Business Aviation is available in a variety of forms, each with unique features and advantages. This article looks beyond fractional shares in the sharing or co-owning of a business aircraft.
(This was first published in World Aircraft Sales magazine, and Avbuyer.com)
Fractional ownership lowers the barriers to purchasing and using a business aircraft. The capital needed to gain access to one or more aircraft is reduced by acquiring a shared interest in the asset. The idea is much like that of time-share vacation properties. When you don’t need full time access, why pay for the entire property?
For many companies, chartering a business aircraft is their first experience with Business Aviation. For experienced flight departments, charter is also a means for obtaining supplemental lift. This article is adapted from one published in the May/June issue of Business Aviation Advisor.