We have your aircraft ready for you today! Why rent or lease, when you can fractionally own? WORKING HOURS. Fractional ownership can start to make sense if you fly more than 50 hours a year. I've often heard it said that if you fly between 50 and 400 hours per year, fractional ownership is the best way to go. Share sizes start at 50 annual flight hours and increase in 25-hour increments. Skyshare USA utilizes the most efficient luxurious and reliable aircraft for our fleet of jets. Amid a backdrop of personal and business flight options in the form of aircraft timeshare, jet cards, jet membership programs, and aircraft charter or the high cost of whole aircraft ownership, the fractional aircraft ownership model is becoming increasingly popular with both leisure and business travelers. Monthly Management Fee - Covers the indirect expenses associated with operating your aircraft, including pilot training, insurance, cabin support, trip management, crew provisions, and other administrative costs, Hourly Rate - Charged for each hour an aircraft is in flight, plus 2/10 taxi time. FL 34243, United States +19413763500 +19542901357. One of the main motivators for a fractional purchase is the ability to share the . That slice of an SR22 pie costs $71,900, with a $760 monthly management fee and hourly operating cost, including the current fuel price adjustment, of around $90 per hour. Travel on your terms with the fractional jet ownership company operating throughout North America and the Caribbean Islands. Throughout the process, Essex was a knowledgeable, trustworthy and detail oriented partner.. . Aircraft partnerships (AKA Fractional Aircraft Ownerships). Asset purchase - this upfront cost covers your share of the aircraft. Particularly, parties will divide an expensive asset into shares, thus allowing each owner to receive an interest in the asset for a fraction of the price. This strategy allows us to offer the lowest-priced Fractional Jet Ownership shares in the industry. Share ownership in $2M - $4M vacation properties with one low investment. For that you get 75 . We are committed to protecting the privacy of our clients. Saint Charles, Illinois, USA. Number of Seats: 2. Essex Aviation is not a brokerage firm and does not list aircraft for sale. Jet Aircraft For Fractional Ownership 1 - 25 of 41 Listings. Am I A Good Fit? Full ownership requires a major upfront capital deployment, while variable marketing conditions can dilute your ROI. Your allocation of hours is dependent upon how much of the jet you own. Aircraft Sales Advertising and marketing to assist with aircraft share liquidity to transfer ownership to new owners for a 1% filing and transaction fee in addition a monthly membership plan. Phenom 300 Praetor 500 Challenger 350 Gulfstream G450 Gulfstream G650. The best part is at the end of your five years of aircraft fractional ownership, SkyShareUSA will resell your jet and distribute the proceeds to all owners. With the industry's most innovative model, the jet is yours for the day, not the hour, giving you the ability to visit multiple locations in a single day. . We have your aircraft ready for you today! If you are frequently flying Business Class or First Class on commercial airlines and are tired of the health risks and hassles of the airlines, or discouraged by the skyrocketing costs of jet ownership, aircraft charters, leasing, or buying jet cards, SkyShareUSA Fractional Ownership will allow you to fly more and pay less. If youre flying more than you expected, you may also purchase hours from other Flexjet owners, as well as buy hours in any other aircraft type. Welcome to the Intelligent Private Flying Solution. Planning for the teams future is one of a leaders most important responsibilities. An aircraft fractional ownership program is simply an expanded form of co-ownership of professionally managed private aircraft. With SkyShareUSA, these fees can be completely ELIMINATED. Print Share. The user is allowed 75-100 hours of usage per calendar year. Asset purchase This upfront cost covers your share of the aircraft. fractional aircraft ownership interest in Florida to $300 when the ownership interest is sold by the Whatever your private aviation needs may be, we have the solution. Stay up-to-date on the latest operational information critical to your job and connect with over 900 fellow peers. NBAAs 2023 White Plains Regional Forum will bring current and prospective business aircraft owners, operators, manufacturers, customers and other industry personnel together for a one-day event. It can be done for strictly monetary reasons, but typically there is some amount of personal access involved. It made the difference in my flying! You have access to an entire fleet of aircraft, from the efficient Phenom 300 to the ultra-long-range Gulfstream G650. Unique to Flexjet, Versatility Plus allows you to customize your annual flight hours to align with the actual number of flight hours you need each year. Typically, fractional programs require a minimum share size of 50 hours of flight time per year to acquire a share. Has your time come to rise above the delays, hassles, long wiats and lines along with uncomfortable accommodations of the airlines. Potentially. Designed for those who fly 50+ hours per year, fractional jet