What do you call a company that has one plane and....?

"rents" the plane out? One plane, company pilots, and its rented by executives, families, etc. What is it called?|||It's called an air charter service and requires a Part 135 Air Taxi certificate. The price charged depends on the aircraft flown. There's also the Part 91K "Fractional" ownership which is like a privately owned corporate aircraft but it is shared among numerous owners - i.e. each owns a fraction of the aircraft. A light jet like a Lear 31 might cost around $2,200 per flight hour or so. A medium jet such as a Citation X might go for around $4,500 per flight hour. A large jet like a Gulfstream G-5 would cost around $7,000 per hour. A turboprop such as a King Air B200 might rent for $1400 an hour. Despite these prices, there isn't a huge profit to be made because the cost of flight operations, hangarage and ramp fees, maintenance, inspections, insurance, pilot training and financing eats up most of the profit.|||I have seen the name "fractional" air carrier, or operator -


A single airplane with an operating certificate can be shared by many -|||Private jet charter.