Business jet at golden hour, Jet Corp fractional ownership program
Fractional jet ownership · Jet Corp fleet

Own the aircraft.
Not the overhead.

A share in one aircraft, and owner rates across the Jet Corp fleet at your category and below. Every operating cost covered, no monthly management fee, and a contractual buyback at the end of your term.

Fractional jet ownership,
with a written way out.

Fractional jet ownership usually means buying in and hoping there is a buyer when you want out. This one is built the other way around. You take a real ownership interest in an aircraft from our fleet, fly it at one fixed hourly rate, and at the end of your term Jet Corp buys your share back under a contractual Guaranteed Buyback priced off an independent appraisal.

And you can look at all of it before you are committed to anything. Your deposit is fully refundable while you decide, held in escrow by a third party, so exploring the program costs you nothing. See how your deposit is protected

At a glance

Three things that make it different.

Guaranteed Buyback

Your exit is contractual, not a hope. At the end of the term Jet Corp buys the share back, priced off an independent appraisal rather than our own opinion of the number.

No monthly management fee

Jet Corp carries insurance, maintenance, crew and every other operating cost for the full term. You pay for the hours you fly, nothing else.

One share, more than one aircraft

You own an interest in one aircraft and fly the fleet at your category and below, at owner rates. US owners take a titled undivided interest registered with the FAA and Canadian owners join a partnership that holds the aircraft, so either way you own the asset rather than a prepaid balance.

How it works

Three steps, one term.

1

Buy the share

An ownership interest in the aircraft you choose, closed through a licensed escrow and title agent. US owners take title directly; Canadian owners join a partnership that holds the aircraft.

2

Fly at a fixed rate

Your annual hours through our preferred charter program at a fixed hourly rate. Jet Corp is your single booking contact and carries every operating cost.

3

We buy it back

At the end of your term, Jet Corp purchases your share under the contractual Guaranteed Buyback, priced off an independent appraisal of the aircraft.

The cost structure

What fractional ownership
actually costs.

Fractional programs are priced in layers, and the share price is only the first one. Before comparing any two programs on headline cost, it is worth knowing what the other layers are, because that is where the difference between programs usually sits.

What you payMost fractional programsJet Corp
Share priceAn up-front sum for your percentage of the aircraftThe same, from $495,000
Monthly management feeCharged every month for the length of the contract, whether you fly or notNone, at any point in the term
Occupied hourly rateCharged for the hours you flyThe same, set out in your agreement
Your exitOften depends on finding a buyer for the shareA contractual buyback, priced off an independent appraisal
Why there is no monthly fee

The aircraft works when you are not flying it.

A monthly management fee exists because an aircraft costs money to keep whether anyone is on board or not. Insurance, crew, training and maintenance run every month of the year. Most programs solve that by invoicing the owners.

We solve it differently. When you are not flying your aircraft, Jet Corp places it into our supplemental charter fleet, and that utilization is how the cost of keeping it is carried. The aircraft earns its own keep rather than sending you the bill for it.

In practice that means no maintenance invoice, no pilot salaries, no insurance or training bills, and no surprise when something needs attention. The cost of keeping the aircraft ready is ours to carry. You pay the share price, and you pay for the hours you actually use.

Worth saying plainly, because owners ask: this is not an income-producing arrangement and you receive no share of the charter revenue. The benefit to you is not a payment coming in. It is a whole category of cost you are never exposed to, in the months you fly and the months you do not.

The fleet

Fractional jet ownership cost, by aircraft.

Fractional jet ownership cost depends on the airframe you choose. Each aircraft in the program has its own share price, hourly rate and term. Pick the airframe that matches your mission, and the rest of the program works the same way.

Ultra-long-range

Bombardier Global Express

Share from$1,495,000
Occupied flight hour$11,789
Hours per year50
Term48 months
Monthly management feeNone
Super-midsize

Cessna Citation X

Share from$495,000
Occupied flight hour$7,500
Hours per year50
Term24 months
Monthly management feeNone

Your share is in one aircraft. Your access is wider than that.

