Small airplane shared ownership programs, like AirShares Elite, offer pilots access to new, professionally managed aircraft, blending the benefits of ownership (equity, modern planes) with the convenience of renting (no maintenance hassle).
These programs provide a higher-quality flying experience and more predictable costs than traditional flying clubs or older aircraft ownership, though they are more expensive than basic renting.
Key limitations include annual flight hour and overnight usage caps, as well as limited geographic availability of the programs themselves.
While the FAA distinguishes these as "Owner-Pilot Shared Ownership Programs" (OPSOPs) from true fractional ownership (which provides professional pilots), the author predicts future significant growth and widespread availability.
****Part 3 of a 3-part series on the AirShares Elite small-airplane fractional ownership program, here on flyingmag.com.****
After a year of flying a share of an AirShares Elite SR22, we weigh in on the future of small airplane fractional ownership and what it might mean to you.
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