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Fractional Jet Ownership Blog

Acollection of curated lifestyle stories, news articles and press releases from industry insiders and trusted BlackJet partners.

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Is Fractional Jet Ownership Worth It? An In-Depth Analysis

Fractional jet ownership allows you to share the costs and benefits of private jet travel, making it a cost-effective and convenient option for those flying 50–400 hours annually. It offers guaranteed access, fleet flexibility, and hassle-free management while dividing expenses among multiple owners. However, ongoing costs, depreciation, and limited flexibility during peak times can be drawbacks, and it’s not ideal for infrequent travelers. Assessing your travel habits and financial priorities will help determine if fractional ownership, jet cards, charters, or full ownership is the best fit for your needs.

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Steps to Downgrade Your Fractional Ownership Level

Downgrading your fractional jet ownership level is a practical option if your travel needs or financial priorities have shifted, allowing you to save on costs while maintaining access to private aviation. The process involves reviewing your ownership agreement, analyzing flight hours, consulting your provider about smaller share options, and assessing the financial impact, including potential fees. While downgrading can reduce costs and better align with your travel habits, it may also limit flexibility and aircraft availability. With careful planning and consideration of alternatives like jet cards or on-demand charters, you can ensure a smooth transition that meets your evolving needs.

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How Fractional Owners Can Handle Last-Minute Flight Requests

Managing last-minute flight requests as a fractional jet owner is achievable with the right strategies. Start by understanding the terms of your fractional ownership agreement, including notice requirements and policies for aircraft availability during peak periods. Leverage your program's access to a fleet of jets, stay proactive with your provider about potential travel plans, and remain flexible with flight times or aircraft types. If needed, explore backup solutions like on-demand charters or jet cards to maintain your travel schedule. Combining smart planning with technology and a clear grasp of your program's capabilities ensures you handle unexpected travel seamlessly.

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Tips for Transferring or Selling Your Fractional Ownership Share

Selling your fractional jet ownership share requires careful planning to ensure a smooth process. Start by reviewing your ownership agreement for resale terms, including any fees or restrictions like a right of first refusal. Notify your management company to understand their resale procedures and market your share, potentially working with brokers to reach interested buyers. Prepare all necessary documentation, including maintenance records and remaining flight hours, and account for costs like remarketing fees. Timing your sale during peak travel demand can maximize value, and once finalized, explore flexible alternatives like jet cards or charters to meet your evolving travel needs.

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What to Do if Your Flight is Canceled as a Fractional Owner

Flight cancellations in fractional jet ownership, while rare, can disrupt plans, but having a clear strategy minimizes inconvenience. Familiarize yourself with your ownership agreement to understand cancellation policies and your rights. Contact your management company immediately for alternatives, such as replacement aircraft or supplemental lift, ensuring all details, costs, and safety standards are confirmed. Proactively planning, documenting communications, and staying informed about program terms helps fractional owners navigate cancellations with minimal impact, highlighting the program's value in handling unexpected situations.

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Essential Aviation Terms for Fractional Ownership: A Glossary

Fractional jet ownership introduces a range of terms essential for understanding this private aviation model. Fractional ownership allows you to purchase a share of a jet, granting you a set number of flight hours annually, with shared costs like acquisition fees, monthly management fees, and occupied hourly rates. Key terms include fractional ownership programs managed by companies handling operations, depreciation deductions for potential tax benefits, and flexibility through dry lease exchanges to access different aircraft. Whether you prioritize guaranteed access or shared responsibilities, mastering these terms ensures you navigate fractional jet ownership confidently.

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Fractional Jet Ownership vs. Charter: Understanding the Key Differences

Fractional jet ownership and private jet charters both provide luxurious private air travel but cater to different needs. Fractional jet ownership is ideal for frequent flyers, offering guaranteed access, equity in the aircraft, and flexibility to switch between aircraft types, but it comes with significant upfront costs, monthly management fees, and a long-term commitment. Private jet charters are better suited for occasional travelers, requiring no ownership or ongoing fees, with a pay-as-you-go model that offers flexibility and access to various aircraft but without guaranteed availability during peak times. Your choice depends on your travel frequency, budget, and whether you prioritize consistent access or flexibility.

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Understanding the Difference Between Fractional Ownership and Timeshare

Fractional jet ownership and timeshare ownership offer distinct approaches to private aviation. Fractional ownership provides an equity stake in a jet, guaranteed access, flexibility, and potential resale value, making it ideal for frequent flyers who want a long-term investment. Timeshare ownership, on the other hand, offers limited access, lower upfront costs, and no equity, catering to occasional travelers seeking a short-term, cost-effective option. Your choice depends on your travel frequency, need for flexibility, and preference for ownership versus usage rights.

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When to Choose Fractional Jet Ownership Over Whole Ownership

Fractional jet ownership and whole aircraft ownership both provide access to private aviation but cater to different needs and budgets. Fractional ownership allows you to buy a share of a jet, offering lower upfront costs, shared expenses, and guaranteed access with limited control and customization, making it ideal for those flying 50-100 hours annually. Whole ownership provides full control, complete customization, and flexibility, but comes with significant financial responsibilities and higher upfront and ongoing costs, suitable for frequent flyers who need consistent availability. Your decision should depend on your flying habits, budget, and desired level of control.

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