Who pays for damage to private jets


What is there, what do you need?

Flying is not only the fastest, but usually also the most comfortable way to travel. How pleasant the trip is, however, depends on several factors. Classic scheduled flights are often delayed or even canceled entirely. Tedious waiting and rebooking at the airport as well as a hectic sprint through the gate to catch the necessary connecting flight are often part of everyday life for frequent fliers. The Use of your own private plane or that Charter a personal jet can reduce these problems and enable comfortable travel. The offer ranges from a luxurious private jet to flexible business or group charter. But how expensive is the maintenance of a private jet really, when is the purchase of a jet profitable and what alternatives are there? - Continue reading!


Youtube: The private jet for everyone - why private jets are worth it!

Maintenance costs for a private jet

How are the maintenance costs of a private jet composed?: The cost of a private jet depends on the type and size of the aircraft you choose. In principle, a larger aircraft that can transport several passengers is more expensive to maintain than a small aircraft. The acquisition costs are usually only a fraction of the total costs that a private jet entails. In addition to the statutory insurance and taxes, the owner has to pay for the maintenance costs and parking space rental costs. Before your own jet even leaves the ground, there are a number of other fees. The most important fees are the handling costs at the airport and the airway fees. In addition, fuel, catering, the crew and the shuttle must be paid for at the airport. Depending on the duration of the flight, costs of several thousand euros per flight can easily arise. Whether a private jet is worthwhile can therefore only be decided on an individual basis. As a rule of thumb, however, an aircraft can be profitable if it has been in service for between 900 and 1,000 flight hours per year. If you don't want to take care of all aspects of insurance, maintenance and other upkeep, you can of course also use jet charter providers such as deutsche-privatjet.de, which offer private jet charter, business jet charter and group charter (see also below below). Those who travel a lot and can and / want to afford it, however, use their very own aircraft. And then have to insure it ...

Insure a private jet

What insurance do I need for a private jet?: As with the operation of other vehicles, different types of insurance are required by law in aviation. The statutory insurances only cover a minimal amount of damage, which means that additional insurances can definitely pay off. Which insurances are needed in detail and which make sense depends on the use of the private jet.

> Owner liability insurance

Anyone who wants to buy and operate a private jet is legally obliged to use a so-called Owner liability insurance complete. The owner must have this even if he is not flying the aircraft himself. However, the statutory insurance only covers the minimum of property damage and personal injury to people who are not carried in the aircraft. Damage to passengers as well as damage to luggage, pure (personal) financial loss or damage caused by intent are not covered by the owner's liability insurance.

> Passenger liability insurance

The conclusion of a Passenger liability insurance or. Air carrier liability insurance protects the owner against liability claims in the area of ​​passenger, baggage and delay damage. The EU regulation 785/2004 applies, which provides for a basic insurance obligation as soon as passengers are transported. If a passenger is injured, for example, when getting on or off the aircraft or during the flight, the damage incurred will be covered by the passenger liability insurance, unless gross negligence can be proven.

> CSL insurance

The CSL insurance (Combined Single Limit) is a combination of owner liability insurance and passenger liability insurance. Insurance is now considered the standard because it is usually cheaper than taking out two individual insurance policies. In addition, the CSL insurance offers the advantage of uniform coverage so that possible claims are optimally covered.


CSL insurance for powered aircraft Specialized insurance brokers like here luftfahrtversicherung24.de provide information about and broker insurance for private jets: owner liability, passenger liability, CSL (combined single limit), hull, hangar + hall, seat accidents, war liability, war hull & co (Screenshot www.luftfahrtversicherung24.de/motorflugzeug-versicherung/csl-versicherung/ on 07.02.2019)

What useful additions are there?

Not every insurance offered is useful for every aircraft owner. Many insurances cover very special damage or special danger areas which, depending on the destination and usage behavior, can be very helpful or dispensable.

