This month we begin a long-term evaluation of another small-airplane fractional provider, AirShares Elite, which has a different approach to the business than OurPlane. Headquartered in Atlanta (PDK), AirShares sells fractional ownership in just one airplane type, the Cirrus SR22 high-performance single. Instead of buying an entire, nicely equipped SR22 for around $375,000, AirShares Elite customers can buy just a part of the airplane, anywhere from one-eighth to one-half. (For people who need more than that, a whole airplane makes better sense.) Then they can let AirShares take care of all of the management details, which is arguably the best part of the program. Currently, AirShares has locations in Atlanta, New York, Birmingham and Chicago, and it plans to continue its expansion. It has an agreement to purchase 25 SR22s; it has already taken delivery of 13, and it plans to accept the rest over the next 12 to 18 months.