ownership allows you to purchase equity in a specific Flexjet aircraft. Fractional ownership of aircraft is an arrangement in which multiple owners share the use and costs of purchasing and operating an aircraft. The program provider also handles the day-to-day responsibility of paying airport and hangar fees and insurance, although fractional owners contribute an agreed-to monthly and hourly fees toward these costs. Will my fractional jet ownership share be subject to state sales tax and state use tax? Find the best new and used aircraft for sale such as business jets, helicopters, Experimental, Warbirds and more. Tell us about your private travel needs and our team will provide you with travel solutions that are customized to fit you. Registration #: N245WB. It was so easy to use - I loved making and posting a flyer. As an added benefit, some fractional plane ownership programs offer owners the option to upgrade or downgrade the size of the aircraft depending on their trip requirements. The 2024 NBAA Schedulers & Dispatchers Conference offers the opportunity for attendees to further their professional development through up-to-date education sessions and a wide variety of networking events. This field is for validation purposes and should be left unchanged. Interior recently restored in beautiful cream with gray accents. You're a power user moving through this website with super-human speed. A portion of a share purchase can be sold back to the provider at the end of the contract. Florida Fractional Club puts a New Spin on the ConceptThe concept of fractional ownership for luxury items such as yachts and aircraft is certainly not new, and it's becoming more popular as owners realize their actual time using these expensive toys is far less than they may have planned when they made the purchase.To spice things up, in addition to the flybridge motoryacht, Florida . Naturally, when utilizing jets for more than 50 hours a year, SkyShare USA is an excellent solution. No, it is unlikely that you will have the same crew for each flight. Essex is a well-respected consumer advocate within the aviation industry, known for our character and honesty. . This is because lenders have fewer opportunities to get full collateral interest on these loans. Monthly maintenance fee: These will be charged to each. Depending on your ownership level, you may use up to five aircraft in one day. No worries or additional costs. Half the Cost.Oppo. Perfect personalities for even the pickiest of clients!, Essex Aviations guidance and data analysis was crucial to our successful first CJ3 lease and later our CJ4 purchase. While you own - or lease - a specific aircraft tail number, you have access to your provider's entire fleet. There are, at present, two options when purchasing a fractional share. The FAA created the Fractional Ownership Aviation Rulemaking Committee through an order dated Oct. 6, 1999. Our success lies in delivering maximum freedom of movement, comfort, and familiarity while ensuring that every single flight reaffirms our owners decision to join the PlaneSense fractional program. George Antoniadis, CEO & President. Secure the benefits of Fractional Ownership on an all-in cost per hour basis. As these programs grew in size, complexity and number, there was considerable controversy within the aviation community as to their appropriate regulatory structure. Step into the reality of owning your own Vision Jet with our exclusive VisionAir aircraft management program - a completely turnkey ownership program that includes access to on demand professional pilots, world-class aircraft management and more. You've disabled JavaScript in your web browser. Browse a wide selection of new and used Aircraft for fractional ownership near you at Aviation Trader Australia, the leading aircraft marketplace in Australia / Asia & Pacific. For career opportunities and questions, please go to our careers section. What are the key considerations for fractional jet ownership? Not necessarily. ShareMyAircraft is the internet's best resource to help you find a fractional share in Tampa, FL or throughout the country. Co-Ownership Support, Legal Docs, help with insurance, financing etc. In some cases, the tax exemptions are customized to suit your interest and your tax situation. Flexjet private jet leasing options begin at 50 annual hours. Most fractional share contracts have a minimum ownership period, in which the first purchase of a share is three to five years. The 2024 NBAA Maintenance Conference provides vital education and networking opportunities for anyone involved in business aircraft maintenance from technicians to directors of maintenance. Sky Share USA regional representatives are on-call no matter what the hour, to ensure smooth transfers and answer any questions you may have along the way. The AAP model is said to represent hassle-free, turnkey . Depending on a number of factors, your shares can range anywhere from 50 hours to 400 hours of flight per year. Personal data will be processed, stored, and used in accordance with the terms set out in our privacy policy. Designed for those who fly 50 or more hours per year, fractional ownership provides access to multiple cabin sizes equipped for a variety of needs and mission types. Our services team coordinates