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    • Home
    • Why Private
      • Travel pain
      • Solution
      • Experience
      • Options
      • Aircraft
    • Why Fractional
      • Concept
      • History
      • Working
    • Learn More
      • Services
      • About us
      • Media
      • Contact
  • Home
  • Why Private
    • Travel pain
    • Solution
    • Experience
    • Options
    • Aircraft
  • Why Fractional
    • Concept
    • History
    • Working
  • Learn More
    • Services
    • About us
    • Media
    • Contact

Travel pain IS all around

Getting in and out of our cities takes hours, makes you tired, can be risky and dangerous.  Our highways, airports and airlines  have improved,  but will still tire you out systemically.  A private aircraft can significantly enhance your productivity. 

New opportunities are in smaller towns, where competition is low, costs are lesser, and business is to be had by whoever shows up.   Don't let geography come in the way of your destiny. 

You invested in that factory, or facility, in that remote area because of the tax benefits and lower costs.  But you haven't been able to supervise it well.  Don't let it be that way. You have the power to change this.

Solution IS FLY private

Visit your factories

Bring customers to you

Visit your factories

Use your aircraft to visit your factories  located in smaller towns more often.  Get a productivity booster by taking your management team along, and supervise better.  Get  there and back home the same day.  

Visit your outlets

Bring customers to you

Visit your factories

Worried that your outlets in tier 2/3 towns aren't   being adequately supervised?  Fly out to visit multiple outlets in different cities, all according to your schedule.  Schedule changed?  Your  aircraft waits for you. 

Bring customers to you

Bring customers to you

Bring customers to you

Need to meet customers in different cities?  Your aircraft flies on your schedule, to the cities  you want, in the order you want.  Pleasantly surprise your customers in person, solve their problems, and be home in time for dinner.

Go meet customers

Visit your vacation home

Bring customers to you

Not able to close the deal because the customer doesn't have time to visit the state of  art factory you set up in far away Jaunpur or Amravati?  Fly them there and back in a morning and seal the deal. 

Visit your vacation home

Visit your vacation home

Visit your vacation home

You have a vacation home in the mountains, but not able to visit that often?  Tiring airline connections or long drives deterring you? Use a helicopter to fly up comfortably, and enjoy the serenity of your vacation home more often.  

Get advisory on the ideal plane for you

Bring joy to your family

Visit your vacation home

Visit your vacation home

Grandma dreams of a long cherished pilgrimage to Shirdi or Tirupati, but cant make it due to her poor health?  Make it happen. Fly her directly there and back home in time for dinner, all in the comfort in your own aircraft. 

Experience OF flying private

No long check-in times

Arrive 15 minutes before departure time.  Your boarding pass is handed to you as you arrive.  Arrived early? Most major airports now have private lounges.  Get escorted through security, to a waiting car that takes you to your waiting aircraft.  

Time to take off?  Mostly under 15 min from arrival at the airport!     

Relax comfortably in-flight

Reach your seat in seconds.  Relax comfortably as you zip through the skies. With WiFi connectivity.  With colleagues on a productive business trip.  With friends and family on a lovely holiday, made even more memorable  with your own plane.  

Its like stealing time from the Gods themselves! 

Options TO FLY PRIVATE

Charter

Shared ownership

Sole Ownership

Charters have their place.  They work fine for infrequent users of private aviation, say  if you fly under 50 hours a year.  But if you fly more often, then  you have a problem.  The supply of charter planes is very small in India. You have to live with availability / reliability issues that will hamper your mobility.  Plus you may not ge

Charters have their place.  They work fine for infrequent users of private aviation, say  if you fly under 50 hours a year.  But if you fly more often, then  you have a problem.  The supply of charter planes is very small in India. You have to live with availability / reliability issues that will hamper your mobility.  Plus you may not get the right aircraft for your needs. Notwithstanding the above, if you need a sudden charter and don't know where to go... please feel free to call us.   

Sole Ownership

Shared ownership

Sole Ownership

Sole-aircraft ownership works well if you fly over 200 hours a year and can take on the capital costs alone.  Else its difficult to justify such an asset purchase.

Some natural questions you may have - Which model? How to go about it? How to structure ownership? Timelines and budgets to expect?... and so many more.  The internet is useful 

Sole-aircraft ownership works well if you fly over 200 hours a year and can take on the capital costs alone.  Else its difficult to justify such an asset purchase.

