Myjets Web page

It is a corporation, led by world-renowned pilots and international businessmen, created to bring speed, comfort, and security to executives via small private planes.

MyJets will provide trips to the Bay Area in one-third the current time for a very reasonable price with savings of over $1660 per round trip***.

More info.

top

Why is it for you?

You can depart at your chosen time, from Camarillo Airport, in the comfort and security of an advanced turbine aircraft, away from all of the problems and delays associated with LAX, land closer to your destination, and have a car readily available … all at a price that is now reachable for all executives.

In summary:

Your company will save over $68,000….a year*

You will save hours of stressful, uncomfortable, tiring travel time and enjoy a hassle-free trip.

top

What is the cost?

An example of a Fractional Seat Ownership plan (FSO) is outlined below.

Plan CMA-PAO (Camarillo-Palo Alto)	1 Seat
Round trips/week	1
Round Trip Cost	$300
Monthly Fee	$950
Interest cost on Share ownership/month	$250
Available flying hours/Year	100

Each fractional share entitles the owner to one seat for one round trip per week, 50 round trips per year or 100 hours of flight time. The initial investment is $40,000, and is financed through MyJets partners. The only cost to the owner is the monthly debt service of approximately $250 and the management and maintenance monthly fee of $950. The direct cost for each round trip when taken is only $300.

If a person or corporation wishes to buy multiple Seats, plans are available for two and three Seats .

Prices are based on flying in and out of the Camarillo and Palo Alto airports. Landing at and departing from the San Jose or San Francisco airports add a $25 fee. (compare with existing plans available**)

top

Why any employee earning over $50,000/year must fly MyJets?

Because it is financially justified.

An employee who earns a salary of $50,000/year is paid at a rate of $24/hour.

Benefits are usually calculated as 33% of an employee’s salary. Therefore, paying an employee $24/hour actually costs the company $32/hour.

Flying with MyJets saves 8 hours/round trip. For the employee who flies the same route on a weekly basis, this results in 400 hours/year savings in travel time (8 hours/round trip times 50 round trips/year).

At a cost of $32/hour for the employee’s time.

This saves the company $12,800/year.

The monthly fee of $950 covers all the maintenance and management fees.

The interest on $40,000 commitment is only $250/month or $3,000/year ($40,000 at 7.5%).

The monthly management and maintenance fee costs $950/month or $11,400/year.

The fixed costs total $14,400/year.

In after-tax dollars, this is $8,640/year.

or a net gain of $4,160

Therefore, the company saves money by using MyJets, even for employees that earn less than $50,000/year, .

top

Compare times savings:

Today; for a 9:15am flight from LAX

You need to leave Westlake Village no later than 6am with a 1-hour commute, (if you are lucky), 15 minutes to park your car and 2 hours for security and check-in.

The flight lasts 1 ½ hours, and then, the car rental process takes another 30 to 45 minutes, and travel time to your office, another 30 minutes.

It is now: Noon in the Valley

all added, door-to-door, the trip to your office in the Silicon Valley, takes 6 hours

***With MyJets:

For a 6:30 departure from Camarillo Airport, you leave your home at 6:10

land in Palo Alto where a car waits for you on the tarmac at 7:40AM and you are in your office at 8:00AM

Total door-to-door time: 1:50 minutes

You have saved 4 hours and 10 minutes.

Billed by your company at over $200/hr (perhaps more in your case) that means over $830 saved…for one way or over $ 1660 saved per round trip.

top

Compare costs:

Compare costs for commercial flight out of LAX:
Travel to and from LAX 90 miles at $.36	$ 33
Parking for 4 days	$116
Flight - Economy	$200
Total	$349

*MyJets* prices
Travel to and from Camarillo 36 miles at $.36/mi	$ 13
Parking for 4 days	$ 0
Flight - MyJets Executive class (2hr at $150/hr)	$300
Total	$313
Let’s now compare the amortization of your company’s investment and
monthly fee to the money saved.
Amortization of purchase + monthly fee; for 1 trip per week or 1 person
$40,000 invested at 7.5% interest rate	$ 3,000
monthly fees for the year (950 x 12)	$11,400
Total fixed costs	$14,400
Compared to:
time/money savings to the company
50 trips/year at $1,660 saved/trip	$83,000
net savings to your company	$68,600

Based on one round trip per week, your company will save over $68,000….a year*

You will save hours of stressful, uncomfortable, tiring travel time and enjoy a hassle-free trip.

top

Additional value

MyJets are also available for the owners at a similarly priced rate for you and your family for evenings flights to Las Vegas or family week-end trips to your favorite get-away , based on a first come basis.

top

Net jets

**Netjets the leader in Fractional ownership offers the least expensive Citation Bravo for 1/16^th share and 37.5 hours/year at an investment of $375,000, with a monthly fee of $4,320 and a hourly rate for the plane of $1,560)

MyJets Inc. is not a part 135-charter company