If you spend a lot of time on business travel, there are some benefits to having access to your own aircraft. Air travel is the most convenient mode of transportation, especially when time is of the essence. However, public transportation through commercial airlines can be problematic, especially when you consider time spent in lines – TSA and ticket counters – as well as tight seating arrangements in most commercial aircraft. That's where use of private aircraft comes into the picture. Access to a private aircraft allows you to avoid the issues associated with commercial air travel. If you've decided to opt for private aircraft for your business travel, you have three options: individual purchase, fractional ownership, and on-demand charter.

Upfront Costs

When it comes to private aircraft use, you need to consider the upfront costs associated with the options that are available to you. If you choose to purchase an aircraft on your own, all the costs associated with that purchase will fall to you. With fractional ownership, your upfront costs will go down considerably over a personal purchase. However, you'll still be paying more in the form of upfront costs. With on-demand charter use, you pay for the air travel that you use, which means your upfront costs are greatly reduced. There's no cost of ownership because you're chartering the services.

Contract Duration

If you don't plan to pay cash for your private aircraft, you need to consider the contract duration. Whether you purchase a private aircraft on your own or through a fractional ownership program, you'll be locked into a lengthy contract. If your needs change, you'll be forced to fight your way out of the contract. One of the benefits of on-demand charter services for private air travel is that there are no lengthy contracts to deal with. You book your flights and pay for the services you need as you need them.

Aircraft Flexibility

Once you purchase a private aircraft, either through private ownership or fractional ownership programs, you have access to that one aircraft. However, there may be times when you need access to a different aircraft or just feel like a change of scenery. Unfortunately, there's no aircraft flexibility with aircraft ownership. One of the great things about on-demand charter services is that you can enjoy flexibility with the aircraft you charter.

Access and Maintenance

When it comes to private aircraft use, you need to consider access and maintenance concerns. With private ownership, you'll have access to the aircraft whenever you need it. However, you'll be responsible for all the maintenance and repair costs. When you enter into a fractional ownership arrangement, you won't always have access to the aircraft, but you will still be responsible for your share of the maintenance and repair costs. However, when you opt for an on-demand charter service, you'll have guaranteed access to an aircraft when you need it, and you won't be responsible for any of the maintenance and repair costs.

Learn more by reaching out to a company such as Charters By Air Denver.