
Ownership Cost
Fractional Jet Ownership Companies Compared
The main fractional jet ownership companies, how their shares, monthly fees and hourly rates work, what each one publishes about its jet cards, and how to compare them.

Fractional ownership lets you buy a share of an aircraft that matches how much you fly. A 1/16 share usually carries about 50 occupied hours a year; the company manages the aircraft as part of a fleet, so you fly an aircraft of that type with its crews, not necessarily your own tail. It costs much less than owning a whole jet, and much more commitment than a jet card.
This guide covers the main fractional companies, how their costs work, what each one publishes about its programs, and how to compare them fairly. CRAFT does not sell fractional shares; where we fit is at the end.
How fractional jet ownership works
When you buy into a fractional program, you buy part of a specific aircraft and a contract to have it managed. The company handles scheduling, maintenance, crews and insurance. You book with a set amount of notice, and an aircraft of your share's type is dispatched. Most programs guarantee availability outside a list of restricted or peak days, and many let you fly a different size of aircraft at an adjusted rate.
Your share sets your annual hours: about 50 for a 1/16, about 100 for a 1/8. Fractional ownership tends to suit people who fly a steady 50 hours or more a year. For a fuller walk-through, see how fractional ownership works and jet card vs fractional ownership.
Private aviation models compared
| Feature | Whole ownership | Fractional ownership | Jet card | Charter |
|---|---|---|---|---|
| Upfront cost | About $3M to $75M or more | About $0.4M to $2M | About $0.1M to $0.5M, prepaid | Pay per trip |
| Equity in an aircraft | Yes, 100% | Yes, a share | No | No |
| Guaranteed availability | Your own aircraft | A fleet, outside restricted days | Depends on the card | No |
| Who manages the aircraft | You, or a management company | The fractional company | Not applicable | Not applicable |
| Annual hours where it tends to fit | 200 or more | About 50 to 400 | About 25 to 100 | Any |
| Depreciation for business use | Yes | Yes | No | No |
Upfront costs are approximate, as publicly reported in early 2026, and vary widely by aircraft. Confirm current terms with each provider. For what a whole aircraft costs to own and run, see private jet ownership cost.
The fractional companies at a glance
| Company | What it sells | Share price (1/16) | Monthly fee | Occupied hourly | Aircraft |
|---|---|---|---|---|---|
| NetJets | Fractional shares, leases and a jet card | About $0.5M to $0.9M | About $10K to $30K | About $8K to $9K, light jet | Light to long-range |
| Flexjet | Fractional shares, leases and a jet card | About $0.5M to $1M | About $7K to $13K | About $2.5K to $9K | Phenom 300 to Gulfstream G700 |
| PlaneSense | Fractional shares and a jet card | About $0.4M (PC-12), about $0.85M (PC-24) | About $6K to $9K | About $5K | Pilatus PC-12 and PC-24 |
| Airshare | Fractional shares billed by the day, and a day-based card | On request | On request | Billed by the day | Phenom 300 and Challenger 350 |
| Jet Linx | Joint ownership of a specific aircraft, and a jet card | Varies | About $7K to $12K | Varies | Aircraft at local bases |
| Wheels Up | Memberships with a prepaid deposit, not shares | Not applicable | Monthly fee | Published by aircraft | Phenom 300 and Challenger 300 series |
Share prices, monthly fees and hourly rates in this table are approximate, as publicly reported in early 2026, and are not checked against each company's current contracts. Confirm current terms with the provider. Wheels Up's published rates are in its section below.
Provider features
| Feature | NetJets | Flexjet | PlaneSense | Airshare | Jet Linx | Wheels Up |
|---|---|---|---|---|---|---|
| Ownership model | Fractional | Fractional | Fractional | Fractional, day-based | Joint ownership | Membership |
| Dedicated crew option | No | Yes (Red Label) | No | No | Yes | No |
| Unused hours | Per contract | Per contract | Per contract | Per contract | Chartered out to offset costs | Not applicable |
| Depreciation for business use | Yes | Yes | Yes | Yes | Yes | No |
Ask each company to show the terms for your contract in writing; programs change their rules, and the details above are a guide, not a contract.
