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DiamondShare Offers New Path to Aircraft Ownership

Gemini Sparkle

Key Takeaways:

  • DiamondShare is a new shared-use program designed to make flying Diamond DA40 XLS aircraft more affordable by spreading ownership costs.
  • The program matches new DA40 owners with "members" who pay a fixed monthly fee to lease a set number of flying hours per year.
  • This model aims to enhance the economics for aircraft owners by increasing utilization and offsetting monthly finance notes, while members gain access to a new aircraft.
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A new concept in aircraft ownership is taking flight with the launch of DiamondShare, a shared-use program that seeks to make flying more affordable by spreading the costs around.

As you might have guessed, the idea is based exclusively on Diamond Aircraft products, specifically the four-place, single-engine Diamond DA40 XLS. The program matches aircraft owners with pilots who agree to pay the owner a fixed monthly fee to lease a certain number of hours per year in the airplane.

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