What is airline fractional ownership?

There are numerous great things about fractional aircraft ownership , but it may be difficult to choose which is right for you. Before you select a program, you need to first understand the nuances of fractional ownership, including the terms of service and the contractual agreements. A management agreement, which governs the relationship between the fractional owner and the provider, is important to make sure a clean transition in to the program. Whether you're a new comer to the thought of aircraft ownership, or have already been flying for many years, it's important to locate a company that may answer your questions.

Another good thing about fractional aircraft ownership is fleet flexibility. Unlike traditional aircraft ownership, you don't need to be stuck with one plane. Your company's fleet is flexible, so you can upgrade or downgrade to a different model if you have to. You'll never be stranded if your plane is in the shop again, and you'll not have to be concerned about spending money on repairs and maintenance. With a Jet Card, you merely pay for the hours you fly, and you'll never be left stranded in an unfamiliar airport.

Another advantage of fractional aircraft ownership is convenience. If you should be unable to utilize the plane frequently, you won't need certainly to bother about making maintenance appointments. You'll only pay fees for the hours you use. The price of operating a fractional aircraft can be less than investing in a brand-new jet or leasing a smaller one for a shorter period of time. You'll also have significantly more operational flexibility and greater use of airports and other amenities.

While there are lots of advantages to fractional aircraft ownership , a number of the disadvantages may possibly not be worth the benefits. Some fractional providers allow you to fly the aircraft a specific amount of times each year. Others will not enable you to fly your plane for significantly more than fifty hours per year. Some people desire a jet over 50 hours annually, but the advantages are worth it. Along with savings, a fractional aircraft ownership program allows you to go different places at less expense than a full-sized aircraft.

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