Fractional Jets – Is Fractional Ownership Right for You?

Sharing has always been a great issue. It gives the necessary strength and confidence to move forward. If you lately felt that your business budget can’t support the rental cost of a whole private jet, it is time for you to discover what fractional jet ownership is. Charter jet companies are aware that things can’t go steadily in life; the same might happen to your profits. However, several offers are available for those who can’t fully afford jet chartering anymore, but would like to continue doing business while traveling.

Fractional jet ownership is sometimes referred to as jet time sharing. Note that fractional ownership is an old concept and is not limited only to jet aircraft. However, the term has been implemented so deeply into the aviation industry that most people may think of aircraft rental when they hear “fractional ownership”.

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This kind of sharing stands for co-ownership of an asset and the right to its use. When someone applies to a fractional jet ownership program they automatically sign up and agree to certain terms of service. Over the period of your fractional contract (from one to five years) you may never actually fly on the aircraft you own! How is this possible?

When dealing with fractional ownership, you partially trust your private jet to a certain company. Why would someone do such a thing? This decision offers constant savings for that period of time when flying is not a good option for you. If still confused, just imagine you lease your jet to someone you don’t know, via a fractional ownership company. You don’t have to pay for most of the aircraft maintaining costs and might even get profit.

In most programs, if your aircraft is not available, you can have access to other identical or similar fractional jets, owned or leased by others. This is also called interchange, and it’s quite affordable. The main idea is that when your fractional jet isn’t available, you fly on someone else’s, and vice versa. If you are successful in your business and want to take advantage from everything that happens to you in life you better check out the latest methods to quit smoking so that you should not say goodbye to your whole wealth when time comes to find out that you have an uncurable disease caused by smoking.

Now it’s all up to you to decide if fractional jet ownership is the right option or not.