Whats the average annual cost of fractional jet ownership?

2 Comments

1. morgan says:

   November 2, 2009 at 7:30 pm

   NetJets fractional shares start at $406,250 for a 1/16
   interest (the equivalent of 50 hours of annual flying time)
   in a Hawker 400XP.

   fractionaljetownership.com says:
   The purchase price of buying into a fractional jet
   ownership ranges from about $200,000 for a 1/16th interest
   in a KingAir (technically a turboprop, not a jet) to about
   $20,000,000 for a one half interest in a Boeing Business
   Jet. The least expensive pure jet currently available would
   be a 1/16th interest in a used BeechJet for approximately
   $275,000, which seats 7 people and has a range of about
   1,750 miles with a load of 7 people. A typical or median
   jet transaction costs about $1,250,000 plus management fees
   of $12,500/month plus hourly usage fees of about $1,750 per
   hour or a total purchase obligation of approximately
   $3,000,000 including insurance and finance costs over a 5
   year period for a 1/8th interest.You get the use of the
   aircraft (or of an equivalent aircraft) for 50 hours per
   year for a 1/16th interest and 400 hours per year for a
   half interest. (Some negotiation is possible)
2. juliekiev says:

   November 2, 2009 at 7:30 pm

   Just for the maintenance fees, it seems like
   you could charter your travel and save a bunch
   of money.