Charter & Fractional
Brazil gets first fractional program
The Latin American Business Aviation Conference & Exhibition in São Paulo last month marked the dawn of fractional jet ownership in Brazil, with two compan

The Latin American Business Aviation Conference & Exhibition in São Paulo last month marked the dawn of fractional jet ownership in Brazil, with two companies launching programs.

Prime Fractional Club (PFC) purchased a Phenom 300 in July and was scheduled to take delivery of a Phenom 100 in August. PFC has already sold out the Phenom 300, structuring the sale as three one-third shares in a special-purpose company that actually owns the aircraft to meet current Brazilian aviation regulations. Under PFC’s business model shareholders each receive a certain number of flight hours per month in the aircraft of their choice.

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