SMA Strategies can walk you through best practice on agreements, scheduling and even handling the money so your rental partnership will work seamlessly. 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. Services; Co-Ownership Vs. Partnership; . 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. Fractional jet ownership costs include the initial acquisition cost, monthly management fees and an hourly operating fee. 1st bar = Cost Per 100 hours x 5 years2nd Bar = Fixed monthly expenses3rd Bar = Direct operating costs4th Bar = Ownership percentage. 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. While you own - or lease - a specific aircraft tail number, you have access to your provider's entire fleet. Terms of Service, Find what you're looking for: Planes, Pilots & Professionals. Our leadership is comprised of a team of a dedicated services team and aircraft experts who collectively have over a hundred years of experience in managing, maintaining, and operating aircraft. Any client considering fractional jet ownership should ask themselves a few questions before making a decision: There are three basic costs associated with fractional aircraft ownership: The initial cost to purchase a share. The Flexjet approach to safety and security reflect our adherence to our highest mission priority: your absolute well-being. No. 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. 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. We initially went through an industry downselect to compete them against their peers and they surfaced as the best fit for us. Call today for a personal consultation with one of our private aviation experts. 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. After completing the CAPTCHA below, you will immediately regain access to the site again. Fractional Aircraft Ownership, a share is contractually-defined and allows an undivided interest of a . FL 33547 United States Telephone: . If your aircraft type doesn't suit you for . Aircraft; Videos; FAQ; Opportunities; Map; Sign in; Request Information . The Flexjet fractional ownership program presents many extras, including Red Label by Flexjet. It was so easy to use - I loved making and posting a flyer. But is leasing right for you? Let us help you reduce the expense of ownership! Your shared monthly fixed costs cover all the expenses to fly and operate your jet. Get paid and be a trusted source to help manage aircraft for owners. "VisionAir is the latest innovation as we continue to define personal aviation," said Nielsen. 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. FL 34243, United States +19413763500 +19542901357. Aircraft Location: Pompano Beach, Florida 1/10 Fractional Ownership: Call For Availability Total Time: 6,500 Number of Seats: 7 Interior Notes: Carrying 7 passengers and a crew of two, the interior dimensions measure: 15' 7" long, 4' 10" hig. All staffing and maintenance are included, with all work performed in-house. With Flexjet, you receive two short-leg waivers annually for every 50-hour share you own. With the SMA Network, your plane can earn you income while they fly and keep it maintained. We understand that savvy travelers are always looking to make the smart business move and thats where we raise the bar. 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. With fractional aircraft ownership, you purchase a share of a specific aircraft type to be utilized for a defined number of annual allotted flight hours. If you want to see how fractional aircraft options fit into the . By submitting the form, you consent to such processing. Thorough. With fractional, your upfront capital deployment is much smaller while your annual operating are significantly lower. Our share size is either 50 or 100 allotted hours of flying time annually, which provides you guaranteed access to your own private jet. What are the costs associated with fractional plane ownership? 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. 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 . One Airplane. Asset purchase This upfront cost covers your share of the aircraft. But if you fly a lot, these programs cost less per hour. 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. Discover a DiamondShare near you. Monthly maintenance fee: These will be charged to each. What is Fractional Aircraft Ownership? You will pay the following fees: Initial purchase. Personal data will be processed, stored, and used in accordance with the terms set out in our privacy policy. Our services team coordinates precise timing and routes, ensuring that every flight is hassle-free, even during peak travel days. The frontier of travel where innovation meets aviation. We realize plans change, but experiences shouldnt. 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. 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. 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. Phenom 300 Praetor 500 Challenger 350 Gulfstream G450 Gulfstream G650. info@floridaflightcenter.com. This was an increase of more than 7% compared to 2021, and up about 65% compared to the reduced pandemic levels in 2020. You are also able to convert unused hours to rollover hours up to 20% of your yearly allotment. 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. The Third Cost Basis is your Direct Operating Cost: the cost to fly your aircraft. 