The Rise of Fractional Ownership in Private Aviation

The private aviation industry has witnessed significant evolution over the past few decades. Fractional ownership of an aircraft, once considered a luxury for only the wealthiest flyers, has grown in popularity due to its flexibility and cost-efficiency. Today, frequent flyers and businesses are increasingly turning to shared aircraft ownership to enjoy the convenience of private travel without the complexities and full financial burden of outright aircraft ownership.

This trend began in the late 1980s when private jet companies introduced the concept of owning a portion of an aircraft rather than the entire plane. Over the years, innovations in management and service quality have driven the popularity of fractional ownership programs. Here at Boomerang Air Charter we’re leading the charge, offering tailored solutions that meet the needs of frequent travelers looking for more accessible and cost-efficient private aviation options.

Advantages of Shared Aircraft Ownership for Frequent Flyers

One of the biggest draws of fractional ownership of an aircraft is the convenience it offers. Frequent flyers can enjoy private travel on demand without the hassle of managing the day-to-day operations of an aircraft. At Boomerang Air Charter we handle all the logistics—maintenance, staffing, scheduling, and regulatory compliance—so our owners can focus on enjoying their journey.

Another major benefit is flexibility. Shared aircraft ownership gives you access to a range of aircraft types to suit your needs. Whether it’s a short domestic trip or a long-haul flight, fractional owners can choose the right aircraft from our fleet rather than being limited to a single plane. Boomerang Air Charter ensures that aircraft availability is prioritized for owners, meaning last-minute bookings are usually easy to secure.

Cost-Saving Potential with Fractional Ownership

For many travelers, cost savings are the primary reason for opting into shared aircraft ownership. Full ownership of a private aircraft comes with substantial expenses—purchase costs, maintenance, storage, insurance, and staffing can quickly add up. Fractional ownership, however, spreads these costs across multiple owners, making it a far more budget-friendly option.

Boomerang Air Charter’s fractional ownership program is designed to offer predictable pricing. Owners typically pay a one-time purchase fee for their share of the aircraft, followed by monthly management fees and hourly rates for flight time. This pricing structure allows owners to avoid surprise expenses and budget their travel more effectively.

Additionally, fractional programs often provide access to multiple aircraft within our fleet. This eliminates the need for repositioning flights—an added cost in full aircraft ownership—since owners can board planes that are already conveniently located. Boomerang Air Charter’s program includes access to our growing fleet of Pilatus PC-12 aircraft, ensuring cost-effective travel solutions for every trip.

How Fractional Ownership of an Airplane Works

At its core, fractional ownership of an aircraft is similar to owning shares in a company. Our own program begins with ¹⁄₁₆th shares, which translate to up to 40 hours per year, and ⅛th shares – equivalent to up to 80 hours per year.

This ownership entitles you to all the benefits of private aircraft usage, without the complexities of maintenance and operational oversight.

Boomerang Air Charter’s program simplifies the experience even further by providing owners with transparent contracts and no hidden fees. Our owners also benefit from the company’s extensive safety protocols, professional staff, and premium concierge services.

With Boomerang Air Charter’s shared aircraft ownership program, there are no surprise costs—just a straightforward approach to private air travel.

Enhanced Safety and Service with Boomerang Air Charter

When it comes to private aviation, safety is paramount. Boomerang Air Charter’s fractional ownership program is managed by FAA-certified operators with impeccable safety records.
In fact, we’re FAA-approved to conduct our own, in-house pilot training, when onboarding new crew.

Our policy is to employ only the most experienced pilots, each rigorously trained and continuously assessed to meet the highest industry standards.

Owners also benefit from Boomerang Air Charter’s signature concierge services. Every flight is tailored to meet your individual preferences, from custom catering options to ground transportation arrangements. With Boomerang Air Charter, shared aircraft ownership is not just a cost-effective travel solution—it’s a premium experience designed for comfort, safety, and satisfaction.

Is Fractional Ownership Right for You?

If you’re a frequent traveler looking to optimize your private air travel experience, fractional ownership could be the perfect fit. Boomerang Air Charter’s program combines the best of flexibility, cost-efficiency, and premium service, making it an attractive option for both individuals and businesses. With access to a fleet of modern aircraft, no surprise fees, and a focus on safety and comfort, Boomerang Air Charter takes shared aircraft ownership to new heights.

Ready to explore the world of fractional ownership? Contact Boomerang Air Charter today to learn more about how you can enjoy the freedom and luxury of private aviation without the full cost of owning an aircraft outright.

Time to Fly?

Fractional ownership of an aircraft is no longer just a niche option—it’s a practical, cost-effective way for frequent flyers to enjoy private travel on their terms. As one of Florida’s leading private charter companies, Boomerang Air Charter offers unparalleled access to shared aircraft ownership with a focus on convenience, safety, and transparency. Whether you’re seeking flexibility, luxury, or predictable pricing, Boomerang Air Charter’s fractional ownership program delivers it all.

Contact us today and take the next step toward a smarter, more efficient private aviation experience.

FAQS

With the growing number of people choosing shared ownership, here are some of the most commonly asked questions people are asking our team:

How does fractional aircraft ownership work?

Owners purchase a percentage of an aircraft, which grants them access to flight hours proportional to their share.

At Boomerang our ownership packages include a ⅛th share, giving you up to 80 hours per year and ¹⁄₁₆th share offering 40 hours.

Worth pointing out that unlike many shared ownership programs, we do not include any repositioning costs under 400nm.

What is the difference between fractional aircraft ownership and full ownership?

Fractional ownership reduces upfront costs and maintenance responsibilities, while full ownership gives exclusive access but higher expenses.

Is fractional aircraft ownership the same as a jet card?

No, jet cards and air charter bemberships provide prepaid flight hours without ownership, while fractional ownership involves partial ownership of an aircraft.

Is fractional aircraft ownership worth it?

Yes, it can be very cost-effective for frequent travelers who need private jet access without the full expense of owning one outright.

Is fractional aircraft ownership tax-deductible?

Yes, it is. You can claim up to 65%You can get up to 65% tax credit. You just need to take one business trip in the first year to qualify.

What happens if I need more flight hours than my share allows?

No problem, as an owner you can purchase additional hours at a set rate or upgrade your share.

Can I let friends or family use my fractional jet hours?

Yes, at Boomerang Air Charter you can pass hours to family members or business associates. We possess a Part 135 certificate, meaning you (as an owner) do not have to be onboard to fly family, friends or business associates.

Does fractional aircraft ownership include pilot services?

Yes, we provide fully trained pilots and maintenance as part of the agreement.

Is fractional jet ownership regulated by the FAA?

Fractional ownership is regulated by the FAA, it can be either part 91 or part 135. Boomerang Air Charter operates under the part 135 certification. There are fractional operators that operate under the part 91.

How does fractional ownership compare to full private jet ownership?

Fractional ownership has lower costs and fewer responsibilities, while full ownership provides complete control.

How do I choose the best fractional aircraft ownership program?

Simply give the team at Boomerang Air Charter a call and we’ll be happy to advise you on the best ownership options for your needs.