Since early June, 30 new aircraft owners have taken possession of the aircraft of their dreams, but at half the cost, according to aircraft co-ownership management company Partners in Aviation (PIA).
Match-Maker: Aircraft Co-Ownership Program Pairs 30
Key Takeaways:
- Partners in Aviation (PIA) recently hit a record milestone of 15 new aircraft co-ownership agreements, facilitating ownership for 30 individuals at half the cost of sole ownership.
- This surge signifies a growing interest in private aviation and business aircraft co-ownership, offering a better value proposition compared to traditional charter or jet-card services.
- PIA's managed co-ownership model pairs two individuals to share one aircraft, significantly reducing costs while providing each owner with access comparable to sole ownership (around 25 days per month).
- The new co-ownerships cover a diverse range of aircraft, from light to super midsize jets, operating in 14 states and Washington D.C.
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