The fractional companies
NetJets: the largest fleet
NetJets describes itself as the world's largest private jet company and has been owned by Berkshire Hathaway since 1998. It sells fractional shares and leases across light, midsize, super-midsize and large-cabin aircraft, with global scheduling and a long list of service options. Its fleet depth is the main reason buyers choose it.
As publicly reported in early 2026, a 1/16 light jet share cost about $0.5 million to $0.9 million, with monthly management fees of about $10,000 to $30,000 and occupied hourly rates of about $8,000 to $9,000 on light jets, before the 7.5% federal excise tax. These are approximate; confirm current terms with NetJets. NetJets also sells a jet card, and what it publishes about the card is below.
| Program | NetJets Card (fractional operator) |
|---|---|
| Cabins | 5 jet types, light to long-range |
| Entry price, as published | $215,000 (275 days of access) |
| Minimum | 25 hours, prepaid 25 at a time; 24 months to use them |
| Callout | As little as 48 hours |
| Peak days | Up to 320 days of access a year (entry price is for 275 days) |
| How you pay | Prepaid hours; unused hours end at the contract end date |
For more, see NetJets fractional ownership, NetJets alternatives and NetJets vs Flexjet.
Flexjet: dedicated crews
Flexjet is the other large U.S. fractional program, with a fleet that runs from the Phenom 300 to Gulfstream ultra-long-range jets. Its Red Label program assigns dedicated crews to specific aircraft, which owners who value familiar faces rate highly.
As publicly reported in early 2026, a 1/16 share cost about $0.5 million to $1 million, monthly fees about $7,000 to $13,000, and occupied hourly rates about $2,500 to $9,000 depending on the aircraft. These are approximate; confirm current terms with Flexjet. Earlier reports also describe an option for owners to sell part of their unused hours within the program; ask Flexjet whether it applies to your contract.
| Program | Flexjet 25 (fractional operator) |
|---|---|
| Cabins | Light (Phenom 300) to ultra-long-range (G700) |
| Entry price, as published | Quote only |
| Minimum | 25 hours; offered once per client as a trial of Flexjet |
| Callout | As little as 5 days |
| Peak days | Not published |
| How you pay | Debit-style prepaid card: hours × primary-aircraft rate + 7.5% FET, with an hourly fuel adjustment |
See Flexjet alternatives and Flexjet vs CRAFT.
PlaneSense: Pilatus aircraft and short runways
PlaneSense centres its program on the Pilatus PC-12 turboprop and PC-24 jet, both suited to shorter runways and smaller airports. As publicly reported in early 2026, shares cost about $0.4 million (PC-12) and about $0.85 million (PC-24), with monthly fees of about $6,000 and about $9,000 and occupied hourly rates of about $5,000. These are approximate; confirm current terms with PlaneSense.
PlaneSense also sells CobaltPass, a jet card of 25 hours over a 24-month term. As of October 2, 2026, its website says the price includes hourly fees, fuel, landing and FBO fees, that the PC-12 card is sold out and the PC-24 card is available, and that pricing is on request. See PlaneSense CobaltPass on our provider index.
Airshare: billed by the day
Airshare bills fractional ownership by the day rather than the hour, which can suit executives who visit several cities in one day. Its fleet includes Phenom 300s and Challenger 350s, with most flying in the central U.S. Its day-based card, EMBARK, is 10 travel days over 24 months with a program fee up front, as published on its website as of October 2, 2026. See Airshare EMBARK on our provider index.
Jet Linx: joint ownership of a specific aircraft
Jet Linx offers joint ownership: a share of a specific aircraft, typically with one other owner, managed from a local base. It can charter the aircraft when the owners aren't using it to offset costs. As publicly reported in early 2026, monthly fees ran about $7,000 to $12,000; confirm current terms with Jet Linx. Its jet card, as published on its website as of October 2, 2026, has fixed pricing, no peak-day surcharges, a 12-month rate lock and no repositioning fees, with the purchase size not posted. See Jet Linx on our provider index.
