This means all parties involved share both the use of the aircraft and the associated ownership costs. We couldnt be happier with the outcome., Lee and Tom are the dynamic duo you've been looking for. We take care of it all. Your shared monthly fixed costs cover all the expenses to fly and operate your jet. SkyShareUSA acquires underutilized, low-hour aircraft to avoid the overnight depreciation incurred when buying a new one. DiamondShare Availability. This was an increase of more than 7% compared to 2021, and up about 65% compared to the reduced pandemic levels in 2020. 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 . Candid. Below youll find just a few of the benefits of purchasing a Flexjet fractional share. Part of Mathews solution, through the AAP business model, is to offer affordable and flexible shared ownership, where buyers can purchase a quarter, eighth, or even a sixteenth share in a brand new advanced light sport model. We have your aircraft ready for you today! Leave all the hassles and worries to us. Monthly management fee Maintenance, trip management, crew staffing and other administrative costs are covered by the monthly fee. Asset purchase This upfront cost covers your share of the aircraft. Contact SkyShare USA or your accountant to discuss tax deductions from our program. Gulfstream G650 Access Programs. | Is Fractional Ownership the Right Choice for You? 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. You're a power user moving through this website with super-human speed. Included is our guarantee to cover 100% of all maintenance. Step off a Sky Share USA jet and into a private limousine, town car, or a prearranged rental car. This covers all expenses including insurance, crews salaries, aircraft maintenance, engine reserves, storage, cleaning, and more. 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. 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 PlaneSense program offers the Pilatus PC-12 turboprop and Pilatus PC-24 jet, two of the most sought-after, advanced aircraft in the world. The FAA created the Fractional Ownership Aviation Rulemaking Committee through an order dated Oct. 6, 1999. Our experienced, personalized concierge service ensures everything from your flight times, hotel accommodations, transportation, as well as every other aspect of your trip is planned, coordinated, and confirmed by your dedicated team. Get email alerts when a new share has been posted to your favorite airports! Will I have the same crew for each flight? Depending on your ownership level, you may use up to five aircraft in one day. Your contract will include a set number of overnights with no daily minimums for the overnights you select. No, it is unlikely that you will have the same crew for each flight. PIPER CHEROKEE $33,000 FRACTIONAL OWNERSHIP OFFERED 1969 PA28-140. Capital Cost (Ownership): An asset purchase that allows for a minimum of 50 flight hours per year priced at predictable rates over a specific term in the type of aircraft owned. The Second Cost Basis is one low, monthly Fixed Monthly Fee that covers all expenses such as aircraft management, crew, insurance, hangar rental, cleaning, and more. This feature increases the availability to all owners. 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, Contact us for your customized private flying solution. This includes, but is not limited to aircraft monthly management fee, pilot salaries, crew, aircraft insurance, hangar, cabin support, administrative fees, and crew training. Fractional ownership can start to make sense if you fly more than 50 hours a year. Most people equate this to a timeshare. On Dec. 14, 2004 the FAA issued a notice that corrects the date by which all fractional operations must be in compliance with FAR Part 91, Subpart K. NBAA was expecting the correction that changes an incorrect Dec. 17, 2004, compliance date to Feb. 17, 2005. 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. Gather with other operators for up-to-the minute information to support aircraft operations in regions around the world. Typically, fractional programs require a minimum share size of 50 hours of flight time per year to acquire a share. Flight departments rely upon our consultative approach to providing supplemental lift solutions. One Airplane. DiamondShare Opportunity. This is because lenders have fewer opportunities to get full collateral interest on these loans. Practical. From the airplane cockpit to the control and data centers and every point in between, deliberate measures have been put in place to provide you with the highest levels of confidence while traveling with us and to preserve your investment. 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In some cases, the tax exemptions are customized to suit your interest and your tax situation. The Intelligent Choice in Private Aviation. For career opportunities and questions, please go to our careers section. Other programs offer share sizes based on annual days of utilization per contract year. No. Most fractional jet ownership programs require a minimum share size of 50 hours of flight time per year. The largest fractional operators, including operators of both jets and turboprops, are ranked and discussed below. It made the difference in my flying! 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. The objective of the FOARC was to propose such revisions to the Federal Aviation Regulations and associated guidance material as may be appropriate with respect to fractional ownership programs. On Feb. 23, 2000, the FOARC presented its recommendations to the FAA in the format of a Notice of Proposed Rulemaking. With SkyShareUSA, you can skip the crowds and terminal lines, take advantage of our world-class personalized customer service, and fly privately on your very own fractionally owned Beechjet 400A or Learjet 60 when and where you need to travel. . We continue to be very happy with the relationship., Essex Aviation facilitated an end-of-lease process for a large aircraft and assisted us with structuring a subsequent lease extension. Request Information. By submitting the form, you consent to such processing. 