Buying a share does not tie you to a single airframe. You can book any aircraft in the fleet in your own category or below, at the owner rate for whichever aircraft you fly. A Global Express share therefore opens the entire fleet, and a Citation X share covers the Citation X and the smaller aircraft beneath it. Flying above your own category is possible for a single trip where we have the aircraft, and it carries a premium on both the rate and the hours it draws from your allocation. Your representative will walk you through what that looks like before you book.

Two term lengths across the fleet

The Global Express runs on a 48 month term and the Citation X on a 24 month term. Every program carries 50 hours per year. If you expect to roll your position into another aircraft rather than exit the program, the shorter term is the natural starting point, and we will walk you through how a roll works when we speak.

What the rate difference looks like

Roughly 60 cents on the retail dollar.

~$20,000
Retail charter, per occupied hour, ultra-long-range
vs
$11,789
Your owner rate on the Global Express

Across a 50 hour year that is roughly $1,000,000 at retail rates against $589,450 at yours. Jet card rates on the same category tend to sit above retail once the card premium is counted. You are flying the same class of aircraft at close to 60% of what the retail market charges, which over a 48 month term is where the economics of a share begin to make sense against simply chartering.

Retail and card rates vary considerably by aircraft, route, operator, notice and season. The retail figure is indicative of the market rather than a quote, and is shown to illustrate the structure of the saving rather than to promise a specific number.

Aircraft photography elsewhere on this page is representative of the type. Share prices, hourly rates and terms are program terms and are set out in full in the definitive agreements.

Your exit

The Guaranteed Buyback.

Most fractional exits depend on finding a buyer. Yours does not. At the end of your term Jet Corp buys your share back under a contractual Guaranteed Buyback, priced off an independent appraisal of the aircraft. The buyback price is a percentage of appraised Fair Market Value, less closing costs, and it is set out in full in your purchase agreement.

Why we buy it back

Because the aircraft still has work to do.

It is a fair question to ask why a program would contract itself into buying your share back. For much of the industry a buyback is a concession, agreed to close the sale and quietly dreaded when it falls due. Ours reads differently, because we have somewhere for the aircraft to go.

When your term ends, the aircraft moves into our supplemental charter fleet and carries on working. That is planned from the day it joins the program rather than worked out when your term is up, and it is what makes the commitment a comfortable one for us to give you.

That alignment is worth more to you than any promise about maintenance standards. Every decision taken about your aircraft during your term, every inspection and every item we choose not to defer, is one we live with long after you have moved on. The people looking after it are the people who will still be flying it.

It is easy to maintain an aircraft to the standard of the day you hand it back. We are looking after one we intend to keep, and that intention sits in your agreement rather than in a brochure.

An early surrender option exists

If your circumstances change early in the term, a surrender option is available. The terms are straightforward and we will walk you through them directly rather than leaving you to read them off a web page.

Deposit protection

Start with nothing at risk.

You do not have to commit to find out whether this is right for you. Your deposit is fully refundable on two separate grounds, it never touches our account, and until an aircraft is identified you can walk away and get every dollar back.

10 days to change your mind

Sign, take the documents to your advisors, and think it over. If you decide within 10 days that the program is not for you, your deposit is returned in full, no reason required.

No aircraft within 90 days

Your deposit is held from signing, and if we have not identified an aircraft serial number within 90 days it is returned to you in full. We carry the risk of sourcing the airframe, not you.

Your money sits with a third party, and we cover the escrow fees. Deposits are held by a licensed escrow and title agent. If you take a refund or surrender your share, Jet Corp pays the escrow fees, so what comes back to you is not eaten into by the cost of holding it. Refunds are released within 10 business days.
How payment works

Three stages, held in escrow.

