FAQ

Fractional ownership allows buyers to gain access to an aircraft while minimizing their out of pocket expense. Since there's only so much time anyone needs to fly in a month, planes often sit unused, making ownership prohibitively expensive. In sharing the costs and distributing hours of operation between multiple owners, the hourly cost remains low and the buy-in price is more accessible.

"Dry lease" is an FAA term for an aircraft lease that doesn't include fuel or pilot. It is a way for would-be flyers to get access to an aircraft without owning it, and for the owners to monetize their asset when they are not using it. Leasing the plane out on your behalf is one of the ways we are able to offer competitive pricing. Additionally, if we lease over a certain amount of hours, your hourly cost goes down.

We understand that everyone has different needs and different expectations. We offer a white glove service tailored to your requirements. For example, our initial model is a 25% ownership of a PC-12 NG, for which the quarter share costs $1,100,000. The annual management cost is $78,000 per year, with an occupied hourly cost of $1,475. This pricing is based off of a 50-hour per year membership. In this pricing model, the hourly occupied cost would go down if we leased the plane more than the forecast 200h per year.

There are plenty of viable aircraft options on the market, but none are quite as able and flexible as the Pilatus PC-12. For starters, the PC-12 retains exceptionally well its value over time and its high performance single engine ensures lower operational costs compared to twin-engines of similar size like the Beechcraft King Air. The PC-12 also has a large cabin which can sit up to 9 passengers, a wide cargo door, short take off and landing capability, and the ability to land on rough or unpaved runways. Hot and high conditions are also not an issue. In short, you can go to a wider range of airports, with more passengers, in all weather and conditions. The same cannot be said of other aircraft in its category.

The PC-12's Pratt & Whitney PT6 turbine is widely accepted in the industry as one of the safest, most reliable and fuel efficient engine in the world. Powering a wide range of airplanes and helicopters, including workhorses such as the Cessna Caravan, Beachcraft King Air and AgustaWestland AW139, it boasts exceptional longevity and builds on six decades of gas turbine experience. The PC-12's own variants, the PT6A-67B, -67P and PT6E-67XP have accumulated over 8M flight hours without a single fatality due to engine failure.

We make every possible arrangement to have you fly on your own aircraft, when you need it. However, sometimes this is not possible. In this case you will have the option to have your own aircraft at an earlier or later time than what you required, or to be placed on another aircraft of our program. We will try to place you on another PC-12 but we also have a fleet of jets which you may find convenient to fly on.

We'll transfer up to 20% of your annual credits to the following year, giving you ample flexibility to plan around your needs. Similarly, if you run out sooner than expected, you can borrow credit from the following year.

You're the owner and we adapt to your needs. If you prefer that only you and your co-owners fly on your aircraft, we'll team you up with other members who have similar expectations and will give you terms corresponding to these conditions.

There are no limitations to how much of an aircraft you can own. Being the only owner has its advantages. You can choose to lease the airplane out when you're not using it for maximum benefits, or you may choose to be the only flier onboard. We'll manage the airplane for you just the same, providing pilots, cleaning, and all coordination services as with the rest of our fleet.

Starting with purchasing block time is always an option. Get in touch with our team to find out more about this process.