In the world of aviation, the costs associated with private jets can be difficult to comprehend. Each aircraft comes with a set base price along with a myriad of additional and often unthought-of expenditures. However, over time a variety of ownership models have been established helping potential buyers find an easier solution to this issue. Options such as Fractional Jet Ownership have become increasingly popular and for good reason. Understanding how this pricing model works is the first surefire step to a successful jet-buying process.
Fractional Jet Ownership is an ownership model that allows buyers to purchase private jet usage rather than the jet itself. This allows owners to use any aircraft within the fleet using the agreed-upon flight hours. Owners using this model would have free reign to choose between different size aircraft as needed for each trip. Furthermore, Fractional Jet Ownership allows owners to use the jet as any owner would without the worries of hidden costs such as hanger costs, fuel costs, and crew costs.
Similarly to the traditional model, Fractional Jet Ownership has a dedicated upfront cost associated with the purchase. However, how much does fractional jet ownership cost? That answer is simple; it’s up to the buyer. As this model is focused on the buyer’s needs rather than the direct availability of a singular jet, the cost associated with it depends on the hours they choose to buy. For example, if a buyer is looking to use a jet sparingly then 50 flight hours may cover the need. However, if the jet is to be used for business or other frequent travel, a larger package may be necessary. This allows a buyer to not have a large looming investment that can potentially depreciate over time.
Unlike traditional ownership, Fractional Aircraft Ownership through flyExclusive provides not only cost savings but removes all the headaches of fractional ownership altogether. This is done by taking the regular operations costs and responsibilities off the owner's plate. Owners will have access to their jet without having to worry about ensuring the aircraft is stored and maintained up to safety standards. Furthermore, an owner will never have to worry about looking for a flight crew in the case of an unexpected flight.
If you’re looking into purchasing your own private aircraft and are wondering how much does fractional jet ownership cost then flyExclusive has you covered. Our team of aviation experts is here to make your dream of ownership a reality. Whether you need just 50 hours of flight time or are looking for something more, let our team help. At flyExclusive our mission is to provide each owner the freedom of flying when and where they want without the headaches of aircraft ownership. To learn more about our Fractional Jet Ownership or to learn more about our award-winning fleet visit our website today.