2023 ShareMyAircraft.com All Rights Reserved | Save the date and make plans to attend the biggest and most productive event of the year for business aviation. 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. 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. Plus, all legal liabilities, maintenance, pilot training, and positioning fees are your responsibility. When you own a share, you will fly aboard aircraft that uniquely combine solid, proven craftsmanship with sophisticated luxury for the most reliable, innovative, and safe, private travel experience. 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. Why spend millions when you can have the performance and comfort at a fraction of the price. More details to come! Print Share. Fractional ownership grants guaranteed access to a private aircraft based upon the number of flight hours purchased. 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. Generally, if you fly less than 50 hours per year, the benefits of fractional flying may be outweighed by the . Share sizes start at 50 annual flight hours and increase in 25-hour increments. Fractional ownership of aircraft is an arrangement in which multiple owners share the use and costs of purchasing and operating an aircraft. As you were browsing something about your browser made us think you were a bot. 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. 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. Throughout the process, Essex was a knowledgeable, trustworthy and detail oriented partner.. For example, a one-eighth share entitles an owner to 100 flight hours annually, which is approximately 50,000 miles. 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. We have your aircraft ready for you today! 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! ShareMyAircraft is the internet's best resource to help you find a fractional share in Tampa, FL or throughout the country. Download the rule as it appeared in the Federal Register (404 KB, PDF) Fractional lets you secure the best aspects of whole aircraft ownership for a portion of the cost and with none of the responsibility. There are a few reasons this might happen: To regain access, please make sure that cookies and JavaScript are enabled before reloading the page. 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). Whether its your Fixed or Operating Expenses, see how SMA can help make flying your plane more affordable. Other taxes and fees will depend on your traveling needs we have contract specialists on hand to answer any questions. Aircraft For Fractional Ownership 1 - 25 of 65 Listings. 1999 CESSNA CITATION JET For Fractional Ownership in San Diego, California at Controller.com. AND. The First Cost Basis is signing your purchase agreement for your Fractional Share of a particular type of aircraft. SkyShare USA may have some options to assist you with financing a fractional aircraft ownership program or fractional share. Enhance your international business aviation operator skills at the 2024 International Operators Conference in Orlando, FL from April 15 to 18. This is based on an hourly rate and your flight hours are billed monthly. 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. Get paid and be a trusted source to help manage aircraft for owners. Our planes are always maintained according to the Manufacturers Maintenance Schedules as well. Updated November 23, 2020: A fractional ownership contract is one that is common in certain industries, including the aviation industry, vacation homes, timeshares, and other rental properties. The cuts are part of its previously announced . Leasing. Additionally, the FAA had evolving concerns regarding issues of accountability and responsibility for compliance (operational control). Consequently, SkyShareUSA has the lowest Fixed Monthly Fee in the industry. Tax Cap - Fractional Aircraft Ownership Effective Date: July 1, 2010 Statute Reference: Sections 212.02(34), 212.08(7)(hhh), and 212.0597, F.S. Clients considering fractional aircraft ownership often have different expectations and have varying needs. PlaneSense, Inc. has been a leader in world class fractional aircraft ownership since 1995. 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. As the exclusive fractional home of the Gulfstream G650, Flexjet presents you with a pair of unique ways to own this incredibly capable aircraft. Own Fractional Shares of a Jet If you fly at least 50 hours a year, you might be financially better off buying fractional shares of a jet. Yes, as a fractional owner, you are considered an aircraft owner for tax purposes. Home Flight Department Administration Aircraft Operating & Ownership Options Fractional Ownership. What are the key considerations for fractional jet ownership? Fractional jet ownership does not meet the provisions outlined in FAR Part 91.501(c)(1). Step into the reality of owning your own Vision Jet with our exclusive VisionAir aircraft management program - a completely turnkey ownership program that includes access to on demand professional pilots, world-class aircraft management and more. For career opportunities and questions, please go to our careers section. This varies depending on the aircraft type and size of the share. A CirrusShare is ideal for anyone who flies 50 or more hours per year and wants the advantages of owning an aircraft. 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. What are the costs associated with fractional plane ownership? Will my management fee increase as my hours purchased increases? 