
Partners In Aviation
Private jet co-ownership matching owners with aspiring owners in Chicago
About Partners In Aviation
Partners in Aviation, also called PIA, runs a managed co-ownership program for aircraft. The program matches two owners to one aircraft. The owners fly on their own schedule with their own crew. The site says PIA launched on September 7, 2016.
The site says the program costs about half of sole ownership. It says owners split capital and fixed costs. The site compares PIA with jet cards, memberships, and sole ownership with a charter supplement.
PIA matches each owner with a co-owner that the owner approves. A legal team works with each owner's counsel. The site says the structure gives security and control over tax and title.
The program covers turboprop, light jet, midsize, and super mid and large jets. The site says PIA works with all major aircraft makers. It says matches fly across the country.
The site says PIA was founded by Mark Molloy and Tom Bertels. Molloy had a long career selling new aircraft. The team consulted experts in finance, law, tax, and aircraft management and maintenance.
The site says there are hundreds of co-ownership opportunities across the country. It has pages for jet card users, fractional owners, and current owners who want to sell half their aircraft. It also has a PIA versus jet card comparison.
The site lists a phone number, (312) 967-4501. It also lists a Facebook page. The site has a blog, an FAQ, a media kit, and an aviation advisors page.
Location
Chicago, United States
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