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Helicopters Magazine Careers in Aviation
Rob Seaman Fractional Aircraft Ownership
Written by Rob Seaman   
Travelling by commercial air carrier had become expensive. 80-airsprint-10Any businessperson who regularly has to fly via commercial air carrier will tell you in no uncertain terms that service and convenience are not features of this method of getting from A to B. Even before the challenges of the post-9/11 environment, many in corporate Canada were openly complaining about the cost and deteriorating level of service. Travelling by commercial air carrier had become expensive - especially when tickets were purchased at the last minute - and time consuming. Flight planning departments and travel specialists took to seeking innovative and effective alternatives.

The Canadian business community has largely shed its inhibitions about the use of private jets for corporate transport. Gone is the image of the flying barge with fancy bar service, flight attendants and expensive accoutrements. Company aircraft move people in a timely fashion without the loss of productivity that comes from commercial travel, and also move goods and smaller, easily transported inter-office materials. A key US financial publication ran an article earlier this year on the effectiveness of corporate aircraft. Using the NBAA Travel$ence program, it compared the total costs for four executives to travel from New York to Dallas and return in a day. The model for comparison used last-minute-purchased business- class tickets vs. a chartered business jet. A company would have saved some US$10,000 by using the corporate charter over a commercial airliner.

Many companies have neither the need nor the resources to acquire their own corporate aircraft. For them, charter or shared ownership of an airplane can be a viable answer. As of this spring, there were 35 fractional aircraft operations listed in the US, seven in Europe, Asia and the Middle East and three helicopter/ specialized aircraft fractionalownership operators. In Canada we currently have two firms offering fractional ownership of business aircraft - AirSprint of Calgary and Jet-Share Canada of Mississauga, Ontario.