Purchasing an aircraft is a milestone that many pilots spend years working toward. The ability to fly on your own schedule and travel wherever you want is hard to beat. However, many buyers quickly discover that the purchase price is only one part of the overall ownership experience.
The Reality of Traditional Aircraft Ownership
Privately owned aircraft often spend more time sitting in a hangar than in the sky, yet owners continue to carry many of the costs associated with keeping an aircraft available. Insurance, hangar fees, maintenance, annual inspections, and other ownership expenses are part of the commitment that comes with owning an airplane.
For many pilots, the goal is to find a way to make ownership practical while still enjoying the benefits of having a plane available when they need it.
What is DiamondShare®?
DiamondShare® was created to provide a smarter approach to modern aircraft ownership.
The program allows owners to purchase and own 100 percent of the aircraft while sharing scheduled access with a small group of qualified members. This helps offset ownership costs while keeping the aircraft fully dedicated to the owner’s travel needs.
With one owner maintaining complete control of the aircraft, the program avoids the shared equity, decision making, and ownership complications often associated with traditional partnerships.
How DiamondShare® Ownership Work
Owners purchase a Diamond aircraft, such as a DA40, DA42, or DA62, and DiamondShare® helps match the aircraft with up to three qualified members who purchase scheduled blocks of flight time.
Member revenue helps offset ownership costs while increasing aircraft use. Throughout the process, the aircraft has no shared equity, complicated ownership agreements, or additional unknown owners involved.
Benefits of DiamondShare®
Reduce Aircraft Ownership Costs
Offset a portion of aircraft ownership expenses through member participation, helping make modern aircraft ownership more financially practical.
Fly a Modern Aircraft
Access newer Diamond aircraft equipped with advanced avionics, efficient performance, and proven safety features.
Maximize Aircraft Utilization
Privately owned aircraft often spend significant time on the ground. A structured member program helps increase utilization while keeping the aircraft available for the owner's personal flying.
Simplify the Ownership Experience
A structured ownership model helps reduce the challenges of managing an underutilized aircraft while keeping the ownership experience straightforward.
Potential Tax Advantages
Depending on aircraft usage and individual circumstances, ownership may provide certain tax advantages, including depreciation opportunities. Owners should consult with a tax professional to determine what benefits may apply.
Is DiamondShare® Right for You?
DiamondShare® may be a great fit for pilots who want the benefits of aircraft ownership while taking a smarter approach to managing ownership costs.
This program is best fit for:
Business owners looking for a more efficient way to travel.
Pilots flying approximately 50 to 150 hours per year.
Buyers considering a new Diamond DA40, DA42, or DA62.
Pilots seeking an alternative to fractional ownership.
Owners interested in a modern aircraft with reduced ownership expenses.
Current Ownership Opportunity
LifeStyle Aviation currently has a DiamondShare® ownership opportunity available with a 2023 Diamond DA40.
This aircraft combines Diamond’s proven safety, efficiency, and Garmin glass cockpit avionics in a platform designed for personal and business travel. The program allows owners to experience modern aircraft ownership while helping offset the overall cost of ownership.
Learn more about this available DA40 opportunity by viewing the aircraft listing or contacting an Aircraft Counselor today.
A Smarter Approach to Aircraft Ownership
Aircraft ownership provides the ability to fly on your own schedule and travel with greater flexibility. DiamondShare® helps make that ownership experience more accessible by allowing owners to reduce costs while maintaining control of their aircraft.
For pilots looking to own a modern Diamond aircraft, the program provides a simpler approach to ownership.
