Flying » Fractional Jet Ownership

February 1, 2012
Can NetJets Europe defy the doubters?
Fractional aircraft ownership is a great American entrepreneurial idea that arguably hasn't traveled well. Fifteen years after its main proponent, NetJets, brought the concept to Europe, that company remains the only one to have achieved any lasting traction in the international markets that supposedly have a massive appetite for business aviation.
November 30, 2011
Vespa scooter
A fractional share can take care of your air travel needs, but how will you get to the airport? Avantair, which features Piaggio Avanti twin-engine turboprop aircraft, is offering what could be a fun solution: For a limited time, purchase a new 50-hour fractional share or Axis Lease Program from the Clearwater, Fla.-based company and it will give you a Vespa Scooter at no additional charge.
October 1, 2011
Each of the major companies in the fractional-share business claims to be number one at something, the point being that it is the smartest choice for you. We investigated some of these claims–all of which we found on the providers' Web sites–to see how well they stand up to scrutiny.
August 1, 2011
Zaher Deir, managing director of jet connections, claimed its program will ma
Perhaps you like everything about ­fractional ownership except the ownership part. You want to be able to count on having the same model aircraft for every flight and the idea of sharing expenses with others appeals to you. But maybe you can't come up with the cash to purchase a fractional share or can't use the tax benefits that accompany ownership.
June 1, 2011
Small operators don’t have as many resources as the big-four providers to hel
You're probably familiar with the four operators that dominate the fractional-jet-share business: CitationAir, Flexjet, Flight Options and–the biggest of the big, with more than half the market–NetJets. But if you're shopping for a share, those aren't your only choices.
May 31, 2011
You're probably familiar with the four operators that dominate the fractional-jet-share business: CitationAir, Flexjet, Flight Options and–the biggest of the big, with more than half the market–NetJets. But if you're shopping for a share, those aren't your only choices.
February 1, 2011
“Fractional is slightly more than 50 percent of our business,” said Citationa
Not long ago, the idea of selling fractional shares in business jets looked like a winner. Industry pioneer NetJets-which Warren Buffett had acquired for Berkshire Hathaway in 1998-appeared prosperous, and so did the several other companies that had formed to take advantage of the business model.
December 1, 2010
Providers generally charge a minimum of 60 minutes per flight. So If all your
If you're new to the world of fractional shares, you may well be confused about how these deals work and about the terminology you're hearing. Here are the answers to some frequently asked questions. How did the fractional-share concept get started?
August 1, 2010
Leasing might make sense if you can't take advantage of the tax-depreciation
You've analyzed numerous variables, including where, when and how often you fly. You've determined that a fractional share makes sense for you and figured out which aircraft model best suits your needs. You've even picked a fractional provider. Time to call the company, sign the paperwork and break out the margaritas?
June 1, 2010
Kenn Ricci, who founded Flight Options and left the company in 2003, returned
When industry observers speculate about the future of the four biggest fractional-jet-share providers, the company that often prompts the most discussion is Flight Options. That's because it has arguably undergone more change than its competitors while also lacking the protection afforded by being under a large corporate umbrella.

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Quote/Unquote

“"Many years ago, our company founder, Al Conklin, sold a new twin-engine business aircraft to a very successful entrepreneur. He had established a bit of a rapport with the individual and, after the sale, asked him straight out, 'How can you justify the cost of this airplane?' His reply? 'What is the cost of a divorce?'"–David Wyndham, president, Conklin & de Decker”

-David Wyndham