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At regular intervals, Club One Air will unveil state-of-the-art jets and helicopters and invite fractional ownerships. Depending on the program, one share could entitle you from 1/4th to 1/10th share of an aircraft. Through various agreements, your share will entitle you to complete financial and legal control of your aircraft.

Your share will entitle you to a certain pool of hours that you can fly in your aircraft annually. For example a 1/6th share entitles to 120 hours per year.




There are three payments that a Club One Air owner makes :-
Ownership cost:
Depending on the stake you want in the aircraft, you put down the same percentage of capital. So for example, for an aircraft costing Rs. 20 crores, your share for 1/6th ownership will be Rs. 3.33* crores.
Fixed Monthly Cost:
Each month you will be paying a monthly fixed cost. This payment goes towards maintaining, pilots, ground staff maintenance, Airport Authority charges, Airport infrastructure and services, administration and so on. This cost too will be to the extent and proportion of your share. For example if the cost to maintain an aircraft is Rs. 15 Lakhs per month, your 1/6th share will cost Rs. 2.5 Lakhs.
Flying Charges:
You will be billed for each flying hour. These charges are at actual costs and include fuel, maintenance reserves, landing and catering. These charges are fixed annually, except for the fuel portion of the cost, which will be fixed quarterly, depending on the fluctuations in fuel prices.
     




This is the value of your share after completing the ownership tenure. Club One Air guarantees a minimum residual value of 65% of your investment after a period of 5 years. For example if you have invested Rs. 5.00 crores to buy your share of the fraction, after 5 years Club One Air guarantees you a residual value of Rs. 3.25 crores.




After the term of 5 years, if a fractional owner is keen to continue his ownership, or buy a share in another aircraft, all he has to do is pay the difference between the new aircraft share value and his existing fractional share residual value.
   
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