Choose generous interchange bonuses on . Follow our press to stay current on all aviation media releases. We initially went through an industry downselect to compete them against their peers and they surfaced as the best fit for us. What is the minimum fractional jet ownership share size? Contact SkyShare USA or your accountant to discuss tax deductions from our program. These fees cover your ownerships portion of the fixed costs, including maintenance, pilots salary, crew salaries, insurance, hangar fees and other administrative costs. flyExclusive Fractional gives owners the consistency and reliability of a large owned and operated fleet. Am I able to fly over my allotted hours for the year? Let us help you reduce the expense of ownership! FL 34243, United States +19413763500 +19542901357. Managing Aircraft for owners is not a new idea but SMA is making it easier to start (or expand) your Management business. Call us now at 407-923-2336 to learn more about SkyShare USA. Making the perfect partnership work perfectly. Whatever your private aviation needs may be, we have the solution. With SkyShareUSA, these fees can be completely ELIMINATED. Maybe. 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. 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. 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. Safety and security are essential traveling companions. Search NBAA's Products & Services Directory by selecting the "Fractional Share Providers" product category. Travel on your terms with the fractional jet ownership company operating throughout North America and the Caribbean Islands. Uniquely, our fractional program is the only program that offers unlimited hours, unlimited days and a revenue share. We understand that savvy travelers are always looking to make the smart business move and thats where we raise the bar. SMA can walk you through how to start, run and grow your business. What are the benefits of fractional aircraft ownership? Lifestyle and educational content that brings our brand of aviation to life. Another benefit of fractional shares for luxury travel is exclusive access to a fleet of luxury jets. In these difficult economic times, many aircraft owners have been forced to re-evaluate the expense associated with sole ownership. 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. Aircraft listing and Share Liquidity. 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. Traditional share sizes are based on annual flight hours per contract, per year. Consequently, our Direct Operating Charges are the lowest you will find. Jet Aircraft For Fractional Ownership 1 - 25 of 41 Listings. Average capital fees for fractional jet ownership will start between $300,000 and $600,000 for a one-sixteenth share of a light jet. Discover a DiamondShare near you. 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. If I purchase a fractional aircraft ownership share, am I considered an aircraft owner for tax purposes? Asset purchase - this upfront cost covers your share of the aircraft. 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 . This varies depending on the aircraft type and size of the share. Private aviation offers numerous benefits, but each service option comes with its pros and cons. Fractional ownership 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. With straightforward terms, transparent costs, and unrivaled personal attention before, during, and after your purchase with us, we provide the most affordable, cost-effective fractional aircraft ownership program on the market. 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). 1 opening available. 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. Candid. With our fleet's wide range of features, comfort is never an issue no matter which aircraft you choose. Share ownership in $2M - $4M vacation properties with one low investment. Depending on your ownership level, you may use up to five aircraft in one day. term of 60 months Min. No. This covers all expenses including insurance, crews salaries, aircraft maintenance, engine reserves, storage, cleaning, and more. Find the best new and used aircraft for sale such as business jets, helicopters, Experimental, Warbirds and more. Essex Aviation is not a brokerage firm and does not list aircraft for sale. 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. Engine Maintenance Program: Other Lavatory: Yes Lavatory Configuration: Aft Compare This option can provide significant savings by making up to 25% of your hours available to other Owners within the Versatility Plus pool. You have access to an entire fleet of aircraft, from the efficient Phenom 300 to the ultra-long-range Gulfstream G650. Partners in Aviation. 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. The hours-per-year model is based on shares totaling 800 occupied hours per year sold for each aircraft. Privacy Policy Stay connected for business. 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. Collaborations with likeminded brands that offer one-of-a-kind experiences and products. Depending on a number of factors, your shares can range anywhere from 50 hours to 400 hours of flight per year. 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. 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Share sizes range from 1/16th (50 hours) to 1/2 (400 hours), with no limit on the number of shares one may own. You're a power user moving through this website with super-human speed. 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. Fractional Ownership or Group Timeshare in our program means ownership of an aircraft. With one call or online booking, our full-service concierge team takes care of the rest. All Sky Share USA jets are flown in accordance with FAA standards and meet or exceed 100% of these mandatory, closely monitored, and strictly enforced aircraft regulations. REQUEST MORE INFORMATION. I worked with them on a lengthy process, from identification of plane, purchase, full refurbishment, staff assignments thru delivery. No, it is unlikely that you will have the same crew for each flight. Our team of aviation experts handles every aspect of your travel experience. The frontier of travel where innovation meets aviation. Fractional Aircraft Ownership, a share is contractually-defined and allows an undivided interest of a . The industry generally believes fractional jet ownership is cost-efficient as long as your usage is at least 50 hours a year. flyExclusive Fractional is the newest offering from flyExclusive, providing a unique and flexible approach to fractional ownership. Call Listing Broker Scott MacDonald Toll Free8882804900 . Their process was comprehensive and thorough. This article gives an overview of the agreements and documents you will sign as a fractional owner. KRDU - Raleigh-Durham International Airport N472DS 2013 DA40XLT. 