In his latest contribution to Business Jet Traveler, Shaircraft CEO, James Butler, sheds light on the most common myths, half-truths and falsehoods of fractional ownership. “In many ways, fractional flying is more akin to using an executive airline than owning a whole aircraft,” Butler writes. “Yet, for reasons ranging from the need of providers to satisfy FAA regulations to the desire of travelers to enjoy the psychic rewards of ‘owning’ a jet, several enduring myths mask reality.”
Butler identifies the top five myths, half-truths and falsehoods:
- “If you fly between 50 and 400 hours per year, fractional is your best bet.”—Sometimes true.
- “You ‘own’ a share of the aircraft.”—True, but only up to a point.
- “You don’t pay for deadheading.”—False.
- “Your costs are predictable.”—False.
- “Everyone signs the same simple contract.”—False.
Inside Fractionals: “Truths, Half-Truths and Falsehoods”
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