International charter experts at Paramount Business Jets offer a new approach to chartering private jets while saving their clients thousands on Trans-Atlantic charter flight worldwide.
Trans-Atlantic private jet flights to and from the US and Europe or Middle East can be some of the most expensive trips a private flyer can take. Making these trips nonstop requires some of the largest and longest ranged aircraft equipped with flight attendant, full onboard amenities and sleeping configurations. A typical Van Nuys to Paris flight on a Gulfstream V can run as high as $270,000 if one is paying for the aircraft to return to its home base. The price tag can be higher if the aircraft is coming from Europe or Middle East.
Empty Legs are a way to help reduce some of these high costs. Empty legs, as they are referred to in the aviation industry, are aircraft flying empty from point A to point B for a variety of reasons. Empty legs are then "resold" in the charter market place and can offer the buyer incredible savings over the traditional round trip purchase when flying in only one direction.
Trans-Atlantic empty legs are offered by most brokerages and are nothing new for savvy flyers. What is new is the approach by Paramount Business Jets to offer their clients full transparent pricing at a fixed management fee on these same empty legs.
"Current industry practice has been to shield the actual price of these incredible bargains and capping what the market will bare", says Eric Ammon, Senior VP of Sales and Services, Paramount Business Jets, "Our core philosophy is that we represent the client's interest in the market place, so we are compelled to disclose the true prices available to us as brokers. We pass every discount offered or negotiated for directly back to the client. We expose the true costs of these Trans-Atlantic empty legs but transparent is what our Members expect us to be."
Eric Ammon goes on to say, "I have seen the same Paris to Van Nuys on a GV sell to us as brokers for $80,000. Add to that our low 10% management fee for our Members and their actual cost is $88,000. This same trip is typically sold by brokers for $135,000 - 150,000 as an empty leg deal. Imagine the savings on a $40,000 NY - London compared to the $108,000 round trip price. These are real situations and pricing happening all the time. Our clients are astounded by the savings!"
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Press Release 2011