Some natural questions you may have - Which model? How to go about it? How to structure ownership? Timelines and budgets to expect?... and so many more.  The internet is useful but can also be a confusing overdose of information.  On the other hand, most aviation pundits are good in only one or two aspects.  In contrast, we provide 360 degrees guidance (advisory and implementation) that does not stop with purchase, and continues till three months after your aircraft is imported and pressed into operations.  

Get Advisory on aircraft acquisition and operations

Shared ownership

Shared ownership

Shared ownership

Sharing ownership works well if individual usage is between 50 - 200 hours a year. 

An aircraft is expensive regardless of the model.  Sharing ownership helps justify that purchase (pooling capital, pooling utilizations).  But it is also not that easy and can get complicated.  Someone needs to manage the ownerships and  balance aircraft us

Sharing ownership works well if individual usage is between 50 - 200 hours a year. 

An aircraft is expensive regardless of the model.  Sharing ownership helps justify that purchase (pooling capital, pooling utilizations).  But it is also not that easy and can get complicated.  Someone needs to manage the ownerships and  balance aircraft usage.   If you crack it, it could be the best thing ever.  Its worked very well abroad.  Why will it not in India (if structured similarly)?

Please see the Why Fractional - Concept section on how to structure this. Or feel free to call us.

CONCEPT

Structuring shared ownership

Option 1 -  Ownership by SPV company shareholding-

Setup a SPV and fund it the aircraft value from co-owners.  SPV purchases and owns the aircraft. The aircraft can either be leased to a licensed aircraft operator, or else, the  SPV  itself obtains the operating license.  SPV shareholding determines usage rights.  

Option 2 - Traditional Fractional Aircraft Ownership-  

Disclaimer-  not permitted in India.... as yet, but watch this space.  

A share in the aircraft is sold to you by an aircraft operator, which retains possession and control.  Your joint title of the aircraft (say 1/4th or 1/8th and so on) is recorded in DGCA's registration certificate.  The registration also records the aircraft operator's name, which frees co-owners from aviation compliances as those are the operator's responsibility.  The asset can then be listed in your books, and you can avail proportionate depreciation.  Aircraft ownership share determines usage rights.  

Hugely popular

Option 2 above,  or Traditional Fractional Aircraft Ownership programs  is hugely popular in USA, Europe and many other countries.  The US alone has over 1,000 aircraft with over 10,000 fractional owners.  India, in contrast, totals only 500 small non-scheduled aircraft,  mostly under sole ownership, and a few in SPV sharing model.  India does not allow Traditional fractional ownership programs (Option 2 above).   But its time has come.


Easier to justify

Sharing ownership, reduces your burden be it initial purchase costs or periodic fixed costs over time. You can match your ownership share  to your individual utilization.  This alone makes it easier to justify that purchase.   Traditional Fractional Aircraft Ownership also assures: no management hassles and easier liquidity for entry/exits.  The model is ideally suited for capital constrained developing countries like India....once permitted.

Your time machine

Effectively, you buy time, which can be several weeks in a year, that can be put to great use.  Think about all the time spent in waiting for airline connections, check in times, waiting for baggage, not to mention the added productivity when you can work on a private plane, hold meetings, make calls, close deals, create great memories for your family and friends...the list is endless.  You are literally in a extra time manufacturing machine.  Time that would have otherwise been lost.

A new high

Your experience can be completely another level, depending on who you work with to guide you in this journey.  

Traditional Fractional Aircraft Ownership (when permitted in India) will allow you the luxury of nil management headaches  normally required to run a complex flight department.  You  also need not worry about liquidity when times are hard, or if your needs simply change.   Peace of mind apart... you are swooshed to freedom in travel, that is better than any airline or charter plane.

History - fractional aircraft ownership

Beginnings

International regulations

International regulations

Traditional Fractional aircraft ownership (on the asset) began in the USA,  over 30 years back  in the late 80s, by a little known company called Executive Jet Airways, led by the legendary Richard Santulli.   In 1998 they were acquired by Warren Buffett backed Berkshire Hathaway.   And renamed as - NetJets.  The rest is literally history

Traditional Fractional aircraft ownership (on the asset) began in the USA,  over 30 years back  in the late 80s, by a little known company called Executive Jet Airways, led by the legendary Richard Santulli.   In 1998 they were acquired by Warren Buffett backed Berkshire Hathaway.   And renamed as - NetJets.  The rest is literally history 

Customers loved the product, the novelty that they could own a aircraft (even if a fraction- 1/8th or 1/4th or so on).  The fraction chosen  could be  matched to their usage (75hrs or 100 hours a year and so on). Then they were able to record the asset on their books & avail proportionate depreciation in a very familiar accounting practice. All along be more assured of aircraft availability, and  never have to worry about operations and compliances,  have defined costs and better liquidity (than full ownership),  and also get access to other aircraft types after the fractional provider scaled up their fleets.   Today, NetJets is the  fractional industry leader globally, with  over 750 aircraft spread across USA and Europe.  

