A recent study found that travelling through airport terminals and flying on commercial airlines creates around 270 possible interpersonal interactions, where one could be exposed to Coronavirus, versus less than 10 on a private jet flight.

It's the modern way to buy and own a second home
Holiday home co-ownership, simplified!

Jet Share Network's purpose is to enable overseas yacht and private home owners to travel as safely as possible.

It is recognised that a private yacht or private holiday villa offers the same social isolation benefits as found in a primary home, so long as the journey in between the two is equally as private.

Jet Share Network's offering is unique by eliminating the empty-leg aspect of private charter flights.

By fully utilising the jet in both directions with scheduled round trip itineraries, a hybrid private/commercial jet offering is created. Boasting the financial benefits of commercial flying coupled with the enhanced benefits of private jet flying. The private jet also cuts the likely door to door time in half.

Jet Share Network's experience is unrivalled as it has over 20 years of know-how in co-ownership and air travel.

Our sister company, Yacht Share Network is the global leader in co-ownership yachting and its founders had in the past created the UK's largest privately-owned travel group specialising in charter flights to holiday destinations. The CEO of Jet Share Network is the Senior Training Captain for a well-known UK based long haul airline and is a CAA rated pilot examiner with over 30 years of experience operating a wide range of aircraft from executive jets through to large long-haul airliners.

Financial

The cost per share is €66,000.

Reserve your share now! Only a few shares remaining.
Holiday home co-ownership, simplified!

Jet Share Network have been diligent in sourcing the right jet for the job, considering acquisition cost, running cost and a minimum 8-seater capacity as the primary facets - coupled with flying comfort, instant spare part or alternatve aircraft availability as additional facets.

Jet Share Network divide the jet's maintenance cost by the 10 shares on a pro-rata basis, with each co-owner paying their share of the jet’s running cost by quarterly standing order at €4500.

Each share is entitled to 30 hours flying time, which equates to about 6 return flights between Northern Europe & Mallorca/Ibiza plus a couple of weekend or business trips away elsewhere in Europe.

Jet Share Network will be happy to act for co-owners for the re-sale of their share should they wish to exit from the co-ownership programme at any stage. There is no minimum term, but it is anticipated that the jet will be sold after 3 years of successful operation.

Annual Costs

Fixed Costs
Annual Maintenance
€100,000
Insurance
€5,000
Hangar
€25,000
CAMO
€5,000
Pilot
€40,000
Training
€5,000
TOTAL
€180,000
Direct Operating Costs per Hour
Fuel/Oil
€1,000
Eurocontrol
€200
Total Per Hour
€1,200
Variable Costs
Airport Landing
€300
Handling
€150
Total Per Hour
€450
Total Direct and Variable per Hour
€1,650
Fixed maintenance costs (engine) per hour
€250
Total typical flight for two hours
Circa €2900 which equates to under €500 per seat plus Landing and Handling

Our Offices

United Kingdom
Jet Share Network
London Biggin Hill Airport
Main Rd
Biggin Hill
Leaves Green
Bromley TN16 3BH

+44 7702257796
Mallorca/Ibiza
Jet Share Network
47 Puerto Portals
Calvia 07181
Balearics
Spain


+34 620 812935

Operational

Jet Share Network will engage professional jet maintenance and operational management experts to ensure that the highest safety standards are adhered to at all times.

England

Biggin Hill, Kent

Blackpool

Bournemouth

Bristol

Cambridge

Carlisle

Coventry

Cranfield, Beds

Doncaster

Durham, Tees Valley

East Midlands

Exeter

Farnborough, Hants

Gloucestershire

Humberside

IoM

Leeds/Bradford

Liverpool

London City

Lydd, Kent

Manchester

Newcastle

Newquay, Cornwall

Northolt

Norwich

Oxford

Southampton

Southend

Warton

Scotland

Aberdeen

Benbecula

Campbelltown

Dundee

Edinburgh

Glasgow

Inverness

Kirkwall

Prestwick

Stornoway

Sumburgh, Orkney

Wick

Wales

Cardiff

Hawarden

Northern Ireland

Aldergrove

Belfast City

Londonderry/ Eglinton

Jet Share Network will arrange meet and greet destination transfers, performed by its own hygienically prepared minibus, from jet to yacht/villa and back for the return flight.

Jet Share Network will medically test all crew and transfer staff to minimise co-owner exposure while travelling.

Jet Share Network will create a UK holding company exclusively for each jet with each co-owner having pro-rata voting rights and limited liability status. The jet is fully tax paid to mitigate any future revenue avoidance issues.

Jet Share Network will enrol each jet in The Fractional Association as a Platinum Member and operate the jet’s co-ownership programme in line with the Fractional Association’s code of conduct.

The Jet

Year: 1976
Manufacturer: CESSNA
Model: CITATION ISP
Serial Number: 501-0020
Registration #: N100GG
Condition: Used
Description
Cessna 501 Stallion FJ44
*Delivered with Fresh 1-5*
Nicely equipped, high mod status Sierra Industries Citation 501 Stallion.
Garmin 950 Panel
WAAS LPV
Williams FJ44 Conversion (TAP Blue)
1600nm range / FL410 / 385TAS
Total Time: 9,418
Airframe Notes: 9418 TTSN    8667 CSN
Engine 1 Make/Model: WILLIAMS FJ44-2
Engine 1 Time: 1,702 SNEW
Engine 1 TBO: 5000
Engine 2 Make/Model: WILLIAMS FJ44-2
Engine 2 Time: 1,702 SNEW
Engine 2 TBO: 5000
Engine Maintenance Program: TAP Blue
Engine Notes
1702 TTSN L&R
1124 CSN L&R
Williams TAP Blue ($180 Per Hour Per Engine)
Garmin 950 Suite WAAS LPV
GTX 335 & 345 Transponders Extended Squitter
TCAS-1
TAWS-B
SPZ-500 AP
Williams FJ44-2 Engine Conversion
Meggitt Digital Engine Displays
Garmin G950 Panel, 3 Large Displays
Synthetic Vision
XM Weather
ADS-B Compliant
WAAS/LPV
RVSM Certified
Airtex 406 ELT
Freon Air Conditioning
Precise Flight Pulse Lights System
Wingtip Recog Lights
LoPresti Boom Beam LND Lights
Lead Acid Battery
Sierra Industries Quick Release Radome
Rosen Sun Visor System
Gross Landing Weight Increase Modification
Completed in 2004
All over white with black and dark
Blue trim
Completed in 2004
6-Place Passenger Seating
Sierra Industries 3 Place Divan Modification
Side Facing Belted Flushing Toilet
Taupe with light brown carpet
The contents of this website do not constitute legal advice or any investment recommendation. Jet Share Network or its employees or associates do not warrant or assume any liability or responsibility for the professional competency of any air charter operator or air charter broker that may be introduced though its operation, and disclaims all express or implied representations or warranties regarding the information contained on this website. To the maximum extent permitted by applicable UK and/or International law, in no event shall Jet Share Network be liable for any direct, indirect, special, punitive, incidental, exemplary, or consequential damages arising out of, or in any way connected with the accuracy, completeness or usefulness of any information presented.