Socata Unveils TBM sharing Plan

 - March 30, 2009, 5:48 AM

Daher Socata launched a TBM 850 co-ownership program dubbed “Fly And Share your TBM” (Fast), with guaranteed operational availability for owner-pilots. For each one-third share of the turboprop single, 100 days of availability per year are guaranteed. Devised for two or three co-owners, the program calls for the partners to agree on time sharing. There is no management fee and no commitment for a number of flight hours. “For about $1 million, you get an annual 100 days of use,” a Socata spokesman summarized. The France-based manufacturer and its distributors can put would-be co-owners in touch. Daher Socata hopes the program will stimulate sales.