Further, some shareholders aren't pleased when the lines are blurred between business and pleasure. Some Fortune 500 companies let executives use company jets for personal trips and vacations. Owning a private jet is no longer solely the perk of companies with millions of dollars to spend. Fractional ownership programs are joint ownership systems for jets that allow small or midsized companies to buy a percentage of an aircraft with other companies to defray the costs. Membership in fractional ownership programs has soared in the past five years, said Signature's Lassetter, who has worked in private aviation for about 25 years.
Any corporation recognizes the value of that.
Propelled by the advantages of private travel and the increased popularity of fractional ownership programs, the use of private jets is expected to continue to rise for the next 10 years, say industry experts. And Atlanta is expected to be part of the trend. Earliest info on new businesses, homeowners Sales Prospecting Center Real info, real opportunities. HireAtlanta Fill an opening, find a job Internet Directory Local businesses on the web Legal Center Hundreds of business legal tools Office Products Special deals on equipment, supplies. Classifieds Search for business services, real estate and career opportunities.