> Comprehensive aviation insurance

With the completion of a Comprehensive aviation insurance Damage to (your own) aircraft that occurs on the ground or in the air is covered. The sums insured vary, with the sum insured at least covering the current market value of the aircraft. There is also the Comprehensive insurance many exceptions, so that, depending on the design of the insurance contract, not all damages are covered in full.

> Excess insurance

In contrast to motor vehicle insurance, in the event of damage, deductibles in at least four digits are still due, and sometimes even higher. In order to exclude these deductibles, a so-called Deductible insurance be completed. This is often worthwhile for clubs that share one or more aircraft and for which a deductible would tear a large hole in the club's coffers. There are similar regulations in the form of deposit insurance for yacht charter, where the skipper's deductible can be reduced to zero in the event of a claim, while otherwise 1000, 2000, 3000 EUR or more deposit may be gone.

> Engine insurance

The Aviation comprehensive insurance usually does not cover damage that occurs to engines. This damage can arise, for example, from material breakage, overheating or from external influences. Whether a separate insurance against engine damage (Engine insurance) Makes sense, depends on the type, size and age of the aircraft as well as its intended use.

> Aviation accident insurance

The Aviation accident insurance protects the pilot and passengers from the economic consequences of an accident. The insurance can be taken out for a specific aircraft as well as for a single person. The insurance is particularly interesting for private pilots who frequently carry passengers in the course of their work.

What do you not need?

Which insurance can I safely do without?: Owners of private jets who do not fly the aircraft themselves and who rent a parking space for their jet, for which the landlord is liable, can confidently do without some insurance.

Aviation hangar and hall insurance

This insurance covers damage to jets that are in a locked hangar. With this insurance, private aircraft are protected against vandalism, burglary, fire, flood, storm or hail. In principle, this insurance is not absolutely necessary if this damage is covered by the insurance of the parking space lessor.

License loss insurance

The License loss insurance protects private and commercial pilots from damage caused by license revocation. If a professional pilot is unfit to fly, for example, this insurance compensates for the financial losses, whereby the amounts insured can vary significantly depending on the scope of the contract.

Aviation hull war insurance

Damage caused by war, acts of terrorism or revolution not covered by the aviation comprehensive insurance. A special insurance that covers this damage is the aviation hull war insurance. Whether this insurance is necessary depends very much on user behavior. If the jet is used for flights to known crisis areas, then insurance can definitely make sense. However, if the private aircraft is purchased for vacation and business flights within Europe, for example, there is hardly any need to take out such insurance.

- What alternatives to owning a jet are there? -

who the Cost of a private jet shy or only a few flights a year needed, can on private charters To fall back on. The prices for these flights are often not much more than for normal business or first-class flights, but they offer travelers much more comfort and flexibility. In principle, a distinction can be made between three different types of private charter:


Charter a private jet Renting a jet instead of buying it is the more sensible option for many private and business people if you look at the maintenance costs of your very own private jet. Here is a screenshot of the website of deutsche-privatjet.de, which offers various types of private charter, business charter and VIP charter with modern private jets in Germany (www.deutsche-privatjet.de/privatjet-mieten/privatflugzeug-chartern.html am 07.02.2019)

(a) Business Charter

Today's business world demands a high degree of flexibility and the necessary flights cannot always be planned weeks in advance. However, flights booked at short notice are generally much more expensive, with spontaneous rebooking associated with additional costs. This not only means stress for the traveler, but also for the company's internal travel department. A business charter offers much more comfort and freedom. A private charter enables an individual design of the travel plan, whereby even small airports can be served. This in turn reduces long journey times by car to reach the desired destination.

(b) group charter

A Group charter offers an attractive price-performance ratio and is the ideal solution to transport guests to an event together. There are no restrictions on the place or date, so you can determine the travel time yourself. In addition, a private jet offers far more amenities and services. Passengers benefit from a quick check-in and working in your own jet is usually possible without any problems due to the small number of guests.

(c) VIP Charter

A VIP private jet offers luxury at the highest level. In addition to the first-class service on board, many companies also provide their customers with separate sleeping and living areas. This ensures that passengers arrive at their destination quickly, on time and well rested.


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