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What are the differences between chartering and factional programs?



In day to day use, a fractional share can seem much like purchasing a block of hours from a charter company, though there are differences. For example, the fractional customer owns equity in an actual plane, meaning they have security in something of value in case the management company fails. In contrast, the owner of unused charter hours from a defunct charter company becomes nothing more than an unsecured creditor.

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