Grim Reaper
Well-known member
- Joined
- Aug 17, 2002
- Posts
- 139
In fact, the fractional model is changing. The Card programs are all the buzz. NJA started it and all the others are following.
Customers like it, especially with the changing tax laws that will proscribe the owner for deducting pleasure travel in a private aircraft. No more tax breaks for pleasure travel to KASE. No need to buy a share of an aircraft and wonder about residual values with a large number of used acft on the market and the ability to spread the card purchase over a variety of acft allows more flexability for a somewhat fixed price.
With the advent of the card programs, the fractional providers are moving to Pre-Paid On Demand Charter and that's fine. To continue to compete, the companies must responed to a changing economic paradigm by changing their paradigm.
Customers like it, especially with the changing tax laws that will proscribe the owner for deducting pleasure travel in a private aircraft. No more tax breaks for pleasure travel to KASE. No need to buy a share of an aircraft and wonder about residual values with a large number of used acft on the market and the ability to spread the card purchase over a variety of acft allows more flexability for a somewhat fixed price.
With the advent of the card programs, the fractional providers are moving to Pre-Paid On Demand Charter and that's fine. To continue to compete, the companies must responed to a changing economic paradigm by changing their paradigm.