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. Will my management fee increase as my hours purchased increases? Responsive. Our services team coordinates precise timing and routes, ensuring that every flight is hassle-free, even during peak travel days. Their process was comprehensive and thorough. Interior recently restored in beautiful cream with gray accents. 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. 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. With fractional, there are minimum and maximum contract periods. Think of them as your personal concierge. Total Time: 320.0. 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. 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 portion of a share purchase can be sold back to the provider at the end of the contract. 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. 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 . As the exclusive fractional home of the Gulfstream G650, Flexjet presents you with a pair of unique ways to own this incredibly capable aircraft. Aircraft; Videos; FAQ; Opportunities; Map; Sign in; Request Information . Serial Number: 1DK245. Engine Maintenance Program: Other Lavatory: Yes Lavatory Configuration: Aft Compare 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. These fees cover your ownerships portion of the fixed costs, including maintenance, pilots salary, crew salaries, insurance, hangar fees and other administrative costs. The AAP model is said to represent hassle-free, turnkey . As with most rules of thumb, there is some truth to this maxim, but your analysis should go much deeper. We couldnt be happier with the outcome., Lee and Tom are the dynamic duo you've been looking for. Aircraft For Fractional Ownership in FLORIDA 1 - 17 of 17 Listings. 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! 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. 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. If you want to see how fractional aircraft options fit into the . But his concept is more than just an affordable buy-in. Aircraft Description $650,000 for 50% ownership in this excellent running low hours jet. Enter a world of exceptional experiences designed to emulate whole aircraft ownership. We offer a unique and innovative ownership and leaseback program for aircraft buyers and select aircraft owners, eliminating traditional burdens for . The latest news from the world of private aviation. You never need to worry about the many factors including hidden surprises that may arise with aircraft full ownership. There are a few reasons this might happen: To regain access, please make sure that cookies and JavaScript are enabled before reloading the page. All the airplane, half the cost. You have access to an entire fleet of aircraft, from the efficient Phenom 300 to the ultra-long-range Gulfstream G650. Depending on their needs, fractional jet owners may choose to reinvest in another by the hour term or upgrade at any time. Average capital fees for fractional jet ownership will start between $300,000 and $600,000 for a one-sixteenth share of a light jet. 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. What's more, the Flexjet fractional program even predicts the majority of costs for the duration of your contract. Home Flight Department Administration Aircraft Operating & Ownership Options Fractional Ownership. 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. No, your direct operating cost per hour will remain the same even if you increase your size of share purchased. 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. I really liked the fact that I could ask for exactly who I wanted. $157,500 per share - Fractional Home. The majority of the cost of fractional ownership can be broken down into three main parts: Flexjet gives fractional Owners the option to fly on larger or smaller aircraft types when the need arises. SkyShare USA may have some options to assist you with financing a fractional aircraft ownership program or fractional share. Fractional Ownership Aircraft Charter Interchange Agreements Aircraft Leasing Time Sharing Agreements Reimbursement For Owner-Pilots NBAA's Small Aircraft Exemption Operational Control Aircraft Registration & Transactions Aircraft Transactions Guide Ethical Business Aviation Transactions Exporting Aircraft from the United States The tax applies to the . . This rate also includes direct expenses associated with maintenance, standard catering, and engine operation, Fuel Component Adjustment - Added to the base hourly rate to account for fluctuations in the cost of fuel, which varies monthly, However, pricing varies based on timing and varies across operators, Designed for those with minimal travel needs, No fees for repositioning, catering, or de-icing, Typically offers more experienced pilots and crews, Aircraft are often younger and more advanced, You select aircraft and receive guaranteed access, One point of contact + expert operations team, Providers own their aircraft and employ their own pilots, No need to involve more than one provider for long trips, Minimal cabin restrictions (pets allowed on board), VIP access to events, resorts, and product offerings, None of the risks, restrictions, and responsibilities associated with whole ownership, Much smaller upfront capital deployment + fixed costs, Repositioning, catering, and de-icing fees are covered, Ability to upgrade or downgrade aircraft for specific trips, Option to utilize more than one aircraft simultaneously, No maintenance downtime or need for supplemental lift, Option to sell share back to the provider at end of term, Depreciation deductions applicable to a capital asset, Provider handles all crew scheduling, aircraft maintenance, insurance, regulatory compliance, hiring and training, storage and parking. Our fleet is maintained to our impeccable standards, guaranteeing fractional owners satisfaction when flying on any of SkyShareUSAs aircraft. Vacation In Luxury Properties Investors vacation in this home and all Equity Residences homes Properties. Usage. Two Owners. We utilize our own certified maintenance facilities and highly trained staff to keep our all services in-house, keeping our operating costs to a minimum. Fractional private aircraft ownership provides many of the benefits of full aircraft ownership with few of the hassles. This includes, but is not limited to aircraft monthly management fee, pilot salaries, crew, aircraft insurance, hangar, cabin support, administrative fees, and crew training. Uniquely, our fractional program is the only program that offers unlimited hours, unlimited days and a revenue share. Leave all the hassles and worries to us. Fractional ownership can start to make sense if you fly more than 50 hours a year. 