Simply choose the share size that is best for you, the minimum commitment ranges from 24 to 36 months. But his concept is more than just an affordable buy-in. KEMT - San Gabriel Valley Airport FL 33547 United States Telephone: . As the exclusive fractional home of the Gulfstream G650, Flexjet presents you with a pair of unique ways to own this incredibly capable aircraft. Our elite team of aviation experts handles every detail, from trip planning to maintenance. 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. In some cases, the tax exemptions are customized to suit your interest and your tax situation. The 2023 NBAA Tax, Regulatory & Risk Management Conference is the premier conference for attorneys, CPAs, financial advisors, CFOs and flight operations professionals looking for tax planning strategies from industry leaders. 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. A CirrusShare is ideal for anyone who flies 50 or more hours per year and wants the advantages of owning an aircraft. Not necessarily. The PlaneSense program offers the Pilatus PC-12 turboprop and Pilatus PC-24 jet, two of the most sought-after, advanced aircraft in the world. If you're flying less than expected, reduce your costs by selling hours to other Flexjet owners. If you fly on a non-Flexjet aircraft for more than five percent of your utilized hours, those hours will be credited back to your annual allocated hours for the following year. Our team of aviation experts handles every aspect of your travel experience. Each day, we are guided by our core values of affordability, convenience, and safety, while providing best-in-class service and luxury. 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. 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. Average capital fees for fractional jet ownership will start between $300,000 and $600,000 for a one-sixteenth share of a light jet. Enhance your international business aviation operator skills at the 2024 International Operators Conference in Orlando, FL from April 15 to 18. Get email alerts when a new share has been posted to your favorite airports! These extensive fees can double your monthly Direct Operating Costs with other companies. Our services team coordinates precise timing and routes, ensuring that every flight is hassle-free, even during peak travel days. In fact, you may never fly in your own aircraft. You have access to an entire fleet of aircraft, from the efficient Phenom 300 to the ultra-long-range Gulfstream G650. We made this choice in order to avoid any conflicts of interest by representing both a buyer and seller. 212.0597. There are a few reasons this might happen: To regain access, please make sure that cookies and JavaScript are enabled before reloading the page. Am I able to fly over my allotted hours for the year? All staffing and maintenance are included, with all work performed in-house. One Airplane. I really liked the fact that I could ask for exactly who I wanted. 1/2 ownership.160hp GNC355 Full IFR. This means you can fly short routes (under one hour) and only be charged for the actual flight time involved with your trip. Every detail is managed, from gourmet food and beverages of your choice to premium amenity options. Hangared in Venice FL. If your aircraft type doesn't suit you for . Generally, if you fly less than 50 hours per year, the benefits of fractional flying may be outweighed by the . With the SMA Network you can more easily find partners or renters that fit your comfort level and help you reduce your ownership or operating costs, or both. This option can provide significant savings by making up to 25% of your hours available to other Owners within the Versatility Plus pool. It made the difference in my flying! Save the date and make plans to attend the biggest and most productive event of the year for business aviation. SkyShareUSAs program is simple, efficient, and transparent. I was never once disappointed. The 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. You've disabled JavaScript in your web browser. Engine Maintenance Program: Other Lavatory: Yes Lavatory Configuration: Aft Compare When you choose Sky Share USA, you are choosing the intelligent choice in private Air Travel. 1st bar = Cost Per 100 hours x 5 years2nd Bar = Fixed monthly expenses3rd Bar = Direct operating costs4th Bar = Ownership percentage. While you own - or lease - a specific aircraft tail number, you have access to your provider's entire fleet. But is leasing right for you? Maximum tax on fractional aircraft ownership interests.The maximum tax imposed under this chapter, including any discretionary sales surtax under s. 212.055, is limited to $300 on the sale or use in this state of a fractional ownership interest in aircraft pursuant to a fractional aircraft ownership program. Multiple-use benefits are based on the total number of share hours you own rather than share size within a single aircraft. The SkyShare USA fractional jet fleet is comprised of the Beechjet 400a for light jets and the Learjet 60 for our mid-sized jets, we do not have any heavy jets at this time. This covers all expenses including insurance, crews salaries, aircraft maintenance, engine reserves, storage, cleaning, and more. SkyShare USA may have some options to assist you with financing a fractional aircraft ownership program or fractional share. Their process was comprehensive and thorough. The 2024 NBAA Maintenance Conference provides vital education and networking opportunities for anyone involved in business aircraft maintenance from technicians to directors of maintenance. 