Article | Dec 01, 2003
It pays to share: small 'fracs' see growth Companies that offer shares of owner-flown aircraft are proceeding in a cautiously optimistic fashion, but since we last reported on this segment of the industry (see "A Piece of the Action," November 2002 Pilot), each company we spoke with has grown, and others have entered the market. Owner-flown shared partnerships, like their fractional bizjet cousins, offer a number of shares for sale in an airplane and professional management of the airplane's maintenance, scheduling, insurance, and partnership concerns.
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