The Asset Magazine

Executive jet charter takes off

The Asset November 2007 by Amy Lam

In corporate America, private jets are viewed as productivity tools. They are convenient and save travel time. In Asia, despite their increasing popularity, private jets are still regarded more as a luxury for the privileged. A charter flight can cost US$5,300 per flight hour, excluding handling costs such as landing fees and tax, not to mention maintenance. For most Asian corporates, the huge outlays outweigh the advantages...

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