What is Fractional Jet Ownership ?
Fractional Jet Ownership is sometimes referred to as Fractional Jet Leasing or Jet Time Sharing. The concept is also referred to as fractional ownership because it is not limited to jet aircraft. It is not legally correct to say that Fractional Jet Ownership is like resort condominium time sharing, but the similarity can help explain the concepts involved: A company or individual buys, or leases, a fractional interest in one aircraft just as they might acquire a partial interest in one condo unit. They can use their own aircraft or another similar or identical aircraft a certain number of hours or days per year just as a condo owner can use the condo a specified number of days or weeks per year. In most programs, if your 1/8 interest aircraft is not available when you want it, you can have access to a larger pool of identical or similar 1/8 interest aircraft fractionally owned or leased by others. This concept is expressed in the logo. Although individual deals vary, there is room for
