HondaJet fractional operator Volato is moving to provide nationwide coverage with limited repositioning charges
Fractional aircraft start-up Volato today announced its expansion to the West Coast. It has opened an operational base at Carlsbad’s McClellan-Palomar Airport (CRQ).
2023 Directory of companies selling fractional jet ownership in North America
Fractional private aircraft ownership provides many of the benefits of full aircraft ownership with few of the hassles. However, figuring out the true cost of flight hours can be tricky.
While you own – or lease – a specific aircraft tail number, you have access to your provider’s entire fleet. In fact, you may never fly in your own aircraft.
Like jet cards and memberships, you have a call-out – the minimum lead time you need to reserve your jet.
You also have a fixed hourly rate, so you know how much you will pay in advance.
Primary and extended service areas guide where you can fly and if surcharges or ferry fees apply.
Peak days mean longer lead times to book your flight. Your provider can also shift your departure time.
However, like jet cards, not all fractional ownership plans have guaranteed availability.
You also have to factor in the cost of ownership. The cost of ownership is based on residual value, and the residual value is how much your provider pays you to buy back your share.
Private Jet Card Comparisons’ exclusive FRACTIONAL AIRCRAFT OWNERSHIP COST CALCULATOR makes it easy.
We can help you quickly determine the effective hourly rate after residual value.
Fractional Aircraft Ownership Providers and Aircraft Types Offered
Fractional aircraft ownership involves a multiple-year commitment and multiple legal contracts. In addition to subscribing, we recommend you read this article on fractional ownership.
As a paid subscriber, you can compare fractional ownership costs to jet card and membership options.
We also provide you with a curated directory of aviation attorneys specializing in negotiating fractional ownership contracts.