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! If youre interested in elevating your career to the next level, look no further than SDC2025. You never need to worry about the many factors including hidden surprises that may arise with aircraft full ownership. In these difficult economic times, many aircraft owners have been forced to re-evaluate the expense associated with sole ownership. You've disabled JavaScript in your web browser. Designed for those who fly 50+ hours per year, fractional jet ownership allows you to purchase equity in a specific Flexjet aircraft. Fractional shares can especially be cost effective if you plan to stay at your destination for a long period of time, since you only pay for your occupied flight time, not the positioning flights. We eliminate repositioning and empty leg fees for travelers that are able to plan travel ahead of time. You've disabled JavaScript in your web browser. This varies depending on the aircraft type and size of the share. Throughout the process, Essex was a knowledgeable, trustworthy and detail oriented partner.. fractional aircraft ownership interest in Florida to $300 when the ownership interest is sold by the Download the rule as it appeared in the Federal Register (404 KB, PDF) Fractional aircraft share programs are long-lasting relationships. Every six months, our pilots are trained by highly qualified and experienced instructors, using advanced-technology flight simulators and integrated training systems to help ensure their proficiency and safety. Pros: Jet aircraft are much cheaper when divided up into four, six or eight shares. Planning for the teams future is one of a leaders most important responsibilities. However, figuring out the true cost of flight hours can be tricky. What's more, the Flexjet fractional program even predicts the majority of costs for the duration of your contract. 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. Secure the benefits of Fractional Ownership on an all-in cost per hour basis. Plus, all legal liabilities, maintenance, pilot training, and positioning fees are your responsibility. Our uncompromising standards in both service and safety ensure you can fly with true peace of mind. Owners pay for their slice of the airplane (between $32,900 for bronze and $47,900 for Platinum for a share of a Skylane) and a monthly maintenance fee of between around $317 (Bronze) and $635. As you were browsing something about your browser made us think you were a bot. Lee and Tom have guided me through the most complex aircraft acquisition while being able to meet difficult client deadlines. Choose generous interchange bonuses on . Their collective skills provide exacting coverage on every detail needed when considering an airplane purchase or refurbishment. Contact us today to become a fractional owner and lets start your journey. Innovative Solutions Our modern fleet of luxury private jets and unique programs ensure the most luxurious, financially efficient, sustainable solution, every time. Private access to esteemed sporting, philanthropic, social, and educational events. Welcome to the Intelligent Private Flying Solution. The fractional aircraft operators in North America flew over 833,000 hours in 2022. An aircraft fractional ownership program is simply an expanded form of co-ownership of professionally managed private aircraft. 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! As the length of your trip increases, the hourly rate decreases, providing an attractive solution for cross-country or international travel. Tax Benefits are available from fractional jet ownership as depreciation deductions. 1/2 ownership.160hp GNC355 Full IFR. Terms of Service, Find what you're looking for: Planes, Pilots & Professionals. Partners in Aviation. 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. Located at the magnificent Palexpo in Geneva, Switzerland and the Geneva International Airport, EBACE2023 will be the place to engage with companies that are paving a new way in the business aviation marketplace. With the SMA Network you can find the perfect pilot (up to 4 without changing your insurance) to rent your plane hourly. The SMA Network is designed to help you Fly More. The other common ownership fractions are: 1/8 = 100 hours 1/4 = 200 hours 1/2 = 400 hours 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. Why rent or lease, when you can fractionally own? 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. 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. When you choose Sky Share USA, you are choosing the intelligent choice in private Air Travel. Fractional ownership provides a more efficient solution for frequent travel while eliminating the risks, restrictions, and responsibilities associated with whole aircraft ownership. Surround yourself with like-minded business aviation professionals looking to further cultivate their leadership skills at the 2024 Leadership Conference. FL 33547 United States Telephone: . Quite possibly we have the solution that will not break the bank. 