Economics of Flying Private with Cory Bengtzen

Cory is the Founder and CEO of SkyShare

My top highlights from my podcast today (Spotify link, iTunes link) with Cory Bengtzen, Founder and CEO of SkyShare.

  1. Owning each step of the journey, through vertical integration, gives you savings and greater operational control.

  2. People fly private for three reasons: 1) make your business more efficient; 2) create experience for potential clients; 3) time machine for family.

  3. In high stakes business travel, like a big M&A deal, flying private also adds additional privacy and time to debrief with your team while traveling.

  4. Flying private solves the following tradeoff: Who will I disappoint? My business or my family?

  5. Fractional allows someone to dip their toe in aircraft ownership, and SkyShare’s PC-12 program lowers that entry fee further.

  6. Bonus depreciation of a fractional aircraft makes a big impact on overall cost within a business.

We’re also on YouTube now! Check out the channel here.