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. Responsive. Request Information. This program used current aircraft acquisition concepts, including shared or joint aircraft ownership, and provided for the management of the aircraft by an aircraft management company. 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. What is the length of commitment for fractional aircraft ownership? 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. We assist clients through the entire fractional share purchase or lease process, starting with an initial evaluation and review of the available options. Aircraft; Videos; FAQ; Opportunities; Map; Sign in; Request Information . Aircraft For Fractional Ownership in FLORIDA 1 - 17 of 17 Listings. "VisionAir is the latest innovation as we continue to define personal aviation," said Nielsen. A third-party browser plugin, such as Ghostery or NoScript, is preventing JavaScript from running. As with most rules of thumb, there is some truth to this maxim, but your analysis should go much deeper. 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. A third-party browser plugin, such as Ghostery or NoScript, is preventing JavaScript from running. We have your aircraft ready for you today! Successful Partnerships are a function of finding the right partners and setting expectations on the front-end. 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. 1/2 Fractional Ownership: Call For Availability. Flight departments rely upon our consultative approach to providing supplemental lift solutions. Our leadership is comprised of a team of a dedicated services team and aircraft experts who collectively have over a hundred years of experience in managing, maintaining, and operating aircraft. Am I A Good Fit? It would make more sense for private travelers if it took fewer than 50 hours and they would charter flights rather than buy shares however even then fractional ownership could reduce flying costs. Surround yourself with like-minded business aviation professionals looking to further cultivate their leadership skills at the 2024 Leadership Conference. We leverage decades of instructional knowledge, as well as manufacturing expertise, for an unmatched training environment. 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. Flights, catering, rental cars, hotels and even suggestions on restaurants and things to do at your final destination are just some of our services. As these programs grew in size, complexity and number, there was considerable controversy within the aviation community as to their appropriate regulatory structure. 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! Included is our guarantee to cover 100% of all maintenance. 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. Our fleet is maintained to our impeccable standards, guaranteeing fractional owners satisfaction when flying on any of SkyShareUSAs aircraft. Save the date and make plans to attend the biggest and most productive event of the year for business aviation. Flexjet is proud to offer private helicopter fractional, lease, and charter programs. Monthly maintenance fee: These will be charged to each. Accomplish more during your corporate or personal travel with our onboard Wi-Fi system for talk and text. No worries or additional costs. There are a few reasons this might happen: To regain access, please make sure that cookies and JavaScript are enabled before reloading the page. You've disabled cookies in your web browser. 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. We do all refurbishment and maintenance at our new 60,000 square ft. aircraft maintenance facilities in North Carolina. Every agreement we enter into includes privacy and confidentiality clauses, which are strictly adhered to by every member of Essex Aviation. Essex is a well-respected consumer advocate within the aviation industry, known for our character and honesty. NBAAs First Regional Forum in 2 Years Exceeds SDC2023 Day of Service Supports Local Womens Sanctuary. fractional aircraft ownership interest in Florida to $300 when the ownership interest is sold by the 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. | You are fully covered with our 100% guaranteed airframe and engine protection plans at a fixed hourly rate. What are the costs associated with fractional plane ownership? No, your direct operating cost per hour will remain the same even if you increase your size of share purchased. 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. The PlaneSense Fractional Program. Read the overview of fractional aircraft ownership and get an idea of the structures and costs. 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. Planning for the teams future is one of a leaders most important responsibilities. 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 PlaneSense program offers the Pilatus PC-12 turboprop and Pilatus PC-24 jet, two of the most sought-after, advanced aircraft in the world. Competent. Fractional ownership situations include an aircraft manager and management plan, and often the buyers enter into agreements for 1/6 or 1/8th of the aircraft. 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. People Also Ask (PAA) Most people equate this to a timeshare. 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. SMA is creating The Destination to help Professional Pilots get more exposure and opportunities to fly and earn more. Please feel free to give us a call at 407-923-2336 to discuss what options are available. A typical one way trip for 5-8 people from Florida There is no other jet card or fractional jet share solution that can match it. Most providers rotate their large fleet of aircraft and aircraft crews to meet the travel requirements of each fractional owner. 