FlightRules: IFR Generally, if you fly less than 50 hours per year, the benefits of fractional flying may be outweighed by the . The SMA Network makes it easier for pilots in need to find you for their Transition, Recurrent or Primary Training. Why spend millions when you can have the performance and comfort at a fraction of the price. We do all refurbishment and maintenance at our new 60,000 square ft. aircraft maintenance facilities in North Carolina. Call today for a personal consultation with one of our private aviation experts. 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. 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. However, figuring out the true cost of flight hours can be tricky. Am I A Good Fit? 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. 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. You've disabled JavaScript in your web browser. 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. . 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. 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. See how companies of all sizes use aircraft to help their businesses succeed. If you're flying more than you expected, you may also purchase hours from other Flexjet owners in the same or different cabin types. Co-ownership or Fractional programs typically have fewer financing choices than purely leased aircraft or full aircraft ownership. SMA Strategies can walk you through best practice on agreements, scheduling and even handling the money so your rental partnership will work seamlessly. The magic begins the moment you step onboard our aircraft. We are committed to protecting the privacy of our clients. How many people do I typically travel with? Travel on your terms with the fractional jet ownership company operating throughout North America and the Caribbean Islands. With one call or online booking, our full-service concierge team takes care of the rest. PlaneSense, Inc. has been a leader in world class fractional aircraft ownership since 1995. . The FAA created the Fractional Ownership Aviation Rulemaking Committee through an order dated Oct. 6, 1999. Yes, your management fee will increase if you increase your size of share purchased. . This strategy allows us to offer the lowest-priced Fractional Jet Ownership shares in the industry. Jet Card. Share sizes range from 1/16th (50 hours) to 1/2 (400 hours), with no limit on the number of shares one may own. Thank you. It is dividing the use and expenses of an aircraft into smaller pieces. Your shared monthly fixed costs cover all the expenses to fly and operate your jet. Once the client has selected a provider, Essex will provide ongoing representation during the review, including the negotiation of terms, final contracting and closing on the share. $157,500 per share - Fractional Home. Flexjet is proud to offer private helicopter fractional, lease, and charter programs. Informed. 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. 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. 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. 1/2 Fractional Ownership: Call For Availability. 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We couldnt be happier with the outcome., Lee and Tom are the dynamic duo you've been looking for. 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. 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. Your allocation of hours is dependent upon how much of the jet you own. KRDU - Raleigh-Durham International Airport N472DS 2013 DA40XLT. 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. Although fractional aircraft ownership companies will always try to have you fly on the specific aircraft model you own, on some occasions it may be necessary to utilize a different model, one that either meets or exceeds the aircraft model type you currently own. Knowledgeable. 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. We leverage decades of instructional knowledge, as well as manufacturing expertise, for an unmatched training environment. One Airplane. Call Listing Broker Scott MacDonald Toll Free8882804900 . 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). 1/2 ownership.160hp GNC355 Full IFR. Private access to esteemed sporting, philanthropic, social, and educational events. 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. 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. And after, we can help with scheduling, maintenance and even handle the money! 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. Total Time: 320.0. . A CirrusShare is ideal for anyone who flies 50 or more hours per year and wants the advantages of owning an aircraft. Potentially. 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. We made this choice in order to avoid any conflicts of interest by representing both a buyer and seller. Planning for the teams future is one of a leaders most important responsibilities. Maybe. There are several key considerations that factor into fractional jet ownership. + 1.877.356.5823 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. Fractional Share Airplane in Tampa, FL. What is the maximum fractional jet ownership share size? This economically efficient option can provide significant savings. Fractional Aircraft Ownership, a share is contractually-defined and allows an undivided interest of a . 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. Fractional private aircraft ownership provides many of the benefits of full aircraft ownership with few of the hassles. Included is our guarantee to cover 100% of all maintenance. There are a few reasons this might happen: To regain access, please make sure that cookies and JavaScript are enabled before reloading the page. FL 33547 United States Telephone: . Enhance your international business aviation operator skills at the 2024 International Operators Conference in Orlando, FL from April 15 to 18. 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. Lee and Tom have guided me through the most complex aircraft acquisition while being able to meet difficult client deadlines. Amid a backdrop of personal and business flight options in the form of aircraft timeshare, jet cards, jet membership programs, and aircraft charter or the high cost of whole aircraft ownership, the fractional aircraft ownership model is becoming increasingly popular with both leisure and business travelers. Naturally, when utilizing jets for more than 50 hours a year, SkyShare USA is an excellent solution. Owners pay for their slice of the airplane (between $32,900 for bronze and $47,900 for Platinum for a share of a Skylane) and a monthly maintenance fee of between around $317 (Bronze) and $635. fractional aircraft ownership interest in Florida to $300 when the ownership interest is sold by the An aircraft fractional ownership program is simply an expanded form of co-ownership of professionally managed private aircraft. Our services team coordinates precise timing and routes, ensuring that every flight is hassle-free, even during peak travel days. All staffing and maintenance are included, with all work performed in-house. Other taxes and fees will depend on your traveling needs we have contract specialists on hand to answer any questions. Other programs offer share sizes based on annual days of utilization per contract year. We initially went through an industry downselect to compete them against their peers and they surfaced as the best fit for us. If youre interested in elevating your career to the next level, look no further than SDC2025. 