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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 aircraft ownership and flying more affordable by spreading costs among multiple users.
  • The program exclusively utilizes new Diamond DA40 XLS aircraft, matching owners with pilot "members" who pay a fixed monthly fee for access to a set number of flying hours per year.
  • This model enhances the economics for aircraft owners by increasing utilization and helping cover finance costs, while members gain access to a new luxury aircraft without the full burden of ownership.
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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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