MAC Air Group launches QJet Shares aircraft ownership program

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MAC Air Group has launched a new aircraft ownership program, QJet Shares, that will offer customers the opportunity to purchase shared ownership of one of six Hawker 1000 aircraft from early 2016. Ownership of each aircraft will be limited to six individuals or corporations who demonstrate similar travel profiles and the hourly rate of flying will be reduced to US$2,850.

The aircraft owners will be able to maximize all the benefits of owning an executive jet without the associated administrative and crew management responsibilities, as these will be managed by MAC Air Group. Maine Aviation Aircraft Maintenance will be responsible for the fleet’s maintenance schedules, while Maine Aviation Aircraft Charter will manage and operate the aircraft.

Owners will also benefit from ‘Trip Share’, which allows owners to share aircraft with other owners, splitting the hours between them to maximize their annual hourly allowance. If owners are unable to maximize their 100 hours, Trip Share offsets the empty leg hours by offering them out to charter.

“Through our charter business, we have noted an ever increasing demand from clients with a similar profile wanting to travel on similar routes. This new program, with its low acquisition fee, gives passengers the opportunity to benefit from the efficiencies of private jet ownership but without the associated administrative burdens and staffing aspects normally associated with ownership.

“We believe the program will reduce the cost of flying up to 30% when compared with other similar executive aviation fractional ownership offerings,” explained Allyn Caruso, president of MAC Air Group.

The refurbishment and overhaul of the Hawker 1000 aircraft will be undertaken with MAC Air Group’s trade partners. Three of the Platinum Edition Hawker 1000 models will be based in Florida and three in the north-eastern states.

“We intend to split the fleet to best serve the most popular routes, which we anticipate will be between Florida and New York and New England,” added Caruso. “Positioning the aircraft at these locations means we can optimize their usage and provide best value for our owners.”

December 2, 2015

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Helen has worked for UKi Media & Events for nearly a decade. She joined the company as assistant editor on Passenger Terminal World and since progressed to become editor of five publications, covering everything from aviation, logistics and e-commerce to meteorology. She has a love for travel and property and has redeveloped three houses in three years. When she’s not editing magazines, she’s running around after her two boys and their partner in crime, Pete the pug.

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