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. Each day, we are guided by our core values of affordability, convenience, and safety, while providing best-in-class service and luxury. 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. What is the maximum fractional jet ownership share size? One of the main motivators for a fractional purchase is the ability to share the . This option can provide significant savings by making up to 25% of your hours available to other Owners within the Versatility Plus pool. There are several key considerations that factor into fractional jet 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. 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). 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. Request Information. Gulfstream G650 Access Programs. All the airplane, half the cost. We accept no commissions, referral fees or any other forms of compensation from any third parties. 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. We can then help with all the sharing docs, financing, insurance, and training. . With the industry's most innovative model, the jet is yours for the day, not the hour, giving you the ability to visit multiple locations in a single day. Equity Residences: Beach Home - Marathon Key, Florida. 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. 24/7 access to your personal concierge, every day of the year, including weekends and holidays, because were there when you need us most. At the end of your five-year program, SkyShareUSA will resell your aircraft and distribute the proceeds to all owners. Fractional lets you secure the best aspects of whole aircraft ownership for a portion of the cost and with none of the responsibility. Detach for a little R&R. Either way, our fleet gets you from Point A to Point B in the sharpest way possible. Travel on your terms with the fractional jet ownership company operating throughout North America and the Caribbean Islands. Phone: +1 630-253-5659. Lifestyle and educational content that brings our brand of aviation to life. As the exclusive fractional home of the Gulfstream G650, Flexjet presents you with a pair of unique ways to own this incredibly capable aircraft. We represent our clients with the selected fractional provider during the analysis, negotiations, final contracting with the selected fractional provider and delivery of the share. Tue -- 9:00 am - 5.00 pm. The 2023 NBAA Maintenance Conference provides vital education and networking opportunities for anyone involved in business aircraft maintenance from technicians to directors of maintenance. | 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. . Please feel free to give us a call at 407-923-2336 to discuss what options are available. Targeting EBITDA profits in 2024, Wheels Up is cutting $30 million in employee costs, excluding pilots, frontline maintenance, and other customer-facing roles. Passionate about aviation since they were in their teens, Lee and Tom provide a unique combination of experience and a wealth of unparalleled knowledge while advocating for their clients interests. The expertise of Essex allowed us to understand more fully our flight metrics, history, costs and how to match our future aviation needs with available options in a way that would not have been possible on our own., Throughout my career as a family office executive, Essex Aviation has been my go to aviation expert. 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. Usage. 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. Professional. fractional aircraft ownership interest in Florida to $300 when the ownership interest is sold by the 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! 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. Financial Considerations: Is Fractional Ownership the Right Choice for You? Leave all the hassles and worries to us. The First Cost Basis is signing your purchase agreement for your Fractional Share of a particular type of aircraft. 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. 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. Stay connected for business. Total Time: 0. We initially went through an industry downselect to compete them against their peers and they surfaced as the best fit for us. Will my fractional jet ownership share be subject to state sales tax and state use tax? Flexjet private jet leasing options begin at 50 annual hours. Our team will assist you with filing initial Legal, Insurance, and Financing applications for an inclusive fee in addition to our yearly membership plan. Fractional Aircraft Ownership SERVING PILOTS SINCE 1996 2023. fractional ownership. This lowers our business acquisition cost resulting in the lowest fractional aircraft program share costs to be found anywhere. For Sale: Aircraft Possibly the cheapest airworthy aircraft on the market. KRDU - Raleigh-Durham International Airport N472DS 2013 DA40XLT. 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. Size Rankings Upon your return, access to your personally owned vehicle will be waiting for you. Enhance your international business aviation operator skills at the 2024 International Operators Conference in Orlando, FL from April 15 to 18. You have access to an entire fleet of aircraft, from the efficient Phenom 300 to the ultra-long-range Gulfstream G650. Our planes are always maintained according to the Manufacturers Maintenance Schedules as well. 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. What documents do I need to sign when I purchase a fractional jet ownership share? 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. 1st bar = Cost Per 100 hours x 5 years2nd Bar = Fixed monthly expenses3rd Bar = Direct operating costs4th Bar = Ownership percentage. 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. If I purchase a fractional aircraft ownership share, am I considered an aircraft owner for tax purposes? See below how our pricing for a particular aircraft stacks up against major industry competitors. We offer a unique and innovative ownership and leaseback program for aircraft buyers and select aircraft owners, eliminating traditional burdens for . . You are also able to convert unused hours to rollover hours up to 20% of your yearly allotment. We are committed to protecting the privacy of our clients. Each level of ownership entitles includes a percentage of the 800 flight hours available per year on each aircraft. More details to come! 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. 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. Granting you the ability to "right-size" your jet to fit each trip. If you're flying more than you expected, you may also purchase hours from other Flexjet owners in the same or different cabin types. This is based on an hourly rate and your flight hours are billed monthly. 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. All fractional operations will be in compliance with the new rule by the February 2005 deadline. 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. When you choose Sky Share USA, you are choosing the intelligent choice in private Air Travel. You've disabled JavaScript in your web browser. Thank you. Engine 1 Maintenance Program: Other. Am I A Good Fit? Quite possibly we have the solution that will not break the bank. Their process was comprehensive and thorough. The Intelligent Choice in Private Aviation. Get email alerts when a new share has been posted to your favorite airports! Depending on your ownership level, you may use up to five aircraft in one day. Learn more about the National Business Aviation Association. This means you can fly short routes (under one hour) and only be charged for the actual flight time involved with your trip. PlaneSense, Inc. has been a leader in world class fractional aircraft ownership since 1995. Privacy Policy 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. This includes, but is not limited to aircraft monthly management fee, pilot salaries, crew, aircraft insurance, hangar, cabin support, administrative fees, and crew training. Flexjet is proud to offer private helicopter fractional, lease, and charter programs. However, figuring out the true cost of flight hours can be tricky. Most fractional share contracts have a minimum ownership period, in which the first purchase of a share is three to five years. The other common ownership fractions are: 1/8 = 100 hours 1/4 = 200 hours 1/2 = 400 hours Request Information Flexjet Lease Components Flexjet offers a wide range of private travel options, including jet leasing. Find the best new and used aircraft for sale such as business jets, helicopters, Experimental, Warbirds and more. With fractional ownership, you purchase a share of a specific aircraft type, which provides you with an annual amount of allotted flight hours. Thorough. For that you get 75 . 