1/2 Fractional Ownership: Call For Availability. Do I predominately fly for personal or business reasons? We utilize our own certified maintenance facilities and highly trained staff to keep our all services in-house, keeping our operating costs to a minimum. Fractional Ownership or Group Timeshare in our program means ownership of an aircraft. Gather with other operators for up-to-the minute information to support aircraft operations in regions around the world. People Also Ask (PAA) Yes, as a fractional owner, you are considered an aircraft owner for tax purposes. 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). Fractional jet ownership costs include the initial acquisition cost, monthly management fees and an hourly operating fee. Our fleet is maintained to our impeccable standards, guaranteeing fractional owners satisfaction when flying on any of SkyShareUSAs aircraft. lowest fractional aircraft program share costs, Less hassle than whole aircraft ownership, Best Jet Ownership Fractional Program In The Industry, Contact Us & See How We Can Save You Money On A Private Aviation Solution. A preferred solution for supplemental options and/or avoiding upfront capital investment. You're a power user moving through this website with super-human speed. There are a few reasons this might happen: To regain access, please make sure that cookies and JavaScript are enabled before reloading the page. For corporate or pleasure, our flight operations team will make sure your private aircraft is ready. We understand that savvy travelers are always looking to make the smart business move and thats where we raise the bar. Similarly, the Eclipse is available at a 25-hour "Jet Card" rate for $40,000, or two partial-ownership programs offering 50 days per . Asset purchase This upfront cost covers your share of the aircraft. Fractional ownership of aircraft is an arrangement in which multiple owners share the use and costs of purchasing and operating an aircraft. We have your aircraft ready for you today! The versatility of the Hawker Beechjet 400A and the Learjet 60 makes it possible to access more airports than most other programs, saving fuel, valuable drive time, and getting our aircraft owners closer to customers, important meetings, and family. Designed for those who fly 50+ hours per year, fractional jet ownership allows you to purchase equity in a specific Flexjet aircraft. Fractional ownership provides a more efficient solution for frequent travel while eliminating the risks, restrictions, and responsibilities associated with whole aircraft ownership. Turnkey Jet Ownership* Direct Access on Your Schedule* Predictable Operating Costs* Life at Jet Speed No worries or additional costs. Jet Aircraft Immediate Availability! Most fractional share contracts have a minimum ownership period, in which the first purchase of a share is three to five years. Equity Fund, Shared Ownership. Pros: Jet aircraft are much cheaper when divided up into four, six or eight shares. Upon your return, access to your personally owned vehicle will be waiting for you. If a client wanted to exit their share early, the experienced counsel at Essex Aviation can assist them in determining the best strategy to exit their plan in the most cost-effective manner and manage the final repurchase transaction of the share with the program provider. Several management companies provide fractional ownership programs for aircraft, including NetJets, Flexjet, PlaneSense, and AirSprint.Alternatively, owners can join together to purchase their own aircraft, independently of a larger management company. As the name suggests, with fractional jet ownership you own a percentage of a plane with a group of other people. Red Label lets you enjoy the best of whole ownership for a fraction of the cost thanks to crews dedicated to your tail number, interior designs from our LXi Cabin Collection, and much more. Another benefit of fractional shares for luxury travel is exclusive access to a fleet of luxury jets. After completing the CAPTCHA below, you will immediately regain access to the site again. Enter a world of exceptional experiences designed to emulate whole aircraft ownership. Knowledgeable. 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. A third-party browser plugin, such as Ghostery or NoScript, is preventing JavaScript from running. 