For many, owning a private aircraft is about status-with convenience being important too. Because aircraft ownership is a sizable investment and because many wisely look before they leap, fractional ownership is very popular.

Here’s how it works. With fractional ownership you purchase an interest in the aircraft. An aviation company, as part of its overall aircraft fleet, operates the aircraft. As a fractional owner you have use of the aircraft basically on demand. Of course, you can’t use it a million times a year. With your investment comes a limit of flying hours.