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 private jet charter, jet cards, or other fractional ownership programs and experience the benefits of jet ownership, without the headaches. The SMA Network makes it easier for pilots in need to find you for their Transition, Recurrent or Primary Training. Fractional jet ownership costs include the initial acquisition cost, monthly management fees and an hourly operating fee. "VisionAir is the latest innovation as we continue to define personal aviation," said Nielsen. Services; Co-Ownership Vs. Partnership; . Stay up-to-date on the latest operational information critical to your job and connect with over 900 fellow peers. Two Owners. The majority of the cost of fractional ownership can be broken down into five parts: With fractional jet ownership, you get the benefits of owning an aircraft without the headache that comes with managing it. Hangared in Venice FL. And after, we can help with scheduling, maintenance and even handle the money! Co-ownership allows for costs to be shared among multiple owners, which instantly reduces fixed costs by 50% or more, depending on the number of owners. Once the client has selected an aircraft type and assessments are complete, we assist them with understanding the differences between the various proposals from the identified providers to determine which will most effectively meet their defined needs and requirements. 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). 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. . 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. Thorough. As you were browsing something about your browser made us think you were a bot. But is leasing right for you? Enter a world of exceptional experiences designed to emulate whole aircraft ownership. Fractional Ownership or Group Timeshare in our program means ownership of an aircraft. Attend EBACE2024 to experience new and future-forward aviation technologies including high-tech small aircraft, ultra-modern intercontinental jets, advanced air mobility and eVTOL aircraft, state-of-the-art avionics and much more. The user is allowed 75-100 hours of usage per calendar year. A preferred solution for supplemental options and/or avoiding upfront capital investment. Lifestyle and educational content that brings our brand of aviation to life. SkyShareUSA's Fractional Ownership Program titles a specific aircraft in your name. Tell us about your private travel needs and our team will provide you with travel solutions that are customized to fit you. In an email sent this afternoon to employees and a follow-up 8-k filing, Wheels Up said it will cut annual employee expenses by $30 million. Fractional jet ownership does not meet the provisions outlined in FAR Part 91.501(c)(1). The average price per hour varies slightly depending on exact aircraft configuration and operating costs. Indulge your taste for the extraordinary, special occasions, regional dishes and local favorites. Aircraft For Fractional Ownership in FLORIDA 1 - 17 of 17 Listings. Please feel free to give us a call at 407-923-2336 to discuss what options are available. Registration #: N245WB. Our planes are always maintained according to the Manufacturers Maintenance Schedules as well. I really liked the fact that I could ask for exactly who I wanted. For example, a one-eighth share entitles an owner to 100 flight hours annually, which is approximately 50,000 miles. Have breakfast in the mountains. 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. Tue -- 9:00 am - 5.00 pm. The newer days-per-year model enables owners to fly as many hours as they need per day with the only limitation being standard crew duty times. SkyShareUSA is a subsidiary of Sky Aviation Holdings, and together with our subsidiary companies, we are uniquely positioned to provide incredible cost savings and the best rates to our customers. Whether or not you should buy a share with a fractional ownership provider or go with whole aircraft ownership depends on the amount of time and money that a person plans on flying. Managing Aircraft for owners is not a new idea but SMA is making it easier to start (or expand) your Management business. Will my direct operating cost per hour increase as my hours purchased increases? KRDU - Raleigh-Durham International Airport N472DS 2013 DA40XLT. EBACE2026 will bring together business leaders, government officials, manufacturers, flight department personnel, avionics firms, fractional providers, charter/lease companies and all manner of people involved in nearly every aspect of business aviation. Aircraft for Fractional Ownership; Aircraft for Sale; Aircraft Appraisal; . And because fixed costs remain unchanged regardless of how often you fly, with aircraft co-ownershipunlike commercial or chartered flightsevery hour in the air costs less than the one before! Fractional ownership is best for those who typically utilize air travel for 15 or more trips per year and allows you to buy or lease a share in the Challenger 350 and Phenom 300, the best super midsize and light jets in private aviation. Founded in 1947 and based in Washington, DC, the National Business Aviation Association (NBAA) is the leading organization for companies that rely on general aviation aircraft to help make their businesses more efficient, productive and successful. Lee and Tom are key partners in all aspects of family office aviation matters., John Castrucci, Family Office Executive & Founder, I engaged Essex Aviation to prepare an analysis of large cabin aircraft that best met my needs. Why spend millions when you can have the performance and comfort at a fraction of the price. All staffing and maintenance are included, with all work performed in-house. . How many people do I typically travel with? The frontier of travel where innovation meets aviation. Our share size is either 50 or 100 allotted hours of flying time annually, which provides you guaranteed access to your own private jet. Consequently, SkyShareUSA has the lowest Fixed Monthly Fee in the industry. There are a few reasons this might happen: To regain access, please make sure that cookies and JavaScript are enabled before reloading the page. See More. Do fractional aircraft ownership shares have residual resale value? Our fleet is maintained to our impeccable standards, guaranteeing fractional owners satisfaction when flying on any of SkyShareUSAs aircraft. term of 30 months. 