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On Tue, 11 Sep 2007 10:56:01 -0500, "Gig 601XL Builder"
wrDOTgiaconaATsuddenlink.net wrote in : Larry Dighera wrote: On Tue, 11 Sep 2007 08:22:51 -0500, "Gig 601XL Builder" wrDOTgiaconaATsuddenlink.net wrote in : You say that like Fractional ownership is a new thing. It has been around for years. We just called it partnerships and flying clubs in the past. You are obviously unaware of the recent regulation changes concerning fractional ownership. You can start your research he I'm well aware of it. Well then you've probably noticed that, unlike in the past decades, in the last few years there are many commercial enterprises and aircraft manufacturers offering fractional GA aircraft ownership and management programs: http://en.wikipedia.org/wiki/Fractional_ownership Aviation The term fractional ownership originally became popular for business jets. Richard Santulli of NetJets pioneered the concept of allowing businesses to purchase shares in a jet to reduce costs — other companies such as Citation Shares, Flight Options and Flexjet soon followed. With a fractional jet plan, members will typically fly in any jet available, not necessarily the one in which they own shares. The management company will reposition jets as necessary and provide flight crews. Companies with greater needs purchase larger shares to get access to more time. The fractional-ownership concept has since been extended to smaller aircraft and has now become common for single-engine piston aircraft like the Cirrus SR22, which are beyond the financial means of many private pilots. The same concepts apply, except that the management company may not provide flight crews nor reposition the aircraft. Fractional ownership has played a significant role in revitalizing the general aviation manufacturing industry since the late 1990s, and most manufacturers actively support fractional ownership programs. http://www.netjets.com/ http://www.aircraftinvestmentgroup.com/article_01.htm http://www.tsbureau.com/fractionalaircraftownership.htm That doesn't really change the fact that fractional ownership is an evolution of partnerships and clubs as opposed to a revolutionary change in ownership. In fact what you posted pretty much explained how one came from the other. The reasons regulations had to be propagated was because you basically had one partnership leasing planes to members of other partnerships. This basically made fractional ownership a sort of hybrid of clubs and partnerships. |
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Larry Dighera wrote:
On Tue, 11 Sep 2007 10:56:01 -0500, "Gig 601XL Builder" wrDOTgiaconaATsuddenlink.net wrote in : Larry Dighera wrote: On Tue, 11 Sep 2007 08:22:51 -0500, "Gig 601XL Builder" wrDOTgiaconaATsuddenlink.net wrote in : You say that like Fractional ownership is a new thing. It has been around for years. We just called it partnerships and flying clubs in the past. You are obviously unaware of the recent regulation changes concerning fractional ownership. You can start your research he I'm well aware of it. Well then you've probably noticed that, unlike in the past decades, in the last few years there are many commercial enterprises and aircraft manufacturers offering fractional GA aircraft ownership and management programs: Are you being dense Larry or just your standard asshole self? YOu can quote all the Wki sites you like. That doesn't change the fact that fractional ownership is just an evolution of partnerships and flying clubs. |
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On Tue, 11 Sep 2007 13:08:31 -0500, "Gig 601XL Builder"
wrDOTgiaconaATsuddenlink.net wrote in : Are you being dense Larry or just your standard asshole self? Neither. And I don't resort to profanity when I'm at a loss for cognitive argument either. Indulging in that sort of uncivil behavior only servers to reveal your inability to express yourself effectively, and it reflects on you about as well as it did on Cheney: http://www.washingtonpost.com/wp-dyn...2004Jun24.html Cheney Dismisses Critic With Obscenity Clash With Leahy About Halliburton "**** yourself," said the man who is a heartbeat from the presidency. YOu can quote all the Wki sites you like. That doesn't change the fact that fractional ownership is just an evolution of partnerships and flying clubs. So if Ford's Model T evolved into a high-performance sports car, would you characterize them both the same? It is your failure to acknowledge the RECENT surge in businesses offering fractional aircraft ownership and the RECENT changes in FAA fractional ownership regulations that prompts me to keep providing evidence of it for you. So while fractional ownership may not be new, it is newly emphasized. Why do you suppose that is? |
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Larry Dighera wrote:
On Tue, 11 Sep 2007 13:08:31 -0500, "Gig 601XL Builder" wrDOTgiaconaATsuddenlink.net wrote in : YOu can quote all the Wki sites you like. That doesn't change the fact that fractional ownership is just an evolution of partnerships and flying clubs. So if Ford's Model T evolved into a high-performance sports car, would you characterize them both the same? It is your failure to acknowledge the RECENT surge in businesses offering fractional aircraft ownership and the RECENT changes in FAA fractional ownership regulations that prompts me to keep providing evidence of it for you. So while fractional ownership may not be new, it is newly emphasized. Why do you suppose that is? Larry I never once said or even implied that fractional ownership wasn't subject to a recent surge. You jusr keep acting like partial ownership among many is a new thing and it isn't. The way it is marketed and managed has changed. |
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