KestrelSHARES FAQs
Why Fractional Ownership?
Purchase only as much aircraft as you need. KestrelShares takes care of scheduling, maintenance, insurance, etc.
How many shares are sold per aircraft?
Eight
How does the schedule work?
Owners are assigned two-day blocks to facilitate overnights if desired. Flexibility is built into the system.
What are the costs?
$80,000 per share purchase price. $1,575/month covers most expenses including all fuel pumped at our Norwood base. Additional expenses owners are responsible for include any landing/parking fees, fuel, de-ice costs, etc. purchased on the road.
What exactly am I buying?
Share owners have their names on the aircraft registration and do actually own part of the aircraft.
How many hours do I have available?
75 hours per year per share.
What if I need more hours?
Additional hours can be “borrowed” from the next year’s allotment if needed.
How long is the contract?
4 years.
How much of my investment can I expect returned at the end of my term?
The aircraft will be sold at the conclusion of the contract. Owners will receive their share of the sale price minus 3% sales commission. Refurbished airplanes may be available and remain in the KestrelShares program.
Why the Twin Star?
The Twin Star is the ONLY completely modern piston aircraft on the market today. Low operating costs, courtesy of the new turbo-diesel engines make this twin rival singles. Multi-engine aircraft are typically not available in the rental fleet or other fractional programs.
Will other types be available?
Yes. The next model offered with be Diamond’s new D-Jet.
Are pilot services available?
Yes.
Pilot services will be offered to pilots and non-pilot owners alike at additional cost.
What are the advantages of the leaseback program?
Owner’s may offset their costs with charter revenue.
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