Wheels Up: a membership, not a share
Wheels Up is not a fractional program: you buy a membership and fund a deposit, then pay for each flight. It introduced Signature Membership in September 2025, with a choice of fixed or dynamic pricing on its Phenom 300 and Challenger 300 series aircraft.
| Program | Signature Membership (operator + marketplace) |
|---|---|
| Cabins | Phenom 300 and Challenger 300 series; global charter through Air Partner |
| Entry price, as published | $200,000 minimum deposit + monthly fee |
| Minimum | $200,000 minimum prepaid deposit, plus a monthly fee |
| Callout | Not published |
| Peak days | Dynamic plan prices by season, day and destination; a fixed-rate plan is also offered |
| How you pay | $200,000 minimum prepaid deposit |
As published on Wheels Up's rate chart, checked September 29, 2026, fixed-plan rates at the minimum $200,000 fund are $9,295 an hour for the Phenom 300 and $13,495 for the Challenger 300, with lower rates on bigger funds. The chart doesn't say whether tax or fuel is included. See Wheels Up alternatives and Wheels Up vs CRAFT.
Understanding fractional ownership costs
| Cost | What it covers | Typical range |
|---|---|---|
| Share price | A one-time purchase of part of an aircraft | About $0.4M to $2M |
| Monthly fee | Crews, hangar, insurance and maintenance planning | About $6K to $30K a month |
| Occupied hourly rate | Each hour you fly | About $2K to $9K or more |
| Fuel and tax | A fuel charge and the 7.5% federal excise tax, on most programs | Varies |
| Depreciation | The share is usually bought back below its purchase price | Varies by aircraft and market |
Ranges are approximate, as publicly reported in early 2026. Confirm current terms with each provider.
Annual cost by hours flown
| Hours a year | Light jet | Midsize jet | Large cabin |
|---|---|---|---|
| 50 hours | About $0.2M to $0.35M | About $0.3M to $0.5M | About $0.5M to $0.65M |
| 100 hours | About $0.3M to $0.5M | About $0.5M to $0.7M | About $0.7M to $1M |
| 200 hours | About $0.55M to $0.85M | About $0.8M to $1.2M | About $1.2M to $1.7M |
These are approximate estimates, as publicly reported in early 2026: the share price spread over five years, monthly fees and hourly rates, before depreciation. Actual costs vary by program and aircraft; confirm current terms with the provider and ask a tax advisor familiar with aviation about depreciation. For more, see fractional jet ownership costs.
Aircraft classes
| Class | Passengers | Range | Occupied hourly (fractional) | Best for |
|---|---|---|---|---|
| Light jets | 2 to 6 | About 1,500 mi | About $1.8K to $2.5K | Regional trips of 1 to 2 hours |
| Midsize jets | 6 to 8 | About 2,000 to 3,000 mi | About $3K to $4.5K | Cross-country trips of 2 to 4 hours |
| Super-midsize (e.g. Challenger 300/350) | 8 to 10 | About 3,000 to 3,500 mi | Varies by program; ask the provider | Coast to coast, stand-up cabin |
| Large cabin | 10 to 16 | About 3,500 to 7,500 mi | About $5.5K to $9K or more | International trips and larger groups |
Hourly figures are approximate occupied rates on fractional programs, as publicly reported in early 2026, and leave out the share and monthly fee. Confirm current terms with the provider. For what a flight costs by cabin and flight time on charter, see private jet cost by the hour; to check range on a route, try the range map.
Matching a provider to how you fly
| How you fly | Worth a look | Why |
|---|---|---|
| Frequent global travel | NetJets, Flexjet | Fleet depth and international coverage |
| Want the same crews | Flexjet, Jet Linx | Dedicated crew programs |
| Rural airports or short runways | PlaneSense | Pilatus aircraft built for short fields |
| Near-whole ownership | Jet Linx | Joint ownership of one aircraft |
| Several cities in one day | Airshare | Billing by the day |
| 25 to 100 hours, no share | A jet card | No share or monthly fee; see the best jet cards compared |
Exit terms
| Provider | How you exit | Typical term |
|---|---|---|
| NetJets | Share sold back at a formula or market price | About 3 to 5 years |
| Flexjet | Share sold back or remarketed | About 3 to 5 years |
| PlaneSense | Resale or buyback | About 3 to 5 years |
| Jet Linx | Sell your interest | Varies |
| Wheels Up | End the membership | Per membership terms |
Terms are approximate, as publicly reported in early 2026; confirm current terms with each provider before you sign.
Quick guide by hours flown
Under 25 hours a year: charter or a jet card usually makes more sense; a share's fixed costs are spread over too few hours.
About 25 to 100 hours: compare a jet card with a 1/16 share in a light or midsize jet. Jet card vs fractional ownership shows how to add up both fairly.