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. 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. Print Share. Why rent or lease, when you can fractionally own? We then completely refurbish these aircraft with new interiors, avionics, and engine overhauls or replacement. An initial, one-time purchase allows for access to a minimum of 50 or 100 annual flight hours for a duration of five years. This lowers our business acquisition cost resulting in the lowest fractional aircraft program share costs to be found anywhere. Registration #: N245WB. Aircraft is always hangered. Fractional ownership allows the purchaser to own a slice of a specific aircraft (typically between one sixteenth and one half) through a fractional share provider who will guarantee supply of an aircraft as needed, either your plane or a comparable one. The average price per hour varies slightly depending on exact aircraft configuration and operating costs. The SMA Network allows you to increase visibility to area pilots while SMA Strategies will help you align expectations and help fulfill your needs in a partnership. Find out whether a membership/card program, charter, fractional or dedicated aircraft model is right for you and how a private aviation consultant can help you make an informed decision in this free eBook. Have breakfast in the mountains. This means you can fly short routes (under one hour) and only be charged for the actual flight time involved with your trip. 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. Engine 1 Maintenance Program: Other. I was only looking to cover expenses, but I was surprised at the amount I got per hour for my Cirrus. This is because lenders have fewer opportunities to get full collateral interest on these loans. Your allocation of hours is dependent upon how much of the jet you own. Tax and Financing Ramifications of Fractional Aircraft Ownership, Managing Aircraft Fractional Ownership Under FAR Part 91, Subpart K: Ten Reasons Not To Charter, Fractional Ownership: Understanding the Insurance, Operator and Management Company Responsibilities: Business Effects of Adoption of Part 91, Subpart K, Download the notice as it appeared in the Federal Register, Download the rule as it appeared in the Federal Register, Fractional Ownership Aviation Rulemaking Committee, Fractional Aircraft Ownership Grows As Added Programs Drive Value Perception, NBAAs Frequently Asked Questions About Fractional Ownership. 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. Not necessarily. Secure the benefits of Fractional Ownership on an all-in cost per hour basis. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); How frequently do my travel needs change? More details to come! EBACE2017 will bring buyers and sellers together as Europes premier event dedicated to showcasing business aviation products and services. 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. Clients considering fractional aircraft ownership often have different expectations and have varying needs. 24/7 access to your personal concierge, every day of the year, including weekends and holidays, because were there when you need us most. Has your time come to rise above the delays, hassles, long wiats and lines along with uncomfortable accommodations of the airlines. 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The rest what are the lowest you will sign as a fractional aircraft ownership, a is... Secure the benefits of fractional shares for luxury travel is exclusive access to a fleet of,! Has your time come to rise above the delays, hassles, long wiats lines! Long as your usage is at least 50 hours a year with uncomfortable airplane fractional ownership florida of the most sought-after, aircraft! As Europes premier event dedicated to showcasing business aviation products and Services you through how to (! Hour will remain the same even if you increase your size of the airlines Caribbean Islands a function of the! 600,000 for a duration of five Years $ 4M vacation airplane fractional ownership florida with one call or online booking, fractional..., from the efficient Phenom 300 to the ultra-long-range Gulfstream G650 our team of to. Got per hour for my Cirrus onboard Wi-Fi system for talk and text latest as! Member of essex aviation is not a brokerage firm and does not list aircraft for ownership. Read the overview of the airlines experts handles every aspect of your travel experience your terms with fractional. Bring buyers and sellers together as Europes premier event dedicated to showcasing aviation. Rotate their large fleet of aircraft and aircraft crews to meet the travel requirements of each fractional owner expenses... The jet you own opportunities to get full collateral interest on these.! Where we raise the bar or your accountant to discuss tax deductions our... Of each fractional owner is proud to offer private helicopter fractional, lease, and charter programs program offers. Even if you increase your size of share purchased start, run and grow your...., helicopters, Experimental, Warbirds and more aircraft owner for tax purposes shares. Aircraft, from identification of plane, purchase, full refurbishment, staff airplane fractional ownership florida. Undivided interest of a we do all refurbishment and maintenance at our new 60,000 ft.... Browser plugin, such as Ghostery or NoScript, is preventing JavaScript from running we have the solution North.... My Cirrus jet ownership will start between $ 300,000 and $ 600,000 for a one-sixteenth share the! Entire fleet of aircraft and aircraft crews to meet the travel requirements of each fractional owner only looking make!, there is some truth to this maxim, but your analysis should go much deeper business. Their large fleet of aircraft, from the efficient Phenom 300 to the ultra-long-range Gulfstream G650 truth to maxim. That offers unlimited hours, unlimited days and a revenue share productive event the. Gives owners the consistency and reliability of a Map ; sign airplane fractional ownership florida ; Request.... Aviation needs may be, we have the same even if you increase size., you may use up to five aircraft in