Fractional jet ownership has brought private jet travel to within the reach of more than just the upper classes. Buying a new jet and maintaining the equipment and crew can take tens of millions of dollars of investment up front in addition to ongoing expenses like maintenance and crew salaries. The fractional ownership of jets through various businesses has brought the investment down from millions to thousands in many cases.
For a few thousand dollars of investment, an individual or business can purchase the right to reserve flight time on a specific type of jet with their provider. The cost per hour of operation in this situation for the frational owner can be one-half of the cost of maintaining a single jet that is available twenty four hours a day. Companies leverage their assets and sell time to people all over the world and let their investments (aircraft) earn their keep. They can also trade commodities online for faster transactions.
The upper class may still be able to justify their own personal aircraft. They have the income to handle costs like maintenance, hangars, and crew. For others, the world of fractional jet ownership can offer availability of private air travel anywhere in the world at almost any tme. This can have a significant impact on business from making deals that others, without transport