Company reports growth in structured shared aircraft ownership across US market

CHICAGO, US – Partners In Aviation (PIA) is marking its 10-year anniversary, reflecting a decade of development and adoption of its structured aircraft co-ownership model across the United States.

Co-ownership model and market positioning

Founded in 2016, PIA introduced its Managed Co-Ownership™ model to connect two owners sharing a single aircraft within a defined legal and operational framework. The model is positioned between fractional ownership programmes and full aircraft ownership, targeting operators flying between approximately 50 and 150 hours per year.

According to the company, this approach enables shared access to aircraft while reducing ownership costs, with the programme designed to address a segment not optimally served by existing ownership or membership models.

Operational structure and fleet coverage

The programme matches co-owners based on geographic alignment and aircraft preferences, combining two owners with a single aircraft and an appropriate management structure. Clients include both current aircraft owners seeking to sell a share and new entrants acquiring partial ownership.

Over the past decade, the model has expanded across multiple aircraft categories, with participants operating a range of turbine aircraft from turboprops such as the Pilatus PC-12 to larger business jets including the Gulfstream G500 and G550.

Market adoption and usage profile

PIA states that its model is designed for operators whose utilisation sits between typical fractional usage and full ownership thresholds. Fractional and jet card programmes are generally suited to operators flying up to 50 hours annually, while sole ownership becomes more viable above approximately 150 to 200 hours per year.

The co-ownership model is intended to provide a structured alternative for operators within this mid-range utilisation segment.

Operational outlook

The company indicated that its focus remains on expanding access to private aviation through structured ownership solutions, with continued emphasis on cost management, operational predictability, and aligned ownership partnerships.