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The TBM 850 Fly and Share your TBM co-ownership program

phpxdg0xlpmMarch 24, 2009, North Perry, FLA– An innovative new program that opens up co-ownership opportunities for the TBM 850 very fast turboprop aircraft was launched yesterday.


March 24, 2009
By Carey Fredericks

phpxdg0xlpmMarch 24, 2009, North Perry, FLA – An innovative new program that opens up co-ownership opportunities for the TBM 850 very fast turboprop aircraft was launched yesterday by DAHER-SOCATA, using the manufacturer’s international distributor and support network for worldwide coverage.

Advantages of the F.A.S.T. (Fly and Share Your TBM) program for operators include low cost of ownership, better utilization of capital assets and professional management.

F.A.S.T. is ideally suited for two shareholders on a one-third/two-thirds co-ownership basis, but the program could accommodate up to three shareholders per aircraft. A minimum 100 days of exclusive use is provided per year on an unlimited flight hour basis – which differs from traditional fractional programs requiring the purchase of annual flight hours that are either used or lost.

“F.A.S.T. provides an unmatched opportunity for customers to fully benefit from the world’s fastest, highest-flying single-engine turboprop aircraft at a fraction of the purchase price,” explained Nicolas Chabbert, the President of SOCATA North America. “It is perfectly suited to today’s business and economic environment – offering travel at jet speeds and turboprop economy with an aircraft that continues to be a worldwide success story.”

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The F.A.S.T. program ensures that all maintenance work is performed in factory-approved and FAA-certified repair stations. Its structure guarantees the highest value retention through top-level management of maintenance, tracking and other administrative duties.

Included in F.A.S.T. are on-line flight scheduling, maintenance services, aircraft tracking, subscriptions to charts and databases, professional flight service and a single-contact source for assistance. F.A.S.T.’s configuration ensures predictable costs over the duration of the program.
 
In addition to the basic features, additional services available with F.A.S.T. are flight training, hangar capacity (depending upon the location), car rental, concierge services and insurance.

The TBM 850 continues in sustained production by DAHER-SOCATA, with more than 200 aircraft sold since its launch in 2005, and over 150 delivered to customers around the globe.

With a maximum cruise speed of 320 KTAS at 26,000 ft. (in ISA conditions), the TBM 850 combines flight and travel times typical of light jets with the range, excellent payload capacity and highly economical direct operating costs of turboprop aircraft.. The TBM 850 is an 850-shp. version of SOCATA’s proven six-seat TBM 700 turboprop business aircraft.