OurPLANE’s executive share ownership program is currently offered on the Eclipse 500 VLJ, King Air C90B, and the Pilatus PC-12 aircraft. We manage a group of four (4) owners per aircraft with two different share ownership levels. Each level determines the number of annual flight hours and reservation privileges as follows:
|
Gold |
Platinum |
Equity Percentage |
12.5% |
25% |
Annual
Hours |
75 |
150 |
Advance Weekday Privileges |
Up to One Year In Advance |
Advance Weekend Privileges |
60 Days |
90 Days |
All OurPLANE share owners pay a monthly fee to help cover the fixed costs of aircraft operation such as aircraft storage, insurance, and OurPLANE’s management fee is included in that amount. A fixed hourly fee is charged for time flown to cover the direct operating costs of the aircraft such as fuel, oil and engine reserves.
The duration of OurPLANE’s fractional share program is five(5) years. Shareowners may sell their interest at any time either on their own, or through our Aircraft Broker Program (link to Alaris Aviation). At the end of the five-year term, the aircraft is sold and the shareowner can exit the program or apply the sales credit to the next factory-new OurPLANE Executive aircraft.
Getting Started!
- Call us at 1-877-775-2631 to discuss your specific aircraft and travel needs. Our sales consultants will determine which share program and aircraft is best for your situation.
- Come out to the airport to see the aircraft (if available) and meet with the local OurPLANE sales consultant in person.
- Sign the OurPLANE purchase agreement and pay the share ownership equity amount. Once our office has received the paperwork, you will then be scheduled for the aircraft factory training (additional cost). You will also be sent your username and password for OurPLANE’s online PRIORITY Reservation System.
- When you have completed the factory training program, you will most likely fly with a mentor pilot in the right seat for at least 50 hours (depends on pilot qualifications, types flown, and skills assessment).
- Once all of the initial training requirements have been completed (including any required mentor pilot time), you are free to begin scheduling your flights and enjoying your factory-new aircraft as Pilot In Command.
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