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. It was so easy to use - I loved making and posting a flyer. Co-ownership or Fractional programs typically have fewer financing choices than purely leased aircraft or full aircraft ownership. The cuts are part of its previously announced . For career opportunities and questions, please go to our careers section. This is because lenders have fewer opportunities to get full collateral interest on these loans. Throughout the process, Essex was a knowledgeable, trustworthy and detail oriented partner.. The Essex team has provided key analysis ranging from the mundane, such as the interpretation of the placement of a placard on an aircraft to negotiations relating to an engine care program. A typical one way trip for 5-8 people from Florida Fractional ownership can start to make sense if you fly more than 50 hours a year. term of 30 months. Depending on their needs, fractional jet owners may choose to reinvest in another by the hour term or upgrade at any time. Call us now at 407-923-2336 to learn more about SkyShare USA. Consequently, our Direct Operating Charges are the lowest you will find. 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. 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). 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. The PlaneSense fractional aircraft ownership program allows you all the luxury and benefits of private aircraft ownership without the hassle of managing the operations of an aircraft. You enjoy all the benefits of your private jet, while we handle the rest! 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 . 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. Share ownership in $2M - $4M vacation properties with one low investment. 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. Phenom 300 Praetor 500 Challenger 350 Gulfstream G450 Gulfstream G650. With our new Global Access Program, we unveil an industry first: dynamic pricing. At Essex, we work solely for our clients, offering unbiased and uncompromised advice. 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. 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. AND. Florida "My 'stretch goal' was the CJ3+, but it was difficult to justify based on my . We are the nations largest buyer and seller of the jets that comprise our fractional jet fleet. 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. The 2023 NBAA Business Aviation Convention & Exhibition (NBAA-BACE) will return to Las Vegas, NV from October 17-19. After completing the CAPTCHA below, you will immediately regain access to the site again. Your allocation of hours is dependent upon how much of the jet you own. Average capital fees for fractional jet ownership will start between $300,000 and $600,000 for a one-sixteenth share of a light jet. Youll learn current best practices and trends from industry experts and fellow attendees through top-level education sessions and critical peer-to-peer networking to help you work smarter, not harder in the year ahead. The FAA created the Fractional Ownership Aviation Rulemaking Committee through an order dated Oct. 6, 1999. ShareMyAircraft is the internet's best resource to help you find a fractional share in Tampa, FL or throughout the country. In fact, you may never fly in your own aircraft. Whether youre reaching the worlds financial centers or remote mountain towns, well fly you there in luxury, precisely as you scheduled. It is our desire to form and maintain long-term relationships with our clients and remain accountable for the analysis and support of past and ongoing decisions. Tax Benefits are available from fractional jet ownership as depreciation deductions. Private jet fractional ownership provides access to multiple cabin sizes, while our team of private aviation experts handles every aspect of your travel experience using a personalized approach. Choose generous interchange bonuses on . You're a power user moving through this website with super-human speed. Making the perfect partnership work perfectly. The West Coast of Florida offers a tropical climate that makes it possible to fly all year round in beautiful blue skies . Unlock a new world of possibilities with a share in a brand-new Cessna Citation CJ3+. Additional information is available in this. 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. Saint Charles, Illinois, USA. 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. 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. Print Share. 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. April 30 - May 2, 2024. . 1 opening available. Download the rule as it appeared in the Federal Register (404 KB, PDF) As you can easily see in this chart, SkyShareUSA is significantly less expensive than our competitors such as PlaneSense, AirShare, NetJets, FlexJet, & WheelsUp Jet Card. As you were browsing something about your browser made us think you were a bot. 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. Services; Co-Ownership Vs. Partnership; . "Now, new Vision Jet owners can simply arrive and fly. 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. This fee covers your hourly operational costs for each hour flown. 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. With operating costs from $699/hr. Aircraft; Videos; FAQ; Opportunities; Map; Sign in; Request Information . info@floridaflightcenter.com. I worked with them on a lengthy process, from identification of plane, purchase, full refurbishment, staff assignments thru delivery. term of 60 months Min. 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. 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. 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. While the billing process for fractional providers is well-defined, with fixed monthly management fees, along with invoices for variable costs based on hours flown during the prior month, we often provide routine statement monitoring and review on an as-requested basis. Co-Ownership Support, Legal Docs, help with insurance, financing etc. We then completely refurbish these aircraft with new interiors, avionics, and engine overhauls or replacement. 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. 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. Other taxes and fees will depend on your traveling needs we have contract specialists on hand to answer any questions. Leasing. 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. . Typically, fractional programs require a minimum share size of 50 hours of flight time per year to acquire a share. Manufacturers Maintenance Schedules as well and used aircraft for Sale such as business jets, helicopters, Experimental, and. Includes a percentage of the jet you own USA, you will immediately regain access to favorite... The ultra-long-range Gulfstream G650 avionics, and engine overhauls or replacement them a. And the Caribbean Islands handle the rest 4M vacation properties with one low investment innovative and... Granting you the ability to `` right-size '' your jet to fit each trip and will... Unlock a new share has been posted to your favorite airports to 25 % of your five-year program we! 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