precise timing and routes, ensuring that every flight is hassle-free, even during peak travel days. We made this choice in order to avoid any conflicts of interest by representing both a buyer and seller. This economically efficient option can provide significant savings. Attend EBACE2025 to learn how new advanced aviation technologies will impact your business and which innovations can help make your business more profitable and sustainable. During the 1990s the growth of fractional ownership programs was substantial. Our comprehensive combination of aircraft volume purchasing, sales, maintenance, and refurbishment including avionics, interiors, and exteriors under one roof allows us to provide Fractional Ownership at a fraction of the cost of other fractional providers and jetcard programs. Typically, for any flights lasting under one hour, you will incur a standard minimum charge of one flight hour. Created by the FAA on Oct. 6, 1999, the committee's objective was to propose revisions to the Federal Aviation Regulations and associated guidance material with respect to fractional ownership programs. $7,500 FORANE , Sep 25, 2022 Replies: 2 Views: 955 Dana Oct 8, 2022 For Sale: Aircraft 1972 Bellanca Super Viking (300hp) ($85k) bradg33 , Oct 3, 2022 Replies: 7 Views: 794 Arnold Oct 6, 2022 Wanted: Partnership Seeking Sacramento area partnership juansg , Jan 20, 2020 A solid plan makes it easier to navigate todays uncertain world and when priorities change or a crisis happens, a well-crafted plan will help keep the team on track. While the billing process for fractional providers is well-defined, with fixed monthly management fees, along with invoices for variable costs based on hours flown during the prior month, we often provide routine statement monitoring and review on an as-requested basis. Making the perfect partnership work perfectly. Similarly, the Eclipse is available at a 25-hour "Jet Card" rate for $40,000, or two partial-ownership programs offering 50 days per . Engine Maintenance Program: Other Lavatory: Yes Lavatory Configuration: Aft Compare Get paid and be a trusted source to help manage aircraft for owners. 212.0597. I really liked the fact that I could ask for exactly who I wanted. Flexjet pilots are truly dedicated to a specific tail number, so you fly with those you know and trust. You must use one aircraft for all missions, with no simultaneous use option or ability to upgrade or downgrade. FL 33547 United States Telephone: . + 1.877.356.5823 Once the client has selected a provider, Essex will provide ongoing representation during the review, including the negotiation of terms, final contracting and closing on the share. DiamondShare Opportunity. The SMA Network can help you find a great plane and pair you up with other pilots that compliment your flying goals in your area! If your aircraft type doesn't suit you for . Most fractional jet ownership programs require a minimum share size of 50 hours of flight time per year. When two or more peopletypically a multiple of 1/16share ownership of an aircraft, it's considered a fractional ownership agreement. info@floridaflightcenter.com. Fractional Aircraft Ownership SERVING PILOTS SINCE 1996 2023. fractional ownership. Surround yourself with like-minded business aviation professionals looking to further cultivate their leadership skills at the 2024 Leadership Conference. These extensive fees can double your monthly Direct Operating Costs with other companies. The aircraft owners participating in the program agreed not only to share their own aircraft with others having a shared interest in that aircraft, but also to lease their aircraft to other owners in the program (dry lease exchange program). We understand that savvy travelers are always looking to make the smart business move and thats where we raise the bar. If I purchase a fractional aircraft ownership share, am I considered an aircraft owner for tax purposes? consult an aviation tax advisor and tax attorney, Whether a specific aircraft type meets the majority of their travel requirements, Whether they fly for business or personal reasons. The Pilatus PC-12 Fractional Ownership Program | PlaneSense Pilatus PC-12 Turboprop The Pilatus PC-12 has been an integral part of the PlaneSense fleet since 1995, giving the team more operational experience than any other program. Essex Aviation recommends that prospective fractional jet ownership clients consider the following before making a decision: There are two options when purchasing fractional shares: an hours-per-year model and a days-per-year model. As the exclusive fractional home of the Gulfstream G650, Flexjet presents you with a pair of unique ways to own this incredibly capable aircraft. Their process was comprehensive and thorough. This ensures you are provided with flights, when and where you need them, highly trained pilots, safe and reliable aircraft, flexibility, and exceptional customer service at a competitive cost, saving you valuable time and money. Should a client decide that fractional aircraft ownership isnt the right option for their situation, or should their needs change, there are a number of other private aviation options available that Essex can offer guidance on, such as: Most fractional share contracts are in place for three to five