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Fractional Ownership:
AirShares Looks Best

Although neither AirShares Elite nor OurPLANE are cheap, they’re still the less expensive way to own a new airplane. Owners say they fly more as a result.


Brad Rosse, far left, and Peter D’Auteuil oversee Air Share Elite’s New England operation. Michael Francis, right, handles checkouts.
by Jeff Van West

Rationalization and denial are key skills for any airplane owner. How else to justify the cost of owning and operating an airplane? On rare occasions, a GA airplane beats the airlines in dollars and hours, but we usually accept that we’re paying extra for the privilege of flight. We bask in the glory when it works in our favor and ignore the numbers when we make that unexpected overnight in the Airport Best Western.

None of this means we can’t or shouldn’t look for the best ownership deal. One option is owning a share of a GA airplane the way Warren Buffet owns pieces of various G-Vs: fractional…


 
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