Legacy Quarterly Fall 2023

Cost Predictability: Fractional ownership is widespread among large businesses as a supplement to their own private aircraft and offers very predictable costs which is good for budgeting.

shared ownership value of an aircraft as a percentage.

out of business with a few recent notable examples. This serves as a reminder for potential investors to research fractional ownership providers’ financial stability and reputation thoroughly and recognize that a deal that appears too good to be true is possibly a bad idea. 2. Jet Card Memberships: On- Demand Luxury The popularity of private aviation has risen steadily, providing a versatile and convenient option. The advantage of a pre-paid card with flight hours locks you in with some protection against price fluctuations.

Operational Limits: Availability might be constrained during peak travel times, and participants may face operational restrictions while rarely if ever flying in the actual aircraft they own a share of. However, prospective buyers should exercise caution, as the history of fractional ownership has seen instances of companies going

Cons:

Upfront Investment: While more affordable than sole ownership, fractional ownership requires a substantial upfront investment and is typically higher than the

Pros:

Flexibility: Jet card holders can book flights on short notice, making it an ideal solution for spontaneous travel with concierge service. Cost Transparency: Members pay a fixed hourly rate based on the actual route flown, simplifying budgeting and reducing unexpected expenses and some protection against rising costs.

Cons:

Higher Hourly Rates: Jet card memberships often come with higher hourly rates than other options since they don’t include empty positioning legs which still need to be flown. Fleet Limitations: Users may be restricted to a specific fleet, limiting options for larger or specialized aircraft. While the flexibility of jet card memberships is highly appealing, potential buyers should be aware

Legacy Quarterly

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