People Also Ask (PAA) We leverage decades of instructional knowledge, as well as manufacturing expertise, for an unmatched training environment. Flexjet private jet leasing options begin at 50 annual hours. Safety and security are essential traveling companions. Imagine the Fun you can have with this plane. 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. Plus, all legal liabilities, maintenance, pilot training, and positioning fees are your responsibility. Two Owners. Innovative Solutions Our modern fleet of luxury private jets and unique programs ensure the most luxurious, financially efficient, sustainable solution, every time. Your shared monthly fixed costs cover all the expenses to fly and operate your jet. flyExclusive Fractional is the newest offering from flyExclusive, providing a unique and flexible approach to fractional ownership. A third-party browser plugin, such as Ghostery or NoScript, is preventing JavaScript from running. 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. term of 30 months. The PlaneSense Fractional Program. As the name suggests, with fractional jet ownership you own a percentage of a plane with a group of other people. One of the main motivators for a fractional purchase is the ability to share the . Leasing. Our fleet is maintained to our impeccable standards, guaranteeing fractional owners satisfaction when flying on any of SkyShareUSAs aircraft. 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. Managing Aircraft for owners is not a new idea but SMA is making it easier to start (or expand) your Management business. Wifi Information R Louis Zeitlin 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. Tue -- 9:00 am - 5.00 pm. 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. Flexjet pilots are truly dedicated to a specific tail number, so you fly with those you know and trust. There are a few reasons this might happen: To regain access, please make sure that cookies and JavaScript are enabled before reloading the page. You're a power user moving through this website with super-human speed. 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. Annual increases are based on Consumer Price Index increases, thereby eliminating any large expenses that a dedicated aircraft owner might face. Am I able to fly over my allotted hours for the year? We take care of it all. It was easy to request this. 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. 1st bar = Cost Per 100 hours x 5 years2nd Bar = Fixed monthly expenses3rd Bar = Direct operating costs4th Bar = Ownership percentage. 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. You've disabled cookies in your web browser. Planning for the teams future is one of a leaders most important responsibilities. SkyShareUSAs program is simple, efficient, and transparent. This strategy allows us to offer the lowest-priced Fractional Jet Ownership shares in the industry. No matter your share size, you will enjoy a guaranteed number of aircraft upgrades and downgrades each year. 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. Private aviation offers numerous benefits, but each service option comes with its pros and cons. 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. Call today for a personal consultation with one of our private aviation experts. When two or more peopletypically a multiple of 1/16share ownership of an aircraft, it's considered a fractional ownership agreement. What's more, the Flexjet fractional program even predicts the majority of costs for the duration of your contract. 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. FL 33547 United States Telephone: . In these difficult economic times, many aircraft owners have been forced to re-evaluate the expense associated with sole ownership. 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. 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. We provide high-net-worth individuals, corporations and family offices with the insight and expertise they need to confidently navigate the purchase or lease of a fractional share. 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. Fractional aircraft share programs are long-lasting relationships. Share sizes range from 1/16th (50 hours) to 1/2 (400 hours), with no limit on the number of shares one may own. 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. 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. A CirrusShare is ideal for anyone who flies 50 or more hours per year and wants the advantages of owning an aircraft. Aircraft is always hangered. We couldnt be happier with the outcome., Lee and Tom are the dynamic duo you've been looking for. Our uncompromising standards in both service and safety ensure you can fly with true peace of mind. Naturally, when utilizing jets for more than 50 hours a year, SkyShare USA is an excellent solution. The Flexjet fractional ownership program presents many extras, including Red Label by Flexjet. Get answers to frequently asked questions about fractional ownership. Each day, we are guided by our core values of affordability, convenience, and safety, while providing best-in-class service and luxury. My plane is complex, so it was important for me to have someone with minimum time in my type and an instrument rating. Designed for those who fly 50+ hours per year, fractional jet ownership allows you to purchase equity in a specific Flexjet aircraft. What documents do I need to sign when I purchase a fractional jet ownership share? Is Fractional Ownership the Right Choice for You? Will I have the same crew for each flight? . 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. However, SkyShareUSA has a program to offset repositioning charges for owners. Whether youre reaching the worlds financial centers or remote mountain towns, well fly you there in luxury, precisely as you scheduled. Aircraft; Videos; FAQ; Opportunities; Map; Sign in; Request Information . Every agreement we enter into includes privacy and confidentiality clauses, which are strictly adhered to by every member of Essex Aviation. Typically, fractional programs require a minimum share size of 50 hours of flight time per year to acquire a share. If your aircraft type doesn't suit you for . 