WHAT DOES FRACTIONAL OWNERSHIP COST?
Q: What does it cost to buy into a program and what do I get for my money? A: The purchase price of buying into a fractional jet ownership ranges anywhere from around $400,000.00 for a 1/16th interest in a Beechcraft 400A small jet to about $22,000,000.00 for a one half interest in a Gulfstream 550 corporate airliner. Monthly management fees for the same aircraft types and shares would range from around $6,500.00 to over $130,000.00. Hourly fees may range from $1,200.00 to $3,700.00 per hour, exclusive of fuel and other surcharges, which vary by program. For a typical mid-size jet, such as a Hawker 800XP, Lear 45, or Citation Sovereign, the purchase price of a 1/8 share would be between $1,200,000.00 and $2,500,000.00, with monthly management fees of between $15,000.00 and $19,000.00, and hourly fees of between $2,200.00 and $2,700.00, exclusive of fuel surcharges. The owner would be entitled to 100 hours per year or more of flight time, depending on the program manager. All pricing in