Comparison study of buying an airplane, fractional share, jet cardrivate jet charter
UNDERSTANDING THE OPTIONS
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27. Page 4-5

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4. Key Attributes 

 

 

 

Private Jet Travel: Understanding the Options  

October 2003 

 

4-5

Ownership. Whole aircraft ownership affords the highest level of consistency.  
From accoutrements to pilots, you can achieve consistency all the way, and it is 
within your own control. You establish your own policies and standards and, 
unless your internal or external flight department fails to deliver, that is what you 
get.   
 
Fractional and Block-Frax. Fractional Ownership programs, with their fleets of 
practically identically configured aircraft, offer a consistency level close to full 
aircraft ownership.  Most programs, however, reserve the right to charter non-
program aircraft to transport customers in times of high demand (especially peak 
travel days).  This practice, when used, can dilute the consistency of Fractional 
programs.  Some Fractional programs contractually limit their own ability to use 
non-program aircraft to minimize such dilution. In large Fractional networks, you 
might not get the same flight crew very often, but they will be trained and 
qualified to a consistent standard of performance and customer service.  Based 
on the extensive in-house capabilities of Fractional managers, these programs 
also offer a very high degree of operational consistency in areas such as pilot 
selection and crew training, maintenance, flight planning, dispatch and 
scheduling. As Block-Frax programs are actually operated by Fractional 
operators, the rules generally mirror Fractional.  Therefore consistency is quite 
high, with outside Charter used as needed. 
 
Block Charter. The consistency of Block Charter ordinarily tends to be somewhat 
below that of Fractional, though it can vary greatly from one specific program to 
the next.  Dedicated fleets ordinarily offer high consistency.  To the extent that it 
consists of managed aircraft (owned by third parties) the consistency could be 
somewhat lower, as the specific owner might choose a different interior look or 
configuration, or different avionics suite.  These tend to be cosmetic differences.  
If backup aircraft are chartered in from third parties, the operational and cosmetic 
consistency will be driven by the program’s approach to auditing this lift.  If they 
are pure brokers, consistency will be low.  
 
Charter. Charter can offer high consistency, if you go to the same provider for the 
same aircraft all the time. But if, as is more often the case, you need to mix and 
match aircraft and operators, consistency will be low. 
 
Schedule Flexibility 
 
Schedule flexibility encompasses business aviation users’ ability to schedule or 
change their travel plans with minimal notice, or otherwise use their aircraft when 
they want, without constraints.  Key factors include the degree to which aircraft 
availability is guaranteed, advance notice requirements, travel constraints on 
peak days and the rules associated with trip cancellation. 
 
Charter.  On-Demand Charter programs offer a high level of schedule flexibility, 
though it comes at a price.  Most operators will allow you to extend a stay, 
change plans enroute, or delay a scheduled departure provided that you 
compensate the operator for the time involved.  At times, however, the aircraft 
that best fits your needs may not be immediately available. 
 

With Ownership, 
it’s yours! 

 

 

Different, yet 
identical aircraft 

 

High operational 
consistency 

 

 

 

 

Block Charter 
consistency 
depends on the 
program 

 

 

Charter 
consistency can 
be low 

 

 

 

 

Flexibility can 
often be bought 
with Charter 

 

 

"Chartering a plane, either directly from a charter company or through a charter broker, is often the most cost effective way to fly private."

Independent Source: Deloitte Private Wealth, Private aircraft: Flying private makes sense for those with the right information (page 20)
*This website has no affiliation with Deloitte.