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. info@floridaflightcenter.com. I worked with them on a lengthy process, from identification of plane, purchase, full refurbishment, staff assignments thru delivery. 212.0597. Our uncompromising standards in both service and safety ensure you can fly with true peace of mind. This is because lenders have fewer opportunities to get full collateral interest on these loans. Please feel free to give us a call at 407-923-2336 to discuss what options are available. Annual increases are based on Consumer Price Index increases, thereby eliminating any large expenses that a dedicated aircraft owner might face. This feature increases the availability to all owners. Instead, fractional jet ownership falls under FAR 91 Sub Part K. Fractional owners are not responsible for employing pilots, cabin crew and flight operations coordinators or administering maintenance. Each day, we are guided by our core values of affordability, convenience, and safety, while providing best-in-class service and luxury. In fact, you may never fly in your own aircraft. It made the difference in my flying! I was never once disappointed. Am I A Good Fit? 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. 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. Enter a world of exceptional experiences designed to emulate whole aircraft ownership. Read the overview of fractional aircraft ownership and get an idea of the structures and costs. 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. Number of Seats: 2. SMA Strategies can walk you through best practice on agreements, scheduling and even handling the money so your rental partnership will work seamlessly. 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. Discover a DiamondShare near you. Our team assists clients in comparing options based on their specific needs and desires, starting with a technical and financial analysis to ensure that the right aircraft and aviation utilization models are considered. The FAA created the Fractional Ownership Aviation Rulemaking Committee through an order dated Oct. 6, 1999. No matter your share size, you will enjoy a guaranteed number of aircraft upgrades and downgrades each year. Our fleet is maintained to our impeccable standards, guaranteeing fractional owners satisfaction when flying on any of SkyShareUSAs aircraft. The largest fractional operators, including operators of both jets and turboprops, are ranked and discussed below. You are fully covered with our 100% guaranteed airframe and engine protection plans at a fixed hourly rate. Fractional ownership is a method in which several unrelated parties can share in, and mitigate the risk of, ownership of a high-value tangible asset, usually a jet, yacht or piece of resort real estate. We understand that savvy travelers are always looking to make the smart business move and thats where we raise the bar. The fractional aircraft operators in North America flew over 833,000 hours in 2022. 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. Think of them as your personal concierge. REQUEST MORE INFORMATION. These fees cover your ownerships portion of the fixed costs, including maintenance, pilots salary, crew salaries, insurance, hangar fees and other administrative costs. Most providers rotate their large fleet of aircraft and aircraft crews to meet the travel requirements of each fractional owner. All aircraft, maintenance, pilots, owner services and operations are in-house, not subcontracted. Consequently, our Direct Operating Charges are the lowest you will find. Our team of aviation experts handles every aspect of your travel experience. What's more, the Flexjet fractional program even predicts the majority of costs for the duration of your contract. Additional information is available in this. Planning for the teams future is one of a leaders most important responsibilities. 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. Is fractional jet ownership the same thing as a timeshare? As the name suggests, with fractional jet ownership you own a percentage of a plane with a group of other people. Flight departments rely upon our consultative approach to providing supplemental lift solutions. At the end of your five-year program, SkyShareUSA will resell your aircraft and distribute the proceeds to all owners. Aircraft Location: South Florida, Florida, USA. DiamondShare Opportunity. Indulge your taste for the extraordinary, special occasions, regional dishes and local favorites. Maximum term: 60 months - Minimum term: 30 months, Maximum term: 24 months - Minimum term: 25-hour deposit, Max. But much like Fractional Ownership, you enjoy access to our entire closed fleet through our unique interchange program. If your aircraft type doesn't suit you for . FlightRules: IFR Our share size is either 50 or 100 allotted hours of flying time annually, which provides you guaranteed access to your own private jet. 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. This means you can fly short routes (under one hour) and only be charged for the actual flight time involved with your trip. If you want to see how fractional aircraft options fit into the . Let us help you reduce the expense of ownership! If youre interested in elevating your career to the next level, look no further than SDC2025. Do I predominately fly for personal or business reasons? Simply choose the share size that is best for you, the minimum commitment ranges from 24 to 36 months. . FL 33547 United States Telephone: . 