hijet inc. by: dillon, kendyl, wenye. mission we provide jets for those who need a luxury, reliable,...
TRANSCRIPT
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HiJet INC.
By: Dillon, Kendyl, Wenye
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Mission
We provide jets for those who need a luxury, reliable, quick service for entertainers, stars, and businesspeople.
Target groupBusiness people, anyone who is making enough money and prefers a private
traveling experience compared to commercial flying
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✈ The US makes up 49.7% of the world market for private jets; Europe 20.8%; Asia Pacific 11.8%;
Latin and South America 11.6%; Africa and the Middle East: 6.1%.
✈ The biggest event for private jet travel is the Super Bowl; this year, over six hundred private
aircraft flew into New Orleans Lakefront Airport for Super Bowl XLVII (typical weekend traffic at
the airport is just 125 landings). Other top events include the Masters Golf Tournament and Art
Basel Miami Beach.
✈The busiest airport in the world for private jets is currently Van Nuys airport, Los Angeles,
California, which saw almost 260,000 private take offs and landings take place during 2012.
http://www.forbes.com/sites/davidewalt/2013/02/13/thirty-amazing-facts-about-private-jets/
Private Jet Facts
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Price
Gold Membership - $400,000 for 45,000 miles
Basic Membership - $100,000 for 10,000
Non-Members - $10/mile
+ $300.00 Return Flight Charge
+ $250.00 in Airport Fees
+$100.00 for change in flight roster
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Financials
Costs ❏ Anticipated Cost of Goods @ 25% of Gross
Revenues❏ Pilots (Included in SG&A) $2000/flight (2
pilots on each flight)❏ $300,000 per year on maintenance and
repairs
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Financials(continued)
Costs (continued)
❏ Lease on planes $2,400,000/year❏ Lease on Buildings $600,000/year
Revenues❏We anticipate all revenues to grow @6%
each year
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Financials(continued)
Revenues(Continued)
-Year 1❏Gold Memberships - $1,377,030 ❏ Basic Memberships - $3,706,240 ❏Non Members - $759,090❏Other income (Return flights) - $196,000
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Financials(continued)
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Uniqueness
Themes!
Safety is the most important!
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Hello Kitty is one of the theme!
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Romantic Flight
We can create the jet style ensuring a perfect date
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Safety
GPS device inside
12 hours rescue
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Benefits of Flying on Private Jets✈Avoid the inconvenience of the liquid bans that come with flying commercially.
✈You can travel with special belongings, business samples, sports gear, instruments or even
bring you pet into the cabin.
✈With a private jet you can fly out of an airport that is much closer to your home or business
location, allowing you to skip the traffic, bypass security lines and those frequent delays that
commercial airlines often incur, allowing more time to conduct business, and spend with your
family and friends by reducing the hours you spend traveling
✈Flying on a private jet projects an image of success. You'll be seen as an individual or
organization that is well-run, efficient and can afford to fly privately.
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Competitors
✈ Premium Service
✈ Luxurious Interiors
✈ Custom Interiors
✈ In flight meals and drink service on all flights
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Drawbacks
-Difficulties Financing
-Competition from similar firms
-Difficulties securing customers
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tHe EnD