Other reputed  fractional providers  globally are-  FlexJet, PlaneSense, JetFly,  AirSprint to name a few.  


International regulations

International regulations

International regulations

 From  the beginning, i.e. late 80s,  all fractional players operated under FAA's  private use regulation - Part 91.  But by 2005, after seeing  the unbridled growth of fractional players,  the FAA carved out a separate regulation for them-  Part 91K.   This new  regulation  was also private but  stricter than  pure private- Part 91 (for 

 From  the beginning, i.e. late 80s,  all fractional players operated under FAA's  private use regulation - Part 91.  But by 2005, after seeing  the unbridled growth of fractional players,  the FAA carved out a separate regulation for them-  Part 91K.   This new  regulation  was also private but  stricter than  pure private- Part 91 (for non fractionals).   It was however less stringent than commercial charter- Part 135.   

Today, US operators can get multiple operating certificates from the FAA-  91, 91K, or 135... and then plan their flights  appropriately depending on who are   their passengers.   

In Europe, EASA took a different approach. They decided against making a  separate operating category for Fractionals. Thereby traditional  model fractional ownership could be applied to any aircraft in any operating category.  

This is also the approach for us to follow in India.

Wish to know more?

India

International regulations

India

Today, India's DGCA does not accept multiple titles on the registration document for aircraft.    The issue is under deliberation by the Government.  A lot of work and tax studies have been done and draft policy guidelines are ready and awaiting release.  After the policy is finalized, it would be followed by the DGCA  regulations - for t

Today, India's DGCA does not accept multiple titles on the registration document for aircraft.    The issue is under deliberation by the Government.  A lot of work and tax studies have been done and draft policy guidelines are ready and awaiting release.  After the policy is finalized, it would be followed by the DGCA  regulations - for traditional fractional aircraft ownership programs, and this would be the dawn of fractionals in India.  

 It is pertinent to mention that about 20 years ago,  a  few companies tried to  commence Fractionals  in India. Those attempts were ahead of time.  Not only were conducive regulations not in place, but the market was also not ready.   However...today, powered by a booming economy, India's market is very ready.  Only policy and regulatory frameworks are awaited, to change the face of non-scheduled aviation in India. 


Working - fractional aircraft ownership

Capability and Bandwidth

Capability and Bandwidth

Capability and Bandwidth

 No one in India has ever run a fractional aircraft ownership program before.  Not even us.  Just having track record of running charters is not sufficient to manage another's aircraft.   In fact Charters, by themselves are  easier to run as, compared to Fractionals.  Just look internationally- there are far far more charter providers tha

 No one in India has ever run a fractional aircraft ownership program before.  Not even us.  Just having track record of running charters is not sufficient to manage another's aircraft.   In fact Charters, by themselves are  easier to run as, compared to Fractionals.  Just look internationally- there are far far more charter providers than fractional providers!  What does this tell you?   Then, look in India- there are over a 100 charter operators  that too in a very fragmented manner, all competing against each other and fire fighting daily.  

The message here is to look for a service provider who has  Capability plus Bandwidth to look after and manage your aircraft

Flightshares edge

Capability and Bandwidth

Capability and Bandwidth

We are helmed by professionals who are dedicated to the cause of fractional aircraft ownership in India.  We have studied how the program works in the western world and pursued  the Indian Government for over 2 years on shaping a fractional policy.  We have released advertisements, given media interviews pushing the case of fractionals, h

We are helmed by professionals who are dedicated to the cause of fractional aircraft ownership in India.  We have studied how the program works in the western world and pursued  the Indian Government for over 2 years on shaping a fractional policy.  We have released advertisements, given media interviews pushing the case of fractionals, have had hundreds of conversations with industry leaders across India, who were curious about fractionals asking questions like - What are their costs like? How would the program work? Would they get depreciation? How will we manage fair usage? Which are the aircraft involved?...to name a few.  

