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Fly the Private Skies

Using a private jet is more affordable than you might think.

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This story appears in the February 2007 issue of Entrepreneur. Subscribe »

The upside of using a private jet for business travel is clear: avoiding most of what's frustrating about air travel. Flying on business on a private jet may appear to be profligate, but there's actually a compelling business case for it.

According to the National Business Aviation Association, companies large and small are using private jets to accomplish everything from closing a deal on short notice to providing a rapid response to a manu-facturing or customer problem. But what about price? For companies that can't afford their own jet, fractional ownership is an alternative. But that is best suited for firms flying 200 hours a year or more in private aircraft. Charter is more realistic, since it's on-demand. According to airfare analyst Bob Harrell, charter is competitive with--and sometimes cheaper than--certain airline routes if several employees travel together.

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