Own Your Private Travel Solution
FRACTIONAL OWNERSHIP · 12.5% / CHALLENGER 850
Fractional Ownership that Adapts to Your Usage
Private jet fractional ownership should give you certainty without rigidity. Magellan Jets delivers both — a 12.5% share of a Bombardier Challenger 850 on a 3-year term, the freedom to flex into different aircraft when the mission changes, and unused hours that roll forward instead of vanishing. No five-year lock-in. No single-airframe limitation. Just guaranteed access and a Private Aviation Advisor who coordinates every detail across your entire year.

Your Program at a Glance
- ACQUISITION
- $1.25M – 12.5% Share
- TERM LENGTH
- 3 years
- ANNUAL HOURS
- 50 hrs
- HOURLY RATE
- $5,400 (Preferred Area)
- GUARANTEED RESIDUAL BUYBACK
- 60%
- FLEXIBLE AIRCRAFT INTERCHANGE
- Access to light, mid or heavy aircraft to fit the mission
Built Around How You Actually Fly
Our program was designed to remove the friction that has long defined fractional ownership.
Our Approach
Flexibility & Control
Own less. Control more
3-year term. Up to 25 unused hours roll forward into the following year. 60% guaranteed residual buyback at end of term provides a financial backstop if your needs change.
Portfolio thinking
Match the jet to the trip
Need a different aircraft — light, mid or heavy to fit the mission? Flexibly interchange your fractional hours into our Jet Card fleet options on a flight by flight basis.
Capital efficiency
Pay for what you fly
Locked hourly rates for the full year. Service-area pricing published up front. Access to Alternate Mission Aircraft when needed.
Most Fractional Programs
INDUSTRY STANDARD
Inflexible term
Typically 5-year contracts on a depreciating asset, with limited options to convert hours or exit before term.
INDUSTRY STANDARD
One aircraft type
Fractional programs typically lock clients into one airframe regardless of the day’s mission, leading to over- or under-sized aircraft on real journeys.
INDUSTRY STANDARD
Unexpected fees
Variable hourly rates, surcharges on positioning legs, and fine print on exit are common across the category.
FRACTIONAL OWNERSHIP · 12.5% / CHALLENGER 850
A Program that Bends to Your Year
Travel needs change — quarter to quarter, year to year. Magellan Jets is built to flex in three directions so you’re never stuck paying for a year that didn’t happen, or scrambling for lift you didn’t plan for.
OVERFLOW
Flex up
Need more than 50 hours this year?
Add supplemental Jet Card or on-demand charter access for additional lift on any aircraft class. Coordinated seamlessly by one team.
UNDERFLOW
Flex down
Light year? You’re not penalized.
Light year? You are not penalized. Unused hours roll forward into the following year. No “use them or lose them” resets, no annual forfeitures working against you.
CROSS-FLEET
Flex across
Wrong-sized aircraft for the trip?
Wrong-sized aircraft for the journey? Apply your Fractional Ownership hours toward any Magellan Jets Jet Card aircraft — a light jet for the short hop, a heavy for the coast-to-coast.
THE AIRCRAFT YOU OWN
Bombardier Challenger 850
A meticulously appointed heavy jet with cabin space and amenities that make every hour productive or restful on your terms.
- Cabin Height
- 6′ Stand up
- Capacity
- 19 passengers
- Crew
- 2 pilots + 1 attendant
- Baggage
- 195 ft³
- Wifi
- Gogo LG Advanced
- Galley
- Full bar + convection
- Operator
- Slate Aviation · Part 91K






WHERE YOU CAN FLY
Service Map
Three pricing tiers, all locked for the year — no surprise positioning fees.
Itineraries within the 48 contiguous United States & the Bahamas that originate within a designated Preferred Area.
sample routes
New York City (TEB) to Chicago (PWK)
2.5hrs | $15,000
Philadelphia (PHI) to Dallas (DAL)
3.5hrs | $21,000
New York City (TEB) to Jackson Hole (JAC)
4.6hrs | $27,600*
Miami (OPF) to Las Vegas (LAS)
5hrs | $30,000*
Itineraries that start and end in designated Preferred Areas.
sample routes
Palm Beach (PBI) to White Plains (HPN)
2.6hrs | $14,040
Washington DC (IAD) to Naples (APF)
2.5hrs | $12,500
Itineraries encompassing Eastern Canada or Caribbean whose origin or destination is located on the East Coast.
sample routes
New York City (TEB) to Cayman Islands (MWCR)
2.8hrs | $21,000
*Flight legs over 3.7 hours requires a fuel stop.

OPERATING PARTNER
Operated In Partnership With Slate Aviation
FAA Part 91K · member, Magellan Jets Preferred Network

THE MAGELLAN DIFFERENCE
Every Journey is Personal
We treat every Private Client as one of our own family members, and provide you with the highest possible standard of service. From the very start of your journey with us, you’ll have an entire team behind you that cares deeply about making your experience personalized.
Asset-light & 100% debt-free
Client funds are never used for anything but client travel. Since inception.
4.9 / 5 client satisfaction
Dedicated Client Experience teams seamlessly coordinates every leg.
Wyvern Wingman + ACSF
Wingman Certified & board members on the Air Charter Safety Foundation.
Over 100+ countries flown
Two decades of flown trips, backed by world-class flight operations infrastructure.
Frequently Asked Questions
The program is tailored for private aviation clients originating in the Northeast and Southeast United States, with routes spanning the U.S., Canada, and the Caribbean. The Challenger 850’s spacious interior and premium amenities make the ideal solution for business travelers seeking productivity, families prioritizing privacy and comfort, and musicians and athletes that require extra luggage storage.
Each Challenger 850 is divided into four 12.5% shares, leaving 50% of the aircraft’s time unallocated. This approach provides Fractional Owners with guaranteed jet access. With a fleet of 34 Challenger 850s, our Private Clients never have to worry about access.
At the end of your 3-year term, Magellan Jets guarantees a residual buyback at 60% of your original share value. This provides a clear financial backstop and eliminates the uncertainty of reselling on the open market.
The flight service area was carefully selected based on high-demand Client locations to ensure operational efficiency and seamless travel experiences. While we cannot share specific expansion plans at this time, we are committed to reviewing Client demand and operational feasibility to evolve our offerings and meet travel needs as they arise.
All Fractional Ownership flights are operated by Slate Aviation under FAA Part 91K certification. Slate Aviation is a vetted member of the Magellan Jets Preferred Network. Magellan Jets serves as your trusted advisor and program architect, coordinating every aspect of the Client Experience while Slate Aviation manages flight operations.
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