Private Aircraft

OWNERSHIP AND MANAGEMENT

The Nexgen ownership program offers flexibility and ease of aircraft ownership.  Whether you want to purchase an entire aircraft or a share of one, we can assist you along the way.  We offer assistance with locating potential partners, if requested.  Nexgen offers owners the ability to earn revenue on their aircraft, if they so choose to reduce ownership costs.  Our agreements are flexible and advantageous for owners.  We attempt to split revenue hours equally among the fleet, to the best of our ability, to earn an ideal amount of revenue hours for our owners.  If owners choose not to charter or lease their aircraft, we charge a low monthly fee to provide outstanding management services so you can concentrate on running your business and leave managing the flight department to us.

ONE TIME 

ACQUISITION COST 

Acquisition cost is based on the size of the share and aircraft type and is directly proportional to the number of hours you typically fly in a year.  We utilize top aircraft sales brokers with a long history of working together to located the best aircraft for the best price.  This includes access to off market aircraft.  The brokership handles the whole buying and selling process including logbook research and the closing process.

DIRECT OPERATING COSTS 

The hourly charge covers fuel, engine programs, maintenance, and other direct operating costs such as crew expenses.

 

For owners that participate in third party revenue flights, there is a small marketing fee attached to the hourly market rate.  Owners receive most of the revenue from charter to lower their cost of ownership.

MONTHLY MANAGEMENT FEE

Simple Monthly Management Fee covers fixed operating costs including crew salaries, crew training, hangar, insurance, subscriptions, accounting, and owner services support.

BENEFITS

  • Exclusive Fleet Access through interchange agreements

  • Tax & depreciation benefits

  • Maintenance tracking, scheduling, and negotiation with repair centers.

  • Significant fuel discounts

  • Fleet insurance discounts

  • Access to multiple pilots

  • Crew hiring and training

  • Trip scheduling department

  • Regulatory compliance

  • Concierge services

  • Accounting services

  • Cleaning services

  • Simple Monthly Fee

FAA PART 91 OWNERSHIP AND MANAGEMENT

FLIGHT DEPARTMENT MANAGEMENT SERVICE

Nexgen provides Part 91 Aircraft Management Services for those who want to enjoy all the benefits of aircraft ownership without the hassles of complex flight operations and regulatory compliance. Nexgen managed aircraft offers peace of mind knowing your aircraft is being handled professionally and efficiently by the experts in private jet ownership, while enjoying the benefits of fleet discounts.

BENEFITS OF A MANAGED FLIGHT DEPARTMENT

  • Hiring and Training Crewmembers

  • Supplemental Lift for Travel Needs Outside Your Own Aircraft

  • Fleetwide savings on Fuel, Maintenance, Hangar, Fleet Insurance Rates

  • Generate Revenue through Dry Lease to Offset Operating Costs

  • Oversight and Compliance of Regulations

  • Planned Inspection and Unplanned Aircraft Repair Managed

  • Safety Management System

  • Trip Support of Owners When Requested