How Does Fractional Ownership Work? A Step-by-Step For You
For those individuals and businesses seeking the advantages of private air travel without the full financial responsibility of owning an entire aircraft, fractional jet ownership offers a practical solution. In this comprehensive guide, we will lead you through the intricacies of fractional ownership, one step at a time. Step 1: Choose a Fractional Ownership Program The journey begins by selecting a private plane ownership program that suits your travel needs. Various providers offer different options, such as the number of annual flight hours, the size and type of aircraft, and the geographic coverage area. Consider your travel frequency, destinations, and budget when making this choice. Step 2: Purchase Your Fractional Share After identifying a program that suits your requirements, you can acquire a segment of the aircraft. Fractional ownership shares are sometimes provided in fractional accompanied by a specified annual allo...