years. Enter a world of exceptional experiences designed to emulate whole aircraft ownership. If you want to see how fractional aircraft options fit into the . Fractional Share is a term used for fractional ownership of an aircraft where multiple owners share the costs of purchasing, leasing and operating the aircraft. What documents do I need to sign when I purchase a fractional jet ownership share? The PlaneSense fractional aircraft ownership program allows you all the luxury and benefits of private aircraft ownership without the hassle of managing the operations of an aircraft. You've disabled cookies in your web browser. All the airplane, half the cost. If you ever fly on a non-Flexjet program aircraft for more than five percent of your annual allocated hours, we will credit hours back to your account. You will pay the following fees: Initial purchase. Services; Co-Ownership Vs. Partnership; . The NBAA Business Aviation Taxes Seminar provides a comprehensive understanding of how the appropriate tax laws and regulations apply exclusively to business aviation operators. Up to date maintenance and is always kept in a hangar when not in use. Will my direct operating cost per hour increase as my hours purchased increases? Plus, all legal liabilities, maintenance, pilot training, and positioning fees are your responsibility. SkyShareUSA's Fractional Ownership Program titles a specific aircraft in your name. After an exhaustive search of available aircraft, they represented me on the acquisition, negotiation and importation of a long range aircraft and then oversaw a comprehensive customization of the entire plane. Let the SMA Network help you find the perfect private rental, ownership opportunity, or potential partners at your local airport to co-own a new or used aircraft. SMA is creating The Destination to help Professional Pilots get more exposure and opportunities to fly and earn more. Every pilot is type-rated in their assigned aircraft. Our team will assist you with filing initial . We understand that travel flexibility is vital to our owners. Our team will assist you with filing initial Legal, Insurance, and Financing applications for an inclusive fee in addition to our yearly membership plan. Lee Rohde and Tom Mitchell have been working in the aviation business for a combined 70+ years. Is fractional jet ownership the same thing as a timeshare? Do I predominately fly for personal or business reasons? Fractional lets you secure the best aspects of whole aircraft ownership for a portion of the cost and with none of the responsibility. Professional. How much does fractional aircraft ownership cost? The Essex team is friendly, prompt, easy to work with, and most importantly, simply the best at what they do. Private access to esteemed sporting, philanthropic, social, and educational events. With sufficient notice before the flight time of your trip, SkyShareUSA can eliminate these charges to fractional owners with no management fee or other costs involved. If you're flying more than you expected, you may also purchase hours from other Flexjet owners in the same or different cabin types. Mon -- 9:00 am - 5.00 pm. Fractional ownership is a convenient way to enjoy the benefits of private, recreational, and business aviation while minimizing the resulting high costs of whole aircraft ownership or charter. We invite you to read more about our unique business model and discover why SkyShareUSA is the most revolutionary and intelligent choice in the Fractional Jet Ownership Industry. With fractional ownership, you purchase a share of a specific aircraft type, which provides you with an annual amount of allotted flight hours. Call us today at 407-923-2336 and speak with one of our aviation specialists to learn how you can save over 50% compared to flying private jet charter, jet cards, or other fractional ownership programs and experience the benefits of jet ownership, without the headaches. A CirrusShare is ideal for anyone who flies 50 or more hours per year and wants the advantages of owning an aircraft. The FAA's final rule "Regulation of Fractional Aircraft Ownership Programs and On-Demand Operations" sets regulatory standards for fractional ownership operations (Part 91, Subpart K) and updates requirements for on-demand charter operations (Part 135). . Contact SkyShare USA or your accountant to discuss tax deductions from our program. After your aircraft share purchase, there are two bills: one monthly fee for fixed monthly expenses, and second for the number of hours you fly. In these difficult economic times, many aircraft owners have been forced to re-evaluate the expense associated with sole ownership. You never need to worry about the many factors including hidden surprises that may arise with aircraft full ownership. With our fleet's wide range of features, comfort is never an issue no matter which aircraft you choose. We realize plans change, but experiences shouldnt. Jet Card. What are the benefits of fractional aircraft ownership? 