Flexjet, Netjet, Fly Exclusive, Airshare, etc... Fractional User Comments

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So, unfortunately getting to the age where insurance is becoming a problem. Considering fractional options and riding in the back. Will miss the hands on flying but wine and dinner is getting to be more attractive. Any fractional users out there that can offer some insight? Thanks in advance.
 
Sorry I can't be of more assistance. I'm just the help.
 
It all depends on how much you are going to fly and how far you are going. I looked into it for a company years ago and if it is out and back the same day you are probably better off chartering. If you are staying 2 or more nights fractional may be better.

We were in Texas and would fly our plane to south Florida and take people to the northeast and then move them back a few months later. We did this roundtrip 4 times a year. It worked out to be a wash, so we kept using our plane. The monthly fees on fractional was a large reason to keep using our plane. I am not familiar with the card programs, that may be an option.
 
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A friend uses NetJet; he says it's expensive but worth it as they're the best in the business. They've been fair in dealing with him when he's had pre-paid hours left at the end of his contract.

A lot depends on how much use you'll need. Jetcard, lease, or fractional all have different terms.
 
I stayed at a holiday inn express last night...
 
I’m not sure, but probably $5-10k per hour (including paying them to fly to pick you up).
 
One of my clients has a fractional ownership. I organized all of this for him since i’m the only pilot he knows, he thought i’d know enough about this so he asked me to shop options for him and buy it. He isn’t and never was a pilot with his own plane and he likes his fractional ownership. It is coming out cheaper for him than charter as he uses his fractional plane a lot for himself and his family. I’d say at least once a month. A lot for business so tax write offs help as well.

In your case, if you are a pilot and own your own plane, why not just keep yours and hire contract pilots to fly you around? Or if your plane is too small e.g. 4 seats and you need more space if having an extra person (e.g. your pilot), sell yours and buy a bigger one and hire a contract pilot every time you wanna go somewhere. That gives you the option to sit in the back and sip on wine or sit up front and be co-pilot if you miss being hands on.
 
Our company (not me) used to own a G 200. We sold that and bought an interest in a citation longitude with NetJets. What do you want to know? Costs are basically as advertised. Our owners will often trade down to lesser capable planes like the latitude or the phenom for shorter trips. Saves money And burns off the usage more slowly.

We’re in our second year of the contract. The only downside has been one or two canceled flights or significantly delayed flights. They schedule things very tightly so if a maintenance issue pops up in can be get a replacement plane on short notice.
 
Chrisgoesflying said:
One of my clients has a fractional ownership. I organized all of this for him since i’m the only pilot he knows, he thought i’d know enough about this so he asked me to shop options for him and buy it. He isn’t and never was a pilot with his own plane and he likes his fractional ownership. It is coming out cheaper for him than charter as he uses his fractional plane a lot for himself and his family. I’d say at least once a month. A lot for business so tax write offs help as well.

In your case, if you are a pilot and own your own plane, why not just keep yours and hire contract pilots to fly you around? Or if your plane is too small e.g. 4 seats and you need more space if having an extra person (e.g. your pilot), sell yours and buy a bigger one and hire a contract pilot every time you wanna go somewhere. That gives you the option to sit in the back and sip on wine or sit up front and be co-pilot if you miss being hands on.
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Or.... If you've got the coin to drop on a fractional. Self insure.
 
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