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Tuesday, May 15, 2007

PlaneSmart! Announces Availability of Fractional Aircraft Shares

DALLAS, May 15 /PRNewswire/ -- PlaneSmart! Aviation is providing shares of top rated Cirrus SR-22 aircraft to pilots at a fraction of the cost of whole ownership. Customers can purchase an equity interest in an impeccably maintained Cirrus aircraft and get all the tax and other benefits of aircraft ownership. They will also enjoy a full-service, red carpet experience as their "management company" takes care of all the ancillary services for maintaining and caring for a plane, such as storage, fuel, scheduling, maintenance, and insurance.

The PlaneSmart! Cirrus fleet all boast the latest in avionics and glass cockpit technology on the market. Customers are trained on how to fly to the highest standards, and then provided professional management services typically only found in high end corporate flight departments.

Originally based in Austin, TX, PlaneSmart! moved their headquarters to Dallas in September 2005. They maintain a fleet of identically equipped aircraft in both locations to accommodate their growing number of satisfied owners and have plans to expand throughout the region. "It just makes 'plane' sense," says Jeffery A. Cullen, President and Co-Founder of PlaneSmart! Aviation, LLC. "All customers need to do is train, schedule, and fly. You won't get the same experience from any FBO, and it is far cheaper and more convenient than individual ownership."

For the same price as a 25 - 45 year old airplane, you can purchase an undivided interest (a fraction) of a 180 knot, 1,000NM range Cirrus SR-22, and gain access to a fleet of identically equipped, impeccably maintained and professionally managed airplanes. A fully-staffed and equipped Operational Control Center functions as a clearinghouse for information and coordination in handling customer requests, accounting, maintenance management and storage of all aircraft.

For more information about PlaneSmart! Aviation services visit their website at http://www.planesmart.com or call 866-264-2569.


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