Aircraft Fractional Ownership By Club One Air
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