Plane Sense

Fractional Aircraft Ownership
By Jake Strong

For many, owning a private aircraft is about status-with convenience being important too. Because aircraft ownership is a sizable investment and because many wisely look before they leap, fractional ownership is very popular.

Here's how it works. With fractional ownership you purchase an "interest" in the aircraft. An aviation company, as part of its overall aircraft fleet, operates the aircraft. As a fractional owner you have use of the aircraft basically on demand. Of course, you can't use it a million times a year. With your investment comes a limit of flying hours.

Generally, if you plan to fly 200 hours or less annually, fractional ownership can be a good option for you. Also, as an owner, you won't have to worry about a lot of the stuff that goes into private aircraft ownership. For instance, the aircraft management company will provide pilots, insurance and maintenance for your plane. They may also provide catering and other great services.

As a private aircraft owner, scheduling flights days and weeks in advance is a thing of the past. Once an owner, you simply pick up the phone and your plane will be ready in a few hours-where you want it and where you want to go. It's the ultimate in convenience.

The investment size will vary with the plane. Typically, fractional ownership deals are split into eighths. Today, these deals are available on just about any type of aircraft-even smaller single-engine piston planes. Fractional ownership is a great first step into the private aircraft arena.

For all your private aircraft needs, check out the valuable resource at PrivateAircraft.org. There's information about private aircraft types, aircraft fractional ownership and private aircraft news.

Looking for information on charter flight services? Check out AirplaneCharterCompanies.com for the latest private plane charter flight information, charter flight news, and companies offering charter flight services.

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