Fractional Ownership
The benefits of fractional jet ownership.
Fractional ownership sits between chartering and owning a jet outright: you buy a share of a specific aircraft, get a set number of guaranteed hours a year, and let a professional program handle everything operational.
Exclusive Partnership
SetFlight is exclusively partnered with Eleven Aviation for fractional ownership.
What it is
A fractional share is a real ownership interest in a specific aircraft. A 1/16 share, for example, typically entitles you to around 50 occupied flight hours a year; larger shares scale up from there. Programs are flown under the FAA's fractional-ownership rules (Part 91 Subpart K).
A single provider manages the whole operation, crews, maintenance, scheduling, insurance and regulatory compliance, across a shared fleet. That is what makes availability guaranteed and the experience consistent from flight to flight.
Why owners choose it
Guaranteed availability
Call with as little as a few hours' notice and your aircraft is guaranteed, even at peak periods. No searching, no scrambling for a tail.
A fraction of the entry cost
Buy only the share of the aircraft you'll actually fly, typically a 1/16 to 1/2 interest, instead of the capital of whole ownership.
No operational burden
The program provider handles pilots, training, maintenance, hangaring, insurance and FAA compliance. You simply fly.
Predictable, known costs
A fixed monthly management fee plus an occupied hourly rate. You always know the same aircraft type and the same cost structure.
A real capital asset
Your share is an owned asset with a scheduled buy-back, and it may carry depreciation and tax advantages. Confirm specifics with your advisor.
Fleet interchange
Need a larger cabin for one trip, or a light jet for a quick hop? Programs let you move across the fleet and pay the matching rate.
Is it right for you?
Fractional ownership tends to make sense for flyers who need roughly 50 to 400 hours a year. Below that, a jet card or on-demand charter is usually more economical. Well above it, whole ownership or a management arrangement may cost less per hour.
The trade-offs to weigh are the up-front capital, the monthly management fee, the occupied hourly rate, and the contract term (commonly around five years with a scheduled buy-back). The right answer depends on how, where and how often you actually fly.
That is where we come in. SetFlight helps you compare programs and share sizes against your real travel pattern, and represents your interests with honesty and care. If fractional is not the right fit, we will tell you plainly and point you to what is.