Non-Equity Sharers Program
For many years groups of business men, families and friends have clubbed together to purchase and share valuable assets.
Fractional ownership, joint ownership, shared ownership, co-ownership, group ownership, to name some of its many terms, are well established ideas.
If you own a private aircraft, it costs you money even when you’re not making use of it. Our program can offer you much better value on your asset.
While the advantages of owning an aircraft are numerous, so are the costs. A private aircraft is very expensive to purchase and comes with many added expenses, for example hiring and training pilots, maintenance, insurance, and management.
If you have a reason to own a private jet but you can't justify the expense of owning the aircraft outright or if the existing fractional schemes do not really fit your requirements, then our Non Equity Shares Program will be the perfect solution for your flying requirements.
Our program is guaranteed to mutually benefit both the aircraft owner and the “Non Equity Sharers” (NES).
This program is designed to form a flying group based on matching aircraft owners with a group of NES, based on purchasing non equity shares in the aircraft.
NES do not own a percentage of the aircraft; they simply share the use of the asset and pay usage fees, plus administrative fees.
How does the program work?
For the Owner: We will match one private aircraft owner with three NES to form a flying group.
For the NES: We will arrange for each sharer to purchase one non equity share in the aircraft.
Costs are split into fixed and variable costs. Fixed costs are paid by all users equally. Variable costs are based on actual use and are paid by the individuals according to their usage.
Benefits to the owners:
- Substantially reducing the fixed operating cost,
- Reducing the management and administration cost,
- Creating regular income.
- Reducing the annual maintenance cost, for example it is much better for the aircraft to be used more regularly, regular use will keep the aircraft working well,
- Knowing the people that are using your aircraft.
Benefits to the NES:
- Give you all the benefits and advantages of full jet ownership without the capital outlay and with no depreciation costs.
- Reliability and consistencies on costs and comfort on every flight.
- Guarantees to offer you a much lower rate than the market rate.
- Peace of mind with regards to safety and security.
- Open booking system based on agreed ground rules.
- Having your own crew members and management team with the full knowledge of the aircrafts serviceability and its airworthiness.
With this program we will be creating the perfect sharing arrangement for both the aircraft owners and the NES, our management and operations are based on the highest safety standards in private aviation. If you have any questions about the NES program please contact us or alternatively see our FAQs. To download a copy of the program on PDF, please click here.
