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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 .
Fractional ownership offers an individual or company the option to purchase a share of an aircraft. Shares from as little as 1/16 of an aircraft, which offers approximately 37.5 hours of flight time per year, to 1/2 of an aircraft can be purchased, depending on the needs of the operator.
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.
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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 ...
Certified in 1996, has a Pratt & Whitney Canada PT6A-67B engine, maximum takeoff weight increased to 4,500 kg (9,921 lb). Any of the original production aircraft can be converted to PC-12/45. Sub-variants called Series 1-10, composed of incremental upgrades to the aircraft. Almost all aircraft have been converted to Series 10 specification. PC ...
Worried about the shortage and high prices of existing housing, towns are moving to regulate or restrict fractional ownership. ... 2022 for $10.1 million, according to the assessor's office. Its ...
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