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. April 30 - May 2, 2024. . Included is our guarantee to cover 100% of all maintenance. Am I able to fly over my allotted hours for the year? Choose generous interchange bonuses on . Additionally, the FAA had evolving concerns regarding issues of accountability and responsibility for compliance (operational control). You can compare it to a time-share whereby your share defines how many hours you can use a plane during the year. . 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. 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 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. My plane is complex, so it was important for me to have someone with minimum time in my type and an instrument rating. Stay connected for business. 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. 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. Florida "My 'stretch goal' was the CJ3+, but it was difficult to justify based on my . PIPER CHEROKEE $33,000 FRACTIONAL OWNERSHIP OFFERED 1969 PA28-140. 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. Fractional jet ownership does not meet the provisions outlined in FAR Part 91.501(c)(1). A third-party browser plugin, such as Ghostery or NoScript, is preventing JavaScript from running. We made this choice in order to avoid any conflicts of interest by representing both a buyer and seller. We leverage decades of instructional knowledge, as well as manufacturing expertise, for an unmatched training environment. 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. Our elite team of aviation experts handles every detail, from trip planning to maintenance. SkyShare USA may have some options to assist you with financing a fractional aircraft ownership program or fractional share. Plus, all legal liabilities, maintenance, pilot training, and positioning fees are your responsibility. . With fractional, there are minimum and maximum contract periods. 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. For fractional share airplanes in Orlando, FL, browse our . As you were browsing something about your browser made us think you were a bot. Throughout the process, Essex was a knowledgeable, trustworthy and detail oriented partner.. 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. 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. Secure the benefits of Fractional Ownership on an all-in cost per hour basis. The transactions had several challenging issues that required expert counseling and negotiation. Indulge your taste for the extraordinary, special occasions, regional dishes and local favorites. During the 1990s the growth of fractional ownership programs was substantial. With one call or online booking, our full-service concierge team takes care of the rest. What is the length of commitment for fractional aircraft ownership? document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); How frequently do my travel needs change? Typically, fractional programs require a minimum share size of 50 hours of flight time per year to acquire a share. 1999 Cessna Citation Jet available for 50% co-ownership. The SMA Network is designed to help you Fly More. The PlaneSense Fractional Program. 2023 ShareMyAircraft.com All Rights Reserved | Share sizes range from 1/16th (50 hours) to 1/2 (400 hours), with no limit on the number of shares one may own. If youre flying less than you expected, reduce your costs by making hours available to other Flexjet owners. Partners in Aviation provides an innovative approach to private jet and fractional jet ownership by matching airplane owners and aircrafts for co-ownership. term of 30 months. Wifi Information R Louis Zeitlin Clients considering fractional aircraft ownership often have different expectations and have varying needs. You must use one aircraft for all missions, with no simultaneous use option or ability to upgrade or downgrade. For career questions, emailcareers@planesense.com. Yes, however, fractional shares tend to depreciate more due to their high level of annual utilization, resulting in lower residual values. For that you get 75 . . This is because lenders have fewer opportunities to get full collateral interest on these loans. Call Listing Broker Scott MacDonald Toll Free8882804900 . However, figuring out the true cost of flight hours can be tricky. 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. This means all parties involved share both the use of the aircraft and the associated ownership costs. As you were browsing something about your browser made us think you were a bot. Another benefit of fractional shares for luxury travel is exclusive access to a fleet of luxury jets. 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. The SMA Network makes it easier for pilots in need to find you for their Transition, Recurrent or Primary Training. Candid. What are the key considerations for fractional jet ownership? Aircraft Description $650,000 for 50% ownership in this excellent running low hours jet. 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. Lifestyle and educational content that brings our brand of aviation to life. I was never once disappointed. 