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Air Share

How does going in halfsies on a corporate jet sound?

This story appears in the July 2001 issue of Entrepreneur. Subscribe »

If you're tired of getting the runaround from commercial airlines but not quite ready to buy a corporate jet, there's a way to use a private plane without paying a bundle. In much the same way you would buy a resort timeshare, you can now buy fractional ownership in an aircraft.

"Fractional ownership is a good way to start out and see what your needs are," says Cassandra Bosco of the National Business Aviation Association. Start with the NBAA Web site if you're looking to upgrade your air travel. Flexjet offers a fleet of Challenger, Continental and Learjet aircraft for timeshares starting at $4,500 a month. Flight Options lets you buy a share in a Citation, a BeechJet or seven other jets at rates comparable to Flexjet's.

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