Fractional Aircraft Ownership
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With fractional aircraft ownership, you gain all the convenience, access, and time advantages of owning a jet
aircraft but at a fraction of the cost.
Accomodate your travel patterns: How often you travel, where, with how many people and how long you stay -
this helps determine the jet type and fractional share size that's best for you.
Buy as much as you need. Fractional shares start at $406,250 for a 1/16 interest (the equivalent of 50 hours
of annual flying time) in a Hawker 400XP. Your monthly management and hourly fees cover nearly everything.
If you need fewer hours, cards are sold in single-year, 25-hour increments.
Travel on your terms. Fly on your private aircraft when you want - from the airport closest to your home/office to
the airport closest to your destination. You have access to over 5,000 airports worldwide.
Access an entire fleet. Owning a share gives you the freedom to exchange among the different jet types.
Feel safe. Rigorous safety standards set the benchmark for the industry and demonstrate that your safety is
never compromised.
Relax. Because you've already told them all your preferences, they handle all the details from ground
transportation to having your favorite foods and reading materials onboard.
All maintenance inspections conducted on aircraft meet or exceed the provisions for fractional aircraft
providers specified by the Federal Aviation Administration (FAA). Companies guarantee never to compromise
on safety, and safety starts with aircraft maintenance procedures.
All aircraft go through a carefully managed maintenance regimen handled by the professionals who know
them best: the original equipment manufacturers and their authorized support facilities. Manufacturers must
meet very high standards for maintenance.
From champagne to fresh flowers on board your aircraft, to special meals and special movies, service
comes in only one style: yours. Personal care, anticipation of your needs and attention to detail, in short,
world class service is what fractional jet ownership provides every day. Highly skilled, experienced and
dedicated professionals are always available to assist you with your requests. Continual service training of
the entire team ensures that they can meet your most exacting requirements, 24 hours a day, 365 days a year.
Fractional flying, you say. Is that division? Well, sort of. Fractional flying is where you, the customer, can own a
"share" in a private jet. In most cases these shares allow you to own as much as 1/4 to as little as 1/32 of a
40 million dollar private jet. Where full ownership may be out of reach for you fractional ownership may be the
best option to getting you in the air. Let's take a look at four companies offering fractional flying in the US.
1. Netjets. Richard Santulli is the brainchild behind modern fractional jet flying as he founded Netjets on this
principle in 1986. The concept has grown from selling shares in a few jets to selling shares in sixteen
different models. Indeed, aircraft much "cheaper" than a 40 million dollar jet can also be shared starting with
the Hawker 400 XP and working up to a BBJ [Boeing Business Jet]. Santulli sold out to Warren Buffett of
Berkshire Hathaway in 1998, but he remains a key player with the company.
2. Flexjet. Not to be left out in the cold, Canadian aircraft maker, Bombardier, jumped into the fray with AMR
Combs [parent company of American Airlines] and started Business JetSolutions. In 1997, Bombardier
bought out AMR Comb's share and renamed the company Flexjet. Today, Flexjet customers can purchase
shares in various Learjets [now owned by Bombardier] and Canadair [another Bombardier make] aircraft.
3. Flight Options. Raytheon Aircraft Company is the principle owner of Flight Options which was founded in
1998. Raytheon aircraft, which include various Hawker models, are some of the aircraft utilized in Flight
Options's fleet. Other aircraft flown by Flight Options are the Embraer Legacy and the Citation X.
4. CitationShares. Launched in 2000 as a joint partnership between TAG Aviation, an aircraft management
and operations company, and the Cessna Aircraft Company. CitationShares features three Citation models
produced by aircraft manufacturer Cessna: the CJ1, the Bravo, and the Excel.
Other things to consider when purchasing your fractional share include the following:
1. Acquisition Cost. When you purchase your share, how long do you actually own that share? Is it renewable
and for how much? Is there any additional outlay in capital for you during the time that you own a share?
2. Management Fees. Monthly charges will be billed separately and include: pilot salaries and training,
storage [hangaring] of the aircraft, insurance, and support.
3. Hourly Fees. During the time you are actually flying -- and also for a predetermined amount of time before
takeoff and after touching down -- you will be assessed hourly charges to cover catering, maintenance, fuel,
and landing fees.
4. Taxes. Fuel surcharges, international taxes, and federal surcharge taxes will also be assessed.
Fractional flying presents to you, the customer, options that were previously available only to those who
owned a private jet. If convenience, luxury, safety/security, and price are important to you than a share in a jet
is an option worth exploring. The four featured operators are leaders in the industry and can provide for you
more detailed information.
Wouldn’t you like to own your own private jet? Have you ever thought about it? Many of us have and you know
what it is not all that expensive as you might think after all. Private jet ownership is really taking off these days.
As a matter of fact manufacturers of business aircraft are quite happy with the market sector and most are
completely bullish on their future prospects in the industry.
There is much interest in the private transportation sector and jet aircraft business. Fractional Jet ownership
has never been easier. While we are nearing the top of a classic business cycle we see good economic
conditions. Business Jet sales and fractional ownership continue to rise; in fact one aircraft manufacturing in
a press release stated that they predict; “8,300 business jet purchases worldwide through 2014, valued at
more than $131 billion” and are reading themselves now to take advantage of it. No city in America could be
more thrilled with that kind of news than Wichita Kansas.
In another recent industry press release it stated; “The industry's most seasoned advisors will convene once
again at Strategic Research Institute's 10th Annual Corporate Aircraft Transactions, July 11-12, in New York
City, to bring you up-to-date on current issues affecting business aviation today and introduce tools and
techniques needed to advance your knowledge in the corporate jet acquisition and financing process.”
Federal Aviation regulations and Part 135 have changed a bit and seem to be moving towards working with
the market place to insure continuation of this private jet trend. Fractional Jet ownership has never been easy.
Where would you like to fly today? Think about it.
