. "Varsano is hoping to get The Jet Business Stores front, face-to-face to New York. Varsano says the response is actually quite straightforward.

" Robert Frank speaks about a London shop where buyers can buy a multi-million dollars jet.