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| Evaluating the fractional alternative. Fractional ownership means that rather than your company owning, managing and bearing 100% of the costs and the responsibility of aircraft ownership, you can choose to own a percentage of an aircraft—based upon your estimated need. Fractional ownership with the wrong management company can have its own set of headaches, including inflexible contracts that typically lock you in for five years plus a variety of fees—acquisition, monthly management, and exit. In the right circumstances, fractional ownership can offer your company predictable costs, more choice in type of aircraft you can access, strong contractual service guarantees and backup aircraft when needed.
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