If you’re a frequent traveler, you’ve probably dreamed of owning a private jet—but let’s face it, the sky-high cost is a major roadblock. Commercial flights aren’t much better, with endless lines, exhausting procedures, and all the usual hassles. So what if there was a way to enjoy the luxury of private air travel without breaking the bank? Good news—there is! The world of private aviation is evolving, and in this article, we’ll break down everything you need to know about fractional jet ownership—so you can decide if it’s the right fit for you.
The Basics of Fractional Jet Ownership
Fractional jet ownership is a solution that allows you to buy a part of a private jet with a few individuals who share the same interests and needs as you. The part that you paid for, based on how much money you invested, will give you a particular hours of flight in a year that you are allowed to use. If you don’t know where to start when looking for the best solution, we recommend that you first do research that compares jet card and fractional ownership, and see the advantages and disadvantages of both cases to easily conclude which choice is the right one for you. These two models have a lot in common, but there are some differences that you should learn about before making the right decision.
Financial and Operational Considerations
Fractional Jet Ownership is a visibly more money-saving investment than owning a whole jet all on your own. But still, it is considered a serious investment. Even though additional costs are usually divided among other owners, there are some things for which you should set aside money for and those are initial share purchase, monthly management fees, and hourly operating costs.
Who Benefits the Most From Fractional Jet Ownership?
This option is especially suitable for frequent travelers who want a service personalized to their own needs and the accessibility of a plane anytime they want, without the need to pay for additional costs that owning a private jet alone requires.
It is an ideal choice if you are someone who loves traveling with your family or friends and often likes to spend a weekend out of town.
Flexibility Without Stress
One of the best qualities that fractional jet ownership offers is the possibility to book a flight whenever you want. You can book a flight from 8 to 24 hours before flying away, and many providers give access to the whole fleet, not only to your airplane. This flexibility is a great option for business owners who travel a lot and whose trips can sometimes be sudden and unpredictable.
With fractional jet ownership, you get to be the one in control! You get to choose the time of the flight, without the need to wait for long procedures. All you need to do is properly manage your budget, time, and goals to get the most luxurious and comfortable trip that you deserve. Now that you are informed enough, it is up to you to make a decision!
