Want to co-own a jet? You could if fractional ownership policy takes wing
SummaryThe civil aviation ministry is drafting policy to insulate fractional owners of private jets and choppers from “regulatory compliances as far as possible”
The government’s hoping more people will take to co-owning and flying by private jets once it frames clearer, and friendlier, rules on fractional ownership of aircraft. Why? One primary aim seems to be to help a nascent industry take off.