Fractional Ownership

Fractional ownership is a method of owning an aircraft where multiple individuals or companies share the cost of purchasing and maintaining the aircraft. Each owner has a percentage of ownership and is allotted a certain amount of hours to use the aircraft each year. Fractional ownership allows for the benefits of aircraft ownership without the full financial burden and responsibility. The management company responsible for the aircraft takes care of maintenance, scheduling, and other operational tasks. Fractional ownership is often used by businesses or individuals who require frequent air travel but do not want to commit to the full cost of owning an aircraft.

Your Previous Searches

Random Picks

Hand Signals: Hand signals are a form of non-verbal communication used by ground personnel to communicate with pilots in situations where verbal communication is not possible or practical. This is particularly important in noisy environments such as airp ... Read More >>
Cylinder Head Temperature: Cylinder Head Temperature (CHT) is the temperature of the cylinder head of an aircraft engine. It is an important parameter to monitor the health of the engine and to prevent overheating. CHT is measured using thermocouples installed in the ... Read More >>
Neutral Third Party: In aviation, a neutral third party refers to an independent entity that is not affiliated with any of the parties involved in a dispute or transaction. The neutral third party is responsible for facilitating communication and negotiations b ... Read More >>

Fractional Ownership

Your Previous Searches

Random Picks

Top News

Passengers on Southwest flight evacuated after engine fire forces plane's return...

American Express's wealthy cardholders are mostly untouched by tariff jitters...

Frontier Airlines offers $500 vouchers and refunds to passengers after a 'hard l...

United Airlines hoping premium travel demand will carry it through economic turb...

TCS faces US probe over alleged bias against non-Indian workers...