Airplane Ownership

“I own an airplane”. Have you ever thought you could say that? Perhaps those words can be as much a part of your vocabulary as the words “I own a car, a boat or an rv”. There is no denying the benefits of flying privately rather than commercially. With all of the restrictions, constraints and even just the time involved in flying commercially, the idea of flying privately may be in the process of losing the veneer of being a luxury. Ownership truly is within your grasp and now is the time to realize those words.

Of course you can purchase an airplane in the traditional way, with a loan in the amount of the purchase price. Frankly, that method has become easier via the lowest interest rates in decades coupled with extended terms never before available, but it is not the only method.

The following methods give you all of the benefits of owning an aircraft without all of the responsibilities or costs. Leasing programs can be custom tailored to fill your needs at a fraction of the cost of a purchase. The choice of jet, lease time frame and aircraft model are yours to make. There are also financial options within the framework of the lease.

Just as the vacation home sector of real estate did with timeshares, the private aircraft industry offers their own version of timeshares. You can purchase a fractional ownership, a jet card or membership in one of a number of programs currently available - programs starting with as little as 25 hours of occupied jet time. Even within a fractional ownership program there are options.

As with any major purchase, you should think about your travel needs, the flexibility within those needs and financial resources. Any of these options can put the words “I own an airplane” in your mouth and give you the benefits inherent in owning your own aircraft.