PlaneSense currently has 25 Pilatus PC-12s in it's fractional aircraft program and according to the New Hampshire Union Leader will increase this to 37 aircraft over the next year. This puts it in the top 6 fractional aircraft programs in the US.
The PlaneSense fractional aircraft ownership program was founded in 2005 by AlphaFlying. The program uses the fuel-efficient Pilatus PC-12 turboprop, built by Pilatus Aircraft Ltd of Switzerland. It now has the largest PC-12 fleet in the world, and has more experience flying PC-12s than any other fleet manager, according to George Antoniadis, founder and CEO.
Being a turboprop, the PC-12 address's the shorter-distance, regional needs of growing businesses. The fractional aircraft program has a wide range of owners including individuals, entrepreneurs, small-to-midsize companies and larger corporations.
The PC-12, which has executive seating for 6, also has an operating cost less than half that of a typical jet with a similar size cabin. And PlaneSense claims that for 'legs' up to 700 nautical miles, it provides trip times comparable to jets.
The cost of a 1/8th share (90 hours flight time) is $476,000, plus a monthly management fee (MMF) of $6,850 and an occupied hourly flight-time fee (OHF) of $650. An equivalent 1/8th share of a Hawker 400 jet at NetJets is $812,500, plus a MMF of $11,640 and OHF of $1,654.
PlaneSense is based in Manchester NH and serves the Eastern US.
You can find out about other fractional aircraft programs in our listing area.
Image courtesy Martin Berinstein
Latest Aviation Research
- Business Jet Sales in 2014
- The Costs to Own and Operate a Cessna CJ3
- Deciding between Fractional Aircraft vs Whole Ownership of a Plane
- Aircraft Management – Choosing a Provider
- Growth in the Large Jet Market
- Overview of Fractional Shares in Light Jets
- Guide to Private Aviation Updated With Latest Information
- The Costs of Buying and Operating a Challenger 605