Fractional Jet Ownership
Forget about the stress of organising everything beforehand, we will take care of all. Enjoy your private plane as an owner with fractional operating costs.
How does fractional ownership aircraft of the jet fractional ownership work.
Why pay full fractional ownership jet cost when you can cut it? The fractional plane ownership cost program is considered the highest and most exclusive level of transport, dedicated to a small and selected clientele who often use the executive service. With LuxWing fractional ownership aircraft Program, multiple owners share the costs of purchasing, leasing, and operating the aircraft. You buy a share of an aircraft rather than an entire jet fractional ownership. As the owner, you will always have access to that aircraft, as well as the whole LuxWing fleet, and you can choose to upgrade or downgrade for particular flights. Like Jetcards, the five-year program involves the purchase of a portion of the asset followed by a monthly fee that grants you the right to travel throughout Europe at the full cost of the ticket, with no additional charges. Once the asset has been sold after the contractual time, the proceeds will be split equally among all of the shares.
Guaranteed plane
Always a plane ready for you 365 daysH24
Entire fleet
Entire Luxwing fleet is available for Fractional Owners
Fraction cost
Multiple owners share the costs of operating the aircraft
Share Costs.. recouped!
you can recoup at least all that investment at the end of your contract period
No Peak period
Plane is yours anytime.
Two engine..always
You will fly with 2 engine plane always.
Why the Fractional plane
ownership Cost
Private plane ownership
With Luxwing fractional ownership aircraft Program, you’ll have all the owner advantages without heavy bills. You’ll benefit from our highly experienced aviation professionals, the highest standards of safety, technical assistance, and customer service, ensuring that our aircraft management solutions meet all regulatory requirements under EU OPS-1. We will maintain your private plane ownership and provide flight operations support, management, flight planning, maintenance schedule, crew scheduling, and training.
Fractional Jet Ownership is the perfect option for investors, whether a private traveler or a company. This gives the persons concerned the convenience of owning a private jet fractional ownership without forking out all costs associated with full ownership. Investors who sign up for the LuxWing Fractional Jet Ownership program receive many incentives. Investors own a portion of the aircraft mostly, rather than just a certificate granting them that power.
The Fractional ownership of the Jet refers to a form of co-ownership of the aircraft. The program is set up a minimum of six (6) co-owners awarded with shares and officially registered with the Malta Business Registry as owners .
The ideal investor for the Fractional Ownership Program is someone flying more than 50 hours per year across the geographical area of Europe.
1. Acquisition cost
Upon purchasing the 1/6th fraction of the company which will own the Jet, the Investor will have to pay the acquisition cost, otherwise known as a capital fee. The fee will be directly related to the size of your share. Investors may decide to purchase more than one fraction which will in turn allow you to increase the amount of hours available for your travel.
2. Monthly management fees
The Monthly Management fees include fixed costs related to the management of the Jet, such as insurance, full pilot training, aircraft passes and administrative expenses. The Luxwing Fractional Jet ownership program is the only program available on the market that includes both ordinary and extraordinary maintenance.
3. Hourly rate
The program incorporates a low hourly rate for flying. With every fraction purchased, the investor obtains one hundred (100) hours to be utilized within twelve (12) months. An option of fifty (50) hours and unlimited is also possibile. This fare includes flight related costs, crew wages, fuel, maintenance and engine reserves.
Additional Depreciation Deductions: Where the aircraft is used for business activities, the owner may benefit from depreciation deductions related to the ownership. This would not be possible in case of simple charter of the aircraft in a standard flight.
Privacy: Flying on a private jet ensures ultimate privacy. Given that the Jet is registered under the fractional airline name, the trip will remain private since your name will not be attached to your flying activity on publicly available data sources.
Reduced Flight Costs: Costs and expenses tied with owning an aircraft are distributed amongst the fractional jet owners. In this way, the investor is not expected to pay for all costs associated with the jet’s services, maintenance, and crew. The absence of financial liability makes fractional jet ownership very affordable.
