IAIN AYRE FRACTIONAL OWNERSHIP

Fractional ownership of aeroplanes is more and more common. I have one friend in Los Angeles who owns a whole plane, but he’s a screenwriter and has had a few successes resulting in impressive cheques. With one such cheque burning a hole in his pocket, he bought a nice 1946 Stimson four-seater aircraft with a Franklin engine. Ironically it’s currently little used due to road traffic congestion as the interstate LA highways that go from its Santa Monica airport hangar to his house near Burbank can gridlock for