A method and system for providing fractional ownership of an aircraft. The method includes operating the aircraft under an FAA certification that permits the sale of aircraft capacity. Fractional owners of the aircraft, at least one of the fractional owners may be a syndicate having multiple members. The syndicate members may be managed on behalf of the syndicate. One FAA certification that permits the sale of aircraft capacity includes FAR Part 135. Additionally, the syndicate members may be billed usage fees on behalf of the syndicate, where the usage fees are billed proportional to use of the aircraft. Available capacity of the aircraft may be resold to other fractional owners and syndicate members.