Fractional Jet Ownership
Fractional jet ownership enables companies and individuals to purchase a share in a jet – generally starting at 1/16th, equivalent to about 50 hours of flying annually. Fractional ownership involves an upfront investment in the asset, along with monthly management fees and an hourly charge for flying. Fractional ownership offers many of the advantages of whole ownership at a lower cost, and access to an entire fractional fleet. Plus, all aspects of managing and operating the aircraft are handled by the fractional provider. Because fractional owners actually own a portion of the asset, there may be tax advantages in doing so. In addition, the fractional owner realizes asset value at the end of the contract period when the jet is sold.
