Time is money. This statement is as true in todays globular economy as it has ever been. To remain competitive heart to be mobile. One growing aspect of the in merged conception that is becoming increasingly popular is the divisional professership excerption of operating a vocation melodycraft. Companies or individuals can own a portion, or a share, of a suitable aircraft, for equitable a fraction of what an aircraft takes to own and operate a corporate jet.
In this project, several factors will be examined. The first factor is the handiness to this form of aircraft operation. This will be explored in an attempt to destine the favorability of the corporate investment in fractional ownership, based on the number of aircraft deliveries compared to the increases in corporate profits.
The second factor is the corporate outlook-based on profit levels, unemployment rates, and other indicators healthy enough to strike expanding trading operations enough to absorb the increased costs associated with owning an aircraft, or participating in a fractional ownership political platform?
The third factor to be examined will be how increasingly unstable fuel costs may affect the panorama of fractional ownership versus complete ownership.
Business aviation has been claiming an ever-increasing niche in the overall aviation industry since the 1960s since the development of the Learjet 10.
Business executives began to ready increased time savings through the use of privately-owned aircraft by going around airport terminals and avoiding long lines. Additionally, smaller business aircraft were able to use feeder airports, away from the major air terminals, utilizing runways that were too short for the larger airliners, providing increased flexibility of operations for the owners.
In 1986, a company known as Executive Jet, Inc., introduced a new concept of aircraft ownership, now known as fractional ownership. This form of aircraft ownership allows individuals to buy...
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