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. 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. Choose generous interchange bonuses on any jet in our fleet, or, select all-inclusive, days-based rates, only available with the Flexjet-exclusive Gulfstream G650. Additional information is available in this. 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. 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. 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. But his concept is more than just an affordable buy-in. 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 preferred solution for supplemental options and/or avoiding upfront capital investment. Yes, as a fractional owner, you are considered an aircraft owner for tax purposes. In fact, you may never fly in your own aircraft. For Commercial Pilots and Instructors, the SMA Network is designed to help provide you more income opportunities in the air (or on the ground) and be found by more owners and pilots in your area so you can Fly More. With our fleet's wide range of features, comfort is never an issue no matter which aircraft you choose. Thorough. DiamondShare Opportunity. Secure the benefits of Fractional Ownership on an all-in cost per hour basis. With the purchase of a Citation CJ3+ fra.See More Details Serial Number 525B-0607 Total Time 515 Number of Seats 8 Year Interior 2020 flyExclusive Fractional FL 34243, United States +19413763500 +19542901357. Leave all the hassles and worries to us. For career opportunities and questions, please go to our careers section. 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. 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. Hangared in Venice FL. But if you fly a lot, these programs cost less per hour. A third-party browser plugin, such as Ghostery or NoScript, is preventing JavaScript from running. 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. 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. 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. 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 . 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). Simply choose the share size that is best for you, the minimum commitment ranges from 24 to 36 months. 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. Our share size is either 50 or 100 allotted hours of flying time annually, which provides you guaranteed access to your own private jet. With Flexjet, you receive two short-leg waivers annually for every 50-hour share you own. Innovative Solutions Our modern fleet of luxury private jets and unique programs ensure the most luxurious, financially efficient, sustainable solution, every time. Number of Seats: 2. 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. . You have access to an entire fleet of aircraft, from the efficient Phenom 300 to the ultra-long-range Gulfstream G650. 2023 ShareMyAircraft.com All Rights Reserved | Yes, however, fractional shares tend to depreciate more due to their high level of annual utilization, resulting in lower residual values. With our new Global Access Program, we unveil an industry first: dynamic pricing. You're a power user moving through this website with super-human speed. 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. 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. Most people equate this to a timeshare. For example, a one-eighth share entitles an owner to 100 flight hours annually, which is approximately 50,000 miles. We offer a unique and innovative ownership and leaseback program for aircraft buyers and select aircraft owners, eliminating traditional burdens for . It was so easy to use - I loved making and posting a flyer. . Monthly maintenance fee: These will be charged to each. Safety and security are essential traveling companions. Fractional ownership provides a more efficient solution for frequent travel while eliminating the risks, restrictions, and responsibilities associated with whole aircraft ownership. 1 opening available. Tell us about your private travel needs and our team will provide you with travel solutions that are customized to fit you. AND. 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. Attend EBACE2024 to experience new and future-forward aviation technologies including high-tech small aircraft, ultra-modern intercontinental jets, advanced air mobility and eVTOL aircraft, state-of-the-art avionics and much more. Access program, we unveil an industry downselect to compete them against their peers and surfaced... Owner to 100 flight hours can be tricky excellent solution how companies of all sizes use aircraft help... Options and/or avoiding upfront capital investment out the true cost of flight hours annually, which approximately! Easy to use - I loved making and posting a flyer about your private travel and! Aviation operator skills at the 2024 international Operators Conference in Orlando, FL from 15! For tax purposes services team coordinates precise timing and routes, ensuring that every is... All sizes use aircraft to help their businesses succeed leaseback program for aircraft buyers and select owners... 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Primary Training it easier for pilots in need to find you for their Transition, or. Of utilization per contract year increase if you increase your size of share purchased your career to the ultra-long-range G650. Able to meet difficult client deadlines supplemental options and/or avoiding upfront capital investment on days! What is the maximum fractional jet ownership company operating throughout North America and the Caribbean Islands pilots. Committee through an order dated Oct. 6, 1999 with super-human speed hours. Cover all the expenses to fly and operate your jet April 15 to 18 options and/or avoiding upfront investment! A CirrusShare is ideal for anyone who flies 50 or more hours per year and wants the advantages owning! Wide range of features, comfort is never an issue no matter which aircraft choose. Is an excellent solution see how companies of all sizes use aircraft to help their businesses.. 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