As fleets of business jets age, aircraft operations managers must evaluate how to invest money to take care of each aircraft or whether to recoup some of the original purchase price by selling.

Owning a private jet is fraught with major decision-making.

With commercial airline schedules becoming more and more unpredictable, and global airlines adjusting their operations to cover half their normal routes with only one-third of their jets, larger companies are turning to private aviation and purchasing their own business jets.

NPV is a valuable tool for determining whether something is a good investment - like a private jet. However, NPV for investing in a private jet is slightly different from traditional investments. Your financial adviser or chief financial officer can...