SHARED JET OWNERSHIP

PRIVATE JET TRAVEL on your terms

the unrivaLled

aircraft ownership advantage

Shared private jet ownership at Flexjet embodies unparalleled freedom and peace of mind. Also known as fractional ownership in North America and elsewhere, it delivers, inclusively, what most providers simply cannot consistently offer; extra-mile features like guaranteed availability, exclusive premium fleet access, 24/7 priority scheduling, expert aviation advisors, and even global fleet interchange opportunities.

Beyond the premium aircraft, this experience is full of refined, personal touches within your journey such as crews dedicated to a single and specific aircraft, catered fine-dining, exclusive luxury interior designs from our LXi Cabin CollectionTM – not to mention specialist services such as airport transfers or luxury helicopter services. All of which contribute to an unrivalled trip experience.

SHARE SIZES

Aircraft share sizes can range from 1/16th (50 hours) to ½ shares (400 hours) with each level allotting aircraft Owners a percentage of the 800 flight hours available per year on each aircraft.

Typical Utilisation

Shared ownership is ideal for individuals who plan on frequently utilising private flight for 50 or more hours per year.

PROGRAMME TERMS

MAXIMUM TERM:

60+ MONTHS

MINIMUM TERM:

30-MONTHS

PURCHASE COST

Based on your size of share, you purchase an undivided interest in a specific Flexjet private aircraft for up to a 5-year term. This offers the benefits of owning a portion of a depreciating asset without the larger capital outlay of an entire aircraft.

Monthly Flight Services Fee

If you are looking for all the benefits of owning your own aircraft without the burdens of crewing and insurance, then shared jet ownership is the programme for you. When purchasing a share, you will pay a Monthly Flight Services Fee, which covers items such as pilot provisions and training, insurance, hangaring and administrative costs.

HOURLY TRANSPORTATION FEE

Your Hourly Transportation Fee covers the direct costs of operating your aircraft: maintenance, engine reserves, pilot fees, catering, etc. Enjoy low hourly rates for your entire term, within the Service Areas, without ferry fees.

Shared Jet Ownership

COMMON QUESTIONS

Shared ownership – also known as fractional ownership in many parts of the world – grants guaranteed access to a private aircraft based upon the number of flight hours purchased. Share sizes range from 1/16th (50 hours) to 1/2 (400 hours), with no limit on the number of shares one may own. Each level of ownership includes a percentage of the 800 flight hours available per year on each aircraft. For example, a one-eighth share entitles an Owner to 100 flight hours annually, which is approximately 80,000 kilometres.

With a jet share, there are minimum and maximum contract periods. Most costs are fixed, and Owners may use depreciation deductions applicable to a capital asset. A portion of a share purchase can be sold back to the provider at the end of the contract.

Much of the cost of shared ownership can be broken down into four basic parts:

1. CAPITAL COST (OWNERSHIP)

An asset purchase that allows for a minimum of 50 flight hours per year priced at predictable rates over a specific term in the type of aircraft owned.

2. MONTHLY FLIGHT SERVICES FEE

Covers the indirect expenses associated with operating your aircraft, including pilot training, insurance, cabin support, trip management, crew provisions, and other administrative costs.

3. OCCUPIED HOURLY RATE

Charged for each hour an aircraft is in flight, plus a fixed taxi time. This rate also includes direct expenses associated with maintenance, standard catering, and engine operation.

4. FUEL COMPONENT ADJUSTMENT

Added to the base hourly rate to account for fluctuations in the cost of fuel, which varies monthly.

Simply put, shared ownership is the experience of whole aircraft ownership without the hassles of crewing, maintenance and unforeseen operational costs or downtime. It might be helpful to think of shared jet ownership as a timeshare or a recurring private jet membership.

In a private jet charter environment, your travel needs are still subject to the supply and demand dynamics of an ever-changing market, which often includes your aircraft and crew. Additionally, it must be noted that due to high demand and limited fleet sizes, aspects such as safety, reliability, and availability – to say nothing of flexibility – can become an issue with chartered flights.

Learn more by reading this post.

Shared private jet ownership can be appealing to frequent flyers who may have considered owning a whole aircraft but are looking for approachable and more predictable costs. Essentially, Owners secure the main benefits of whole aircraft ownership – consistency, guaranteed access, exceptional service, and personalisation – for a fraction of the cost, and with none of the upkeep, maintenance, or crewing responsibilities.

Learn more by reading this post.

schedule. SHOW UP. leave the rest to us.

Shared ownership at Flexjet also entitles you to upgrade or downgrade your aircraft to other available fleet cabin classes. This aircraft flexibility and attractive interchange opportunities allow you the freedom to experience different models and cabin classes while optimising for your specific trip needs.

Our approach to your journey not only provides comprehensive control over your travel, but also dedicated, familiar service that fulfills all your immediate needs and promotes supreme confidence at every turn.

Own the ultimate advantage of knowing an aircraft will always be available at short notice, whenever you want to fly.

Flexible Share Interchange

FLEXIBLE SHARE INTERCHANGE

YOUR OWNERSHIP SHARE ALSO UNLOCKS THE ABILITY TO INTERCHANGE HOURS INTO:

  • Other aircraft types within our European fleet
  • Aircraft within our US fleet
  • Seamless helicopter access

EXPLORE OUR FLEET

GULFSTREAM G650 PRAETOR 600

FLEXIBILITY THAT IS FREEDOM

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