Sir - In the article "Jet Aviation backs business-jet timeshare-scheme launch" (Flight International, 19-25 July, P13) there is a mistake.
Part owners will not have to pay $150,000 a year, then pay $500 per flight hour, but, for one-third of an aircraft, they will have to make a down payment of $50,000, then pay an all-inclusive $500 per flight hour. The user has to commit to flying a minimum of 333h a year, or to pay the fixed cost for up to 333h a year.
This is why the timesharing consortium is of interest to firms spending at least $150,000 a year in travel for inter-European trips. An airline ticket represents only 27% of travel expenses.
ERIC DEL MARMOL
General Manager
Euraviation
Geneva, Switzerland
Source: Flight International
