Fractional Ownership vs Complete Purchase
If you were to purchase an aircraft, it is very similar to purchasing a car. You would most likely secure a loan and make the purchase. Then, you need to find insurance coverage. Third, you need to find hanger space for the aircraft. Fourth, you need to find some qualified pilots to fly the aircraft. That being done, you could now fly the aircraft under FAR Part 91. Read about limitations of FAR Part 91 here. In the end, you would be 100% responsible for all costs which include the aircraft note, aircraft insurance, pilot training and pay, hanger fees, maintenance, engine reserves, airport fees, and other supporting functions.
Fractional ownership, on the other hand, gives you many more benefits than a complete purchase with a substantially smaller investment. Here is a partial list of benefits over a complete purchase option:
Your initial investment is substantially less expensive because you are only purchasing "part" of the aircraft.
Through a monthly management fee, Oklahoma Executive Jet Charter will provide many supporting functions of the aircraft such as hanger fees, maintenance, cleaning, basic snack/drink stock, and insurance.
You have a low cost per hour rate that covers additional fees like pilot training and pay, airport and landing fees, engine reserves, and fuel.
Even though more fees are assessed through the fractional program, the total cost is less per hour than to charter the aircraft.
Other Benefits of our fractional program
There are several other benefits available to our fractional partners.
Even though you may purchase a share of one aircraft, we will allow you to use other aircraft at comparable rates. For example, if you were to purchase a share of our Learjet, you could also use or Sabreliner or Hawker are reduced rates compared to charter rates.
We provide flexible scheduling options and have many aircraft available for backup.
We will handle the aircraft's back-office functions and let you focus on saving money.
Buyers that purchase 1/2 share or more may participate in the revenue created when we operate the aircraft in FAR Part 135 charter

Are you interested in chartering a private jet

Have you already made your reservations or your air travel arrangements? If you have yet to do so, you will want to do so with caution. With the power and ease of the inter en et there are a large number of air charter broker websites that promise the world and simply pass on your air charter enquiry to another company pocketing a commission and costing you money.

When it comes to the chartering of a private jet, you will need to find a private jet chartering company to do business with. This is where the tricky part comes in. There are some individuals who know just how profitable running a private jet chartering company is and run an excellent operation. There are others that are not companies simply brokers sitting in a bedroom.

Of course, you will want to visit the online website, but you will also want to look elsewhere for additional information. Charter Jet Info The Private Jet Charter Specialists

Air charter News association is a non commercial website that published news and articles on air charter