Aircraft Jet Charter Membership Vs. Fractional Jet Ownership
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Aircraft Jet Charter Membership Vs. Fractional Jet Ownership
Fractional jet ownership was very popular during the 80s & 90s, prior to the appearance of aircraft charter companies. Purchasing a “part of an aircraft” could reduce the normally large financial commitment associated with full ownership. However, chartering jet aircraft offers far more advantages.
For example, owning a portion of one aircraft comes with many built-in limitations and expenses. You are, obviously, subject to the performance abilities of your aircraft, including air speed, cruising range, number of passengers, fuel consumption, and sleeping accommodations, to name a few. An aircraft jet charter arrangement offers you access to an entire fleet, from turbo-props to heavy jets.
Other potential benefits include no monthly aircraft maintenance and license or position fees, insurance or certification issues, and guaranteed ability to charter a jet when you need it. Finally – and maybe most importantly – you have no obligations to invest in an aircraft. Compared to a rule of thumb estimating 300 flight hours per year to justify aircraft ownership, you only commit to the exact flight you need to take.
| Guru Spotlight |
| Sherril Steele-Carlin |
