The Partnership Owners Program
Welcome to Partnership Aircraft Sales (PAS), your partner in Private Aircraft ownership.
PAS specializes in the management of private aircraft that are owned by an LLC partnership arrangement. The purpose of this business is to offer clients an economical way to own a private aircraft through the sharing of the purchase price the benefit of sharing the fixed cost, maintenance expense and when applicable flight crew cost.
The importance of your time and the maximization of every dollar spent on your transportation, that is real value.
Everyone knows operating airplanes is expensive. The services we offer is aimed at increasing the value of your transportation dollar. PAS does this in two ways one is to use the most Cost-Effective Airplanes and keep the Overall Operation Simple. In order to do accomplish this, PAS tailored the business model on one aircraft manufactory and two models of airplanes, the Cirrus SR22 and the SF50 Vision Jet.
Our services include the following:
- Sales of shares of 20% ownership in the Cirrus SF50 Vision Jet and Cirrus SR22 aircraft.
- Shares of 20% ownership allow the customer to purchase a level of interest in an aircraft appropriate to their anticipated need.
- Flexibility and convenience of ownership; possibility of larger purchase of share and more flying time.
- Efficient use of flight crews
- Reasonable utilization of the aircraft
- Aircraft & crew logistics
- Aircraft security & storage
To Make a Partnership Work, Coordination is KEY!
PAS, Aircraft & Partnership Management is a turn-key proposition, with all of the ease of use that today’s aircraft owners demand. We focus on the details, so you can focus on the things that YOU do best. A Great Example of how easy it is to use our services…You need to schedule a trip simply call, or email Central Control Center (Mom for Short, Mom meaning the one you come to when you need something done) with the details of your trip and Mom will help with the following:
• Trip planning, what is the best airport to use.
• The best FBO, check fuel prices, and set up car rentals.
• Flight crew, when applicable.
• Schedule the airplane.
Since the aircraft are owned by multiple people, it is essential that there be coordination between the Limited Partners. PAS manages this coordination between the Limited Partners of the LLC ownership company. This limits the need for interaction of the Limited Partners.
There many time-consuming facets of managing an airplane many people overlook these are just a few:
- Maintenance
- Maintenance & paperwork has been accomplished.
- scheduled maintenance.
- unscheduled maintenance.
- Flight Crew
- Are available and in compliance for the required flights.
- Accounting
- Billing the Limited Partners for flight hours reserve
- Keeping track of accounts payables and receivables
- Sending reports to the Limited Partners
- CPA Audits & Tax report are completed.
General Partner & Limited Partners Management
In order to limit any confusion or conflicts the following documents have been put in place.
- The Aircraft Partnership Agreement lays out the by laws of the LLC.
- Appendix B of the Aircraft Partnership Agreement list the following:
- Responsibilities
- Limited Partners
- General Partner
- Aircraft Management/Flight Dept.