Does it make sense for me to buy a “fractional share” of a business jet or turboprop aircraft?
A. The answer to this question will vary from person to person, and requires a detailed analysis of their travel requirements, their income, their tolerance for risk, and their desires. Owning a fractional share of an aircraft is different from simply having a charter aircraft available to you when you want it. There is actually an ownership interest in the aircraft, and complex legal interchange agreements to allow you to utilize more than one aircraft, all of which have attendant liabilities. It may be difficult to sell a fractional share if you find that you do not use it enough or that your needs have changed. You may find that chartering makes more sense. If you fly enough, you may even find that owning your own aircraft is a better choice for you. Many people have enjoyed the benefits of fractional ownership, and there are several companies who are very experienced in operating fractional ownership companies. You should beware, however, as there are a number of “copycat” companie