Fractional Jet Ownership
Forget about the stress of organising everything beforehand, we will take care of all. Enjoy your private plane as an owner with fractional operating costs.
How does fractional ownership of the jet work
Why pay full cost when you can cut it? The Fractional Jet program is considered the highest and most exclusive level of transport, dedicated to a small and selected clientele who often use the executive service. With LuxWing Fractional Program, multiple owners share the costs of purchasing, leasing and operating the aircraft. You buy a “share” of an aircraft, rather than an entire jet. As owner, you’ll have guaranteed access to that plane, and you’ll have access to the full LuxWing fleet, and may upgrade or downgrade for specific flights. The 5-year program provides for the purchase of a share of the asset, followed by a monthly fee which entitles you to fly at the cost price of the flight throughout Europe and without any extras, just like for Jetcards. At the end of the contractual period, once the asset has been sold, the value collected will be divided among all the shares.
Guaranteed plane
Always a plane ready for you 365 daysH24
Entire fleet
Entire Luxwing fleet is available for Fractional Owners
Fraction cost
Multiple owners share the costs of operating the aircraft
Share Costs.. recouped!
you can recoup at least all that investment at the end of your contract period
No Peak period
Plane is yours anytime.
Two engine..always
You will fly with 2 engine plane always.
Why the Fractional
Ownership Service
With LuxWing Fractional Program, you’ll have all the owner advantages without heavy bills. You’ll benefit our highly experienced aviation professionals, highest standards of safety, technical assistance and customer service, ensuring that our aircraft management solutions meet all regulatory requirements under EU OPS-1. We will maintain your private aircraft and provide flight operations support, management and flight planning, maintenance schedule, crew scheduling and training. All you have to do is enjoy your flight.
Fractional Jet Ownership is perfect option for investors, whether being a private traveler or company. This gives the persons concerned the convenience of owning a private jet without forking out all costs associated with full ownership. By joining the LuxWing Fractional Jet Ownership program, investors enjoy an array of benefits associated with the program. Predominantly, investors have share of the ownership of the Aircraft and not merely a certificate awarding such privilege.
The Fractional ownership of the Jet refers to a form of co-ownership of the aircraft. The program is set up a minimum of six (6) co-owners awarded with shares and officially registered with the Malta Business Registry as owners .
The ideal investor for the Fractional Ownership Program is someone flying more than 50 hours per year across the geographical area of Europe.
1. Acquisition cost
Upon purchasing the 1/6th fraction of the company which will own the Jet, the Investor will have to pay the acquisition cost, otherwise known as a capital fee. The fee will be directly related to the size of your share. Investors may decide to purchase more than one fraction which will in turn allow you to increase the amount of hours available for your travel.
2. Monthly management fees
The Monthly Management fees include fixed costs related to the management of the Jet, such as insurance, full pilot training, aircraft passes and administrative expenses. The Luxwing Fractional Jet ownership program is the only program available on the market that includes both ordinary and extraordinary maintenance.
3. Hourly rate
The program incorporates a low hourly rate for flying. With every fraction purchased, the investor obtains one hundred (100) hours to be utilized within twelve (12) months. An option of fifty (50) hours and unlimited is also possibile. This fare includes flight related costs, crew wages, fuel, maintenance and engine reserves.
Additional Depreciation Deductions: Where the aircraft is used for business activities, the owner may benefit from depreciation deductions related to the ownership. This would not be possible in case of simple charter of the aircraft in a standard flight.
Privacy: Flying on a private jet ensures ultimate privacy. Given that the Jet is registered under the fractional airline name, the trip will remain private since your name will not be attached to your flying activity on publicly available data sources.
Reduced Flight Costs: Costs and expenses tied with owning an aircraft are distributed amongst the fractional jet owners. In this way, the investor is not expected to pay for all costs associated with the jet’s services, maintenance, and crew. The absence of financial liability makes fractional jet ownership very affordable.
Fractional Ownership Flight Example Cost
- Route Example
-
Fractional
Jet Ownership
London – Genève
Euro 3000
Genève - Paris
Euro 2000
Milan - Rome
Euro 2000
Milan - Olbia
Euro 2100
Milan - Ibiza
Euro 3500
Nice – Milan – Nice
Round Trip
Euro 2700
Paris – London – Paris
Round Trip
Euro 3000
Aircraft Acquisition
Why pay the full cost when you can cut it? With Luxwing Fractional Program, multiple owners share the costs of purchasing, aircraft acquisition, leasing, and operating the aircraft. You buy a “share” of an aircraft rather than an entire jet. As an owner, you’ll have guaranteed access to that plane, and you’ll have access to the full Luxwing fleet and may upgrade or downgrade for specific flights. At the end of the contract, you can sell the share either back to Luxwing or to another owner waiting for a position.
Fractional Aircraft Ownership
With Luxwing Fractional Program, you’ll have all the owner advantages without heavy bills. You’ll benefit from fit our highly experienced aviation professionals, highest standards of safety, technical assistance, and customer service, ensuring that our aircraft management solutions meet all regulatory requirements under EU OPS-1. With the fractional aircraft ownership, we will maintain your private aircraft and provide flight operations support, management and flight planning, maintenance schedule, crew scheduling, and training. All you have to do is enjoy your flight.