MyFlight Advisor launches fractional programme

MyFlight Advisor has launched an aircraft fractional programme it calls ManagedSHARE, designed as an alternative to charter.

The programme is designed for aircraft owners who want to maintain full control of their asset while offsetting costs — without the complications of co-ownership or chartering.

The ManagedSHARE model is limited to four participants per aircraft, including the owner, under a shared lease agreement.

“Private aircraft owners are looking for a better way to offset their expenses without the hassles and pitfalls of traditional charter,” said Jeff Reis, founder and CEO of MyFlight Advisor. “Powered by a team with deep experience in all aspects of private aviation, ManagedSHARE offers simplicity, consistency and control for both aircraft owners and a manageable group of lessees. ManagedSHARE is a breath of fresh air for private aviation users.”

MyFlight Advisor is initially rolling the programme out across major US metropolitan markets, with a nationwide expansion planned. 

“Today’s aircraft owners are asking for something different, something that works for them, financially, operationally and conveniently,” Reis added. “They are frustrated with the constraints of today’s charter offerings, which promise revenue hours but are offset by diminished aircraft value. Our team has listened to aircraft owners for several years, and that is why ManagedSHARE will deliver.”