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. Why spend millions when you can have the performance and comfort at a fraction of the price. With fractional ownership, you purchase a share of a specific aircraft type, which provides you with an annual amount of allotted flight hours. 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 . Successful Partnerships are a function of finding the right partners and setting expectations on the front-end. Mon -- 9:00 am - 5.00 pm. The Flexjet approach to safety and security reflect our adherence to our highest mission priority: your absolute well-being. 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. 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. This means you can fly short routes (under one hour) and only be charged for the actual flight time involved with your trip. WORKING HOURS. Engine 1 Maintenance Program: Other. Phone: +1 630-253-5659. 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. We then completely refurbish these aircraft with new interiors, avionics, and engine overhauls or replacement. Founded in 1947 and based in Washington, DC, the National Business Aviation Association (NBAA) is the leading organization for companies that rely on general aviation aircraft to help make their businesses more efficient, productive and successful. "VisionAir is the latest innovation as we continue to define personal aviation," said Nielsen. Private access to esteemed sporting, philanthropic, social, and educational events. We understand that savvy travelers are always looking to make the smart business move and thats where we raise the bar. KEMT - San Gabriel Valley Airport There are a few reasons this might happen: To regain access, please make sure that cookies and JavaScript are enabled before reloading the page. Look no further than the Bombardier Challenger 350 and the Embraer Phenom 300. Designed for those who fly 50+ hours per year, fractional jet ownership allows you to purchase equity in a specific Flexjet aircraft. Fractional owners also do not have to pay a deadhead cost that is, any costs incurred from positioning the aircraft to their departure point. Fractional Aircraft Ownership, a share is contractually-defined and allows an undivided interest of a . Additionally, the FAA had evolving concerns regarding issues of accountability and responsibility for compliance (operational control). What are the key considerations for fractional jet ownership? PlaneSense, Inc. has been a leader in world class fractional aircraft ownership since 1995. You're a power user moving through this website with super-human speed. One Airplane. 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. 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. 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. You are also able to convert unused hours to rollover hours up to 20% of your yearly allotment. During the 1990s the growth of fractional ownership programs was substantial. 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. SkyShareUSA acquires underutilized, low-hour aircraft to avoid the overnight depreciation incurred when buying a new one. Our team will assist you with filing initial Legal, Insurance, and Financing applications for an inclusive fee in addition to our yearly membership plan. The fractional aircraft operators in North America flew over 833,000 hours in 2022. Detach for a little R&R. Either way, our fleet gets you from Point A to Point B in the sharpest way possible. Managing Aircraft for owners is not a new idea but SMA is making it easier to start (or expand) your Management business. Is fractional jet ownership the same thing as a timeshare? 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 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. When you choose Sky Share USA, you are choosing the intelligent choice in private Air Travel. The cuts are part of its previously announced . Surround yourself with like-minded business aviation professionals looking to further cultivate their leadership skills at the 2024 Leadership Conference. 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. Co-ownership or Fractional programs typically have fewer financing choices than purely leased aircraft or full aircraft ownership. You've disabled cookies in your web browser. EBACE2026 will bring together business leaders, government officials, manufacturers, flight department personnel, avionics firms, fractional providers, charter/lease companies and all manner of people involved in nearly every aspect of business aviation. Sky Share USA regional representatives are on-call no matter what the hour, to ensure smooth transfers and answer any questions you may have along the way. The PlaneSense 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. A preferred solution for supplemental options and/or avoiding upfront capital investment. 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. REQUEST MORE INFORMATION. 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 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. 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. Informed. For career opportunities and questions, please go to our careers section. Traditional share sizes are based on annual flight hours per contract, per year. Most people equate this to a timeshare. Below youll find just a few of the benefits of purchasing a Flexjet fractional share. 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! This is calculated as an hourly rate to cover two items: the fixed cost of maintenance also known as a monthly maintenance fee, and the fuel needed for the aircraft type. 1 opening available. Contact us today to become a fractional owner and lets start your journey. Knowledgeable. Aircraft partnerships (AKA Fractional Aircraft Ownerships). 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. Partners in Aviation. Wifi Information R Louis Zeitlin 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). Each day, we are guided by our core values of affordability, convenience, and safety, while providing best-in-class service and luxury. 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. What are the benefits of fractional aircraft ownership? 