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Article Index > Jet Options Overview > Fractional Ownership

Fractional Ownership

Sharing the costs of acquiring an asset is a fairly common practice now in real estate, yachts and many high ticket items. The idea is you're not going to use the asset ALL of the time, so share it with other users and only pay for the direct costs you incur. The first, and still largest, fractional ownership player in the private jet space is NetJets. However there are many other options now that offer great service and value as well.

The idea with a fractional plane ownership model is that a buyer can still get some of the tax benefit of buying a depreciating asset and only pay a fraction of the total cost for the asset. Also, the buyer doesn't have to worry about operational issues because the fractional provider also operates the airplane.

Compared with other ways to fly private the initial capital outlay can be high. However, for many the benefits of fractional ownership are very sensible. There is usually a cost per hour that owners will pay when they use the plane. Frequently programs will allows use of a different type of aircraft than the one purchased. This can add some flexibility.

Each fractional provider will have unique options related to the specific types of planes they sell. Some will sell a 16th of a plane, some only an 8th. Some will offer a variety of planes to choose from, others offer only one type of plane.

The research required prior to buying a fraction of a jet is substantial. You've come to the right place to get started though! We'll connect you with the proper fractional provider for your needs!

Here are some specific advantages to a fractional ownership program:

  • Consistently high service standards
  • Modern aircraft, most with the latest safety systems
  • Consistent and high pilot training standards
  • Predictable costs for most people (excluding fuel adjustments)
  • Wide variety of aircraft types
  • Strong contractual service guarantees
  • Larger fleets offer choice and good back-up if things go wrong