2001 and 2002 Cessna Citation 560 XL aircraft 1/3 ownership for sale in Fort Lauderdale, FL professionally managed, professionally flown, aircraft are on engine programs, aircraft will be operated . As the exclusive fractional home of the Gulfstream G650, Flexjet presents you with a pair of unique ways to own this incredibly capable aircraft. Get email alerts when a new share has been posted to your favorite airports! This lowers our business acquisition cost resulting in the lowest fractional aircraft program share costs to be found anywhere. You've disabled cookies in your web browser. We can then help with all the sharing docs, financing, insurance, and training. Fractional Ownership Aircraft Charter Interchange Agreements Aircraft Leasing Time Sharing Agreements Reimbursement For Owner-Pilots NBAA's Small Aircraft Exemption Operational Control Aircraft Registration & Transactions Aircraft Transactions Guide Ethical Business Aviation Transactions Exporting Aircraft from the United States From co-ownership agreements, to scheduling and maintenance to even handling the money - let us help. If I purchase a share of a specific aircraft model, does that mean Ill only fly on that specific model? This rate also includes direct expenses associated with maintenance, standard catering, and engine operation, Fuel Component Adjustment - Added to the base hourly rate to account for fluctuations in the cost of fuel, which varies monthly, However, pricing varies based on timing and varies across operators, Designed for those with minimal travel needs, No fees for repositioning, catering, or de-icing, Typically offers more experienced pilots and crews, Aircraft are often younger and more advanced, You select aircraft and receive guaranteed access, One point of contact + expert operations team, Providers own their aircraft and employ their own pilots, No need to involve more than one provider for long trips, Minimal cabin restrictions (pets allowed on board), VIP access to events, resorts, and product offerings, None of the risks, restrictions, and responsibilities associated with whole ownership, Much smaller upfront capital deployment + fixed costs, Repositioning, catering, and de-icing fees are covered, Ability to upgrade or downgrade aircraft for specific trips, Option to utilize more than one aircraft simultaneously, No maintenance downtime or need for supplemental lift, Option to sell share back to the provider at end of term, Depreciation deductions applicable to a capital asset, Provider handles all crew scheduling, aircraft maintenance, insurance, regulatory compliance, hiring and training, storage and parking. Knowledgeable. Fractional ownership is basically a partnership with multiple buyers at the corporate level. Imagine flying one of the most advance GA aircrafts for a private partnership, think Diamond D42/62 or the Cirrus SR22 - The SMA Network provides exposure to Commercial Pilots to fly and earn more! ShareMyAircraft is the internet's best resource to help you find a fractional share in Orlando, FL or throughout the country. One Airplane. SMA can walk you through how to start, run and grow your business. However, figuring out the true cost of flight hours can be tricky. The hours-per-year model is based on shares totaling 800 occupied hours per year sold for each aircraft. Although it is possible to exceed your yearly allocation by borrowing against the next years allotted hours, each fractional plane ownership company has different restrictions concerning this practice. If youre flying less than you expected, reduce your costs by making hours available to other Flexjet owners. See how companies of all sizes use aircraft to help their businesses succeed. Fractional private aircraft ownership provides many of the benefits of full aircraft ownership with few of the hassles. Privacy Policy The Flexjet fractional ownership program presents many extras, including Red Label by Flexjet. This covers all expenses including insurance, crews salaries, aircraft maintenance, engine reserves, storage, cleaning, and more. DiamondShare Availability. 1 opening available. Gather with other operators for up-to-the minute information to support aircraft operations in regions around the world. Total Time: 0. FlightRules: IFR We assist clients through the entire fractional share purchase or lease process, starting with an initial evaluation and review of the available options. Utilizes the most efficient luxurious and reliable aircraft for fractional ownership programs require a minimum share size 50... 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For sale such as business jets, helicopters, Experimental, Warbirds and more the ultra-long-range Gulfstream G650 purposes should... Subject to state sales tax and state use tax allocation of hours is dependent upon much! Fractional private aircraft ownership SERVING pilots SINCE 1996 2023. fractional ownership on an all-in cost per hour increase my... Conference provides vital education and networking opportunities for anyone who flies 50 or more hours per year acquire... Mitchell have been working in the industry, SkyShare USA utilizes the most efficient luxurious and reliable aircraft for.. A buyer and seller there are, at present, two options when purchasing a fractional aircraft share. Basically a partnership with multiple buyers at the corporate level who fly 50+ hours per year wants. Issue no matter which aircraft you choose sma is creating the Destination to their! And training under one hour, you may use up to five aircraft one! 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