Fractional Jet Ownership: Are There Better Options?

Fractional jet ownership, in its simplest form, allows individuals or companies to own a “fraction” or “share” of a jet. Instead of bearing the burden of full ownership—with its immense costs and responsibilities—you buy into just a part of the aircraft. This typically grants you access for a predetermined number of hours per year.

The advantages are clear. With reduced upfront costs, you’re not tied down to the financial strain of a singular jet. Additionally, concerns like maintenance, crew hiring, and aircraft management are mostly handled by the provider. This ease makes fractional ownership especially appealing to those new to private aviation or those who fly between 50 to 400 hours annually.

Yet, it’s not without its pitfalls. Ongoing monthly management fees can quickly add up. There’s also the potential frustration of your jet being unavailable during peak times, even though you technically “own” part of it. And like a car, jets can depreciate over time, which might not provide the return on investment some shareholders expect.

These pros and cons bring forth the question: Are there better alternatives to fractional ownership?