All this has allowed us to sharpen our  program working. 

Get in touch for specifics

Flightshares program

Capability and Bandwidth

Flightshares program

We  take over the responsibility of purchasing your aircraft, be it sole ownership or shared ownership.  We ensure your aircraft is well looked after. Just forget about the stress of organizing everything beforehand.  We take care of it all, so that you enjoy your private plane as an owner. 

The program oversees your aircraft purchase, con

We  take over the responsibility of purchasing your aircraft, be it sole ownership or shared ownership.  We ensure your aircraft is well looked after. Just forget about the stress of organizing everything beforehand.  We take care of it all, so that you enjoy your private plane as an owner. 

The program oversees your aircraft purchase, contracts, provides briefings, familiarization meetings,  ensures transparent and fair usage management with regular statements, not to mention  putting in place equitable arrangements with a reliable aircraft operating company, which could either be your own or a 3rd party  AOC. 


Aircraft

Pilatus PC 12 NGX

Pilatus PC 12 NGX

Pilatus PC 12 NGX

The PC 12 is a long established airplane family built by Pilatus in Switzerland.  This plane is a workhorse and super reliable.  Its Pratt and Whitney PT6 engines are built in Canada and have a bulletproof reputation.   Seats 6 to 8 in corporate configuration.  Ideal to access short fields,  at low cost flights, for flights mostly within India.

Praetor 500 / 600

Pilatus PC 12 NGX

Pilatus PC 12 NGX

The Praetor is a relatively new airplane family  built by Embraer in Brazil and USA.  Incorporates latest technologies, including fly by wire flight controls. Seats 8 to 10 in corporate configuration. Ideal for fast flights within India, or neighboring countries like Singapore,  Dubai, and Maldives, or if you do one refueling halt mid way.. it will even fly to Europe ex-India.  

Call us to know more

Airbus H130

Pilatus PC 12 NGX

Airbus H130

The Airbus H130 helicopter was born from the highly versatile H125 whose  excellent high altitude performance is well proven.  Fun facts- The H125 has been flown to  Siachin Glaciar and  to Mount Everest and over 7000 have been delivered in different versions in the  Ecureuil family.  The current  versions are H125 (utility workhorse) and H130 (corporate favorite) and seat upto 6 passengers. 

OUR SERVICES

Turnkey aircraft acquisition

Decided you wish to procure an aircraft?  We make the process enjoyable, be it for whole aircraft or for shared aircraft,  

You need to cover a vast range of things before securing your ideal plane - Selection (which model), Decide between  new vs. pre-owned, Inspections (for specific machines),  Budgeting all the way, Mobilization with funds, permissions, pilots etc.  Negotiate Purchase Agreements, Execute on them  (which is a big process in itself).  The bottom line is that we make this arduous process 

enjoyable.

Aircraft operations advisory

You cannot acquire an aircraft without this foundational task.

Basically, your aircraft needs an approved operational setup or  home.  Think of it like an operational and maintenance cover.   We guide you through key decisions and executions so that this foundation is setup for your aircraft by the time it is delivered.   

Some of the issues to sift through are-  Should you set up your own operations or contract out to a 3rd party?  Compliances and Taxations?  Will you get pilots easily?   Timelines and Procedures to expect?  In country or Out of country basing?  Private or Commercial operation?...amongst many others.   

About us

We are a team of experienced aviation enthusiasts who believe that owning an aircraft should be a thing of joy.  Not frustration. 

There are many pundits around- experts in one or two aviation fields.  But aviation needs 360 degree capabilities.  For example, lets take aircraft brokers. They are very useful indeed but maybe just for the sale process?  Whereas there are  many other aspects that impact you, such as-  the right aircraft for you (and not for the broker),  setting up an efficient home for your aircraft (own operations vs. third party operations), good piloting strategies that de-risk you (getting a pilot ready takes months), and many more such aspects.  

 

If all these are not handled well in parallel to aircraft acquisition, then you risk making costly mistakes.  It hurts to see an aircraft weeping on the tarmac... and so we started offering  our 360 degrees advisory and implementation services.  Where absolutely necessary, specific domain experts can always be hired separately.... but we oversee and monitor the entire process turnkey.  And partake in your joy.

Contact

Email us- jayant@flightshares.in, or call on- +91-9582211767, or write to us from right here-

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Flightshares Private Limited

Level 3, Augusta Point, Golf Course Road, Sector 53, Gurgaon 122009, Haryana, India

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