Fractional Jet Ownership
Unprecedented Access to Private Air Travel.
Designed for those who fly 50+ hours per year, fractional jet ownership allows you to purchase equity in a specific Flexjet aircraft. Your allocation of hours is dependent upon how much of the jet you own. Private jet fractional ownership provides access to multiple cabin sizes, while our team of private aviation experts handles every aspect of your travel experience using a personalized approach.
The Flexjet Advantage
The Flexjet fractional ownership program presents many extras, including Red Label by Flexjet. Red Label lets you enjoy the best of whole ownership for a fraction of the cost thanks to crews dedicated to your tail number, interior designs from our LXi Cabin Collection™, and much more.
Flexjet Fractional Components
Program Aircraft Guarantee
If you fly on a non-Flexjet aircraft for more than five percent of your utilized hours, those hours will be credited back to your annual allocated hours for the following year.
Multiple Aircraft Use
Depending on your ownership level, you may use up to five aircraft in one day. Multiple-use benefits are based on the total number of share hours you own rather than share size within a single aircraft.
Gulfstream G650 Access Programs
As the exclusive fractional home of the Gulfstream G650, Flexjet presents you with a pair of unique ways to own this incredibly capable aircraft. Granting you the ability to "right-size" your jet to fit each trip, Unlimited Access offers leading fleet interchange incentives on any aircraft in our fleet. If frequent international flights dominate your travel itinerary, World Access replaces the traditional hours-based contract structure with a pioneering days-based program that enables you to fly on the Gulfstream G650 unlimited hours a day, 40 days per year.
Phenom 300 Praetor 500 Challenger 350 Gulfstream G450 Gulfstream G650
The majority of the cost of fractional ownership can be broken down into three main parts:
- Capital Cost (Ownership): An asset purchase that allows for a minimum of 50 flight hours per year priced at predictable rates over a specific term in the type of aircraft owned
- Asset purchase - this upfront cost covers your share of the aircraft.
- Monthly Management Fee - Covers the indirect expenses associated with operating your aircraft, including pilot training, insurance, cabin support, trip management, crew provisions, and other administrative costs
- Hourly Rate - Charged for each hour an aircraft is in flight, plus 2/10 taxi time. This rate also includes direct expenses associated with maintenance, standard catering, and engine operation
- Fuel Component Adjustment - Added to the base hourly rate to account for fluctuations in the cost of fuel, which varies monthly
*Certain federal taxes may apply
Download the Comparative Private Aviation Guide
Flexjet Programs Compared
Flexjet Programs Compared | |||
---|---|---|---|
Fractional | Lease | Jet Card | |
Estimated Annual Flight Hours | 50+ | 50+ | 1-49 |
Purchase Increments | 50-hour minimum (25-hour increments) |
50-hour minimum (25-hour increments) |
25-hour minimum |
Contract Commitment | Maximum term: 60 months - Minimum term: 30 months | Maximum term: 60 months - Minimum term: 30 months | Maximum term: 24 months - Minimum term: 25-hour deposit |
Call Out Time | 10-hours | 10-hours | 5-days |
About Fractional Jet Ownership
Fractional lets you secure the best aspects of whole aircraft ownership for a portion of the cost and with none of the responsibility.
With fractional, there are minimum and maximum contract periods. Most costs are fixed, and owners may use depreciation deductions applicable to a capital asset. A portion of a share purchase can be sold back to the provider at the end of the contract.
The majority of the cost of fractional ownership can be broken down into five parts:
- Capital Cost (Ownership): An asset purchase that allows for a minimum of 50 flight hours per year priced at predictable rates over a specific term in the type of aircraft owned
- Asset purchase - this upfront cost covers your share of the aircraft.
- Monthly Management Fee - Covers the indirect expenses associated with operating your aircraft, including pilot training, insurance, cabin support, trip management, crew provisions, and other administrative costs
- Hourly Rate - Charged for each hour an aircraft is in flight, plus 2/10 taxi time. This rate also includes direct expenses associated with maintenance, standard catering, and engine operation
- Fuel Component Adjustment - Added to the base hourly rate to account for fluctuations in the cost of fuel, which varies monthly
*Certain federal taxes may apply
ADVANTAGES OF CHARTER
- Pay as you fly
- However, pricing varies based on timing and varies across operators
- Peak travel can add to hourly rate
- No upfront capital required
- No fixed costs
- No minimum contracts. No commitment.
- Designed for those with minimal travel needs
ADVANTAGES OF FRACTIONAL
- Predictable expenses
- No fees for repositioning, catering, or de-icing
- Typically offers more experienced pilots and crews
- Higher safety & maintenance standards
- Premium owner service experience
- Aircraft are often younger and more advanced
- Extensive Primary Service Area
- You select aircraft and receive guaranteed access
- One point of contact + expert operations team
- Providers own their aircraft and employ their own pilots
- No need to involve more than one provider for long trips
- Minimal cabin restrictions (pets allowed on board)
- VIP access to events, resorts, and product offerings
- None of the risks, restrictions, and responsibilities associated with whole ownership
- Much smaller upfront capital deployment + fixed costs
- Repositioning, catering, and de-icing fees are covered
- Ability to upgrade or downgrade aircraft for specific trips
- Option to utilize more than one aircraft simultaneously
- No maintenance downtime or need for supplemental lift
- Access to multiple bases of operation
- Option to sell share back to the provider at end of term
- Depreciation deductions applicable to a capital asset
- Provider handles all crew scheduling, aircraft maintenance, insurance, regulatory compliance, hiring and training, storage and parking