A Few Important Things That One Should Know About Fractional Jet Rentals

In the world of business aviation, fractional aircraft ownership is a fairly new concept as it was first introduced during the middle of the eighties of the previous century – but within this short period of time it has become quite popular. Companies like Nicholas Air is now offering a wide range of private jet rental and ownership programs that are simple, efficient cost effective and further customizable as per the distinct requirements of individual share owners and also a perfectly designed aircraft management program for regular and frequent flyers.

In reality, these fractional jet rental programs are actually agreements of co-ownership between the company and the clients for particular duration of time like 24 months, 36 months or 60 months and also include ground maintenance, aircraft management and pilot services. Available operational hour or flying hour is fixed and limited for a yearly period depending upon the terms and conditions of the contract but still fliers are allowed to upsize or downsize the contracts depending upon their changing requirements.

Being the leaders and also one of the most trusted names in the industry, Nicholas Air brings in jet aircraft for sale on a fractional ownership basis and thus offering their clients a chance to enjoy all the facilities and advantages of owning a personal aircraft by playing only a fraction of its original cost. Both individual clients and business organizations can now buy shares of a business aircraft instead of paying for its entire cost. Along with a fleet of business jets the company has a number of smaller personal aircrafts and their customers can always opt for a size as per their requirements. But here is thing to remember and that is the cost of fractional aircraft ownership is also directly proportionate with the size of the aircraft and the bigger the jet is, higher is its cost of fractional ownership. But clients can also upsize or downsize their agreements when required by paying a certain charge.

All fractional jet ownership programs available with Nicholas Air are designed with flexibility and focuses on meeting the exact requirements of their customers. Clients can now fractionally own an aircraft by paying only one sixteenth of its total price for 50 hours of yearly flying. Depending upon their requirements and affordability clients can also opt to fractionally own half of an aircraft if you fly extensively all around the year. One fourth and one eights shares can also be purchased and the available flying hours per year is directly proportionate with the size of the share that is being purchased. Though additional flying hours can also be purchased apart from the predetermined hours that come with the ownership agreement clients are also required to pay a fee for all flight hours occupied for the overall maintenance and administration of the program. Since they have started operation Nicholas Air has made a name as the best and most reliable fractional jet rental service provider in the industry.

About The Author

Robert Engvall is an online travel writer. Through the various articles that he writes, he reaches out to readers advising them on travelling safely and cheaply. Presence of useful information and interesting tips such as that related to Private Jet aircraft, Jet cards, Jet rentals etc. help in making life a little easier for flyers everywhere.