Fractional aircraft programs offer companies and individuals the opportunity to experience the benefits of private and business aircraft ownership without the capital investment, ongoing expense and management demands of owning an entire aircraft.

At Evan S. Kagan, P.A. our attorneys have experience representing clients in connection with the purchase of interests in fractional programs, such as NetJets™, FlexJet™ and Avanatair™, and in many cases we have good working relationships with the programs, which facilitates a smooth transaction for the client. When representing a client interested in a fractional program, our lawyers work closely with the client and financial and tax advisors to design strategies that will determine whether fractional ownership will advance the client's objectives.

A fractional aircraft interest is subject to regulations and tax rules substantially similar to those that apply to whole aircraft owners. Fractional ownership is governed by complex and sometimes disparate regulations requiring the assistance of competent counsel.