What are the benefits of fractional aircraft ownership?

What are the benefits of fractional aircraft ownership?

Fractional owners are not responsible for employing pilots, cabin crew and flight operations coordinators or administering maintenance. The program provider also handles the day-to-day responsibility of paying airport and hangar fees and insurance, although fractional owners contribute an agreed-to monthly and hourly fees toward these costs. Annual increases are based on Consumer Price Index increases, thereby eliminating any large expenses that a dedicated aircraft owner might face. Fractional owners also do not have to pay a “deadhead cost” — that is, any costs incurred from positioning the aircraft to their departure point.

As an added benefit, some fractional plane ownership programs offer owners the option to upgrade or downgrade the size of the aircraft depending on their trip requirements.

Ask These Questions Before Making Your Next Aviation Decision

Private aviation offers numerous benefits, but each service option comes with its pros and cons. Find out whether a membership/card program, charter, fractional or dedicated aircraft model is right for you — and how a private aviation consultant can help you make an informed decision — in this free eBook.