Would you be interested if you could buy a portion of an aircraft or rotorcraft as if you acquired it all but at a fraction of the price? If you plan to fly more than 25 hours per year but do not need or want a whole aircraft, an aircraft fractional share may make sense.
Whole aircraft demand constant attention whether you use them or not. For example, you still must monitor and pay constantly for the operations, maintenance, insurance, crew, management, scheduling, and taxes associated with them.
David G. Mayer is a member of the global Aviation Practice Group at Shackelford, McKinley & Norton in Dallas, which handles private aircraft matters, including regulatory compliance, tax planning, purchases, sales, leasing and financing, risk management, insurance, aircraft management and operations, hangar leasing, and related corporate work. Mayer frequently represents corporations and high- and ultra-high-net worth individuals and other aircraft owners, flight departments, lessees, borrowers, operators, sellers, purchasers, corporations and managers, as well as lessors and lenders. He can be contacted at [email protected].
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