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. The SkyShare USA fractional jet fleet is comprised of the Beechjet 400a for light jets and the Learjet 60 for our mid-sized jets, we do not have any heavy jets at this time. This covers all expenses including insurance, crews salaries, aircraft maintenance, engine reserves, storage, cleaning, and more. 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 . Designed for those who fly 50+ hours per year, fractional jet ownership allows you to purchase equity in a specific Flexjet aircraft. Below youll find just a few of the benefits of purchasing a Flexjet fractional share. Our team will assist you with filing initial . 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. 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. It was easy to request this. Get email alerts when a new share has been posted to your favorite airports! Maybe. Essex is a well-respected consumer advocate within the aviation industry, known for our character and honesty. Asset purchase This upfront cost covers your share of the aircraft. Find the best new and used aircraft for sale such as business jets, helicopters, Experimental, Warbirds and more. You've disabled cookies in your web browser. Typically, for any flights lasting under one hour, you will incur a standard minimum charge of one flight hour. Your shared monthly fixed costs cover all the expenses to fly and operate your jet. A third-party browser plugin, such as Ghostery or NoScript, is preventing JavaScript from running. 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. 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 industry generally believes fractional jet ownership is cost-efficient as long as your usage is at least 50 hours a year. Asset purchase - this upfront cost covers your share of the aircraft. Innovative Solutions Our modern fleet of luxury private jets and unique programs ensure the most luxurious, financially efficient, sustainable solution, every time. Fractional Aircraft Ownership, a share is contractually-defined and allows an undivided interest of a . The smallest fraction is typically 1/16th equivalent to 50 flying hours per year. Our team will assist you with filing initial Legal, Insurance, and Financing applications for an inclusive fee in addition to our yearly membership plan. What is expanded, as compared to co-ownership of one plane by more than one person, is the number of planes being managed, and the right of a fractional owner of one airplane or jet to use another aircraft owned by others in the . 2024 NBAA Maintenance Conference . During the 1990s the growth of fractional ownership programs was substantial. 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. Privacy Policy 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. What are the benefits of fractional aircraft ownership? We do all refurbishment and maintenance at our new 60,000 square ft. aircraft maintenance facilities in North Carolina. Terms of Service, Find what you're looking for: Planes, Pilots & Professionals. 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. 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. Lee and Tom have guided me through the most complex aircraft acquisition while being able to meet difficult client deadlines. No, it is unlikely that you will have the same crew for each flight. There is no other jet card or fractional jet share solution that can match it. At Essex, we work solely for our clients, offering unbiased and uncompromised advice. You must use one aircraft for all missions, with no simultaneous use option or ability to upgrade or downgrade. It was so easy to use - I loved making and posting a flyer. 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. Thank you. 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. We offer a unique and innovative ownership and leaseback program for aircraft buyers and select aircraft owners, eliminating traditional burdens for . No. An initial, one-time purchase allows for access to a minimum of 50 or 100 annual flight hours for a duration of five years. Let the SMA Network help you find the perfect private rental, ownership opportunity, or potential partners at your local airport to co-own a new or used aircraft. Professional. 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. Program for aircraft buyers and select aircraft owners, eliminating traditional burdens.... Core values of affordability, convenience, and safety ensure you can have performance... Enhance your international business aviation operator skills at the 2024 international operators Conference in,. 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Aircraft, maintenance, pilot training, and more SkyShareUSA has the lowest Fixed monthly Fee the. Day, we are guided by our core values of affordability, convenience and! May have some options to assist you with financing a fractional aircraft ownership and get an idea the... Is unlikely that you will find and costs April 15 to 18 and have varying needs advantages of an. All legal liabilities, maintenance, pilot training, and positioning fees are your responsibility Operating Charges the., for any flights lasting under one hour, you will find is a well-respected Consumer advocate within aviation... Your favorite airports interest on these loans to answer any questions 60,000 square ft. maintenance. Ownership you own a percentage of a leaders most important responsibilities arrangement in which owners! Rate and your flight hours purchased increases and be a trusted source to manage.
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