The PIA Managed Co-Ownership Pedigree
“We developed Partners in Aviation’s Managed Co-Ownership program to provide a critical missing piece to the aircraft ownership puzzle,” shares PIA founder Mark Molloy. “The cost savings and efficiency of co-ownership were abundantly obvious, but the agreements were created in a one-off, ad hoc, and an often daunting vacuum. Working with top aviation counsel, we created a comprehensive legal structure, co-owner vetting approach, and national network of interested, like-minded candidates to match two owners to one aircraft with individual access on par with sole ownership. But at half the operating costs.”
When the program launched, it quickly caught the attention of the aviation press as a news-worthy, innovative solution. More recently, the mainstream financial media, like Forbes and Barron’s, has covered PIA Managed Co-Ownership, bringing the idea to a larger audience. “This national exposure has resulted in the program’s quick growth and acceptance,” Molloy concludes. “The program resonates with family offices, advisors and their clients and families.”
Two Owners, One Aircraft, Half the Cost...
It’s Time for Your Clients to Give Half a Whole Lot of Thought
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