You're a power user moving through this website with super-human speed. 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. Mon -- 9:00 am - 5.00 pm. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); How frequently do my travel needs change? Quite possibly we have the solution that will not break the bank. Tue -- 9:00 am - 5.00 pm. Lone Mountain Aircraft Springfield, Ohio Phone: (407) 592-3826 Aircraft Location: Tampa, Florida Price: USD $255,000 Payments as low as USD $1,629.45 / monthly* Email Seller Video Chat Operating Costs Apply for Financing Premium Listing View Details 39 Save Updated: Friday, February 24, 2023 12:10 AM Compare 2019 CIRRUS SR22-G6 TURBO 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. Aircraft is always hangered. This covers all expenses including insurance, crews salaries, aircraft maintenance, engine reserves, storage, cleaning, and more. Travel on your terms with the fractional jet ownership company operating throughout North America and the Caribbean Islands. 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. A third-party browser plugin, such as Ghostery or NoScript, is preventing JavaScript from running. EBACE2017 will bring buyers and sellers together as Europes premier event dedicated to showcasing business aviation products and services. Most costs are fixed, and owners may use depreciation deductions applicable to a capital asset. Professional. 212.0597. Candid. April 30 - May 2, 2024. . 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. We realize plans change, but experiences shouldnt. 1st bar = Cost Per 100 hours x 5 years2nd Bar = Fixed monthly expenses3rd Bar = Direct operating costs4th Bar = Ownership percentage. Also, my friends who flew my plane, posted comments which helped a great deal as people viewing my listing got a sense of my plane (and me) before meeting me. Most providers rotate their large fleet of aircraft and aircraft crews to meet the travel requirements of each fractional owner. Phone: +1 630-253-5659. The fractional aircraft operators in North America flew over 833,000 hours in 2022. 1999 CESSNA CITATION JET For Fractional Ownership in San Diego, California at Controller.com. The First Cost Basis is signing your purchase agreement for your Fractional Share of a particular type of aircraft. Most people equate this to a timeshare. 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. You never need to worry about the many factors including hidden surprises that may arise with aircraft full ownership. 1999 Cessna Citation Jet available for 50% co-ownership. Our planes are always maintained according to the Manufacturers Maintenance Schedules as well. flyExclusive Fractional is the newest offering from flyExclusive, providing a unique and flexible approach to fractional ownership. All the airplane, half the cost. This was an increase of more than 7% compared to 2021, and up about 65% compared to the reduced pandemic levels in 2020. This economically efficient option can provide significant savings. Maximum term: 60 months - Minimum term: 30 months, Maximum term: 24 months - Minimum term: 25-hour deposit, Max. Flights, catering, rental cars, hotels and even suggestions on restaurants and things to do at your final destination are just some of our services. WORKING HOURS. FlightRules: IFR A portion of a share purchase can be sold back to the provider at the end of the contract. For Sale: Aircraft Possibly the cheapest airworthy aircraft on the market. The 2024 NBAA Maintenance Conference provides vital education and networking opportunities for anyone involved in business aircraft maintenance from technicians to directors of maintenance. What types of fractional aircraft ownership shares are available? 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. Full ownership requires a major upfront capital deployment, while variable marketing conditions can dilute your ROI. It made the difference in my flying! SkyShare USA may have some options to assist you with financing a fractional aircraft ownership program or fractional share. However, SkyShareUSA has a program to offset repositioning charges for owners. Both flight schools and instructors are in need of primary and advanced training planes. When you choose Sky Share USA, you are choosing the intelligent choice in private Air Travel. If youre interested in elevating your career to the next level, look no further than SDC2025. Enhance your international business aviation operator skills at the 2024 International Operators Conference in Orlando, FL from April 15 to 18. For example, a one-eighth share entitles an owner to 100 flight hours annually, which is approximately 50,000 miles. ShareMyAircraft is the internet's best resource to help you find a fractional share in Tampa, FL or throughout the country. 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. This strategy allows us to offer the lowest-priced Fractional Jet Ownership shares in the industry. Fractional Aircraft Ownership SERVING PILOTS SINCE 1996 2023. fractional ownership. See how companies of all sizes use aircraft to help their businesses succeed. . This article gives an overview of the agreements and documents you will sign as a fractional owner. 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. 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. $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 SkyShareUSAs program is simple, efficient, and transparent. I was only looking to cover expenses, but I was surprised at the amount I got per hour for my Cirrus. Additional information is available in this. Exclusive access to the events and occasions in destinations that embody our brand. We accept no commissions, referral fees or any other forms of compensation from any third parties. Engine Maintenance Program: Other Lavatory: Yes Lavatory Configuration: Aft Compare 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. With operating costs from $699/hr. 