Fractional Ownership Flight Example Cost
- Route Example
-
Fractional
Jet Ownership
London – Genève
Euro 3000
Genève - Paris
Euro 2000
Milan - Rome
Euro 2000
Milan - Olbia
Euro 2100
Milan - Ibiza
Euro 3500
Nice – Milan – Nice
Round Trip
Euro 2700
Paris – London – Paris
Round Trip
Euro 3000
Aircraft Acquisition
Why pay the full cost when you can cut it? With Luxwing Fractional Program, multiple owners share the costs of purchasing, aircraft acquisition, leasing, and operating the aircraft. You buy a share of an aircraft rather than an entire jet fractional ownership. As the owner, you will always be able to use that aircraft, as well as the entire Luxwing fleet, and you will be able to choose to upgrade or downgrade for particular flights. You have the option to sell the share to Luxwing again after the end of the contract, or you may sell it to another owner who is looking for work.
Fractional Aircraft Ownership
With Luxwing Fractional Program, you’ll have all the owner advantages without heavy bills. Our highly qualified aviation professionals, the best safety standards, technical support, and customer care guarantee that our aircraft management solutions satisfy all legal criteria under EU OPS-1. With fractional aircraft ownership, we will maintain your private plane ownership and provide flight operations support, management and flight planning, maintenance schedule, crew scheduling, and training. Enjoying your flight is all that’s required.
FAQ
What is the Process for Acquiring an Aircraft?
Several crucial steps are usually involved in the aircraft acquisition process. Determine your needs and financial constraints first. Next, assess various aircraft alternatives by speaking with professionals like Luxwing. Do extensive investigation, including flight tests and inspections. It’s also important to think about financing choices, such as partial ownership or loans. Lastly, finish the required legal documentation and make sure all rules are followed. Collaborating with seasoned experts can greatly streamline this complex procedure.
How does Fractional Jet Ownership Work?
An affordable substitute for conventional private jet ownership is fractional jet ownership. You buy a share, giving you access to a fleet of jets based on your consumption requirements, rather than purchasing an individual aircraft. This concept guarantees opulent trip experiences while permitting flexibility and lower upkeep expenses. Private flying is now affordable and easy for both business and leisure travelers because of companies like Luxwing that offer customized fractional ownership solutions.
How much does Fractional Ownership Cost?
You and other investors can split the cost of owning a private jet via fractional aircraft ownership. The initial outlay typically falls between $250,000 and $1 million, though it might vary depending on the type of aircraft and its intended use. Owners also cover hourly maintenance expenses and monthly management fees. Luxwing offers all-inclusive services to assist you in managing these costs, guaranteeing that you may take advantage of private aviation’s advantages without having to shoulder the entire cost.
How does Fractional Ownership Differ from Full Ownership?
A less expensive option to full ownership is Jet fractional ownership, which enables several people to split the expenses and use of an aircraft. Full ownership, on the other hand, means total command and accountability for the aircraft, which frequently results in increased maintenance and storage costs. Luxwing provides customized options for jet fractional ownership, so you can take advantage of private aviation without having to deal with the hassles of full ownership.
What are the Initial Costs of Fractional Plane Ownership?
The kind of aircraft and utilization are two of the many variables that affect the fractional plane ownership cost. Buyers usually have to pay an initial acquisition cost, which, depending on the aircraft, can be anywhere from hundreds of thousands to millions of dollars. Ongoing expenses like management fees, fuel, upkeep, and insurance should also be taken into account. Working with a trustworthy supplier such as Luxwing guarantees openness and effectiveness in handling these expenses.
What is the Ongoing Maintenance Costs For A Private Plane?
Private aircraft ownership entails a number of continuous maintenance expenses. Depending on the aircraft’s type and model, owners may need to budget for regular inspections, engine maintenance, and repair services. The total cost also includes crew salary, insurance, and storage expenses. A seamless ownership experience may be ensured by managing these costs and streamlining the procedure with the assistance of a reliable supplier like Luxwing.