Timeshares aren’t limited to vacation property. This ownership format is also used to sell various luxury items, like private jets.

In fact, Avantair’s timeshare ownership for private jets increased by nearly 7% during the last quarter. While the sector also posted losses, it still shows promise.

Majority of the losses were credited to depreciation, amortization, and interest expenses.

Avantair handles 58 planes and has a workforce of more than 500 employees.