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PlaneSense is a fractional aircraft ownership program managed by PlaneSense, Inc. and based in Portsmouth, New Hampshire, United States.As of the beginning of 2020, they managed a civilian fleet of 44 total program aircraft, made up of 36 Pilatus PC-12 aircraft and five Pilatus PC-24 jets.
Fractional ownership of aircraft is an arrangement in which multiple owners share the use and costs of purchasing and operating an aircraft. Several management companies provide fractional ownership programs for aircraft, including NetJets , Flexjet , Cirrus Aviation Services , and AirSprint .
It was Garrett's first free-turbine turboshaft, avoiding the high reduction gear of a single spool turboprop and allowing an easier starting since the gas generator is disengaged from the power turbine. The HP spool turns at 31,500 rpm while the LP spool turns at 19,444, reduced to 1,700 for the propeller: a 11.4 reduction ratio.
Fractional ownership is a method in which several unrelated parties can share in, and mitigate the risk of, ownership of a high-value tangible asset, usually a jet, yacht or piece of resort real estate. It can be done for strictly monetary reasons, but typically there is some amount of personal access involved.
The 400LS made aviation history on 16 April 1985 by setting two new time-to-climb records for its class (C-1e Group 2, 3000m and 9,000m) and shattering two time-to-climb records for all turboprop classes (6,000m and 12,000m): with retired United States Air Force Brigadier General Chuck Yeager at the helm of N400PS (with co-pilot Renald "Dav ...
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The Integrated High Performance Turbine Engine Technology program was a project of the United States military, DARPA, and NASA. Its objective was to conduct science and technology research that would secure advancements in the engineering of the gas turbine engines used in military aircraft. It ran from 1987 until 2005. [1]
A secretary bought three shares of her company's stock for $60 each in 1935. Grace Groner reinvested her dividends for 75 years, and her stake ballooned to $7.2 million.