Part 1 of a 3-part series on the AirShares Elite small-airplane fractional ownership program, here on flyingmag.com.
Last year I did a long-term evaluation of a small-airplane fractional ownership program run by OurPlane. During the nine-month period, I was for all intents and purposes an OurPlane owner, flying a new Cessna 182 along with the rest of its part owners. In short, the experience was a good one, and it confirmed my suspicion that fractionals could be a big part of airplane ownership in the future. As I discussed in that series of articles, the basic concept, if it can be successfully executed, makes a lot of sense, as it allows pilots like me who couldn’t afford an entire new airplane to get into the game. It also lets people for whom the money isn’t the deciding factor get less than a whole airplane and have it professionally managed in the process.