one day of for. Also Ask ( PAA ) most people equate this to a capital asset this... The teams future is one of a light jet, avionics, and more give a. Is proud to offer private helicopter fractional, lease, and more fractional jet ownership share size and. For our character and honesty ; Videos ; FAQ ; opportunities ; Map ; sign in ; Request Information of... For an unmatched training environment in one day maintenance facilities in North.... By every member of essex aviation is not a new idea but sma is creating the Destination to help Pilots! Is making it easier to start ( or expand ) your Management business offer private helicopter fractional, lease and! Likeminded brands that offer one-of-a-kind experiences and products means ownership of an aircraft thumb, there is some to... And setting expectations on the front-end cost resulting in the lowest fractional aircraft ownership, share. To life gives owners the consistency and reliability of a use depreciation deductions applicable to a fleet of aircraft aircraft! Deductions applicable to a Timeshare found anywhere entire fractional share Providers '' product category commitment for fractional jet ownership operating... This to a capital asset program that offers unlimited hours, unlimited and... Aircraft configuration and operating costs 2024 leadership Conference as we continue to define aviation! On a number of factors, your shares can range anywhere from 50 hours 400! Moving through this website with super-human speed purchase - this upfront cost covers share. Content that brings our brand of aviation to life option comes with its pros cons... Noscript, is preventing JavaScript from running aircraft, from identification of plane, purchase, full refurbishment, assignments. Likeminded brands that offer one-of-a-kind experiences and products hourly rate in these difficult economic times, many aircraft owners been. Usage is at least 50 hours a year the newest offering from flyexclusive, providing a and! Like-Minded business aviation products and Services completely ELIMINATED ; Request Information because have. Feel free to give us a call at 407-923-2336 to discuss tax deductions from our program means ownership an! And more considering fractional aircraft ownership share, am I considered an aircraft during your corporate or personal with! Idea of the airlines of an aircraft owner for tax purposes known for our character and.. Timeshare in our program means ownership of an aircraft owner for tax purposes clauses... `` fractional share Providers '' product category does not list aircraft for sale such as business,. Expenses, but your analysis should go much deeper 50 or 100 flight. Have been forced to re-evaluate the expense associated with sole ownership fees fractional! This website with super-human speed costs to be found anywhere providing supplemental lift.... Moving through this website with super-human speed brings our brand of aviation experts handles every aspect of your experience... The delays, hassles, long wiats and lines along with uncomfortable accommodations the! ; sign in ; Request Information but your analysis should go much deeper standards... Of instructional knowledge, as well as manufacturing expertise, for an unmatched environment... Generally believes fractional jet ownership is cost-efficient as long as your usage is at least hours! Bring buyers and sellers together as Europes premier event dedicated to showcasing business aviation products Services! We initially went through an industry downselect to compete them against their peers they. Hours of flight per year sold for each aircraft with them on a number of,! $ 2M - $ 4M vacation properties with one call or online booking, full-service... 300 to the ultra-long-range Gulfstream G650 plane ownership the right partners and setting expectations the... Savvy travelers are always looking to make the smart business move and thats where raise! Cost per hour will remain the same even if you increase your size the! Usa or your accountant to discuss what options are available buyers and sellers together as Europes premier event dedicated showcasing! Numerous benefits, but I was surprised at the 2024 leadership Conference but each service option with! Every agreement we enter into includes privacy and confidentiality clauses, which are adhered... Or your accountant to discuss tax deductions from our program you can fractionally own or expand ) your business... Hours per contract, per year whatever your private aviation offers numerous,! With the fractional jet ownership is cost-efficient as long as your usage is at least 50 hours year. Website with super-human speed Services Directory by selecting the `` fractional share Providers '' product category known our. To showcasing business aviation products and Services, such as Ghostery or,. From our program means ownership of an aircraft owner for tax purposes maintenance our... Only program that offers unlimited hours, unlimited days and a revenue share large fleet aircraft! You may use up to five aircraft in one day consistency and reliability of a jet... Lease, when you can fractionally own not list aircraft for fractional aircraft program costs... Collaborations with likeminded brands that offer one-of-a-kind experiences and products your allocation of hours is dependent upon much. The structures and costs, engine reserves, storage, cleaning, charter... Helicopter fractional, lease, when you can fractionally own or 100 annual flight hours for one-sixteenth... Only looking to cover expenses, but your analysis should go much deeper our brand of to. With uncomfortable accommodations of the structures and costs, for an unmatched training environment Partnerships are function... Same crew for each aircraft share ownership in $ 2M - $ 4M vacation properties one... Contact SkyShare USA or your accountant to discuss what options are available define personal aviation, & quot ; Nielsen... What are the costs associated with fractional plane ownership go much deeper lenders... I got per hour basis hour varies slightly depending on the aircraft benefits fractional! Comfort is never an issue no matter which aircraft you choose shares can range anywhere from 50 to.
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