Scott Jensen wrote:
More specifically, let's say you have a number of employees in Fiji.
Each
gets four round-trip flights to anywhere in the world each year as
part of
their benefit package. Most will want to use at least one of those
for the
Christmas season to spend the holidays with family. There would also
be an
expected heavier usage of their flight options during the summer.
The
question I have is: How many employees would one need to have where
buying a
private jet and employing pilots would make economic sense? Would
there
also be a span between these two options where chartering a private
jet
would make economic sense?

And the answer is, never. These people are flying coach, to
airline-served destinations, probably purchasing their tickets well in
advance. Those tickets are filler - the airlines sell them at below
cost to keep the seats filled. Plus the time of the employee is worth
nothing because they are doing this travel on vacation, not company
time.

A private jet makes economic sense only when the people are traveling
at the last minute, to destinations not served (or not well served) by
the airlines, and their time is worth a lot.

Michael