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. Jet Aircraft For Fractional Ownership 1 - 25 of 41 Listings. Enhance your international business aviation operator skills at the 2024 International Operators Conference in Orlando, FL from April 15 to 18. Deprecated items of equipment or a charitable donation may qualify for a tax write-off. Practical. Enter a world of exceptional experiences designed to emulate whole aircraft ownership. 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. 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 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. No worries or additional costs. Targeting EBITDA profits in 2024, Wheels Up is cutting $30 million in employee costs, excluding pilots, frontline maintenance, and other customer-facing roles. As these programs grew in size, complexity and number, there was considerable controversy within the aviation community as to their appropriate regulatory structure. Granting you the ability to "right-size" your jet to fit each trip. 212.0597. Yes, your management fee will increase if you increase your size of share purchased. Once the client has selected an aircraft type and assessments are complete, we assist them with understanding the differences between the various proposals from the identified providers to determine which will most effectively meet their defined needs and requirements. Obsessive attention to detail ensures efficient and accurate logistics with around the clock service. This economically efficient option can provide significant savings. 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. We understand that travel flexibility is vital to our owners. What types of fractional aircraft ownership shares are available? Average capital fees for fractional jet ownership will start between $300,000 and $600,000 for a one-sixteenth share of a light jet. This varies depending on the aircraft type and size of the share. Their process was comprehensive and thorough. Collaborations with likeminded brands that offer one-of-a-kind experiences and products. Maybe. Private aviation offers numerous benefits, but each service option comes with its pros and cons. Total Time: 0. In some cases, the tax exemptions are customized to suit your interest and your tax situation. Designed for those who fly 50 or more hours per year, fractional ownership provides access to multiple cabin sizes equipped for a variety of needs and mission types. 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). More details to come! This means you can fly short routes (under one hour) and only be charged for the actual flight time involved with your trip. Naturally, when utilizing jets for more than 50 hours a year, SkyShare USA is an excellent solution. Co-Ownership Support, Legal Docs, help with insurance, financing etc. For example, a one-eighth share entitles an owner to 100 flight hours annually, which is approximately 50,000 miles. Search NBAA's Products & Services Directory by selecting the "Fractional Share Providers" product category. After completing the CAPTCHA below, you will immediately regain access to the site again. The cuts are part of its previously announced . Total hourly rate charge (THR) The THR is the rate you pay per hour flying, and includes the cost of fuel. See how companies of all sizes use aircraft to help their businesses succeed. A CirrusShare is ideal for anyone who flies 50 or more hours per year and wants the advantages of owning an aircraft. The First Cost Basis is signing your purchase agreement for your Fractional Share of a particular type of aircraft. We have your aircraft ready for you today! Fractional owners also do not have to pay a deadhead cost that is, any costs incurred from positioning the aircraft to their departure point. Imagine flying one of the most advance GA aircrafts for a private partnership, think Diamond D42/62 or the Cirrus SR22 - The SMA Network provides exposure to Commercial Pilots to fly and earn more! As an added benefit, some fractional plane ownership programs offer owners the option to upgrade or downgrade the size of the aircraft depending on their trip requirements. If I purchase a share of a specific aircraft model, does that mean Ill only fly on that specific model? 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. With operating costs from $699/hr. Gather with other operators for up-to-the minute information to support aircraft operations in regions around the world. Aircraft For Fractional Ownership in FLORIDA 1 - 17 of 17 Listings. You've disabled JavaScript in your web browser. You've disabled JavaScript in your web browser. Leasing. ShareMyAircraft is the internet's best resource to help you find a fractional share in Tampa, FL or throughout the country. Financial Considerations: Is Fractional Ownership the Right Choice for You? Our planes are always maintained according to the Manufacturers Maintenance Schedules as well. As with most rules of thumb, there is some truth to this maxim, but your analysis should go much deeper. 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 Get email alerts when a new share has been posted to your favorite airports! Innovative Solutions Our modern fleet of luxury private jets and unique programs ensure the most luxurious, financially efficient, sustainable solution, every time. Gulfstream G650 Access Programs. 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. 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