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Fire
Your Airline
The
Travel Critic · February
22, 1999
On a recent trip to Cleveland, Umberto
Fedeli fired his airline.
Winter weather had frozen air traffic at Houston's Intercontinental Airport,
stranding the chief executive of the Independence, Ohio, investment and
insurance company that bears his name, along with his wife and four children,
for the weekend.
"There was a three-hour wait just to talk with someone at the Continental
Airlines ticket counter," he remembers. "Then we found out that the airline
had booked my wife and me on a Sunday flight and our four kids on a Monday
flight."
Unwilling to let his young children fly home alone and upset at the carrier,
Fedeli summoned a private plane to return his family to Cleveland. A Citation
III jet operated by Flight Options, a company that sells the equivalent
of aircraft timeshares, fetched the family and delivered them to Cuyahoga
County Airport in Ohio - just five minutes'drive from their home.
"It's frustrating, all this bumping, changing flights, the huge bureaucracies
of a big airline," Fedeli says. "Being able to pick up the phone and go
wherever you want, whenever you want, is a tremendous advantage."
Commercial carriers' incompetence isn't the only reason travelers like
Fedeli are hiring corporate jets. A recent survey by executive search
firm Christian & Timbers found that a majority of top managers "fret over
declining service and the virtual disappearance of first-class amenities
in their frequent travel schedules."
"True first-class appointments - the four-course meal exquisitely served
with elegant table settings - have lost priority in the industry," says
Jeff Christian, the company's chief executive. "The space allotted to
first-class passengers has shrunk, presumably to make more space for the
middle tier 'business class' and thus is so competitive that only those
with the luxury of backup time to book the coveted space have a chance
to travel in style."
It's no surprise, then, that the $17 billion-a-year business aviation
business is booming. The worldwide fleet of private aircraft has nearly
tripled since 1978, with steady growth recorded in each of the last 20
years, according to the National Business Aviation Association, a Washington,
D.C., trade group.
"It's all about productivity and efficiency," NBAA spokeswoman Cassandra
Bosco told me. "You would think that in an era of cutbacks, companies
would have to give up a corporate aircraft, but that's not what's happening.
People are being asked to do more with less, and a corporate aircraft
gives you more time."
The idea of zipping across the country in a private jet, with your own
office, a cellular phone, fax and fully-stocked refrigerator at your disposal,
may seem far-fetched. But a recent NBAA survey suggests it isn't: among
passengers polled, more than half were middle managers or staff. Only
14 percent described themselves as top executives.
Richard Heckman, Flight Options' vice president of sales and marketing,
says prices for a "fractional ownership," or timeshare, aircraft start
at $100,000 a year, after tax, for a pre-owned Citation II jet.
A package like Fedeli's costs about $312,000 a year. For that you get
100 flight hours per year. But prices on timeshare deals can run upward
of $1 million a year, depending on the size of the aircraft and frequency
of use.
If you wanted to buy a used Citation II, Heckman says, it would set you
back by a cool $2.5 million, not including crew and maintenance.
Some frequent travelers easily spend $100,000 a year on airline travel.
Heckman says he's seen companies with as little as $10 million in annual
revenues buy time on a corporate jet.
Booking a private jet is a drastic step to be sure. But if you can afford
it, why not?
You'll avoid long ticket lines, long layovers, the pandemonium of dealing
with the hub-and-spoke system, the rude service, the questionable cabin
air, the food - the list goes on and on. What's more, with a jet on call
24 hours, you can leave from the closest airfield and fly just about anywhere.
Can your regularly scheduled airline do that?
Ask yourself these questions to determine if corporate aircraft is right
for you:
How valuable is your time? If you find yourself losing hours every
week in airport terminals, a business aircraft is worth considering. An
NBAA poll indicated that travelers rated the workspace on a private aircraft
10 percent more productive than their own office.
Where are you going? If you need to access areas that aren't serviced
by a carrier, a business jet may be a fit. Only 10 percent of airports
in the United States are served by scheduled airlines, according to the
NBAA. Meaning a lot of regions are out of a commercial carrier's reach.
What is your travel budget? If you only take two or three trips
a year, don't bother. A private jet will drain your wallet faster than
a couple of full-fare first-class tickets. But if you're on the go all
the time, it's worth thinking about. You could end up paying less for
transportation, under certain circumstances.
Christopher
Elliott is a travel commentator and author of A
Bridge to Nowhere: A Year in the Florida Keys. All e-mailed questions
may be edited, condensed or republished at the site's discretion.
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