Wiley Rein LLP


Fractional ownership of aircraft (co-owning an aircraft with up to 15 other owners, with shared use) allows businesses and individuals to secure the benefits of business aircraft travel without the full cost of ownership—a particularly attractive arrangement for those looking to take advantage of the tax benefits of ownership that are not available with charters or leases.  Wiley Rein's Aviation Practice provides representation to clients in connection with:

  • The purchase of fractional aircraft interests from fractional aircraft providers, such as NetJets and FlexJet.
  • Negotiating fractional ownership program terms, including the purchase agreement, management agreement, program benefits, and repurchase terms.
  • Federal income tax planning on purchases, ownership, and sale of fractional aircraft interests.