The Guardian (Lagos)
29 AUGUST 2014
Nigeria: Why Private Air Travel Is a Necessity Than Luxury

By Chika Goodluck-Ogazi
UNLIKE popular belief about private air travel, big corporations and businesses are of the view that such flight is deemed more of a necessity over luxury. While an average traveller sees executive private jet travel as a mere fantasy, big firms that require extensive business traveling on a day to day basis, can debate how much time and more effective private air traveling is to the company.

According to them, the bottom line is the main drive and focus of any company. And all successful companies can argue that time equals money and the more time is wasted the more money is being loss.

However, with the increase and hassle of security in major airports, they argued that much time is being wasted standing in lines, checking in, and so forth, but having a private jet, they said allowed for efficiency and savings within the company.

Also, some companies can request for departure from airports that are smaller in nature in their area. This is because time is saved at local airports due to the convenience of lower security requirements, as departure time is set by passenger verses charter airline, and, unless under extreme circumstances, the flight will depart on time every time.

Most people have pointed that business jets actually provide a wide range of conveniences that are of especially high demand for business needs. For instance, NEXA Advisors' most recent study on business aviation and the world's top performing companies concluded that companies using business jets were likely to outperform non-users on revenue growth, innovation, employee satisfaction and market share.

In addition, the less quantifiable but equally important benefits of private air travel include on-demand flight schedules, the ability to conduct business privately during flights, as well as more direct access to companies' sites (which may not be well-served by scheduled airlines).

"For those unfamiliar with air charter costs, prices can initially be a bit intimidating. Still, it may surprise many to know that while generally a private charter flight will cost more than a first-class commercial flight, private charter can actually be remarkably economic - particularly in cases of flying in a small group or to a remote location. "Another potential cost saving benefit is the ability to reach multiple business-related locations in a single day, thus avoiding overnight stays and hotel fees, said Vitalij Kapitonov, the CEO of KlasJet.

Aside that, you do not have to arrive hours before your flight time to go through security lines and can delay the aircraft's departure time if you're running later than expected. Moreover, there are more than 5 000 airports that can accommodate private aircraft (as opposed to 500 airports for larger commercial aircraft), so you can actually land closer to your destination, thereby reducing ground transport time.

"Of course, private jets are far from having monopolized the market yet. To meet the demands of premium travellers, many commercial airlines like Etihad and Air France are starting to bring the private jet feel to their commercial jets. "However, usually if a company or a person can afford a private jet ticket for their upcoming trips, they will do so. Therefore, the trend towards private jet or enhanced first class travel will only continue to grow", said KlasJet.

So, business executives are arguing that even though the plane provides leather seating, perfect legroom, and no one can really complain about the inflight entertainment, those things just come with the territory. The main focuses are effective time management, lowering the cost of hotel and meal plans, safer travels with private escort and security, and not to mention flight costs being 100 per cent tax deductible, many executives of large companies are opting for private jet travels verses charter airlines.

In fact, many believe that private jet travels are becoming more effective that when push comes to shove, in cutting budget costs, many financial planners of the big corporations are opting to budget cut elsewhere and keep a budget for private jet travels. As corporate profitability continues to improve globally, the demand for business-related private air travel rises accordingly.

According to experts, many times, very important people are escorted from business negotiations and meetings. This, in the end, provides a more private and safer transport from airport to aircraft. Private jets are constantly monitored, so if any suspicions were to arise, inspections can be conducted in a timely manner without major chaos.

Since time is money, being plugged in to the company at all times is the key. Executives strive on being connected to their business constantly, and private jet services offer the best way to do that and still get from one destination to the other safely. Private jets are equipped with state of the art technology. In flight meetings, strategy negotiations, and phone and video chats can all be conducted in the air. Or passengers can conduct personal business and check in with loved ones during this time.

A major savings for companies by using private jet services is in hotels and meals. Private jets can have an executive passenger to the destination and back home a lot quicker than charter airlines. If the schedule allows, a private jet can be stationed to get the passenger home promptly after the event.

This wipes hotel costs and extended meal finances off the budget list, noted experts

In facts, major of airlines may see several thousand passengers a day, whereas private jets may only see a couple passengers within the same time frame, the ability to offer extravagant services are more feasible with a private jet company. They however, maintained that the private jet is easier to maintain and keep up with when not as many travellers are disrupting its luxury. Keeping the executive at ease and comfortable, in the end, helps in better business decisions.

Since owning a private aircraft requires high maintenance costs, chartering private jets have become the most effective and functional alternative for air travel.

