Jet charter companies provide a network of available planes for travelers. By using the same technology used by travel agencies, charter agencies are able to pool resources and created a shared set of planes that can be used for air charter services. These planes and pilots are certified for passenger transportation and can use airports that are not available to some aircraft. Executive flights are often made during mergers or acquisitions where money and business change hands quickly. Most often, business officials will use these services for convenience as well as to keep proprietary information from becoming available to the media. Most jet charter companies are able to compare prices among dozens of small carriers, offering the best charter prices for cities worldwide.
Jet charter services became popular during the early 1990s when companies started selling their private jets due to the high cost of maintenance and pilots. While some companies choose to use fractional share programs, essentially getting a number of flight hours each year, these hours are lost if they are not used, and fees can be high if too many flight hours are needed. Business Charters eliminate this problem, as well as the associated payroll, maintenance, and leasing costs, because people only pay for the flights they use. With the rise of the internet in the late 1990s, charter services began networking in order to make the best use of their pilots and planes. Now, it is possible to make flights worldwide, with a minimum of notice, without having to own an aircraft or employ pilots.
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