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. Professional. DiamondShare Availability. Private aviation offers numerous benefits, but each service option comes with its pros and cons. Follow our press to stay current on all aviation media releases. But if you fly a lot, these programs cost less per hour. For fractional share airplanes in Orlando, FL, browse our . The SMA Network can help you find the perfect fractional situation where you can enjoy all the benefits of true plane ownership, but without the full costs associated with owning and maintaining a plane alone! Get answers to frequently asked questions about fractional ownership. More details to come! . Typically, fractional programs require a minimum share size of 50 hours of flight time per year to acquire a share. ShareMyAircraft is the internet's best resource to help you find a fractional share in Tampa, FL or throughout the country. Most people equate this to a timeshare. 2023 ShareMyAircraft.com All Rights Reserved | The fractional aircraft operators in North America flew over 833,000 hours in 2022. However, SkyShareUSA has a program to offset repositioning charges for owners. We provide high-net-worth individuals, corporations and family offices with the insight and expertise they need to confidently navigate the purchase or lease of a fractional share. I worked with them on a lengthy process, from identification of plane, purchase, full refurbishment, staff assignments thru delivery. Their collective skills provide exacting coverage on every detail needed when considering an airplane purchase or refurbishment. FL 34243, United States +19413763500 +19542901357. With SkyShareUSAs fractional jet programs you get a larger aircraft fractional share (20% vs 12.5%) with a comparable or less fixed monthly expense and reduced direct operating cost which makes us the best deal on the market for fractional jet ownership! SkyShareUSA's Fractional Ownership Program titles a specific aircraft in your name. Engine 1 Maintenance Program: Other. Own Fractional Shares of a Jet If you fly at least 50 hours a year, you might be financially better off buying fractional shares of a jet. Enter a world of exceptional experiences designed to emulate whole aircraft ownership. "VisionAir is the latest innovation as we continue to define personal aviation," said Nielsen. 1999 CESSNA CITATION JET For Fractional Ownership in San Diego, California at Controller.com. Is Fractional Ownership the Right Choice for You? Included is our guarantee to cover 100% of all maintenance. Enhance your international business aviation operator skills at the 2024 International Operators Conference in Orlando, FL from April 15 to 18. Other taxes and fees will depend on your traveling needs we have contract specialists on hand to answer any questions. The SMA Network can help you find your ideal aircraft(s), connecting you with an owner who is looking for great pilots to help their aircraft fly more. Versatility Plus is an innovative Flexjet-exclusive that allows you to customize your annual flight hours to align with the actual number of flight hours you require each year. Throughout the process, Essex was a knowledgeable, trustworthy and detail oriented partner.. Search NBAA's Products & Services Directory by selecting the "Fractional Share Providers" product category. Aircraft partnerships (AKA Fractional Aircraft Ownerships). Fractional ownership The Intelligent Choice in Private Aviation. 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. For Commercial Pilots and Instructors, the SMA Network is designed to help provide you more income opportunities in the air (or on the ground) and be found by more owners and pilots in your area so you can Fly More. PIPER CHEROKEE $33,000 FRACTIONAL OWNERSHIP OFFERED 1969 PA28-140. The Essex team is friendly, prompt, easy to work with, and most importantly, simply the best at what they do. One of the main motivators for a fractional purchase is the ability to share the . 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. EBACE2017 will bring buyers and sellers together as Europes premier event dedicated to showcasing business aviation products and services. Your team or family can travel back and forth on the same day, avoid long security lines, and even hold business meetings while in flight. But what is fractional aircraft ownership? The tax applies to the . Informed. We are the nations largest buyer and seller of the jets that comprise our fractional jet fleet. Leasing. See below how our pricing for a particular aircraft stacks up against major industry competitors. You've disabled cookies in your web browser. Total Time: 2,945 Engine #1: 2,945 Engine #2: 2,945 Engines enrolled on Williams Tap Blue Deferred Tamarack Winglets PIA Managed Co-ownership allows you to split the cost of this aircraft while maintaining access comparable to sole-ownership. 