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. Fractional ownership SkyShareUSA acquires underutilized, low-hour aircraft to avoid the overnight depreciation incurred when buying a new one. Fractional ownership grants guaranteed access to a private aircraft based upon the number of flight hours purchased. Understanding the pros and cons of each model and how it fits into your travel needs is an essential part of any fractional program analysis. 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. Stay up-to-date on the latest operational information critical to your job and connect with over 900 fellow peers. 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 PlaneSense Fractional Program. Generally, if you fly less than 50 hours per year, the benefits of fractional flying may be outweighed by the . Accomplish more during your corporate or personal travel with our onboard Wi-Fi system for talk and text. Enter a world of exceptional experiences designed to emulate whole aircraft ownership. ShareMyAircraft.com (SMA) is fundamentally changing the way pilots in Florida OWN and ACCESS general aviation aircraft by making it easy for an owner to share their plane with other like-minded highly-qualified pilots, earning them valuable dollars and changing the airplane ownership equation. Our fleet is maintained to our impeccable standards, guaranteeing fractional owners satisfaction when flying on any of SkyShareUSAs aircraft. The FAA created the Fractional Ownership Aviation Rulemaking Committee through an order dated Oct. 6, 1999. Aircraft For Fractional Ownership in FLORIDA 1 - 17 of 17 Listings. Think of them as your personal concierge. More details to come! DiamondShare Availability. Gulfstream G650 Access Programs. 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. Our team of aviation experts handles every trip detail, from catering to maintenance; all you have to do is tell us where youre going and when you want to leave. Yes, as a fractional owner, you are considered an aircraft owner for tax purposes. With one call or online booking, our full-service concierge team takes care of the rest. Flexjet pilots are truly dedicated to a specific tail number, so you fly with those you know and trust. The maximum fractional jet ownership share size is 800 hours of flight time per year, which is roughly equivalent to ownership of the entire aircraft. Whatever your private aviation needs may be, we have the solution. However, figuring out the true cost of flight hours can be tricky. Maybe. The aircraft owners used the common management company to provide aviation management services including maintenance of the aircraft, pilot training and assignment, and administration of the leasing of the aircraft among the owners. 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. What's more, the Flexjet fractional program even predicts the majority of costs for the duration of your contract. Inquire for full details and photos. Flexjet private jet leasing options begin at 50 annual hours. This field is for validation purposes and should be left unchanged. 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. . Skyshare USA utilizes the most efficient luxurious and reliable aircraft for our fleet of jets. Practical. Obsessive attention to detail ensures efficient and accurate logistics with around the clock service. If you're flying more than you expected, you may also purchase hours from other Flexjet owners in the same or different cabin types. No, your direct operating cost per hour will remain the same even if you increase your size of share purchased. You will pay the following fees: Initial purchase. Detach for a little R&R. Either way, our fleet gets you from Point A to Point B in the sharpest way possible. Will my fractional jet ownership share be subject to state sales tax and state use tax? Co-ownership or Fractional programs typically have fewer financing choices than purely leased aircraft or full aircraft ownership. If the SMA Network doesnt have the plane you are looking for, we can help you form your own partnership to CO-OWN a new or used plane. Lee and Tom have guided me through the most complex aircraft acquisition while being able to meet difficult client deadlines. Simply choose the share size that is best for you, the minimum commitment ranges from 24 to 36 months. Clients interested in fractional aircraft ownership have a wide variety of aircraft types to choose from. 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. If the program provider utilizes a larger aircraft due to fleet availability or scheduling requirements, you will not be billed any additional costs for the upgraded aircraft. If your aircraft type doesn't suit you for . Their collective skills provide exacting coverage on every detail needed when considering an airplane purchase or refurbishment. PlaneSense, Inc. has been a leader in world class fractional aircraft ownership since 1995. With Flexjet, you receive two short-leg waivers annually for every 50-hour share you own. Knowledgeable. With the purchase of a Citation CJ3+ fra.See More Details Serial Number 525B-0607 Total Time 515 Number of Seats 8 Year Interior 2020 flyExclusive Fractional . 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. 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. Get answers to frequently asked questions about fractional ownership. As some of the most rigorously flight-trained and experienced pilots in the industry, the pilots of SkyShareUSA's fleet exceed the highest levels of professionalism, proficiency, and flying expertise required by the Federal Aviation Regulations, Part 135. 