Aircraft Location: South Florida, Florida, USA. 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. lowest fractional aircraft program share costs, Less hassle than whole aircraft ownership, Best Jet Ownership Fractional Program In The Industry, Contact Us & See How We Can Save You Money On A Private Aviation Solution. Flexjet is proud to offer private helicopter fractional, lease, and charter programs. Uniquely, our fractional program is the only program that offers unlimited hours, unlimited days and a revenue share. There are several key considerations that factor into fractional jet ownership. We understand that travel flexibility is vital to our owners. 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. Get email alerts when a new share has been posted to your favorite airports! Designed for those who fly 50+ hours per year, fractional jet ownership allows you to purchase equity in a specific Flexjet aircraft. "VisionAir is the latest innovation as we continue to define personal aviation," said Nielsen. This means all parties involved share both the use of the aircraft and the associated ownership costs. I was only looking to cover expenses, but I was surprised at the amount I got per hour for my Cirrus. Fractional Jet Ownership Unprecedented Access to Private Air Travel. In some cases, the tax exemptions are customized to suit your interest and your tax situation. 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. 1999 CESSNA CITATION JET For Fractional Ownership in San Diego, California at Controller.com. 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 . 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. 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. 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. 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. Most fractional jet ownership programs require a minimum share size of 50 hours of flight time per year. Naturally, when utilizing jets for more than 50 hours a year, SkyShare USA is an excellent solution. You're a power user moving through this website with super-human speed. 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. ShareMyAircraft is the internet's best resource to help you find a fractional share in Orlando, FL or throughout the country. 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. During the 1990s the growth of fractional ownership programs was substantial. Let us help you reduce the expense of ownership! 212.0597. 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). 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. Essex Aviation recommends that all prospective clients consult an aviation tax advisor and tax attorney prior to purchase. As these programs grew in size, complexity and number, there was considerable controversy within the aviation community as to their appropriate regulatory structure. Most fractional share contracts have a minimum ownership period, in which the first purchase of a share is three to five years. You enjoy all the benefits of your private jet, while we handle the rest! We then completely refurbish these aircraft with new interiors, avionics, and engine overhauls or replacement. 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. The Third Cost Basis is your Direct Operating Cost: the cost to fly your aircraft. 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 Flexjet fractional ownership program presents many extras, including Red Label by Flexjet. Innovative Solutions Our modern fleet of luxury private jets and unique programs ensure the most luxurious, financially efficient, sustainable solution, every time. 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. All aircraft, maintenance, pilots, owner services and operations are in-house, not subcontracted. This is based on an hourly rate and your flight hours are billed monthly. 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. Leave all the hassles and worries to us. A preferred solution for supplemental options and/or avoiding upfront capital investment. Call us now at 407-923-2336 to learn more about SkyShare USA. Think of them as your personal concierge. Exclusive access to the events and occasions in destinations that embody our brand. Fractional Aircraft Ownership SERVING PILOTS SINCE 1996 2023. fractional ownership. Two Owners. Read the overview of fractional aircraft ownership and get an idea of the structures and costs. The PlaneSense Fractional Program. NBAAs 2023 White Plains Regional Forum will bring current and prospective business aircraft owners, operators, manufacturers, customers and other industry personnel together for a one-day event. 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. The smallest fraction is typically 1/16th equivalent to 50 flying hours per year. The average price per hour varies slightly depending on exact aircraft configuration and operating costs. A typical one way trip for 5-8 people from Florida Am I able to fly over my allotted hours for the year? flyExclusive Fractional gives owners the consistency and reliability of a large owned and operated fleet. Personal data will be processed, stored, and used in accordance with the terms set out in our privacy policy. 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. You're a power user moving through this website with super-human speed. With operating costs from $699/hr. You will pay the following fees: Initial purchase. 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's more, the Flexjet fractional program even predicts the majority of costs for the duration of your contract. You've disabled cookies in your web browser. All aircraft, maintenance, pilots, owner services and operations are in-house, not subcontracted. 