Do I really own part of an aircraft? What is the difference between Executive AirShare and charter?
A. Yes, you own an undivided interest in the aircraft. For tax purposes, you own a portion of the airplane, therefore you retain the depreciation benefit. The Executive AirShare program aircraft are 1995 or newer, so the residual value for your share at the end of the 5-year term will be higher in comparison to an older aircraft. Charter is paid on an hourly basis, however a lot of charter aircraft tend to be older because of the holding cost associated with the ownership of the airplane. Executive AirShare customers recognize the benefit of owning a nearly new aircraft compared to chartering planes that are sometimes greater than 20 years old. Q. I don’t have the time to deal with my travel budget but I’d like to see if Executive AirShare could save me time and money compared to my existing method of transportation. A. We at Executive AirShare pride ourselves on the personal touch we provide to our customers as well as newcomers to aircraft ownership. We would be happy to analyze your