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. 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. Leasing. Print Share. SkyShare USA was founded on the idea that jet ownership can be simple and affordable. 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. Personal data will be processed, stored, and used in accordance with the terms set out in our privacy policy. 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! Up to date maintenance and is always kept in a hangar when not in use. The industry generally believes fractional jet ownership is cost-efficient as long as your usage is at least 50 hours a year. 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. The AAP model is said to represent hassle-free, turnkey . What is Fractional Aircraft Ownership? 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. An aircraft fractional ownership program is simply an expanded form of co-ownership of professionally managed private aircraft. For that you get 75 . 2024 NBAA Maintenance Conference . 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. Typically, fractional programs require a minimum share size of 50 hours of flight time per year to acquire a share. As the exclusive fractional home of the Gulfstream G650, Flexjet presents you with a pair of unique ways to own this incredibly capable aircraft. The Flexjet approach to safety and security reflect our adherence to our highest mission priority: your absolute well-being. We leverage decades of instructional knowledge, as well as manufacturing expertise, for an unmatched training environment. All staffing and maintenance are included, with all work performed in-house. Do fractional aircraft ownership shares have residual resale value? But much like Fractional Ownership, you enjoy access to our entire closed fleet through our unique interchange program. Aircraft partnerships (AKA Fractional Aircraft Ownerships). We offer a unique and innovative ownership and leaseback program for aircraft buyers and select aircraft owners, eliminating traditional burdens for . Fractional ownership operations began in 1986 with the creation of a program that offered aircraft owners increased flexibility in the ownership and operation of aircraft. 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. Turnkey Jet Ownership* Direct Access on Your Schedule* Predictable Operating Costs* Life at Jet Speed 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. What are the benefits of fractional aircraft ownership? This is because lenders have fewer opportunities to get full collateral interest on these loans. Download the rule as it appeared in the Federal Register (404 KB, PDF) KRDU - Raleigh-Durham International Airport N472DS 2013 DA40XLT. Is fractional jet ownership the same thing as a timeshare? This option can provide significant savings by making up to 25% of your hours available to other Owners within the Versatility Plus pool. The smallest fraction is typically 1/16th equivalent to 50 flying hours per year. Learn more about the National Business Aviation Association. Partners in Aviation provides an innovative approach to private jet and fractional jet ownership by matching airplane owners and aircrafts for co-ownership. 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. 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. NBAAs First Regional Forum in 2 Years Exceeds SDC2023 Day of Service Supports Local Womens Sanctuary. Granting you the ability to "right-size" your jet to fit each trip, Unlimited Access offers leading fleet interchange incentives on any aircraft in our fleet. The operating time for a fractional plane is usually based on 800 hours a year, in other words the operators expect the aircraft to be flying for 800 hours each year. Tell us about your private travel needs and our team will provide you with travel solutions that are customized to fit you. The latest news from the world of private aviation. Although fractional aircraft ownership companies will always try to have you fly on the specific aircraft model you own, on some occasions it may be necessary to utilize a different model, one that either meets or exceeds the aircraft model type you currently own. 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. 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. You're a power user moving through this website with super-human speed. 2013 Daher Kodiak 100 available for 50% co-ownership.Total Time: 1,200Engine Hours: 1,200Propeller Hours: 1,200PIA Managed Co-ownership allows you to split the cost of this aircraft while maintaining access comparable to sole-ownership. Repositioning fees of flight hours (the cost of returning a specific plane to its home base also known as Empty Leg Flights) can be a costly factor. As the length of your trip increases, the hourly rate decreases, providing an attractive solution for cross-country or international travel. 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. Flight departments rely upon our consultative approach to providing supplemental lift solutions. Planning for the teams future is one of a leaders most important responsibilities. This lowers our business acquisition cost resulting in the lowest fractional aircraft program share costs to be found anywhere. 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. Fractional Jet Ownership Unprecedented Access to Private Air Travel. Print Share. 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. 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. I worked with them on a lengthy process, from identification of plane, purchase, full refurbishment, staff assignments thru delivery. 