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The debate regarding full business jet ownership versus air charters is not really an issue. These subjects are very different and are typically determined by frequency of use and personal (or corporate) preference. However, discussing fractional ownership (similar to time sharing) of private business jets or using on-demand air charters is a more focused discussion.
Fractional ownership has some of the advantages of being an aircraft owner versus a “renter,” but also has some issues not found with business jet charters. While you may not be directly responsible for aircraft maintenance, the related fees will be due for this obvious requirement. Also, should you have a definite preference for a specific business jet, your choice may or may not be available when you need it.
If you charter corporate jet aircraft from a company or broker with access to the model(s) you prefer, your corporate travel experience could be more pleasant. Top air charter brokers, like Blue Star Jets, can often give you a wider selection of aircraft choices. For example, although you may normally use light jets, like Lear or Citation, you might need a helicopter on occasion. Your charter broker can often make successful arrangements quickly for this aircraft. A fractional ownership program may or may not be able to provide the same diversity of service.