| . . . and see why PJM's short-term leasing option is the perfect fit for today's business environment.
For years, corporate executives have had several options when choosing business aircraft, including outright purchase/ownership, long term leasing and chartering.
Now, Syracuse Jet Leasing offers an exciting alternative for leading executives who are focused on maximizing financial performance. Our flexible leasing options and comprehensive business jet management services allow you to access the productivity and efficiency of business jet travel while providing the most favorable P&L impact for your organization.
Compare and you'll see that PJM gives you better control.
Owning
The price tag of the aircraft itself is only the beginning when you purchase a business jet. Additional start up costs include:
- Recruiting, hiring and transplanting a crew
- Securing a hangar
- Establishing a maintenance infrastructure
All of this can present a huge hit to your balance sheet, and that's only the start of the far-reaching financial implications.
Long Term Leasing
Standard leasing programs offer an average term of five years, locking you into a long term financial obligation. The aircraft is yours for the next 60 months, regardless of your changing needs. Short term leasing, on the other hand, allows you the flexibility to more quickly respond to your changing needs. Also, many senior corporate executives are choosing short-term leases because they want to limit how far their obligations are extended.
Fractional Programs
When you participate in a fractional program, you own a share of the aircraft, with your access limited by the size of that share. In other words, if there is a scheduling conflict with a larger shareholder, you may not be able to use the aircraft. Other inconveniences include significant initial investment, expensive transfer costs upon the disposition of an interest, aircraft market fluctuation risks, rotating crews and regular monthly and annual fees.
Chartering
For many executives, there are too many unknowns when it comes to chartering business aircraft. In many cases, they are unfamiliar with the aircraft, the charter company or the crew. Add to that a number of limitations, including the inaccessibility of a number of airports due to weather conditions or weather reporting systems, passenger manifest requirements and equipment availability, and chartering may not be right for you. Many businesses that frequently charter business aircraft are starting to evaluate the financial benefits of leasing.
Benefits
The benefits of short-term leasing with SJL include:
- No initial capital investment
- No economic risk due to market fluctuation
- Maximized tax benefits
- No transfer fees
- No sales tax
- Flexible leases structured to fit your terms
- Direct and unlimited access to your jet
- Your own crew that knows your needs
- Your cost of flying is fixed and ascertainable
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