Aircraft Fractional Ownership By Club One Air

Club One Air, Asia's first Aircraft Fractional Ownership company has launched its services in Mumbai. It will provide Mumbai's industry captains a chance to own an aircraft at a fraction of the actual cost and run it as per their own requirement.

A popular concept in the West, Fractional Ownership gives aircraft shareowners a sense of 'ownership' and also gives fractional and legal rights commensurate to their share. The advantage of Fractional Ownership is the ability to fly when one wants to and where.

The company unveiled its exclusive fleet to service the Mumbai market. The fleet in Mumbai includes Cessna Citation II aircraft and two brand new Augusta 119 Helicopters. Club One Air's fleet currently comprises nine aircraft. The fleet is made up of five executive, business jets of Citation Excel and Citation 2 series aircraft and two brand new Augusta helicopters, a Turboprop King Air 200 and Eurocopter EC 130.

Club One Air was launched in North India in August last year. The company has since then added seven more carriers to its portfolio. The company recently launched its Jet Card programme, a convenience card for high net worth individuals.