Each Pod is set up with a specific target number of investors and a total funding goal. Once the Pod reaches its full roster of investors and meets that funding target, it closes to new members. At that point, no additional investors can join, and existing members will be asked to make their final investment contributions to meet the capital goal.
The exact timing of a Pod’s closing can also depend on operations. Craft coordinates the Pod’s closure with acquiring and refurbishing the aircraft to ensure a smooth ramp-up of service and immediate flight availability for all members once the Pod is active. Don’t worry – we’ll notify everyone as the Pod nears its closing point, giving you a heads-up and a clear deadline for any final contributions. Keep in mind: your flight hours only begin accruing after the Pod has officially closed and activated.