Fractional aircraft ownership offers companies and individuals all the benefits of private flying at a fraction of the cost of owning a whole aircraft and without the management responsibilities. Fractional ownership makes it possible to calibrate the size of your investment to meet your air travel requirements.

You purchase a share in a specific aircraft tailored to your business and/or personal transportation requirements, i.e., the number of hours you actually fly each year, where you go, how long you stay, the number of people flying, etc. Since fractional ownership management agreements are typically written for five years, you are essentially acquiring a ‘bank" of hours to be utilized over that period. For example:

 

50 occupied hours – 1/16 interest = 250 hours over 5 years

100 occupied hours – 1/8 interest = 500 hours over 5 years

200 occupied hours –1/4 interest = 1000 hours over 5 years

400 occupied hours –1/2 interest = 2000 hours over 5 years

800 occupied hours – 8/8 interest = 4000 hours over 5 years

2. You acquire an "undivided lien-free interest" similar to "tenants-in-

common" in real estate ownership. You retain financial and legal control over your fractional asset in a specific serial-numbered aircraft registered with the FAA. It cannot be affected or encumbered by the financial actions or requirements of other owners.

3. In some programs, you own the asset for as long as you wish and never

have to purchase another interest if you choose to retain your ownership and stay in the program. You simply review your management agreement at prevailing monthly and hourly rates. In other programs, you are required to sell back and purchase in interest every five years.

5. You pay an occupied hourly rate to cover direct operating costs including

6. You have no management responsibilities or concerns. The fractional.

aircraft company manages your interest and provides total flight crew management, trip scheduling, ground support, catering, ground transportation, and all maintenance

7. You are guaranteed availability, with as little as four to six hours’ notice,

depending on the size of the aircraft you acquire. Fractional ownership is not a time-sharing program where you cannot use your aircraft if one of the other owners is using it. Good fractional aircraft ownership programs unconditionally guarantee that, when you call for your airplane, either your aircraft or a comparable or large aircraft will be dispatched.

8. If a particular trip requires a different aircraft to meet your travel

requirement, you may be able to interchange and utilize other aircraft types in the fleet at an appropriate interchange rate. Some providers have international programs, which allow owners traveling abroad to interchange regardless of where the fractional interest was purchased.

9. If you choose to leave the program for any reason after a minimum