Ascension Air, the Atlanta-based Cirrus SR22 timeshare provider, has struck a deal with ONE Aviation to add the Eclipse 550 very light jet to its fleet. It marks the first time any fractional-ownership company has offered shares in jets for the owner-flown market.
Owner-Flown Fractional Jet Program Launches
Key Takeaways:
- Ascension Air, a Cirrus SR22 timeshare provider, is expanding its fleet to include the Eclipse 550 very light jet, becoming the first fractional-ownership company to offer jets for the owner-flown market.
- This new program provides flexibility, allowing owners to either earn a type rating for the jet or opt to fly with a qualified safety pilot.
- The initial Eclipse 550 will be based at Atlanta DeKalb-Peachtree Airport, with 1/6th shares available for $520,000, complemented by monthly management and hourly usage fees.
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