Fractional (NetJets, Flexjet) sits between chartering and owning. Pros: Consistency: You get a standardized fleet (always the same high quality). No Headaches: You pay the bill; you don't manage crews, hangars, or maintenance. Tax Benefits: You own an asset, allowing for depreciation schedules (consult your CPA). Cons: High Costs: It is significantly more expensive than chartering. Upfront Capital: Expect $550k–$800k for a 1/16th share (50 hours/year) of a light jet like a Phenom 300. Monthly Fee: $10k–$14k/month (fixed management fee regardless of flying). Hourly Rate: $3,500–$4,500/hour (occupied rate + fuel surcharge) when you actually fly. Depreciation: You will likely lose 50%+ of your capital share value after the contract term (usually 5 years).