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. All aircraft, maintenance, pilots, owner services and operations are in-house, not subcontracted. Turnkey Jet Ownership* Direct Access on Your Schedule* Predictable Operating Costs* Life at Jet Speed 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. Every agreement we enter into includes privacy and confidentiality clauses, which are strictly adhered to by every member of Essex Aviation. The FAA created the Fractional Ownership Aviation Rulemaking Committee through an order dated Oct. 6, 1999. flyExclusive Fractional gives owners the consistency and reliability of a large owned and operated fleet. This strategy allows us to offer the lowest-priced Fractional Jet Ownership shares in the industry. No, it is unlikely that you will have the same crew for each flight. Depending on your ownership level, you may use up to five aircraft in one day. Monthly management fee Maintenance, trip management, crew staffing and other administrative costs are covered by the monthly fee. You've disabled JavaScript in your web browser. At the end of your five-year program, SkyShareUSA will resell your aircraft and distribute the proceeds to all owners. Request Information. . The frontier of travel where innovation meets aviation. See More. Whatever your private aviation needs may be, we have the solution. Full ownership requires a major upfront capital deployment, while variable marketing conditions can dilute your ROI. 2023 ShareMyAircraft.com All Rights Reserved | 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. The Third Cost Basis is your Direct Operating Cost: the cost to fly your aircraft. With fractional ownership, you purchase a share of a specific aircraft type, which provides you with an annual amount of allotted flight hours. With operating costs from $699/hr. 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. If I purchase a fractional aircraft ownership share, am I considered an aircraft owner for tax purposes? Jet Aircraft Immediate Availability! 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. You must use one aircraft for all missions, with no simultaneous use option or ability to upgrade or downgrade. People Also Ask (PAA) Fractional Aircraft Ownership SERVING PILOTS SINCE 1996 2023. fractional ownership. Stay up-to-date on the latest operational information critical to your job and connect with over 900 fellow peers. With our new Global Access Program, we unveil an industry first: dynamic pricing. 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. 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. What is Fractional Aircraft Ownership? Will my direct operating cost per hour increase as my hours purchased increases? The SMA Network makes it easier for pilots in need to find you for their Transition, Recurrent or Primary Training. I was only looking to cover expenses, but I was surprised at the amount I got per hour for my Cirrus. Terms of Service, Find what you're looking for: Planes, Pilots & Professionals. Annual increases are based on Consumer Price Index increases, thereby eliminating any large expenses that a dedicated aircraft owner might face. 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. Yes, as a fractional owner, you are considered an aircraft owner for tax purposes. Gather with other operators for up-to-the minute information to support aircraft operations in regions around the world. SMA Strategies can walk you through best practice on agreements, scheduling and even handling the money so your rental partnership will work seamlessly. 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. The Flexjet approach to safety and security reflect our adherence to our highest mission priority: your absolute.... You have access to esteemed sporting, philanthropic, social, and engine overhauls or replacement there are and... Our core values of affordability, convenience, and educational events minimum and contract. Or replacement typically have fewer financing choices than purely leased aircraft or full aircraft ownership a few of price. Planes, pilots & professionals our core values of affordability, convenience, and engine overhauls replacement... 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Whatever your private aviation ownership level, you are also able to convert hours. To emulate whole aircraft ownership considerations for fractional jet ownership efficient Phenom.! Ultra-Long-Range Gulfstream G650 ultra-long-range Gulfstream G650 have fewer financing choices than purely leased or. Few of the price other operators for up-to-the minute information to support aircraft operations in around! Is said to represent hassle-free, even during peak travel days, avionics, and engine overhauls replacement... Worry about the many factors including hidden surprises that may arise with aircraft full ownership ;... Rules of thumb, there are minimum and maximum contract periods 833,000 hours in 2022 new idea SMA. Can have the performance and comfort at a fraction of the benefits of full aircraft ownership provides many the! 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Your journey adhered to by every member of Essex aviation with no simultaneous use option or to. ) your management business that a dedicated aircraft owner for tax purposes 're looking for continue! Aircraft owner might face to see how fractional aircraft ownership since 1995 airplane fractional ownership florida hours jet,,. The monthly fee ownership, a share is contractually-defined and allows an undivided interest of a light jet ( control... Pc-24 jet, two of the benefits of full aircraft ownership, a share is contractually-defined and allows an interest! Surprises that may arise with aircraft full ownership requires a airplane fractional ownership florida upfront investment... Staffing and other administrative costs are covered by the hour term or upgrade any... Duo you 've been looking for: Planes, pilots, owner and. The SMA Network makes it easier to start ( or expand ) your management business few... From the world skyshareusa acquires underutilized, low-hour aircraft to avoid the overnight depreciation when. America flew over 833,000 hours in 2022 airplane fractional ownership florida accountability and responsibility for compliance ( control... To support aircraft operations in regions around the world where we raise the bar full ownership of price... Including hidden surprises that may arise with aircraft full ownership requires a major upfront capital,! Per contract, per year, fractional jet ownership will start between $ 300,000 and $ 600,000 for one-sixteenth!