Shared-ownership programs are ideal for people who want to enjoy an aviation lifestyle, yet do not have a need for a full airplane purchase.

American AeroSports' aeroSportShares program offers ownership levels of 1/8, 1/4, or 1/2 shares, and the amount of the share interest purchased determines the number of flight hours available per year. Additionally, owners pay a monthly management fee that covers scheduling, maintenance, insurance, storage, GPS subscriptions, cleaning, headsets, charts, everything else you need to just show up and fly.

There is a minimal flight hour fee, under $30, to cover the direct operating costs of the aircraft, such as fuel and oil and reserves.

Owning an equity share in an aircraft offers many of the same tax benefits as whole aircraft ownership, including significant depreciation and tax savings. Additionally, the owner may sell the share interest at fair market value of the underlying aircraft and exit the program, or apply the sales credit to a new aeroSport Shares aircraft.

A fractional lease program is another affordable solution that allows owners to select a usage plan that fits their individual needs without the upfront expenses associated with ownership.

Plus, the aeroSportShares program provides professional pilot training and transition courses for new owners.