Want to Fly Fractional Without the Commitment? Consider Sharing a Share.

In the current economic climate, many private fliers are cutting back on travel— whether for business or for pleasure. This is especially costly if you’re a fractional owner because you continue to pay monthly management fees whether or not you fly and, if you underfly your allocated hours over the life of your contract, those paid for hours may simply be lost—dramatically increasing the real cost per hour of this investment.

Sound like you? We’ve come up with a solution that may ease your pain. On occasion, we have high net worth clients who prefer to fly on a fractional fleet but don’t want the long term commitment of owning a fractional share. We’ve been able to match these clients with other clients looking to lay off some flight time and recoup some of their management fees. The flyer pays all charges for his flight and a portion of the owner’s monthly management fee. As in all good deals, this arrangement is a win/win for both parties.

Any such arrangement must be worked out carefully to protect both parties and to make sure that it does not run afoul of FAA regulations. Utilizing our legal expertise, we’ve crafted time sharing agreements that do just. If such an arrangement may be of interest to you, from either side of the equation, give us a call. In the meantime, check out this related success story:



As a successful financial advisor, Dave Schrader knows a thing or two about smart investments. So when a client came to him, frustrated with the cost of sustaining a fractional investment that he wasn’t much using but didn’t want to sell, Dave turned to Shaircraft for advice. Thinking outside the box and utilizing our industry contacts, we identified another private flier who wanted the benefits of fractional, without the long term commitment, and so was well suited to sharing use of this fractional share. We brought the parties together and drafted and negotiated a time sharing agreement that met both their needs.