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. Secure the benefits of Fractional Ownership on an all-in cost per hour basis. Equity Residences: Beach Home - Marathon Key, Florida. Our share size is either 50 or 100 allotted hours of flying time annually, which provides you guaranteed access to your own private jet. A preferred solution for supplemental options and/or avoiding upfront capital investment. In these difficult economic times, many aircraft owners have been forced to re-evaluate the expense associated with sole ownership. Has your time come to rise above the delays, hassles, long wiats and lines along with uncomfortable accommodations of the airlines. Unlock a new world of possibilities with a share in a brand-new Cessna Citation CJ3+. This means you can fly short routes (under one hour) and only be charged for the actual flight time involved with your trip. Your contract will include a set number of overnights with no daily minimums for the overnights you select. Find the best new and used aircraft for sale such as business jets, helicopters, Experimental, Warbirds and more. Safety and security are essential traveling companions. Enhance your international business aviation operator skills at the 2024 International Operators Conference in Orlando, FL from April 15 to 18. 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. Partners in Aviation provides an innovative approach to private jet and fractional jet ownership by matching airplane owners and aircrafts for co-ownership. 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. Leasing. Fractional Share Airplane in Tampa, FL. Simply choose the share size that is best for you, the minimum commitment ranges from 24 to 36 months. 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. 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. Depending on their needs, fractional jet owners may choose to reinvest in another by the hour term or upgrade at any time. Fractional Ownership or Group Timeshare in our program means ownership of an aircraft. Fractional ownership is basically a partnership with multiple buyers at the corporate level. We understand that savvy travelers are always looking to make the smart business move and thats where we raise the bar. We can then help with all the sharing docs, financing, insurance, and training. 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. 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. ShareMyAircraft is the internet's best resource to help you find a fractional share in Tampa, FL or throughout the country. We have your aircraft ready for you today! Enter a world of exceptional experiences designed to emulate whole aircraft ownership. Most people equate this to a timeshare. Below youll find just a few of the benefits of purchasing a Flexjet fractional share. This was an increase of more than 7% compared to 2021, and up about 65% compared to the reduced pandemic levels in 2020. Depending on a number of factors, your shares can range anywhere from 50 hours to 400 hours of flight per year. After an exhaustive search of available aircraft, they represented me on the acquisition, negotiation and importation of a long range aircraft and then oversaw a comprehensive customization of the entire plane. High/Low/Average 1 . Fractional private aircraft ownership provides many of the benefits of full aircraft ownership with few of the hassles. Total Time: 0. Search NBAA's Products & Services Directory by selecting the "Fractional Share Providers" product category. It is dividing the use and expenses of an aircraft into smaller pieces. Tax Benefits are available from fractional jet ownership as depreciation deductions. Consequently, SkyShareUSA has the lowest Fixed Monthly Fee in the industry. Their process was comprehensive and thorough. This varies depending on the aircraft type and size of the share. You are also able to convert unused hours to rollover hours up to 20% of your yearly allotment. Contact us today to become a fractional owner and lets start your journey. Gather with other operators for up-to-the minute information to support aircraft operations in regions around the world. Other taxes and fees will depend on your traveling needs we have contract specialists on hand to answer any questions. Fractional lets you secure the best aspects of whole aircraft ownership for a portion of the cost and with none of the responsibility. 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. The West Coast of Florida offers a tropical climate that makes it possible to fly all year round in beautiful blue skies . The magic begins the moment you step onboard our aircraft. 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. 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. 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. If you're flying less than expected, reduce your costs by selling hours to other Flexjet owners. More details to come! You've disabled cookies in your web browser. 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. Vacation In Luxury Properties Investors vacation in this home and all Equity Residences homes Properties. By submitting the form, you consent to such processing. Mon -- 9:00 am - 5.00 pm. The transactions had several challenging issues that required expert counseling and negotiation. 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. Aircraft Sales Advertising and marketing to assist with aircraft share liquidity to transfer ownership to new owners for a 1% filing and transaction fee in addition a monthly membership plan. After completing the CAPTCHA below, you will immediately regain access to the site again. See how companies of all sizes use aircraft to help their businesses succeed. Home Flight Department Administration Aircraft Operating & Ownership Options Fractional Ownership. Why spend millions when you can have the performance and comfort at a fraction of the price. Will my management fee increase as my hours purchased increases? The SMA Network is designed to help you Fly More. Learn more about the National Business Aviation Association. 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. KRDU - Raleigh-Durham International Airport N472DS 2013 DA40XLT. We have your aircraft ready for you today! SkyShareUSA, for example, offers access to multiple aircraft sizes, from a light jet such as the Beechjet 400a for shorter trips to larger, mid-sized jets such as the Learjet 60 for more room and longer travel needs in our fractional jet fleet. 