Canadian aircraft management company Air Partners has launched a fractional-share program to capitalize on historically low used aircraft prices. Air Partners is headquartered in Calgary and is a subsidiary of Morgan Air Services, which was founded by WestJet Airlines cofounder Tim Morgan in 1983. In addition to aircraft management, Air Partners offers charter and aircraft maintenance services.
Asia and the Middle East are widely regarded as the world’s next big markets for business aircraft. After years of unfulfilled expectations, both regions are achieving impressive growth in terms of locally based fleets and overall flying activity.