Equity Terms
Fractional ownership & platform terms
Last updated: 2026. By using Wingz for fractional jet ownership or related services, you agree to these terms in addition to our general terms of use. This offering is made in India and may be subject to SEBI, RBI or other local regulations. Eligibility criteria apply.
1. Nature of fractional ownership
Fractional ownership through Wingz represents a co-ownership interest in an aircraft or an aircraft-linked structure. Your stake entitles you to usage rights and/or revenue sharing as set out in the specific offering and operating agreement. Ownership is subject to verification (KYC) and eligibility criteria.
2. Investment risk
Investments are subject to risk. The value of your fractional interest may go down. Past performance or projected returns are not indicative of future results. You should only invest what you can afford to lose and seek independent financial and legal advice.
3. Yield and payouts
Revenue sharing (yield) is distributed in accordance with our policies and the relevant operating structure. Payouts may be subject to tax (including TDS in India) and reporting (e.g. FATCA). You are responsible for your own tax compliance.
4. Eligibility and KYC
You must complete KYC to the satisfaction of Wingz or our partners before investing. We may refuse or suspend participation where required by law or our compliance policies.
5. Governing law and disputes
These terms are governed by the laws of India (or as specified in the specific offering). Disputes shall be resolved in accordance with the dispute resolution clause in the main terms of use or offering document.
6. Contact
For questions on equity terms or offerings, contact us at avneet@1gen.io or via the member portal.