Thread: Go Fractionals!
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Old 08-12-2006 | 05:21 PM
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ryane946
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From: FO, looking left
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The real explosion you will see in the next several years are these VLJ's. In the 1980's, the only people who flew on private jets were people who could drop 20,30,40,50 million dollars on an airplane, and then pay for ALL the maintenance, all the gas, staff the operation with pilots... Then came fractionals. And we had an explosion in that market. Lots of people can't pay $30 million for a Citation 10, but they can pay less than $2 million for a 1/16 share of a Citation 10. The same explosion will happen with VLJ's. At $1-2 million a piece, a 1/16 share of a VLJ could cost under $100,000. $300 an hour operating expenses. There will be another explosion in people who can fly on private jets.
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