The 2024 NBAA Schedulers & Dispatchers Conference offers the opportunity for attendees to further their professional development through up-to-date education sessions and a wide variety of networking events. 1999 CESSNA CITATION JET For Fractional Ownership in San Diego, California at Controller.com. Thorough. High/Low/Average 1 . Essex Aviation recommends that prospective fractional jet ownership clients consider the following before making a decision: There are two options when purchasing fractional shares: an hours-per-year model and a days-per-year model. SkyShareUSAs program is simple, efficient, and transparent. All fractional operations will be in compliance with the new rule by the February 2005 deadline. 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 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. You've disabled JavaScript in your web browser. It made the difference in my flying! 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. 2024 NBAA Maintenance Conference . . This is because lenders have fewer opportunities to get full collateral interest on these loans. If you're flying less than expected, reduce your costs by selling hours to other Flexjet owners. I really liked the fact that I could ask for exactly who I wanted. We leverage decades of instructional knowledge, as well as manufacturing expertise, for an unmatched training environment. 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. Managing Aircraft for owners is not a new idea but SMA is making it easier to start (or expand) your Management business. Similarly, the Eclipse is available at a 25-hour "Jet Card" rate for $40,000, or two partial-ownership programs offering 50 days per . Exclusive access to the events and occasions in destinations that embody our brand. Fractional ownership provides a more efficient solution for frequent travel while eliminating the risks, restrictions, and responsibilities associated with whole aircraft ownership. Deprecated items of equipment or a charitable donation may qualify for a tax write-off. Upon your return, access to your personally owned vehicle will be waiting for you. 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. 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. Our uncompromising standards in both service and safety ensure you can fly with true peace of mind. $7,500 FORANE , Sep 25, 2022 Replies: 2 Views: 955 Dana Oct 8, 2022 For Sale: Aircraft 1972 Bellanca Super Viking (300hp) ($85k) bradg33 , Oct 3, 2022 Replies: 7 Views: 794 Arnold Oct 6, 2022 Wanted: Partnership Seeking Sacramento area partnership juansg , Jan 20, 2020 Accomplish more during your corporate or personal travel with our onboard Wi-Fi system for talk and text. Step off a Sky Share USA jet and into a private limousine, town car, or a prearranged rental car. By submitting the form, you consent to such processing. . Lee Rohde and Tom Mitchell have been working in the aviation business for a combined 70+ years. 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. Every pilot is type-rated in their assigned aircraft. Fractional Aircraft Ownership SERVING PILOTS SINCE 1996 2023. fractional ownership. This varies depending on the aircraft type and size of the share. Fractional lets you secure the best aspects of whole aircraft ownership for a portion of the cost and with none of the responsibility. With Flexjet, you receive two short-leg waivers annually for every 50-hour share you own. Your contract will include a set number of overnights with no daily minimums for the overnights you select. A preferred solution for supplemental options and/or avoiding upfront capital investment. No worries or additional costs. . The smallest fraction is typically 1/16th equivalent to 50 flying hours per year. I worked with them on a lengthy process, from identification of plane, purchase, full refurbishment, staff assignments thru delivery. Saint Charles, Illinois, USA. You've disabled cookies in your web browser. If you're flying more than you expected, you may also purchase hours from other Flexjet owners in the same or different cabin types. Am I A Good Fit? When two or more peopletypically a multiple of 1/16share ownership of an aircraft, it's considered a fractional ownership agreement. All aircraft, maintenance, pilots, owner services and operations are in-house, not subcontracted. Hangared in Venice FL. KRDU - Raleigh-Durham International Airport N472DS 2013 DA40XLT. Fractional jet ownership does not meet the provisions outlined in FAR Part 91.501(c)(1). Size Rankings The other common ownership fractions are: 1/8 = 100 hours 1/4 = 200 hours 1/2 = 400 hours For Sale: Aircraft Possibly the cheapest airworthy aircraft on the market. 24/7 access to your personal concierge, every day of the year, including weekends and holidays, because were there when you need us most. 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. 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. Fractional Jet Ownership Unprecedented Access to Private Air Travel. Our share size is either 50 or 100 allotted hours of flying time annually, which provides you guaranteed access to your own private jet. 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). Private access to esteemed sporting, philanthropic, social, and educational events. . 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. Total Time: 320.0. Flexjet is proud to offer private helicopter fractional, lease, and charter programs. After completing the CAPTCHA below, you will immediately regain access to the site again. Total hourly rate charge (THR) The THR is the rate you pay per hour flying, and includes the cost of fuel. 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. Jet Card. Our elite team of aviation experts handles every detail, from trip planning to maintenance. DiamondShare Opportunity. The user is allowed 75-100 hours of usage per calendar year. The Flexjet fractional ownership program presents many extras, including Red Label by Flexjet. 212.0597. Fractional ownership is basically a partnership with multiple buyers at the corporate level. Follow our press to stay current on all aviation media releases. Red Label lets you enjoy the best of whole ownership for a fraction of the cost thanks to crews dedicated to your tail number, interior designs from our LXi Cabin Collection, and much more. 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. "Now, new Vision Jet owners can simply arrive and fly. 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. Average capital fees for fractional jet ownership will start between $300,000 and $600,000 for a one-sixteenth share of a light jet. Get answers to frequently asked questions about fractional ownership. This feature increases the availability to all owners. Surround yourself with like-minded business aviation professionals looking to further cultivate their leadership skills at the 2024 Leadership Conference. Included is our guarantee to cover 100% of all maintenance. Equity Fund, Shared Ownership. A third-party browser plugin, such as Ghostery or NoScript, is preventing JavaScript from running. Turnkey Jet Ownership* Direct Access on Your Schedule* Predictable Operating Costs* Life at Jet Speed The hours-per-year model is based on shares totaling 800 occupied hours per year sold for each aircraft. Fractional ownership grants guaranteed access to a private aircraft based upon the number of flight hours purchased. Consequently, SkyShareUSA has the lowest Fixed Monthly Fee in the industry. term of 30 months. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); How frequently do my travel needs change? Secure the benefits of Fractional Ownership on an all-in cost per hour basis. No, your direct operating cost per hour will remain the same even if you increase your size of share purchased. Search NBAA's Products & Services Directory by selecting the "Fractional Share Providers" product category. 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. Engine 1 Maintenance Program: Other. The PlaneSense Fractional Program. 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. Again, Essex Aviation encourages all prospective clients to seek tax counsel for more information. This option can provide significant savings by making up to 25% of your hours available to other Owners within the Versatility Plus pool. The West Coast of Florida offers a tropical climate that makes it possible to fly all year round in beautiful blue skies . 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 . Professional. We are committed to protecting the privacy of our clients. 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. 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 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. The First Cost Basis is signing your purchase agreement for your Fractional Share of a particular type of aircraft. 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. 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. 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. Two Owners. 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. A CirrusShare is ideal for anyone who flies 50 or more hours per year and wants the advantages of owning an aircraft. You are fully covered with our 100% guaranteed airframe and engine protection plans at a fixed hourly rate. With the SMA Network you can find the perfect pilot (up to 4 without changing your insurance) to rent your plane hourly. Print Share. Florida "My 'stretch goal' was the CJ3+, but it was difficult to justify based on my . 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. 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. The average price per hour varies slightly depending on exact aircraft configuration and operating costs. EBACE2017 will bring buyers and sellers together as Europes premier event dedicated to showcasing business aviation products and services. Pros: Jet aircraft are much cheaper when divided up into four, six or eight shares. Yes, your management fee will increase if you increase your size of share purchased. 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. Informed. How much does fractional aircraft ownership cost? Share sizes start at 50 annual flight hours and increase in 25-hour increments. What is the minimum fractional jet ownership share size? Interior recently restored in beautiful cream with gray accents. Another benefit of fractional shares for luxury travel is exclusive access to a fleet of luxury jets. The Third Cost Basis is your Direct Operating Cost: the cost to fly your aircraft. Most fractional jet ownership programs require a minimum share size of 50 hours of flight time per year. 1 opening available. 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. The SMA Network can help you find the perfect fractional situation where you can enjoy all the benefits of true plane ownership, but without the full costs associated with owning and maintaining a plane alone! Why spend millions when you can have the performance and comfort at a fraction of the price. Aircraft partnerships (AKA Fractional Aircraft Ownerships). The industry generally believes fractional jet ownership is cost-efficient as long as your usage is at least 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. We couldnt be happier with the outcome., Lee and Tom are the dynamic duo you've been looking for. Asset purchase - this upfront cost covers your share of the aircraft. 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 ownership operations began in 1986 with the creation of a program that offered aircraft owners increased flexibility in the ownership and operation of aircraft. 1/2 ownership.160hp GNC355 Full IFR. Depending on their needs, fractional jet owners may choose to reinvest in another by the hour term or upgrade at any time. 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. Typically, fractional programs require a minimum share size of 50 hours of flight time per year to acquire a share. 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. Mon -- 9:00 am - 5.00 pm. Typically, fractional programs require a minimum share size of 50 hours of flight time per year to acquire a share. No, it is unlikely that you will have the same crew for each flight. Additional information is available in this. Aircraft for Fractional Ownership; Aircraft for Sale; Aircraft Appraisal; . SkyShareUSA acquires underutilized, low-hour aircraft to avoid the overnight depreciation incurred when buying a new one. Enter a world of exceptional experiences designed to emulate whole aircraft ownership. 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. With SkyShareUSA, these fees can be completely ELIMINATED. As the length of your trip increases, the hourly rate decreases, providing an attractive solution for cross-country or international travel. | Fractional ownership of aircraft is an arrangement in which multiple owners share the use and costs of purchasing and operating an aircraft. Request Information Flexjet Lease Components Flexjet offers a wide range of private travel options, including jet leasing. Most people equate this to a timeshare. SkyShare USA may have some options to assist you with financing a fractional aircraft ownership program or fractional share. Fractional ownership allows the purchaser to own a slice of a specific aircraft (typically between one sixteenth and one half) through a fractional share provider who will guarantee supply of an aircraft as needed, either your plane or a comparable one. 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. Phone: +1 630-253-5659. Simply choose the share size that is best for you, the minimum commitment ranges from 24 to 36 months. Choose generous interchange bonuses on . Call us now at 407-923-2336 to learn more about SkyShare USA. This is based on an hourly rate and your flight hours are billed monthly. It was so easy to use - I loved making and posting a flyer. Full ownership requires a major upfront capital deployment, while variable marketing conditions can dilute your ROI. This field is for validation purposes and should be left unchanged. Detach for a little R&R. Either way, our fleet gets you from Point A to Point B in the sharpest way possible. SkyShare USA was founded on the idea that jet ownership can be simple and affordable. . Aircraft listing and Share Liquidity. Other taxes and fees will depend on your traveling needs we have contract specialists on hand to answer any questions. If I purchase a share of a specific aircraft model, does that mean Ill only fly on that specific model? 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. What is the length of commitment for fractional aircraft ownership? 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. 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