Deposit on signing

Your opening deposit is held in escrow. It stays fully refundable while you decide, so signing does not commit your capital.

Second payment once your aircraft is found

Due within 10 days after the aircraft serial number is identified.

Balance 30 days before delivery

The remainder is due 30 days prior to delivery and closes through a licensed escrow and title agent, with title registered in your name.

Who operates it

Two roles, clearly separated.

Operator of record

Paradigm Jet Management

Paradigm Jet Management holds the FAA Part 135 certificate and is the operator of record. Every trip is booked as a Part 135 flight, with the crew standards, maintenance program and safety oversight that come with the certificate.

Manager and booking

Jet Corp

Jet Corp manages the aircraft and is your single point of contact for scheduling. One number to call, one team that knows your aircraft and your preferences, and no routing your trip through a call centre.

How the structure works, and a note on tax

The aircraft operates exclusively in Part 135 revenue service. That includes your own trips: you fly it through our preferred charter program at a fixed hourly rate, and those flights are conducted under the operator's certificate like any other Part 135 flight. The aircraft stays in commercial service rather than sitting as private personal-use equipment.

Because you hold an ownership interest in an aircraft that is in revenue service, owners often ask their advisors about the depreciation position that follows. It is a fair question, and it is one for your own advisors rather than for us.

Availability of 100% bonus depreciation depends on the owner meeting the greater-than-50% qualified business use test and other requirements. Jet Management Corp makes no representation regarding tax treatment. Owners should consult independent tax counsel.

FAQ

Questions owners ask.

