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.