Like Fractional Ownership, Joint Ownership allows unrelated parties to purchase a portion of an aircraft. The main motivation of joint ownership is the capacity to share the costs of the aircraft which no one party needs full-time use of. However, due to the fact that these owners generally pay a fixed monthly maintenance fee as well as an hourly fee, this results in it being more expensive than having Air Charter organize individual on-demand flights.
By admin|2018-01-31T09:10:49-05:00January 31st, 2018|Comments Off on JOINT OWNERSHIP
Comments are closed.