In Aviation terms, Fractional Ownership describes partial ownership of an aircraft wherein several parties own a percentage and divide its fixed cost and hours of operation accordingly. This is similar to having partial ownership of a time-share, though it typically involves a much higher financial risk. Parties who have partial ownership can share in as well as mitigate the risk of owning such a high-value asset. This can be done for investment reasons, for personal access or for a mix of the two. Fractional Ownership works best for those who will not require full-time use of the asset. Fractional endeavors require management to administer prescribed rules & regulations such as payment, maintenance and access.
Please contact Talon Air by calling (888) TALON-AIR or Get a Quote here for more information about fractional ownership.