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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 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 Avanti's counter-rotating [35] turboprop engines are placed on a mid-set, high-aspect-ratio wing located just behind the cabin. The three-surface design incorporates both a T-tail and a pair of small, fixed forewings having slight anhedral and landing flaps. On the Avanti II these flaps automatically deploy in concert with the main wing flaps.
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Aircraft of Philippine Airlines parked next to the maintenance hangars of Lufthansa Technik Philippines. The entire Philippine Airlines fleet of Airbus and Boeing jets were formerly maintained in-house at the PAL Technical Center, which consisted of two hangars. The hangars contained an engine overhaul shop, two engine test cells, and test shops.
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