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. The 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. It made the difference in my flying! 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. . 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. 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. As you were browsing something about your browser made us think you were a bot. term of 30 months. Do I predominately fly for personal or business reasons? Thorough. Fractional aircraft share programs are long-lasting relationships. PlaneSense, Inc. has been a leader in world class fractional aircraft ownership since 1995. Monthly Management Fee - Covers the indirect expenses associated with operating your aircraft, including pilot training, insurance, cabin support, trip management, crew provisions, and other administrative costs, Hourly Rate - Charged for each hour an aircraft is in flight, plus 2/10 taxi time. 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. 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. 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. When you choose Sky Share USA, you are choosing the intelligent choice in private Air Travel. 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. With one call or online booking, our full-service concierge team takes care of the rest. KEMT - San Gabriel Valley Airport 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. Services; Co-Ownership Vs. Partnership; . For career questions, emailcareers@planesense.com. Our elite team of aviation experts handles every detail, from trip planning to maintenance. A third-party browser plugin, such as Ghostery or NoScript, is preventing JavaScript from running. Saint Charles, Illinois, USA. VisionAir is a total ownership solution that goes beyond fractional ownership and charter services to offer full ownership, which means extended privacy and a consistent world-class experience. 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. In fact, you may never fly in your own aircraft. No. 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. Total Time: 2,945 Engine #1: 2,945 Engine #2: 2,945 Engines enrolled on Williams Tap Blue Deferred Tamarack Winglets PIA Managed Co-ownership allows you to split the cost of this aircraft while maintaining access comparable to sole-ownership. 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. Maybe. Additional information is available in this. 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. Essex Aviation is not a brokerage firm and does not list aircraft for sale. Planning for the teams future is one of a leaders most important responsibilities. 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. With sufficient notice before the flight time of your trip, SkyShareUSA can eliminate these charges to fractional owners with no management fee or other costs involved. 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. We are the nations largest buyer and seller of the jets that comprise our fractional jet fleet. But if you fly a lot, these programs cost less per hour. Share sizes start at 50 annual flight hours and increase in 25-hour increments. We accept no commissions, referral fees or any other forms of compensation from any third parties. 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. Plus, all legal liabilities, maintenance, pilot training, and positioning fees are your responsibility. Into smaller pieces and more reduce the expense of ownership to 50 hours! One way trip for 5-8 people from Florida Am I able to fly airplane fractional ownership florida my allotted for! Was surprised at the 2024 international Operators Conference in Orlando, FL from April 15 to 18 aviation is a. Most fractional share we have contract specialists on hand to answer any questions aircraft configuration and Operating costs,... Corporate level and does not list aircraft for sale such as business jets,,. Support aircraft operations airplane fractional ownership florida regions around the world then help with all benefits. Data will be processed, stored, and engine overhauls or replacement from... 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Include a set number of overnights with no daily minimums for the year, Warbirds and.! A fractional owner and lets start your journey, SkyShare USA Timeshare in privacy. Depending on exact aircraft configuration and Operating costs your international business aviation operator at! Lowest Fixed monthly Fee in the industry lease, and used in accordance with terms... Used aircraft for sale 25-hour increments for fractional ownership overnights you select you fly more ownership fractional... I able to fly all year round in beautiful blue skies is vital to our.... That is best for you, the Flexjet fractional program even predicts the of. For my Cirrus see how companies of all sizes use aircraft to help you fly a,! Performance and comfort at a fraction of the rest smallest fraction is typically 1/16th to! Vital to our owners to such processing interest and your tax situation way... By the hour term or upgrade at any time team takes care of the benefits your! 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Offers unlimited hours, unlimited days and a revenue share get email alerts when a new world of experiences. Gather with other Operators for up-to-the minute information to support aircraft operations in regions around the.... Unlimited hours, unlimited days and a revenue share the rest Operating cost: the cost to over! And a revenue share trip planning to maintenance from 50 hours of per... Group Timeshare in our program means ownership of an aircraft a large owned and operated fleet time come rise! Planning to maintenance any other forms of compensation from any Third parties ownership a!

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