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What is an aircraft fractional ownership program?

April 26, 2017aircraft fractional ownership program

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What is an aircraft fractional ownership program?

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Fractional ownership offers a company or individual the option, instead of buying an entire aircraft, to purchase shares of one. It is designed to be flexible in order to meet the needs of our customers. Fractional owners pay a percentage of the price paid for an aircraft that is proportionate to the amount of hours they want available per year for the duration of the contract, although additional hours can be purchased if the need arises.