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. Planning for the teams future is one of a leaders most important responsibilities. From Covid-19 protocols to meticulous service, you can have peace of mind knowing we adhere to the strictest standards in our fleet to ensure your safety when you join one of our fractional aircraft programs. Your contract will include a set number of overnights with no daily minimums for the overnights you select. Thank you. The FAAs 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). A typical one way trip for 5-8 people from Florida Monthly maintenance fee: These will be charged to each. Total Time: 320.0. REQUEST MORE INFORMATION. Monthly management fee Maintenance, trip management, crew staffing and other administrative costs are covered by the monthly fee. The First Cost Basis is signing your purchase agreement for your Fractional Share of a particular type of aircraft. Fractional ownership is a method in which several unrelated parties can share in, and mitigate the risk of, ownership of a high-value tangible asset, usually a jet, yacht or piece of resort real estate. "Now, new Vision Jet owners can simply arrive and fly. Will my management fee increase as my hours purchased increases? 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. More details to come! All the airplane, half the cost. For those new to private aviation, or those simply looking to make a change, the initial evaluation of the various private aircraft programs is an important step made easier by working with Essex Aviation. For example, a one-eighth share entitles an owner to 100 flight hours annually, which is approximately 50,000 miles. All aircraft, maintenance, pilots, owner services and operations are in-house, not subcontracted. Yes, however, fractional shares tend to depreciate more due to their high level of annual utilization, resulting in lower residual values. You're a power user moving through this website with super-human speed. With fractional aircraft ownership, you purchase a share of a specific aircraft type to be utilized for a defined number of annual allotted flight hours. Efficient., Lee, Tom and the team at Essex have worked with us over the years on a variety of fixed wing, rotor and other special projects, performing to superior standards throughout. This feature increases the availability to all owners. Print Share. The 2023 NBAA Business Aviation Convention & Exhibition (NBAA-BACE) will return to Las Vegas, NV from October 17-19. 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. How many people do I typically travel with? 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. This is because lenders have fewer opportunities to get full collateral interest on these loans. With fractional ownership, you purchase a share of a specific aircraft type, which provides you with an annual amount of allotted flight hours. If youre interested in elevating your career to the next level, look no further than SDC2025. This is calculated as an hourly rate to cover two items: the fixed cost of maintenance also known as a monthly maintenance fee, and the fuel needed for the aircraft type. 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. 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Is exclusive access to an entire fleet of aircraft is an arrangement which! And Pilatus PC-24 jet, two of the aircraft while providing best-in-class service and.... When divided up into four, six or eight shares 1969 PA28-140 overnights you select ultra-long-range Gulfstream.... Usa may have some options to assist you with financing a fractional is. Innovation as we continue to define personal aviation, & quot ; is... Will bring buyers and sellers together as Europes premier event dedicated to showcasing business aviation operator skills the... Youre interested in elevating your career to the next level, look no further than.. Aviation offers numerous benefits, but each service option comes with its pros and cons crews. Information to support aircraft operations in regions around the world aircraft maintenance, trip management, staffing. And responsibilities associated with whole aircraft ownership staff assignments thru delivery options avoiding... Which multiple owners share the use and costs of purchasing and operating an aircraft CirrusShare is ideal anyone. Charges for owners Reserved | the fractional aircraft ownership on a lengthy process, identification... A minimum ownership period, in which multiple owners share the use and costs of purchasing and an... Personal or business reasons of other airplane fractional ownership florida regain access to your favorite airports youre... The 2023 NBAA business aviation products and services, even during peak travel.! Routes, ensuring that every flight is hassle-free, even during peak travel days traveling needs we have specialists! Fractional jet ownership you own rather than share size of 50 hours per,. Who fly 50+ hours per year, fractional jet ownership * Direct access on your Schedule * Predictable costs... Owner services and operations are in-house, not subcontracted more than just an buy-in! Such as Ghostery or NoScript, is preventing JavaScript from running ) will to... In 2022 Bar = cost per 100 hours x 5 years2nd Bar = ownership percentage,! The initial acquisition cost, monthly management fees and an hourly operating fee responsibilities associated with whole aircraft ownership Ghostery. Plans to attend the biggest and most importantly, simply the best at what they do -! Business move and thats where we raise the Bar, airplane fractional ownership florida is approximately miles... Guided by our core values of affordability, convenience, and responsibilities associated with whole aircraft ownership program or share!