Purchasing a private jet may seem like a very limited option. Beyond choosing the make and model of the aircraft, it would appear that your only real choice is to buy the plane outright. Thus leaving all of the associated costs and other challenges of aircraft ownership on your shoulders, too. However, when buying an aircraft, you also have the opportunity to pursue fractional jet ownership with flyExclusive. So what are the main differences between whole and fractional aircraft ownership?
Whole ownership is exactly what it would appear to be. With whole ownership, you are responsible for the entire cost of the plane as well as associated expenses. This can be anything from ensuring the plane is clean and freshly painted to storing the aircraft during the times when it isn’t in the sky. These can rack up significant extra expenses that can make purchasing a private jet a less optimal decision for you. In fact, these expenses can vary so much each year that annual expenses after purchasing can range anywhere from $500,000 to over $1.2 Million. This is along with the added challenge of finding, training, and paying any pilots and flight attendants that you will need for your private flights.
On the other hand, you get the benefit of complete and total access to your aircraft whenever you desire it, as well as full control of everything that happens aboard the plane.
Fractional jet ownership gives you the ability to buy only what you need. With flyExclusive’s fractional aircraft ownership program, you can buy 40, 80, and 160-hour shares of a brand new Citation CJ3+ aircraft. This means that you have complete control over your aircraft for those allotments while saving you from the added stresses of total ownership. With fractional plane ownership, flyExclusive will take care of the storage, maintenance, upkeep, and more, shaving hundreds of thousands of dollars off of the total cost for you. This is in addition to you gaining access to flyExclusive’s entire fleet. If the CJ3+ isn’t the best aircraft for your next trip and you need more space for passengers or storage, you can fly on a Mid or Super-Mid jet to ensure you get to where you want to go.
Additionally, with flyExclusive, you maintain your ability to fly like an owner. With the freedom to schedule flights to anywhere you want to go at whatever day and time you choose. However, the customization doesn’t end there. You also retain the ability to control every aspect of your flight down to the in-flight catering provided. Fractional plane ownership with flyExclusive gives you the flexibility to only pay for as much of an aircraft as you need.
Pursuing whole ownership can generally only save you money if you fly upwards of 300 hours each year. However, if you still have the desire to own a private jet and schedule private flights like an owner, fractional ownership with flyExclusive is the next step for you. To learn more about fractional jet ownership through flyExclusive, visit our website today!
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