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 has partnered with ONE Aviation to add the Eclipse 550 very light jet to its fractional ownership fleet, marking the first time jets have been offered for the owner-flown market by such a company.
- Share owners can choose to earn a type rating or fly with a qualified safety pilot.
- 1/6th shares in the Eclipse 550 are priced at $520,000, with a monthly management fee of $2,995 and an additional hourly rate of $620.
- The first Eclipse jet will be based at Atlanta DeKalb-Peachtree Airport, complementing Ascension Air's existing fleet of Cirrus SR22T single-engine models.
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