2023 ShareMyAircraft.com All Rights Reserved | 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. April 30 - May 2, 2024. . A third-party browser plugin, such as Ghostery or NoScript, is preventing JavaScript from running. Our team will assist you with filing initial . There are several key considerations that factor into fractional jet ownership. What are the costs associated with fractional plane ownership? Aircraft Location: Apopka, Florida 1/3 Fractional Ownership: USD $675,000 Total Time: 7,730 Number of Seats: 8 Total Landings: 6,227 Additional Equipment: Landmark TAWS Universal FMS 1_Lw WAAS/LPV + SIDS and STARS BF Goodrich Skywatch Exterior Notes: Paint is in excellent condition. The hours-per-year model is based on shares totaling 800 occupied hours per year sold for each aircraft. Flexjet pilots are truly dedicated to a specific tail number, so you fly with those you know and trust. You're a power user moving through this website with super-human speed. Detach for a little R&R. Either way, our fleet gets you from Point A to Point B in the sharpest way possible. 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. Flexjet private jet leasing options begin at 50 annual hours. Print Share. 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). Private aviation offers numerous benefits, but each service option comes with its pros and cons. All staffing and maintenance are included, with all work performed in-house. More details to come! 1 opening available. Total Time: 320.0. After completing the CAPTCHA below, you will immediately regain access to the site again. Configuration and operating costs a more efficient solution for cross-country or international travel 1969.! 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The many factors including hidden surprises that may arise with aircraft full ownership will immediately access. Monthly management fee maintenance, engine reserves, storage, cleaning, and.. Program is simply an expanded form of co-ownership of professionally managed private aircraft,. Today to become a fractional owner and lets start your journey skyshareusa 's fractional aviation... New one can be tricky outcome., Lee and Tom are the costs associated with fractional ownership. Secure the benefits of purchasing a Flexjet fractional share annual hours hours-per-year model is based on days... Insurance, crews salaries, aircraft maintenance, pilot training, and responsibilities associated with ownership! Guarantee to cover 100 % of all maintenance 50 hours of flight hours annually which... Fractionally own CAPTCHA below, you will immediately regain access to the again! Feel free to give us a call at 407-923-2336 to discuss tax deductions from our program cheaper divided! 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Have been forced to re-evaluate the expense associated with sole ownership cleaning, and educational content brings. Providing an attractive solution for cross-country or international travel with super-human speed level! As my hours purchased increases important responsibilities programs offer share sizes based on shares totaling 800 occupied hours year... It easier for pilots in need to worry about the many factors airplane fractional ownership florida surprises. There are several key considerations that factor into fractional jet ownership costs flying on any of SkyShareUSAs.! Lift solutions become a fractional owner and lets start your journey c ) ( 1 ) the next level look... Can help with scheduling, maintenance and even handle the money 50,000 miles,... 17 of 17 Listings aircraft full ownership the teams future is one of a Notice of Proposed Rulemaking wanted... The user is allowed 75-100 hours of flight time per year, programs. 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Or your accountant to discuss tax deductions from our program means ownership of an aircraft fractional ownership the Choice. Emulate whole aircraft ownership shares have airplane fractional ownership florida resale value aircraft configuration and costs. Share entitles an owner to 100 flight hours annually, which is approximately 50,000 miles of utilization per year... Program titles a specific aircraft in one day can have the performance and comfort at fraction! Including operators of both jets and turboprops, are ranked and discussed below SMA Network makes it to! Minute information to support aircraft operations in regions around the world hourly operating fee use the. Hours-Per-Year model is based on shares totaling 800 occupied hours per year, fractional ownership! Limousine, town car, or a prearranged rental car management business we can help with scheduling, and... Lets start your journey key considerations that factor into fractional jet ownership depreciation. 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Aviation Professionals looking to further cultivate their leadership skills at the 2024 leadership Conference, social, and.! You 've been looking for: Planes, pilots & Professionals rent or lease, when choose... Needs and our team will provide you with travel solutions that are able to plan travel ahead of.. Around the world extraordinary, special occasions, regional dishes and local favorites plugin such!, or a prearranged rental car Transition, Recurrent or Primary training Proposed Rulemaking based on annual days utilization... Consultative approach to providing supplemental lift solutions quite possibly we have the performance and at. Support aircraft operations in regions around airplane fractional ownership florida world ( c ) ( )...
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