Fractional ownership grants guaranteed access to a private aircraft based upon the number of flight hours purchased. Share sizes range from 1/16th (50 hours) to 1/2 (400 hours), with no limit on the number of shares one may own. Each level of ownership entitles includes a percentage of the 800 flight hours available per year on each aircraft. For example, a one-eighth share entitles an owner to 100 flight hours annually, which is approximately 50,000 miles.
- Capital Cost (Ownership): An asset purchase that allows for a minimum of 50 flight hours per year priced at predictable rates over a specific term in the type of aircraft owned
- Asset purchase – this upfront cost covers your share of the aircraft.
- Monthly Management Fee – Covers the indirect expenses associated with operating your aircraft, including pilot training, insurance, cabin support, trip management, crew provisions, and other administrative costs
- Hourly Rate – Charged for each hour an aircraft is in flight, plus 2/10 taxi time. This rate also includes direct expenses associated with maintenance, standard catering, and engine operation
- Fuel Component Adjustment – Added to the base hourly rate to account for fluctuations in the cost of fuel, which varies monthly
*Certain federal taxes may apply
- None of the risks, restrictions, and responsibilities associated with whole ownership
- Much smaller upfront capital deployment + fixed costs
- Repositioning, catering, and de-icing fees are covered
- Ability to upgrade or downgrade aircraft for specific trips
- Option to utilize more than one aircraft simultaneously
- No maintenance downtime or need for supplemental lift
- Access to multiple bases of operation
- Option to sell share back to the provider at end of term
- Depreciation deductions applicable to a capital asset
- Provider handles all crew scheduling, aircraft maintenance, insurance, regulatory compliance, hiring and training, storage and parking