Why is there no monthly management fee?
Because the aircraft covers that cost itself. When you are not flying, Jet Corp places your aircraft into our supplemental charter fleet, and that utilization carries the insurance, crew, training and maintenance that would otherwise be invoiced to you every month. That means no maintenance invoice, no pilot salaries, no insurance or training bills, and no surprises. You pay for the hours you actually use. To be straightforward about it, this is not an income-producing arrangement and you receive no share of the charter revenue: the benefit is a cost you never carry rather than a payment you receive.
Is a jet card cheaper than a fractional share?
A jet card costs less up front because you are not buying anything. You are pre-paying for hours at a published rate, and when the balance is spent you have the trips you took and nothing else. A fractional share costs more at the start because you are acquiring an interest in an aircraft, and at the end of the term Jet Corp buys that interest back under contract. Which one is cheaper depends entirely on whether you count what you are left holding.
How much does fractional jet ownership cost?
It depends on the airframe. In the Jet Corp program a Cessna Citation X share starts at $495,000 with a $7,500 occupied flight hour on a 24 month term, and a Bombardier Global Express share starts at $1,495,000 with an $11,789 occupied flight hour on a 48 month term. Both carry 50 hours a year and neither carries a monthly management fee. Beyond the share price and the hours you fly, the costs you should expect are de-icing, catering, special event fees and applicable taxes.
Is fractional jet ownership worth it?
It tends to make sense if you already fly somewhere around 50 hours a year, you want an asset rather than a prepaid balance, and you would rather not run a flight department. If you fly occasionally, on-demand charter is usually the cheaper answer, and we will tell you so. If you fly far more than 50 hours a year, whole aircraft ownership may suit you better, and we can talk to you about that instead.
What are the downsides of fractional ownership?
There are three worth knowing before you go further. Your capital is committed for the length of the term, so this is not money you can call back on short notice. Your allocation is 50 hours a year, so heavy flyers will find it tight. And the buyback is priced off an independent appraisal of the aircraft at the time, which means what comes back to you depends on what the aircraft is worth then, not on what you paid. An early surrender option exists if your circumstances change, and we will walk you through what it returns.
How is this different from a jet card?
A jet card is a prepaid balance of hours. You hand over money, you draw it down, and when it runs out you have nothing but the trips you took. A fractional share is an ownership interest in a specific aircraft, and at the end of the term Jet Corp buys that share back under a contractual Guaranteed Buyback. The hours work in a similar way. What you are left holding at the end does not.
What are the tax benefits of fractional jet ownership?
The aircraft operates in Part 135 revenue service, and you hold an ownership interest in it rather than a prepaid balance, so owners commonly raise the depreciation question with their accountants. What is actually available to you depends on your jurisdiction, your structure and your own circumstances, and it is a question for your tax advisor rather than for us. We are happy to give your advisors whatever documentation they need.
How many hours do I get?
Access to 50 hours per Program year at highly discounted rates, usable on any aircraft in the program in your category or below, and available to you and your guests throughout the year.
Can I fly the other aircraft in the fleet?
Yes, within your category. You can book any aircraft in the Jet Corp fleet that is in the same category as your own aircraft or below it, at the owner rate for the aircraft you actually fly. A Global Express share opens the whole fleet. A Citation X share covers the Citation X and the smaller aircraft beneath it, but not the Global Express. If you occasionally need something larger, tell us. We can often arrange it for a single trip, and because it sits above your category it carries a premium on both the rate and the hours drawn from your allocation. Your representative will go through the numbers with you rather than leave you to work them out here.
What is included in the hourly rate?
The rate covers the operating costs of the flight, and there is no monthly management fee at any point during the term. Full scheduling and rate details are covered when you speak with our team.
What is not included?
De-icing, catering, special event fees and applicable taxes are billed separately from the hourly rate. These are passed through as incurred and itemized on your invoice.
How are my trips operated?
Every trip is booked and flown as a Part 135 flight under Paradigm Jet Management, the operator of record, including your own use of the aircraft. That means certificated crew, an approved maintenance program, and the operator maintaining operational control of the flight.
How do I use an aircraft I own a share of?
Through our preferred charter program at a fixed hourly rate. You hold an ownership interest in the aircraft, and you fly it under that program as a Part 135 flight, which keeps the aircraft in commercial revenue service rather than private personal-use operation. It is one call to Jet Corp either way.
Can I bring guests or pets?
Yes. Guests fly on your allocation, and pets are welcome with advance notice so the crew can prepare the cabin appropriately. Tell us when you book and we will handle the arrangements.
What happens if the aircraft is unavailable?
If your aircraft is down for maintenance or otherwise unavailable, Jet Corp arranges comparable lift from our network so your trip goes ahead. Your booking contact stays the same.
Why does Jet Corp buy the share back?
Because the aircraft still has work to do. When your term ends it moves into our supplemental charter fleet and carries on flying, so the buyback is a planned continuation rather than a concession we make to close the sale. That matters to you for a practical reason: we are the ones looking after the aircraft long after your term, so keeping it in excellent condition throughout is in our own interest as much as yours.
What if I want out before the term ends?
A surrender option is available. We will walk you through how it works and what it returns when we speak, rather than leaving you to interpret it from a web page.
I am in Canada. How does ownership work?
Canadian owners join a partnership that holds the aircraft, rather than taking a direct registered interest the way US owners do. The program itself is unchanged: the same share, the same hours, the same fixed hourly rate and the same buyback. Only the ownership vehicle differs. We will walk you and your advisors through the structure before anything is signed.
Can I move into a different aircraft later?
Yes. The Citation X runs on a 24 month term, which suits owners who expect to roll their position into another aircraft rather than exit the program. If you think you may want to step up or step across, tell us early and we will structure it around that.
Next step

Request the offering package.

Tell us a little about how you fly and we will send the full program documentation, including the purchase agreement and utilization agreement, and arrange a call.

Program materials are provided to qualified parties only. Your details are kept strictly confidential.

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Business jet on the ramp at sunset, Jet Corp fractional ownership
Jet Corp fractional ownership

A share of the aircraft.
Access across the fleet.

A fixed hourly rate, no monthly management fee, and a contractual buyback at the end of your term.