Fractional Aircraft Ownership: Pro or Con?
Many businesses whose executives or associates frequently travel have considered owning an aircraft for the purposes of convenient, quick, and comfortable travel. While this may work for some businesses, others simply cannot afford the high cost of obtaining and maintaining corporate aircraft. To this end, a number of services have crept up offering what is known as "fractional aircraft ownership." For an upfront cost, businesses or individuals can purchase what is, in effect, a timeshare portion of a private aircraft.
Related article: Aircraft Charter Rental Service
Many people who purchase a fractional aircraft ownership are pilots who fly as a hobby. For this purpose, the practice works. The company who runs the program maintains the aircraft, and hobby pilots can then take out their planes for flights without having to worry about regular aircraft maintenance. The practice of fractional aircraft ownership may not be the best option for businesses that need their aircraft quickly, though.
While many fractional ownership companies have advertised in the past that owners could have their aircraft available in a matter of hours, in our experience we have seen that, other than in very special circumstances, planes are often not available to their partial owners without advance notice of at least three days.
Air Denver's charter referral service is a cost-effective and convenient alternative for businesses considering fractional ownership of an aircraft. With Air Denver, you have access to an extensive network of available jets and turbo prop planes. Within twenty minutes of your request, we will have available options ready for you to review. Once you have chosen your preferred option, you can be in the air on the way to your destination within a period of 60 to 90 minutes. There is also no up front cost.
Consider Air Denver's charter referral service, the more cost-effective, quick, and convenient alternative.
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