About 100 to 200 hours: a 1/8 to 1/4 share, where fleet depth and guaranteed availability matter most.
200 hours or more: compare a larger share with whole aircraft ownership.
Where CRAFT fits
CRAFT is a Part 135 operator of five Challenger 300 and 350 aircraft, ARGUS Platinum Rated and listed on the Wyvern registry. We do not sell fractional shares. We sell the Fleet Jet Card, which buys hours at published rates on a Challenger flown by CRAFT crews, and we charter the same fleet trip by trip. Here is the card next to other super-midsize cards, on the same basis:
Jet cards in the super-midsize class, per hour on one basis
Sentient Jet SJ25+ Super-Mid
- As published
- $11,529/hr
- Base; fuel surcharge and FET added
- With fuel and FET
- $12,716–$13,254/hrEst.
- Fuel EST. $300–$800/hr; FET added at 7.5%, as the program states
CRAFT Fleet Jet Card(ours)
- As published
- $12,950/hr
- Fuel and FET included
- With fuel and FET
- $12,950/hr
- Published price; fuel and FET included
Wheels Up Signature Challenger 300
- As published
- $13,495/hr
- Fixed plan; tax and fuel not stated
- With fuel and FET
- $14,507/hrEst.
- Fuel not stated; none added; FET added at 7.5%; program doesn't state tax
| Card | As published | Per hour with fuel and FET |
|---|---|---|
| Sentient Jet SJ25+ Super-Mid | $11,529/hrBase; fuel surcharge and FET added | $12,716–$13,254/hrEst.Fuel EST. $300–$800/hr; FET added at 7.5%, as the program states |
| CRAFT Fleet Jet Card(ours) | $12,950/hrFuel and FET included | $12,950/hrPublished price; fuel and FET included |
| Wheels Up Signature Challenger 300 | $13,495/hrFixed plan; tax and fuel not stated | $14,507/hrEst.Fuel not stated; none added; FET added at 7.5%; program doesn't state tax |
If you own, or plan to buy, a jet, Leaseback puts it on our certificate while we carry crew, maintenance and compliance. CRAFT is also the exclusive operator for the Glidepath Exchange Fund, whose members fly the CRAFT Challenger fleet. Investors contribute a concentrated stock position to the fund and diversify it without triggering a taxable event. Glidepath is offered by a separate company; CRAFT operates the flights. Read about Glidepath.
To compare jet cards from every company that publishes its rates, see the jet card providers we track, and use the charter cost calculator to price a trip.
Frequently asked questions
What are the largest fractional jet ownership companies?
NetJets and Flexjet are the two largest fractional programs in the United States. PlaneSense (Pilatus PC-12 and PC-24), Airshare (Phenom 300 and Challenger 350) and Jet Linx (joint ownership of a specific aircraft) are smaller programs with different models. Wheels Up sells memberships rather than shares.
How much does a fractional jet share cost?
There are three layers: the share price, a monthly management fee and an occupied hourly rate. As publicly reported in early 2026, a 1/16 share of a light jet cost about $0.4 million to $0.9 million depending on the program and aircraft, with monthly fees of about $6,000 to $30,000. These figures are approximate; confirm current terms with each company.
How many hours do you get with a 1/16 share?
A 1/16 share usually carries about 50 occupied hours a year, and a 1/8 share about 100. Some programs bill by the day instead of the hour, so ask how your allocation is counted.
Do fractional jet shares lose value?
Usually, yes. At the end of the contract the company typically buys the share back at the aircraft's market value at that time, which is normally below what you paid because aircraft depreciate. Ask for the buyback formula in writing before you sign.
Which costs less, a jet card or a fractional share?
It depends on how much you fly. A jet card has no share purchase and usually no monthly fee, so it suits about 25 to 100 hours a year or uncertain hours. A share spreads its fixed costs over more hours, so it suits a steady 50 hours or more. Compare both on the total you pay over the same period, divided by the hours you fly.
Does CRAFT sell fractional shares?
No. CRAFT operates five Challenger 300 and 350 aircraft under its own Part 135 certificate and sells the Fleet Jet Card and charter on that fleet. Owners can place their own aircraft on CRAFT's certificate through Leaseback, and CRAFT is the exclusive operator for the Glidepath Exchange Fund, which is offered by a separate company.
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