Mooney Endorses US Aviation Group Fractional Ownership Plan
Written by thomas · Filed Under Aeronautics NewsJune 11, 2008
Kerrville, TX – Mooney Airplane Company has agreed to support the National Fractional Ownership Program developed by US Aviation Group in Denton, TX. Mooney will feature the program on its website, provide space for fractional sales representatives at the company’s EAA AirVenture exhibit, and promote the concept through the Mooney service centers around the country. “Fractional ownership has proven very successful in the turbine aircraft marketplace and has been a catalyst for adding new members to the aircraft ownership ranks. We expect it to have a similar impact on our market segment as well,” said Mooney Chief Executive Officer Dennis Ferguson.
US Aviation is the first company to promote the concept of sharing the expenses of owning a piston-powered aircraft on a national level. The centerpiece of their program is the new Mooney Acclaim Type S. With fractional ownership, six people split the cost of the purchase price of a new, IFR-equipped Acclaim, share the expenses of hangar rent, annuals and other maintenance. US Aviation arranges pilot checkouts, scheduling, finds a hangar, takes care of maintenance appointments and keeps the aircraft clean. “All the pilot has to do is show up and fly,” said Justin Shelley, Director of Aircraft Sales at US Aviation. “The comfort, convenience and freedom of cross country flying in a new Mooney Acclaim Type S, at 242 knots are like having your own airline. It’s a perfect solution for the owners of small businesses. Fractional ownership puts a high performance aircraft within financial reach of many pilots who are enticed by the simplicity of the concept.”
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