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. Surround yourself with like-minded business aviation professionals looking to further cultivate their leadership skills at the 2024 Leadership Conference. There are several key considerations that factor into fractional jet ownership. By submitting the form, you consent to such processing. You have access to an entire fleet of aircraft, from the efficient Phenom 300 to the ultra-long-range Gulfstream G650. 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. By using our facilities and our own Certified Technicians, we save millions of dollars over time, and we pass these savings on to our owners. Fractional ownership is basically a partnership with multiple buyers at the corporate level. What is the length of commitment for fractional aircraft ownership? Fractional owners also do not have to pay a deadhead cost that is, any costs incurred from positioning the aircraft to their departure point. Am I A Good Fit? term of 30 months. Get email alerts when a new share has been posted to your favorite airports! Monthly maintenance fee: These will be charged to each. Traditional share sizes are based on annual flight hours per contract, per year. From turbo-props to light jets and heavy jets, Essex Aviation can help identify the most suitable aircraft to meet any clients specific personal or business travel requirements. Essex Aviation is not a brokerage firm and does not list aircraft for sale. As these programs grew in size, complexity and number, there was considerable controversy within the aviation community as to their appropriate regulatory structure. . Unlock a new world of possibilities with a share in a brand-new Cessna Citation CJ3+. . 2023 National Business Aviation Association, Flight Department Administration Resources, Single Pilot and Small Aircraft Operators Resources and Benefits, Digital Membership Certificates & Plaques, Benefits for Aviation Vendors and Suppliers, Carriage of Elected Officials and Candidates, Exporting Aircraft from the United States, U.S.-Registered Foreign Civil Aircraft (Part 375), Non-Business Use of Employer-Provided Aircraft, International Standard for Business Aircraft Operations (IS-BAO), International Standard for Business Aircraft Handlers (IS-BAH), Communications, Navigation & Surveillance (CNS), Cockpit Voice Recorders (CVRs) / Flight Data Recorders (FDRs), Minimum Navigation Performance Specifications (MNPS), Reduced Vertical Separation Minima (RVSM), Automatic Dependent Surveillance-Broadcast (ADS-B), Traffic Alert and Collision Avoidance System (TCAS), Terrain Awareness and Warning Systems (TAWS)/Ground Proximity Warning System (GPWS), Sustainable Flight Department Accreditation Program, European Union Emissions Trading Scheme (ETS), Airframe and Powerplant Inspection Authorization, Forum for Enhanced Reliability and Maintainability Standards (FERMS), Security Risk Assessment for Business Aviation, Best Practices for Business Aviation Security, NBAA Humanitarian Emergency Response Operator (HERO) Database, Approval Checklist and Guidance for Potential PDP Providers, Business Aircraft Scheduler Certificate Program, Young Professionals in Business Aviation (YoPro), Business Aviation Essential to Local Economies and National Interest, Minimizing the Industrys Environmental Impact, Building Relationships with Elected Officials, Regional Business Aviation Groups Directory, Regional Business Aviation Groups Library, 2023 NBAA PDP Course: Strategic Planning That Really Works, 2023 European Business Aviation Convention & Exhibition (EBACE2023), 2023 NBAA Business Aviation Taxes Seminar, 2023 NBAA Tax, Regulatory & Risk Management Conference, 2023 NBAA Business Aviation Convention & Exhibition (NBAA-BACE), 2024 NBAA Schedulers & Dispatchers Conference (SDC2024), 2024 NBAA International Operators Conference, 2024 European Business Aviation Convention & Exhibition (EBACE2024), 2025 NBAA Schedulers & Dispatchers Conference (SDC2025), 2025 European Business Aviation Convention & Exhibition (EBACE2025), 2026 NBAA International Operators Conference (IOC2026), 2026 European Business Aviation Convention & Exhibition (EBACE2026), 2027 European Business Aviation Convention & Exhibition (EBACE2027), Overview of Fractional Rule & Part 135 Changes, The New World of Subpart K Compared with Part 135. Secure the benefits of Fractional Ownership on an all-in cost per hour basis. It was easy to request this. Discover what defines our brand, our services and the standards that set us apart. Request Information. Number of Seats: 2. 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. Look no further than the Bombardier Challenger 350 and the Embraer Phenom 300. Call Listing Broker Scott MacDonald Toll Free8882804900 . 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. There is a significant amount of paperwork involved when purchasing a fractional jet ownership share but the primary documents youll sign are a purchase agreement, a management agreement, an ownership agreement and a dry lease exchange agreement. As a premium fractional provider, we offer access to multiple aircraft in circumstances that require it, you, family or colleagues can use more than one aircraft, even on peak travel days. Vacation In Luxury Properties Investors vacation in this home and all Equity Residences homes Properties. Fractional ownership can start to make sense if you fly more than 50 hours a year. For fractional share airplanes in Orlando, FL, browse our . 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. DiamondShare Opportunity. 24/7 access to your personal concierge, every day of the year, including weekends and holidays, because were there when you need us most. 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. Fractional Ownership or Group Timeshare in our program means ownership of an aircraft. 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