There are also some fractional ownership properties available, but they are not as common.
The one outlier is Avantair, which provides fractional ownership of a very fuel-efficient turboprop called the Piaggio Avanti.
Although, the concept of fractional ownership has a clear non-tax economic logic to it, there is a particularly compelling tax argument to go this route, thanks to this ruling.
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With a global sales and support presence, its products are offered by virtually every fixed- and rotor-wing airframe manufacturer in business aviation, and are installed aboard the world's four largest fractional ownership fleets.
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Once the IRS caved, lawyers, accountants, plane brokers and fractional ownership companies like Berkshire Hathaway 's (nyse: BRKa - news - people ) NetJets actively promoted the tax advantages of buying your own company plane--or plane share.
The rate of growth of fractional ownership has slowed globally of late, along with premium travel on scheduled services, but NetJets has doubled its sales in Europe in the past year, and hopes without Concorde to double sales again this year.
Having worked out how to navigate the bureaucracy, he hopes to set up a fractional-ownership scheme in the next few months.
NetJets fractional aircraft ownership allows individuals and companies to buy a share of a private business jet at a fraction of the cost of whole aircraft ownership, and guarantees availability 365 days a year with just a few hours' notice.
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You'd surely have to give up the Aspen and Maui homes or replace the Citation X with a fractional jet-ownership.
Through its NetJets program, Executive Jet pioneered "fractional" aircraft ownership, in which two or more firms share a private plane.
According to WINGX Advance, a market intelligence provider for the aviation industry, the private jet industry (including fractional and whole ownership) was practically stagnant in the U.S. last year, and declined by nearly 4 percent in Europe.
Some of the same factors are driving an increase in corporate jet ownership, fractional and otherwise.
The ETF represents a fractional, undivided beneficial ownership interest in the SPDR Gold Trust.
Ownership is fractional, and the emphasis is not on each property as an asset but as one venue among many in a series of explorations.
Bob Knebel, vice president of Bombardier Flexjet, which arranges for individuals or companies to purchase shares in business jets at a fraction of full ownership cost, says the sour economy had a much bigger impact than 9-11 on fractional sales.
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