Fractional ownership means buying a share of an aircraft — typically 1/16th to 1/2 — that entitles you to a guaranteed number of flight hours annually. You own an asset, share costs with other owners, and access a fleet managed by the fractional provider.
How It Works
Purchase a share (1/16th = ~50 hours/yr, 1/8th = ~100 hours/yr). Pay monthly management fees covering crew, maintenance, and insurance. Pay occupied hourly rates when you fly. The provider guarantees aircraft availability — you may not always fly your specific aircraft, but you fly the same type.
Major Providers
NetJets: largest fractional program globally, 845+ aircraft. Flexjet: premium service focus, newer fleet average. PlaneSense: PC-12 and PC-24 specialist. Airshare: midsize-focused regional program.
Cost Structure
Initial purchase (1/16th share): $500,000–$2,000,000+ depending on aircraft type. Monthly management: $8,000–$20,000. Hourly rate: $2,500–$8,000 when flying. 5-year minimum commitment typical.
Frequently Asked Questions
A 1/16th share costs $500,000–$2,000,000+ depending on aircraft type, plus monthly management fees and per-hour flight charges.
A 1/16th share provides approximately 50 hours per year. A 1/8th share provides approximately 100 hours.
Yes. You hold title to a fraction of a specific aircraft. You participate in the asset's appreciation or depreciation.
Yes, but typically through the program provider. Some programs guarantee buyback at fair market value.
Fractional programs designate peak travel days (holidays, major events) when availability may be limited or surcharges apply.
For 50–200 annual hours, fractional provides cost predictability and guaranteed access that on-demand charter cannot match.
Depends on your mission profile. NetJets offers the largest fleet and global reach. Flexjet offers a more curated experience.
You sell your share back to the provider, typically at fair market value. Some programs offer renewal at current pricing.
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