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Enjoy The Best Fractional Aircraft Ownership And Rental Services

Jul 10th 2014 at 3:32 AM

In fractional aircraft ownership or fractional jet rentals – there is always an intricate agreement between the aircraft leasing companies or the operators and the owners and lessees. As a matter of fact these agreements are mandatory according to the Federal Aviation Regulations and allow leasing or purchasing fractional interest in a single jet directly from the fractional jet rental service providers. Most fractional aircraft ownership contracts typically run for a period of 5 yrs – but as the trend of having a personal aircraft on a fractional ownership basis is gaining popularity, companies like Nicholas Air are now also offering contracts for 24 months or 36 months duration too. There are a few other names in the industry, but when it comes to fractional jet ownership or rental, Nicholas Air is the most prominent and reliable name in the industry. Depending upon the terms and condition of different service providers the rental contracts can also be terminated in advance but of course against certain conditions.

With the growing popularity of fractional jet rental and also due to the availability of more jet aircraft for sale – the cost of fractional jet ownership has come down considerably in recent times and now they are certainly a lot more affordable. As a matter of fact fractional jet ownership or leasing involves four different types of cost – initial capital investment or lease payment, monthly aircraft management or maintenance fee, fuel charge, on board catering and landing fees for each hour flown and lastly the fuel surcharge or Fuel Component Adjustment (FCA) fee. The first three costs are fixed while FCA fee is a variable one. Once a contact is terminated and provided that the owner is not going to renew his contact it can be sold back to the operators against its present resale value and share value during that time.

Fractional jet rental services offered by companies like Nicholas Air can surely bring you a number of attractive advantages like

· Extremely high service level

· 24x7 availability of professionally dispatched jets

· Fractional jet ownership involves tax benefit of depreciation for business organization

· Cost of aircraft acquiring is directly proportional to the size of the aircraft

· Availability of aircraft within a very short notice period of only 4 hours

· Scope for upgrading or downgrading aircraft size according to changing requirements

· Single point availability of all services.

These are only some of the benefits that you can avail with fractional aircraft ownership offered by Nicholas Air and overall you can always consider it as the superb choice for enjoying the benefits of having a personal jet of your own only by paying a part of its original cost. While the service operator takes care of management and technical details, the fractional owners also enjoy access regarding the flight crew and the mechanics. Considering all the benefits that fractional jet rental can bring for you – you can certainly consider it to be a very good choice.

About The Author

Robert Engvall is an online travel writer. Through the various articles that he writes, he reaches out to readers advising them on travelling safely and cheaply. Presence of useful information and interesting tips such as that related to Private Jet aircraft, Jet cards, Jet rentals etc. help in making life a little easier for flyers everywhere.

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