A New Chapter in Private Aviation

Private aviation has always operated in extremes: on one end, full aircraft ownership with high
capital requirements; on the other, fractional shares and jet cards with little transparency. We’ve
developed a new structure that blends ownership, capital efficiency, and operational simplicity.
Our model represents a structural evolution in how you can own and benefit from private
aircraft, especially mid-cabin jets like the Challenger 350.

What Is a 721 Exchange in an Aviation Context?

Traditionally, Section 721 exchanges apply to real estate, allowing investors to contribute
property into a qualifying partnership or fund in exchange for units without triggering taxable
gain.

How does it work?

• You contribute capital into Craft's exchange fund.

• Contributions are not considered taxable events, allowing you to defer capital gains
  taxes.

• You receive membership interests that reflect your proportional ownership.

• You get access to the fleet of aircraft at competitive rates, while still benefiting from the
  appreciation of your contribution.

Why it works?

You fly private but it's never perfect. We’ve designed our model with three questions in mind to
shape your experience;

• How do I benefit from ownership without operational complexity?

• How do I deploy my net worth without tax disadvantages?

• How do I standardize my flying experience and costs?

If you’ve ever asked yourself any of these questions, then this is the right model for you.

Who This Model Best Serves

• Individuals flying 25–75 hours per year.

• Individuals with concentrated or low basis stock.

• Families wanting consistent access to a mid-cabin jet.

• Fractional or jet card owners that want to turn their liability into an asset.