Fractional Offers Multiple Aircraft Access

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AirShares Elite, a fractional ownership company that maintains a fleet of Cirrus SR22 aircraft in 19 U.S. cities, is offering a new wrinkle in the frax market for its big customers. Owners can now book multiple aircraft simultaneously in different cities. "This can be particularly advantageous for national businesses, as a customer with offices in New York, Los Angeles, and Atlanta could fly an airplane in all three locations at the same time, yet they only have to pay for a fraction of a single plane," AirShares founder David Lee said in a news release.

The Multiple Aircraft in Simultaneous Service (MASS) option is available to all AirShares customers and Lee says he believes his company is the first to offer that sort of access to fractional customers. He said it gives customers access to a fleet of aircraft in multiple locations with cost benefits of fractional ownership.