Aircraft Ownership Structures

Aircraft ownership structures define how ownership and responsibilities are organized for an aircraft. Common arrangements include sole ownership (one individual or entity owns the plane), fractional ownership (dividing ownership into shares among multiple owners), and leasing (renting the aircraft for a period). Each structure impacts costs, liabilities, and maintenance responsibilities. Companies may also use special entities, like corporations or limited liability companies, to own aircraft for legal or tax benefits. Selecting an ownership structure depends on factors like usage needs, cost considerations, and liability management, enabling owners to optimize operations and mitigate risks effectively.