For those who go for private flight, practical, fast, and comfortable are the words to describe the popular way to fly. With just a call, you can specify the aircraft type and destination, and within hours you can have a private plane on a runway, ready to carry passengers within or outside the country.

private jet sure is cool. its ur money dat speaks..
I will say its both a necessity and luxury
Happy new month to all NLers

http://www.ngrguardiannews.com/business/business-travel/176818-why-private-air-travel-is-a-necessity-than-luxury

I have always known that the church is ahead of the world in wisdom. I have always known that one day history will vindicate Bishop Oyedepo and co who in a bid to fulfill their callings have crossed limitations of religion and a poverty mindset to do the unusual. These people travel the world over to preach the Gospel in fulfillment of the prophecy that every nation will hear the Gospel before the end. They realize that there is no more time and everything ,ust he done as fast as possible and jet can ne a leverage. The world doesn't know their itinary but would prefer to criticize. The worst is fellow Christians who joined the debit in the camp of the accuser of the brethren

cr8v: I have always known that the church is ahead of the world in wisdom. I have always known that one day history will vindicate Bishop Oyedepo and co who in a bid to fulfill their callings have crossed limitations of religion and a poverty mindset to do the unusual. These people travel the world over to preach the Gospel in fulfillment of the prophecy that every nation will hear the Gospel before the end. They realize that there is no more time and everything ,ust he done as fast as possible and jet can ne a leverage. The world doesn't know their itinary but would prefer to criticize. The worst is fellow Christians who joined the debit in the camp of the accuser of the brethren

wt r u saying?
hw oyedepo take concern the topic now?

@ all.......Please dont lets get distracted.

We are just examing the Pros and Cons of Private Jet.

I stumbled across this article hence why i thought i bring it to the larger house.

Have a nice day

@folarina

Please don't place an ad here or direct people to an external business link.

Thank you.

@ Justwise

No advert ,No external business link ..... I agree.

But how come you say No pic again ! Haba

folarina:
@ Justwise

No advert ,No external business link ..... I agree.

But how come you say No pic again ! Haba

I'm trying to see where i mentioned that in my post but i can't see any.

Bombardier Challenger 605: Flyer's Guide
The aircraft carries nine passengers comfortably but can carry 12 in a high density configuration with 3 crew members (including a flight attendant). The seating can be a combination of club, divan or luxury individual and the interior can be made a more work friendly environment with larger worktables and video monitors

EFFORTLESS STYLE! If you want to experience the #luxury of #VIP travel in the magnificent comfort of your own #PrivateJet, look no further..........

If I can afford it, why not. Its called 'private' jet for a reason. Lovely toy

Unnecessary luxury.

none of the option, IT JUST NOICE MAKING

i hope oyedepo knows about this.

One private is good but 4 private jets is pure greed.

#oyedepo, eating people's tithe since 1960.

depends on whose mindset. And depends on the person who acquired it. Small boy or Man

.

I would have said luxury but then, with the way public airlines have bin crashing, its better u have urs and, it makes things a whole lot easier for u. No one is delay ur flight but just u and, u dnt av to sit near an annoying passenger

if u have d money and means ,spend it nd enjoy life,nobody knw wen he go die,so enjoy urself while u can... some pple will start screaming vanity naw(pathetic excuse for being broke) ,dere is no excuse 4 poverty oo,I'll rather b rich and cry in a private plane ,dan b broke and cry in a danfo !!

Seriously,it's only a luxury when you don't have money to get it...it becomes a necessity when you have the money and you see your fellow thiefs showing off with it,cause you'll also need it to boost your social g.p(status)

Luxury point blank! Luxury point blank!

I would rather a chopper that I can tour wildlife in on a cosy weekend with wife and children when I become like Adenuga.
As a business executive who is time-conscious, I will hire on request.
I hate buying high-end depreciating liabilities or assets even phones which may cost 25k to replace it's broken screen. That 25k is enough to help a Federal Uni student pay his tuition in one year with a decent balance for upkeep.

chidimmaaa: I would have said luxury but then, with the way public airlines have bin crashing, its better u have urs and, it makes things a whole lot easier for u. No one is delay ur flight but just u and, u dnt av to sit near an annoying passenger

you not too right...between the last ten years 55% of crashes recorded are from the private jets and those who owns private planes.
Just that planes that flies within Nigeria and Africa are not in good condition.

No armed robbers or hijackers to harass you; no flight delays of unnecessary nature. If affordable, it's a necessity

Private jet is luxury.

If you have personal money to afford yourself such luxury, pls by all means do.

If you don't, pls don't acquire one by people's common wealth, because they are gullible to you as spiritual head. Its fraud!

/
Pure and refined luxury.

This is 2014. What meeting?

Teleconference has bridged that physical divide long time ago.

It is still cheaper to buy emergent business class ticket to meet appointment compared to the annual parking fees of the jets.

What does Oyedepo need 4 jets for? How many times does that frog eye travel in a month?

I blame the idi.ots supporting his flamboyant lifestyle

\