The Advantages of Buying Aircraft
The advantages of buying aircraft are numerous. There are financial savings, increased productivity and reduced labour costs associated with owning an aircraft. The initial cost of purchasing a small single-engine aircraft is less than most small to medium business aviation solutions such as chartering an aircraft, leasing a plane or buying a fleet of aircraft. The added benefit of having a continual stream of aircraft on standby makes commercial aviation ownership an attractive option to many. Many companies offer aircraft ownership as an alternative to leasing an aircraft. If you decide aircraft ownership is the best choice for you, there are several advantages. You own the aircraft indefinitely and can use it for any purpose until your lease is complete. This is not the case with leasing. Leasing aircraft is typically a one-year affair that requires payment in full at the end of the term. Buying an aircraft also provides a long-term saving solution. The cost of buying an aircraft is...