Patent ID: 7212982

Claim:
A method comprising: a) effecting a purchase of a first aircraft by a first plurality of fractional owners; b) effecting a lease granted by the first plurality of fractional owners to a first entity, the first entity operable to coordinate maintenance and operation of the first aircraft; c) providing the first entity with a first fee payment in exchange for the coordination of maintenance and operation of the first aircraft; d) in a computer based reservation system, determining and storing a use allocation for each fractional owner in an amount based on a fraction of the first aircraft owned by the fractional owner, the use allocation comprising a measure of flight usage of one or more fractionally-owned aircraft including the first aircraft; e) in the computer based reservation system, reducing and storing the use allocation for more than one fractional owner after a single flight that includes at least one passenger associated with each of the more than one fractional owners.