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. 2013 Daher Kodiak 100 available for 50% co-ownership.Total Time: 1,200Engine Hours: 1,200Propeller Hours: 1,200PIA Managed Co-ownership allows you to split the cost of this aircraft while maintaining access comparable to sole-ownership. 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. 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 . Secure the benefits of Fractional Ownership on an all-in cost per hour basis. Informed. Has your time come to rise above the delays, hassles, long wiats and lines along with uncomfortable accommodations of the airlines. But his concept is more than just an affordable buy-in. 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. 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. Gather with other operators for up-to-the minute information to support aircraft operations in regions around the world. Typically, fractional programs require a minimum share size of 50 hours of flight time per year to acquire a share. Monthly maintenance fee: These will be charged to each. ShareMyAircraft is the internet's best resource to help you find a fractional share in Tampa, FL or throughout the country. 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 NBAA Business Aviation Taxes Seminar provides a comprehensive understanding of how the appropriate tax laws and regulations apply exclusively to business aviation operators. All fractional operations will be in compliance with the new rule by the February 2005 deadline. Designed for those who fly 50+ hours per year, fractional jet ownership allows you to purchase equity in a specific Flexjet aircraft. The hours-per-year model is based on shares totaling 800 occupied hours per year sold for each aircraft. Jet Card. 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. Step off a Sky Share USA jet and into a private limousine, town car, or a prearranged rental car. As you were browsing something about your browser made us think you were a bot. 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. You are also able to convert unused hours to rollover hours up to 20% of your yearly allotment. Tax Benefits are available from fractional jet ownership as depreciation deductions. Florida Fractional Club puts a New Spin on the Concept. 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. Additionally, the FAA had evolving concerns regarding issues of accountability and responsibility for compliance (operational control). WORKING HOURS. The 2023 NBAA Tax, Regulatory & Risk Management Conference is the premier conference for attorneys, CPAs, financial advisors, CFOs and flight operations professionals looking for tax planning strategies from industry leaders. 2024 NBAA Maintenance Conference . With our new Global Access Program, we unveil an industry first: dynamic pricing. . For example, a one-eighth share entitles an owner to 100 flight hours annually, which is approximately 50,000 miles. You enjoy all the benefits of your private jet, while we handle the rest! We understand that travel flexibility is vital to our owners. Your allocation of hours is dependent upon how much of the jet you own. 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. 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 Aircraft listing and Share Liquidity. April 30 - May 2, 2024. . Most costs are fixed, and owners may use depreciation deductions applicable to a capital asset. Your contract will include a set number of overnights with no daily minimums for the overnights you select. 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. You can compare it to a time-share whereby your share defines how many hours you can use a plane during the year. Quite possibly we have the solution that will not break the bank. As you were browsing something about your browser made us think you were a bot. 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). . Stay connected for business. 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. This option can provide significant savings by making up to 25% of your hours available to other Owners within the Versatility Plus pool. All staffing and maintenance are included, with all work performed in-house. Additional information is available in this. In fact, you may never fly in your own aircraft. Included is our guarantee to cover 100% of all maintenance. The other common ownership fractions are: 1/8 = 100 hours 1/4 = 200 hours 1/2 = 400 hours Aircraft For Fractional Ownership 1 - 25 of 65 Listings. FL 34243, United States +19413763500 +19542901357. 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! "VisionAir is the latest innovation as we continue to define personal aviation," said Nielsen. 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. Most providers rotate their large fleet of aircraft and aircraft crews to meet the travel requirements of each fractional owner. Save the date and make plans to attend the biggest and most productive event of the year for business aviation. Personal data will be processed, stored, and used in accordance with the terms set out in our privacy policy. If I purchase a share of a specific aircraft model, does that mean Ill only fly on that specific model? At the end of your five-year program, SkyShareUSA will resell your aircraft and distribute the proceeds to all owners. What is the minimum fractional jet ownership share size? Services; Co-Ownership Vs. Partnership; . All the airplane, half the cost. Secure the benefits of Fractional Ownership on an all-in cost per hour basis. This program used current aircraft acquisition concepts, including shared or joint aircraft ownership, and provided for the management of the aircraft by an aircraft management company. Thank you. Not necessarily. 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. 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. Aircraft Location: South Florida, Florida, USA. 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.