Click to Print

Fraction Action

Can't afford an entire jet? Try winging it with a piece of one.
April 1, 2003
URL: http://www.entrepreneur.com/article/60264

Think a private jet is too expensive for your business? Think again. "There are a number of new fractional-ownership options for people without huge travel budgets," says Joe Moeggenberg, president of the Aviation Research Group, an aviation consulting company in Cincinnati.

The options-the equivalent of owning a timeshare in a plane-are becoming popular among small-business owners. A recent study by J.D. Power and Associates found business aircraft use increased 44 percent in the past year. Why? The study concluded that private aircraft can save a traveler one whole month per year that would otherwise be wasted in transit. Here are some options:

If you travel to destinations not typically served by major airlines, spend too much time in transit and spend at least $250,000 a year on air travel, fractional ownership is worth looking into.


Christopher Elliott is a writer and commentator and the editor of www.elliott.org.