Your costs as an AirShares Owner include:
Acquisition Cost - The one-time purchase of the fractional interest based on the share size. AirShares share prices start at ~$60,000 for a 1/8th interest in an SR22 GTS (the equivalent of 75 hours of annual flying time). At the end of your AirShares contract, your aircraft is sold and you can use your share of the proceeds to purchase a share in a new aircraft (or take the proceeds in cash). In either case, you've only incurred the capital costs and depreciation on your share of the aircraft.
Our prices do vary slightly depending on exact aircraft configuration and local operating costs; please select a market on the map below for detailed local pricing.
Monthly and Hourly Fees - These fees cover all the costs of maintaining, insuring, and operating your aircraft. They are fixed for the term of your contract and vary only with CPI, annual insurance premium changes and the cost of fuel. Thus, there are no unpleasant surprises when the plane comes out of an annual, an engine doesn't make TBO, or the avionics require repair or replacement. Those are AirShares costs - not our Owners.
Monthly and hourly costs are invoiced based on the actual use or "hobbs" time of the aircraft, not the total time the aircraft is away from home. At AirShares there are never any daily minimums or "non-flying" penalties for keeping the aircraft. We want you to use the aircraft just like an owner - because you are one!
Comparison with sole ownership: AirShares is 1/3 the cost!
The most frequently asked question about the AirShares program is "How do your costs compare with owning an SR22 myself?" The simple answer is: AirShares is 1/3 of the cost of owning the aircraft yourself.
The graph below, based on industry data from Conklin & de Decker and our own operating experience,
demonstrates where those savings occur. Monthly cash operating costs in the AirShares program are actually less than those you'd incur if you owned an SR22 yourself - despite the fact that in the AirShares program we handle all the hassles of ownership like maintaining and insuring the plane, scheduling flights, updating the avionics databaes monthly, and accept all the risk of unexpected maintenance costs. The more significant savings, however, come from only needing to finance a fraction of the aircraft purchase cost and incur only a fraction of the depreciation when the aircraft is sold.
The AirShares staff would be glad to provide a more detailed discussion of comparative ownership costs.