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they can't justify the expense to shareholders and employees. For some European managers a private jet is seen as an unacceptable perk indicating serious problems in a company's management.
D. The market for private aircraft divides into two sectors: the no-expense-spared rich man's plaything the popular image and the serious business tool owned by corporations.Manufacturers deliver the former as what is called a 'green' aircraft a plane that is unfinished except for a green corrosive-resistant paint which covers the bare metal.Owners personalise the plane with telephones, dining areas and even cinemas. The latter sector is very different, and planes are normally bought with straightforward seating.
E. Fractional ownership of aircraft has opened up the market, as the low acquisition costs and predictable monthly fees are more palatable to shareholders, and to first-time buyers.Some of the biggest names in the business jet industry have launched their own fractional ownership schemes. Several smaller companies are also getting in on the act and are trying to beat the larger companies down the runway by offering cheaper prices. Yet critics claim that fractional ownership is untested and faces the customer with a wide range of
liabilities.
1.The cost of owning a plane is seen as unaffordable by large numbers of people.2. The rise in business travel is resulting in greater interest in plane ownership.
3. Company-owned planes are less luxurious than might be expected.4. Flight regulations have the potential to slow down privately owned travel.
5. The justification for plane ownership is related to senior management pay levels.
6. Plane ownership may be taken as a sign of a business being poorly run.businesses which sell planes.
7. Competition is increasing among 8. Plane ownership enables more rapid access to many places.
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